Namibia News

Cairn India evaluating Block 1, RSA's Orange basin

Apr 24, 2014

Cairn India acquired about 3010 line-km of 2D infill seismic over Block 1 of the Orange basin, off South Africa's Northern Cape Province, in Q1 2014. It is currently evaluating the data. The company acquired a 1981sq km 3D…

Sevan Louisiana arrives in Curaçao

Apr 14, 2014

Fairmount Marine announced on 14 April 2014 that its tug Fairmount Sherpa has safely towed the semisubmersible drilling rig Sevan Louisiana from Singapore to Curaçao. During the 11,500mi. voyage via the Cape of Good Hope, stops were made in Port Louis (Mauritius)…

OMV takes Nigeria stake

Apr 03, 2014

OMV has taken another step into sub-Saharan Africa by entering an offshore exploration project offshore Namibia.  The transaction involves the acquisition of a 65%-interest petroleum exploration license (PEL) 046, containing exploration blocks 2613A and 2613B…

MSI ends deepwater program off Namibia

Feb 04, 2014

Metocean Services International (MSI) recently completed a deepwater current measurement program offshore Namibia for Repsol Exploration  with 100% data return. Repsol as operator of a partnership including Tower Resources Plc and Arcadia…

Chariot completes Namibian 2D survey

Jan 06, 2014

Chariot Oil & Gas Ltd has completed a 2128km 2D seismic survey in southern block 2714B offshore Namibia, the company announced. The survey was carried out by Dolphin Geophysical Ltd using the seismic vessel Artemis Atlantic to provide…

Global Briefs: November 2013

Nov 07, 2013

Transboundary may head to committee The US Senate bill ratifying the US-Mexico Transboundary Hydrocarbon Agreement, S. 812, is reportedly on its way to a conference committee. The Senate’s version of the bill, passed last month (October)…

Global Briefs: October 2013

Oct 10, 2013

Ghohta discovery Lundin Petroleum made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea. The well, 7120/1-3, 35km northwest of Snøhvit field, found a 75m oil column in Permian carbonates. Statoil…

HRT drills Moosehead duster

Sep 10, 2013

HRT Participações em Petróleo S.A.announced that the Moosehead-1 well, the third offshore well in its exploratory drilling campaign, is a dry hole. The Moosehead prospect is in Petroleum Exploration License 24 (PEL-24), in the Orange basin…

Serica in Morocco, Namibia drilling

Sep 17, 2013

Serica Energy has said a drilling campaign will start offshore Morocco in October.  Drilling will be carried out on the Foum Draa and Sidi Moussa blocks in October, and H1 2014 respectively.  The well on the Foum Draa block (operated by Cairn Energy…

Ithaca agrees string of deals

Sep 23, 2013

Ithaca Energy has agreed string of farm-out deals on a number of UK North Sea assets.  Newly formed private-equity backed Oyster Petroleum is to take a 9% working interest in west of Shetland licences containing the Handcross prospect…

Duma Energy to acquire Hydrocarb Corp.

Aug 15, 2013

Duma Energy Corp. signed a Letter of Intent to acquire 100% of the outstanding stock of Houston-based Hydrocarb Corp. In August 2012, Duma purchased a 39% working interest in Hydrocarb’s highly prospective 5.3 million-acre Owambo Basin concession in northern Namibia…

HRT targets Moosehead-1

Aug 07, 2013

HRT Participações em Petróleo has started drilling the Moosehead-1 exploration well offshore Namibia. The well (2713/16-1) is its the third offshore well in HRT's current exploration campaign. It is targeting the Moosehead prospect…

Eco Atlantic plans Namibian seismic

Jul 09, 2013

Eco (Atlantic) Oil & Gas is planning 3D and 2D seismic campaigns after being granted a one year extension on two exploration licenses offshore Namibia. The extension to the Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses, both in the Walvis Basin…

Eco seismic planned

Jul 25, 2013

Eco Oil & Gas (Atlantic) is planning seismic surveys after receiving a one-year extension on two exploration licenses off Namibia. The extension to the Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses, both in the Walvis basin, will…

Voices: “Geographically, what offshore region will emerge next as a new market?”

Jul 24, 2013

Globetrotting. OE sought to uncover which new offshore regions are being targeted as potential new markets. Here’s what our think tank had to say: “Geographically, what offshore region will emerge next as a new market?” Chariot…

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