Falklands-focused Rockhopper exploration has outlined plans to take over Mediterranean and North Africa-focused Mediterranean Oil & Gas in a cash and shares deal. The deal comes as Rockhopper looks to re-focus its portfolio after being…
Petrobras began production from its P-62 platform at the Roncador field, in the Campos Basin, off Brazil, the company announced on 12 May. The 111sq km Roncador field is located in a water depth of 1800m and is divided into four modules with differing API densities…
CNOOC Ltd began production at its 100%-owned Kenli 3-2 oilfields, the company announced on 12 May 2014. The Kenli 3-2 oilfields, located in the southern Bohai Sea at an average water depth of 20m, consists of Kenli 3-2, Bozhong 34-6/7…
Statoil announced plans to divest its interest in the ENI-operated block 15/06 offshore Angola for US$200 million. The transaction, which will be effective 1 January 2013, means concessionaire Sonangol EP will pick up Statoil's 5% participating interest…
UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia’s Petronas. Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis…
TGS and Electromagnetic Geoservices (EMGS) have agreed to further expand the companies' previous cooperation agreement in the Barents Sea. TGS will partner with EMGS to acquire electromagnetic (EM) data over four additional blocks in…
Noble Energy Inc. announced that it will propose the election of the company’s President and COO, David L. Stover as a director at its 22 April 2014 organizational meeting, and that it intends to appoint Stover as CEO in October 2014. This decision follows current Chairman and CEO…
In early April, Rosneft and ExxonMobil began aerial gravity-magnetic surveys over offshore blocks in the Yuzhno-Chukotsky licence area in the eastern Russian Arctic to establish the subsurface structure of the field. As part of a framework agreement…
Seismic acquisition firms PGS and TGS are working together to expand 2D seismic coverage offshore eastern Canada ahead of a new tenure round in the area, while EMGS signed a multi-client license agreement with Nalcor Energy (see below) covering the Flemish Pass basin…
A farm-out agreement between Tangiers Petroleum and Galp Energia has been approved, paving the way for the partnership to spud the TAO-1 offshore Morocco in June. Under the agreement, Galp is due to reimburse Tangiers' US$7.5million for back costs…
UK-based Africa and Celtic Sea-focused explorer Fastnet Oil & Gas has farmed out a 9.375% interest in the Foum Assaka license, offshore Morocco, to SK Innovation, the energy and chemicals affiliate of SK Group, South Korea's third largest conglomerate…
Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured). Lamprell’s contract was for a production…
The National Oceanic and Atmospheric Administration (NOAA), part of the US Department of Commerce, announced yesterday the start of the 2014 hydrographic survey season. New data collected will increase coastal environmental intelligence around the country…
Octanex N.L. announced that OMV New Zealand Ltd. has completed the planned 2D seismic survey, named Mohua, in the Taranaki basin off New Zealand. OMV has confirmed the survey vessel, Aquila Explorer, commenced acquisition of the Mohua survey on 19 April…
Cyprus-based Songa Offshore SE, an international midwater drilling contractor active in the North Atlantic basin, has chosen to deploy IFS Applications for Offshore Service to support its onshore and offshore operations. The contract includes…
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