TGS says it has signed a letter of intent (LOI) with Seabird Exploration to charter up to four 2D seismic vessels to be used over the next 36 months. The LOI gives TGS priority rights to the vessels subject to the issuance of seismic acquisition permits for the offshore waters of Mexico…
FAR Ltd has said a geotechnical evaluation of its offshore Western Australia exploration permits WA-457-P and WA-458-P in Australia’s Dampier Basin has identified multiple prospects with total prospective resources amounting to 447MM boe (unrisked best estimate basis) net to FAR…
Octanex N.L., an Australian exploration company, announced Thursday that it has been advised by OMV New Zealand Ltd., the operator of offshore Taranaki Basin permit PEP 51906, that the new Kaka 3D seismic survey has been successfully acquired within and adjacent to the Permit…
New Zealand’s offshore exploration prospects have risen after a renewed interest in the region. Today, Shell New Zealand, and its partners OMV New Zealand and Mitsui E&P Australia, announced plans to drill an exploration well in Production Exploration Permit (PEP) 50119…
On 4 December, New Zealand awarded five permits for offshore oil and gas exploration in Block Offer 2013, across the Reinga-Northland, Taranaki, and Great South-Canterbury basins. Australia's Woodside Energy Holdings and New Zealand Oil…
Panoro Energy ASA commenced a 3D seismic acquisition program in the Dussafu block off Gabon. The work will be carried out by Polarcus and is planned to cover an area of approximately 1260 km2 in the outboard part of the Dussafu license. The…
FAR Ltd. (“FAR”) completed negotiations on joint venture agreements with Ophir Energy PLC (“Ophir”) on highly prospective offshore Kenya exploration permit Block L9. Block L9 is a large permit in the heart of the Lamu basin. A series…
Irish independent Circle Oil Plc announced today that its subsidiary, Circle Oil Tunisia Ltd., has increased its stake in the offshore Mahdia license to 100%, after acquiring the remaining 30% working interest from Tethys Oil & Mining Inc…
CGGVeritas Services SA began a marine 3D seismic survey over Karoon Gas Australia’s WA-482-P permit area in the Northern Carnarvon Basin. The survey will cover about 2386sq km and will define leads and prospects first identified on existing 2D and 3D seismic data…
CGGVeritas Services SA began a marine 3D seismic survey on June 10 for Karoon Gas Australia's WA-482-P permit area off the Northern Carnarvon Basin. CGG is utilizing the vessel Geo Caspian. The operation is expected to take abour 56 days…
Petroceltic's wholly owned subsidiary, Petroceltic Italia Srl, has been awarded the exploration permit 'B.R272.EL' in the Central Adriatic offshore Italy (formerly application block d.507).The award of the B.R272.EL permit is a significant step…
The Kenyan Government has confirmed a 60% expansion of FAR Ltd.’s L6 exploration permit off Kenya. This additional area, which had previously been relinquished and has now been re-instated, increases the total permit area to 5,010 km2.Click…
Australian-listed exploration firm FAR says prospects offshore Kenya and Senegal “much larger than we originally assessed”.Announcing the outcome of updated prospective resource estimates following the completion of internal technical studies…
Andrew McBarnet forecasts some damaging consequences for marine seismic operations offshore the US as a result of the Deepwater Horizon disaster.The enormity of the blow-out and sinking of the Deepwater Horizon drilling rig at the BP Macondo…
The scheduled 2012 lease sale offshore Virginia will proceed, even without the environmental impact studies necessary to allow oil & gas exploration in place, according to MMS director Liz Burnham.The sale – the first on the US Atlantic OCS…
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