Lundin Petroleum AB spudded the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia. The West Prospero. From Seadrill. The Kitabu prospect is a stratigraphic trap…
Eni made an “important” gas discovery in the Merakes exploration prospect, located in the East Sepinggan Block, offshore Indonesia. The East Sepinggan block is located in the offshore East Kalimantan (Borneo), 170km south of the Bontang…
EnQuest awarded Technip a large engineering, procurement, installation and construction (EPCI) contract for the Kraken development located in the North Sea, 400km northeast of Aberdeen and 130km east of Shetland, at a water depth of approximately 120m…
Even as European stalwarts like Statoil champion for a standardized, “Lego-style” subsea factory, it was the topic of the day at the Houston Technology Center’s Deepwater Technology Symposium. Speakers from DeepStar, FMC Technologies…
The Agence de Gestion et de Coopération entre la Guinée-Bissau et le Sénégal (AGC) awarded African-focused Impact Oil and Gas a new exploration license covering the AGC Profond block, located offshore, in the Senegal Guinea Bissau Joint Development Zone (AGC)…
The Saint-Petersburg International Mercantile Exchange (SPIMEX) began on-exchange natural gas trading. The opening ceremony was attended by Rosneft head Igor Sechin (photo, at right), who is also Chairman of the Management Board of SPIMEX…
Brazil’s Petrobras discovered gas at the Lontra well located in the Espírito Santo basin offshore Brazil. Well 4-GLF-42-ESS (Lontra) is at 1319m water depth and lies 81km offshore the city of Vitória in Espírito Santo state, within the Golfinho concession area…
UK-based Ophir Energy increased its footprint offshore Gabon by signing exploration and production sharing contracts (PSC) for two additional blocks in the area. The new blocks, A3 and A4, are located outboard of Ophir's existing acreage in the North Gabon basin…
Energy services company Proserv has signed an agreement to be acquired by major US private equity investor Riverstone Holdings LLC. Riverstone Global Energy and Power Fund V, LP, in partnership with Proserv management, will acquire 100% of Proserv shares from Intervale Capital…
RossOffshore AS, based in Bergen, Norway, has been awarded long-term helicopter services contract with Lundin Norway AS and the Det norske oljeselskap ASA. The three-year contract is to book personnel for flights offshore Norway, and includes three x two-year options to extend…
Karoon Gas Australia has now taken possession of the Olinda Star semisubmersible drilling rig from Petrobras to drill in the Santos basin, offshore Brazil. The rig is currently in the Campos basin and expected to be on location in the…
Ocean Floor Geophysics Ltd. (OFG) completed a high resolution CSEM survey of near surface gas hydrates using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology (AIST) in Japanese waters…
CNOOC Ltd. made a new, “mid-to-large” discovery at Jinzhou 23-2 in Bohai, offshore China. The Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10m. The well Jinzhou…
State-owned oil company Petróleos Mexicanos (Pemex) has issued two series of notes totaling US$1 billion, guaranteed by the US Export-Import Bank. Pemex is using the proceeds from the sale of the notes to purchase goods and services…
The Danish Energy Agency (DEA, Energistyrelsen) reported record interest from oil and gas companies in the upcoming licensing round for blocks in the North Sea. DEA received 25 applications from 15 oil companies, and several applicants have not previously held licenses in Denmark…
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