Shell made a large exploration discovery at the Leopard-1 well, offshore Gabon, West Africa. The exploration well encountered a substantial gas column with around 200m net gas pay in a pre-salt reservoir. Leopard-1 is located in license BCD10 approximately 145km off the Gabonese coast…
Oil and gas exploration has turned many areas of Sub-Saharan Africa into economic hotspots, and operators are now looking at South Africa’s western coast. Planned infrastructure improvements may improve exploration logistics, but…
Emerging Markets Communications (EMC) introduces QuickSkid Solution to enable faster, more reliable and flexible communications for the oil and gas industry. Image of QuickSkid. From EMC. Rig owners…
Rolls-Royce has signed a cooperation agreement with the Astican Shipyard in Las Palmas, Canary Islands that it said will enhance the service capabilities of both parties to meet growing demand from rig and drillship owners. Astican…
Tamar partners and Dolphinus Holdings Ltd. signed a letter of intent for the supply of natural gas from the Tamar project located offshore Israel, to Dolphinus for use in Egypt. Map of Tamar field. From Noble…
Genel Energy's SM-1 well on the Nour prospect in the Sidi Moussa block offshore Morocco has found oil and is to be well tested. Partner San Leon Energy said the well, drilled using Noble Corp.'s Noble Paul Romano semisubmersible drilling rig…
Italian major Eni and Korea Gas Corp. (Kogas) signed a cooperation agreement that will allow the two to jointly pursue global opportunities in a number of areas including the upstream and LNG sectors. Image from Kogas…
Perth, Australia-based Woodside Petroleum will farm into 30% of the Tilapia production sharing contract offshore Cameroon, the company announced on 14 October. The company signed an agreement with Tilapia partners Noble Energy and Glencore for the block…
Chevron’s Angolan subsidiary, Cabinda Gulf Oil Co. Ltd., extended its contract for the ultra deepwater semisubmersible Maersk Deliverer offshore Angola for two years. Maersk says that the estimated revenue potential from the two-year extension is US$387 million…
SOCO International says its subsidiary SOCO EPC is planning to perform a well test on the Lidongo X Marine 101 well in the Marine XI Block offshore the Republic of Congo, west Africa. The well encountered oil in a clastics sequence in…
Deepwater exploration offers one of the few attractive places for today's international oil companies, but costs will need to be curbed to make it work, senior executives said in Aberdeen today (14 October). Total's…
Petrel Resources and Clontarf Energy have confirmed that an agreement has been reached with the Ghanaian authorities on the specific revised co-ordinates of the signed Petroleum Agreement on a license Block in the Tano area of Ghana. The…
Liberia’s current invitation-only bidding round has ignited interest among international oil companies, due to the country’s considerable hydrocarbon potential and favorable fiscal terms. However, the Ebola virus outbreak and Liberia’s poor infrastructure will pose challenges to the round…
Yinka Folawiyo Petroleum and joint venture partners made the final investment decisions to develop the Aje Cenomanian oil reservoir in the OML 113 license in Nigeria. Map of the Aje field. From Panoro…
Mozambique will announce their fifth licensing round later this month in London. A total of 15 blocks at a total acreage of 76,800sq km will included in the competitive bidding round for hydrocarbon exploration that include areas offshore Rovuma…