Russia’s Rosneft has closed the US$1.13 billion deal to acquire stake in the Shorouk concession, containing the giant Zohr field offshore Egypt from Italy’s Eni. Map of Zohr, from Eni. Rosneft…
Tower Resources is taking steps to drill on the shallow water Thali license offshore Cameroon. Map of Thali. From Tower. Thali is in the Rio del Rey basin in the eastern part of the Niger Delta…
Study area, in red. Map from Total. Total and the National Office of Petroleum of Guinea (ONAP) signed a technical evaluation agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry…
ONGC has officially entered offshore Namibia, following the completion of its 30% stake deal of Namibia Petroleum Exploration License 0037 from Tullow. ONGC subsidiary ONGC Videsh completed the acquisition of 30% participating interest…
Connector Subsea Solutions and Hydratight completed the world’s first deepwater riser repair at 1250m depth for BP off West Africa. Pål Magne Hisdal, Andre Midtun and Ivar K. Hanson explain. Image from the installation phase…
Is deepwater still relevant? Shell thinks so, from optimizing its existing production to new projects. But when will the tap be turned? Elaine Maslin reports. Shell’s Olympus platform. Photo from Shell's Flickr…
Hyperdynamics will seek a two-year appraisal period to test the Fatala prospect area for commercial resources, but will go solo after partner South Atlantic Petroleum (Sapetro) decided to withdraw from the joint operating agreement (JOA)…
Hyperdynamics is looking at options after finding signs of encouragement at its recently failed Fatala prospect, offshore the Republic of Guinea in Northwest Africa. Map of Guinea acreage, from Hyperdynamics…
UK oil and gas engineering firm FES International has successfully delivered and supported the installation of equipment to Eni’s Offshore Cape Three Points (OCTP) project offshore Ghana, completing a multimillion dollar deal. One of the DBSCs…
Xodus Group has been awarded two environmental and social impact assessment (ESIA) contracts for projects in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) blocks in Senegal, West Africa. Xodus’ environmental…
Ophir Energy is holding out hope that the Fortuna FLNG project offshore Equatorial Guinea will reach final investment decision (FID) by the end of the year, however, the company still has a few hurdles to pass. Fortuna FLNG…
Africa Energy signed a multimillion deal with Pancontinental to take 33.33% stake in subsidiary Pancontinental Namibia (PNPL). Pancontinental will retain 66.67% of the issued capital of PNPL, which holds a 30% interest in the highly prospective license PEL 37…
Borr Drilling accepted a letter of intent from BW Energy Dussafu (BWE), a subsidiary of BW Offshore, for a drilling campaign offshore Gabon. Borr’s premium, high-specification jackup Norve will be utilized to drill and complete two subsea development wells…
Hyperdynamics failed to encounter hydrocarbons at its Fatala-1 well offshore the Republic of Guinea in Northwest Africa, in what the company thought was to be a “potential world-class hydrocarbon discovery.” Map from Hyperdynamics…
Statoil has signed agreements with two companies that will see the Norwegian giant farm into licenses offshore South Africa, and gaining operatorship in one. Map from Statoil. Statoil…
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