Australia's Woodside says the Scarborough project could move into front end engineering and design in 2017, with a final investment decision by 2020. Woodside acquired a stake in the ExxonMobil-operated license, containing the Scarborough field…
UK-listed independent Ophir Energy says preparations for drilling to restart on the deepwater Ayame-1 oil exploration well offshore Ivory Coast, Africa, are at an advanced stage. The well is expected to spud in late May and is targeting about 240 MMbbl Pmean recoverable resources…
Despite reductions in exploration spend, work goes on. Elaine Maslin speaks with Wood Mackenzie’s Andrew Latham to find out where explorers will aim their drillbits this year. Stena DrillMAX. Photo from Stena Drilling…
Elaine Maslin reports on the year’s top discoveries to date. The largest discoveries were smaller in 2016, but the average ranged between 396-524 MMboe. Atwood Oceanic’s Atwood Achiever drillship…
Woodside Petroleum is preparing for its Myanmar drilling campaign as soon as next year, after identifying 2.4 Tcf of gas in the area earlier this year. Coleman. Image from Woodside. “Our…
Quest Offshore, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region. Melissa Sustaita sets out the details. Top…
Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy. The drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target >1 Tcf of gas…
Australian energy giant Woodside will acquire half of BHP Billiton’s Scarborough gas assets in the Carnarvon Basin, offshore Western Australia. Woodside will pay US$250 million on completion of the transaction and a contingent payment…
Dr. Lena Wilson, chief executive of Scottish Enterprise and chair of Scotland’s Energy Jobs Taskforce, is leading the first ever delegation of Scottish companies to Myanmar in a bid to identify trade, investment and collaboration opportunities in the market…
Woodside is considering development options on its two discoveries offshore Myanmar, as well as a 4-7 well drilling campaign next year, the firm said this morning. The plans, potentially involving tie-backs or even a standalone development…
Singapore-based Swiber secured three new contracts worth a total of US$215 million for separate projects in the Middle East and Southeast Asia regions. Swiber was awarded an engineering, procurement, construction and installation (EPCI)…
Australia's Woodside Energy has announced a second gas discovery offshore Myanmar just weeks after announcing its first in the newly opened country. Following the discovery, the firm is set to shoot more seismic over its acreage offshore Myanmar…
It's what just a few years ago was seen as possibly one of the most unlikely places for a battle over who could tow the largest seismic spread. However, just that is underway offshore Myanmar, or Burma, which has come under exploration…
Woodside Energy and partner Daewoo International have started drilling their latest exploration well offshore Myanmar just weeks after announcing a gas discovery in the region. The latest well, the Thalin-1 well in Block AD-7, was spudded 20 January…
Woodside Energy has made a gas discovery offshore Myanmar giving hope to the string of majors who entered the country following its emergence from sanction driven isolation. Woodside made the discovery on the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin…
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