Regional Reports

Africa

Aminex receives more time to assess deepwater leads offshore Tanzania

Tanzania’s Ministry of Energy and Mines has agreed to defer Aminex’s obligation to drill two exploration wells in the offshore Nyuni Area.

Circle gains extension for prospective permit offshore Tunisia

Tunisia’s government has approved an application by Circle Oil to renew the exploration permit on its offshore Mahdia block by three years until Ja...

Cobalt to sell offshore Angola blocks

Sonangol and Cobalt International Energy Inc. have signed a sale and purchase agreement for Sonangol to acquire all of Cobalt’s 40% participating i...

Asia

Tap signs PSC for block offshore Myanmar

Tap Oil has formalized its debut as an operator offshore Myanmar.

CNOOC signs PSC with Roc for two South China Sea blocks

China National Offshore Oil Corp. has signed two production-sharing contracts with Roc Oil (China) for blocks 16/07 and 03/33 in the South China Sea.

GLOBAL E&P

Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

Idemitsu, Sumitomo sign exploration PSC offshore Vietnam

JOGMEC has agreed to provide equity financing to two Japanese oil companies for exploration offshore Vietnam.

Tap Oil awaits confirmation of offshore Myanmar block

Tap Oil expects to sign a production-sharing contract soon for the shallow-water block M-7 in the Moattama basin offshore Myanmar. 

Australia & New Zealand

GLOBAL E&P

Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

Tap Oil awaits confirmation of offshore Myanmar block

Tap Oil expects to sign a production-sharing contract soon for the shallow-water block M-7 in the Moattama basin offshore Myanmar. 

Octanex seeks to retain Ascalon gas discovery off Western Australia

Octanex has declared the location over the Ascalon gas discovery offshore Western Australia in the Bonaparte basin. 

Australia considers combining coastal waters approval processes

Australia’s Commonwealth Minister for the Environment, the Department of Industry and Science, and the National Offshore Petroleum Safety and Environmental Management Authority have agreed to asses...

Woodside completing latest Pluto LNG tie-in offshore Australia

Woodside Petroleum says the first of two subsea installation campaigns has started for the Phase 1 Xena field development offshore Western Australia.

Canada

GLOBAL E&P

Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

GLOBAL E&P

Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

Husky Energy begins oil production at South White Rose extension

Husky Energy has commenced production from the South White Rose project in the Jeanne d’Arc basin offshore Newfoundland and Labrador.

Nalcor delivers first Newfoundland and Labrador metocean findings

Nalcor Energy Oil & Gas has issued results of the first regional metocean study offshore Newfoundland and Labrador.

Canada-Nova Scotia calls for offshore exploration tract bids

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has issued Call for Bids NS15-1 covering nine parcels on the central to western Scotian margin.

Latin America

Ecopetrol to form new offshore subsidiary

Ecopetrol SA will create a wholly owned subsidiary focused on developing projects offshore Colombia.

GLOBAL E&P

Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

Rosneft puts name forward for Brazil license round

Rosneft subsidiary RN-Brasil has registered to bid for Brazil’s 13th license round.

Mexico revises rules for second phase of Round One auction

Mexico’s oil regulator has unveiled more attractive rules for the second phase of the country’s Round One oil auction, according to a report in the Latin American Herald Tribune. 

Mexico to postpone deepwater auction, revise bid terms

Officials with the Mexican government have indicated that it will postpone auctions for deepwater oil exploration and production contracts, and adjust the terms of upcoming tenders, according to re...

Offshore Drilling Technology eNewsletter

Weekly Report

Click here to subscribe to the free Offshore Weekly Report
Every week, Offshore Industry Update delivers the latest information on offshore oil and gas operations and deep offshore markets directly to your email inbox.

Middle East

Israel grants extension for Alon licenses

Delek Group says Israel’s Ministry of Energy and Water Resources has granted an extension to two offshore licenses.

Circle gains extension for prospective permit offshore Tunisia

Tunisia’s government has approved an application by Circle Oil to renew the exploration permit on its offshore Mahdia block by three years until Jan. 19, 2018.

GLOBAL E&P

Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

Gulf, Pacific win offshore block in the Gulf of Suez

Egypt’s Ministry of Petroleum division Ganope has awarded Gulf Hibiscus and Pacific Oil an offshore exploration block in the southern Gulf of Suez.

Eni finds gas at Nooros in Nile Delta

Eni has discovered gas in the Nooros prospect in the Abu Madi West license offshore Egypt’s Nile Delta.

North Sea & Europe

Iona negotiating farm-out of Orlando in North Sea

Iona Energy expects cost for the Orlando tieback to the Ninian Central platform in the UK northern North Sea during 2015-2016 to be reduced from $215 million to $192 million. 

Total strikes deal for stakes in UK offshore gas trunklines

Total has agreed to sell its interests in the FUKA and SIRGE gas pipelines in the UK North Sea and the St. Fergus Gas Terminal north of Aberdeen to North Sea Midstream Partners for £585 million ($9...

UK CO2 storage project to analyze brine removal

The Energy Technologies Institute is seeking new partners for a project to study the impact of removing brine from subsea reservoirs in the UK sector used to store carbon dioxide. 

IOG given more time for North Sea Skipper transaction

Independent Oil and Gas (AIM: IOG.L) has agreed on an extension to a sale and purchase agreement to acquire 50% of UK northern North Sea license P1609 from Alpha Petroleum Resources.

Ekofisk marks 50th license anniversary

ConocoPhillips Norge has commemorated the 50th anniversary since the award of production license 018 in the southern Norwegian Sea.

Russia

GLOBAL E&P

Oil and gas production from the world's deepwater fields will grow by 7.7% annually over the next seven years according to analyst Douglas Westwood, reaching 10.2 MMboe/d in 2021.

Rosneft outlines Russian Arctic investigations

Rosneft says its Kara-Winter-2015 scientific-exploratory program has been completed offshore northern Russia.

Lundin to resume appraisal of Morskaya in Caspian Sea

Rosnedra, the Russian licensing authority, has issued a production license for the Morskaya field within the Lagansky block in the Russian sector of the Caspian Sea.

Rosneft to explore Azov Sea

Rosneft says it is preparing to drill the Geologicheskaya-1 well in the Temryuksko-Akhtarskiy license in the Azov Sea.

Gazprom Neft, PetroVietnam strengthen ties

Gazprom Neft and Vietnam Oil and Gas Group (PetroVietnam) have signed a series of agreements to extend their collaboration.

US & Gulf of Mexico

Western Gulf of Mexico lease sale yields $22.7 million in high bids

The Western Gulf of Mexico Lease Sale 246 drew $22,675,212 in high bids for tracts on the US outer continental shelf offshore Texas, according to the Department of the Interior’s Bureau of Ocean En...

SEMS, safety audits loom large after recent government mandates

Since the 2010 spill at the Macondo prospect in the Gulf of Mexico, the oil and natural gas industry and government regulators have made tremendous strides to enhance the safety of offshore operati...

More good news, bad news for Gulf E&P

Exploration activity in the Gulf of Mexico continues to see new positive milestones, driven by past discoveries and recent field development; and more discouraging ones, owing to the continued stat...

GLOBAL E&P

Shell aimed to re-start exploration drilling offshore Alaska last month, assuming sea ice had cleared.

BOEM issues final GoM Lease Sale 246 notice

The US Bureau of Ocean Energy Management plans to offer approximately 21.9 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available u...
Click to Visit the Offshore Learning Center