Oceaneering will supply 43km of electro-hydraulic, steel tube control umbilicals for Esso Exploration’s Kizomba Satellites Phase 2 development off Angola. The cables used at Bavuca and Kakocha fields will tie back to the Kizomba BFPSO, while…
Natural gas is still not a global fungible commodity, although the LNG trade steadily grows as projects and the global fleet expand. ExxonMobil thinks that worldwide natural gas use will grow more than any other fuel – by 65% over the next 30 years…
Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…
ExxonMobil has acquired a 75% stake in Impact Africa’s Tugela South Exploration Right off the eastern coast of South Africa.ExxonMobil has also secured a one-year permit to study the hydrocarbon potential of the deepwater Durban Basin, which covers approximately 12.4 million acres.
Mondo FPSOOceaneering wins umbilicals supply off AngolaOceaneering has picked up an umbilicals supply contract for the Kizomba Satellites Phase 2 development offshore Angola, the company announced on 19 December 2012.ExxonMobil subsidiary…
ExxonMobil acquires 75% stake in Durban BasinTugela South Exploration RightExxonMobil is set to explore the deepwater Durban Basin offshore South Africa after acquiring 75% stake in the Tugela South Exploration Right, the company announced on 17 December 2012…
ExxonMobil Exploration and Production South Africa Ltd. will soon begin exploration activities offshore South Africa. The ExxonMobil affiliate signed an agreement with Impact Africa Ltd. (Impact), a subsidiary of Impact Oil & Gas Ltd…
In October 2012, the government of the Comoros Islands issued a statement that only one company, Mozambique Channel Discovery Ltd. (MCD), a subsidiary of Luxembourg-based Boulle Mining Group, has oil and gas exploration and production rights throughout the territorial waters of the Comoros…
Stena DrillMaxNo commercial find at Tullow’s Zaedyus-2 well Drilling at Tullow's Zaedyus-2 appraisal well has been completed offshore French Guiana, the company announced on 4 December 2012.The well, drilled 5km up-dip from the Zaedyus-1 discovery by the Stena DrillMax…
BurundiGAC UK & GAC-Seaforth have overcome challenges to complete the successful delivery of a complex collection of cargo to Lake Tanganyika, Burundi, to support Surestream Petroleum (UK)'s explorations in Africa.Independent oil exploration company Surestream Petroleum Ltd…
Kenya mapTullow's Twiga South-1 exploration well in Block 13T, onshore Kenya, has encountered oil, the company confirmed 26 November 2012.Twiga South-1 has encountered 30m of net oil pay with further potential to be assessed on test and…
Smit Lamnalco has renewed its marine support services contract with oil major Shell in Gabon, in a deal that has triggered investment in three auxiliary vessel newbuildings.The five year contract renewal extends an uninterrupted relationship…
Tullow has reached an agreement for 40% operating interest in Houston-based Hyperdynamics' offshore Guinea concession, the two companies announced on 20 November 2012.In late October, Tullow expressed interest in joining the concession. Hyperdynamics…
Total has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash, the company announced on 19 November 2012…
The ultra-deepwater drillship Pacific Khamsin has been awarded a contract by a wholly-owned indirect subsidiary of Chevron Corporation for operations in West Africa, the ship's owner Pacific Drilling announced on 16 November 2012.The minimum…
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