Offshore Magazine

Regional Reports

Africa

Abstract submission deadline for Offshore West Africa extended

The deadline to submit an abstract for consideration as a presentation at Offshore West Africa Conference and Exhibition is extended to May 22.

CNR backs into Cote d’Ivoire block

Canadian Natural Resources (CNR) has taken a 36% interest in block 514 off Cote d’Ivoire.

Statoil teams with Hess in deepwater offshore Ghana

Statoil (OSE:STL, NYSE:STO) has farmed into a deepwater license operated by Hess (HES:NYSE) offshore Ghana.

Asia

ROC signs further Bohai Bay PSC

China National Offshore Oil Corp. (CNOOC) has signed a production sharing contract with Roc Oil (Bohai) for block 09/05 in Bohai Bay.

Korea looks for foreign investors

While the Offshore Technology Conference was under way at Reliant Center on Monday, a number of organizations joined forces at a forum in the Westin Galleria Hotel to discuss investment opportuniti...

Salamander seeks cash for offshore Thailand projects

Salamander Energy intends to raise $201 million via a share issues.

SOEL invites farm-ins to offshore Indonesia license

MEO Australia subsidiary Seruway Offshore Exploration Limited (SOEL) is looking for partners in its Seruway PSC, offshore North Sumatra.

Eni to explore offshore deepwater South China Sea

Eni (MI:ENI, NYSE:E) and China National Offshore Oil Corp. have signed a Production Sharing Contract (PSC) for the exploration of block 30/27, 400 km (250 mi) off the coast of Hong Kong.

Australia & New Zealand

New exploration permits issued for offshore Australia

Australia has awarded 12 new offshore exploration permits off Western Australia and Victoria, and expects to see $303 million in area investments in the next three years.

 

Woodside lining up wells off South Korea, northwest Australia

Woodside Energy plans to start drilling the Jujak-1 exploration well offshore South Korea before mid-year.

BAM Clough sign Ichthys loading facility contracts

Clough Ltd. (ASX:CLO) says the BAM Clough joint venture has signed two contracts with JGC Corp., KBR, and Chiyoda Corp. to design and construct the Ichthys LNG module offloading facility and produc...

ROC serves notice of New Zealand permit exit

ROC Oil (Taranaki) intends to withdraw from exploration block PEP52181 in the Taranaki basin off New Zealand, pending government approvals.

NZOG makes offer on Kaheru permit offshore New Zealand

NZ Oil and Gas will pay $35 million for AGL’s 15% stake in the Kaheru permit (PEP 52181) offshore Taranaki coast.

Canada

Husky progressing Atlantic Canada expansion projects

Husky Energy has provided an update on its E&P activities offshore eastern Canada.

WorleyParsons, Fluor to manage Hebron topsides construction

ExxonMobil Canada Properties has contracted WorleyParsons for the topsides on the Hebron project offshore Newfoundland and Labrador.

Shell gets deepwater exploration tracts offshore Nova Scotia

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has awarded to Shell Canada Ltd. exploration rights for four deepwater parcels offshore southwestern Nova Scotia.

US, Canada complete step in Arctic Ocean continental shelf identification

A fourth joint project to map the Arctic Ocean continental shelf by the United States and Canada is now complete.

Statoil joins Cairn in two exploration licenses offshore Greenland

Statoil has acquired 30.625% working interest in Cairn Energy’s Pitu license in Baffin Bay offshore western Greenland.

Latin America

Partners confirm presalt potential in deepwater offshore Brazil

Statoil (OSE: STL, NYSE:STO) together with operator Repsol Sinopec and partner Petrobras confirm the potential of the presalt block BM-C-33 in the Campos basin offshore Brazil.

PEMEX outlines procurement needs at OTC

Since 2004, the loss of 1.5 MMb/d from its super-giant Cantarell field has prompted PEMEX E&P to look again at its portfolio of undrilled prospects in the shallow waters of Campeche.

Total secures Uruguay deep offshore block

Total has been awarded an exploration license for block 14 offshore Uruguay, following a second bid round staged by state-owned company ANCAP.

OGX declares offshore Brazil oil field commercial

OGX Petróleo e Gás Participações S.A. (OGX) (Bovespa: OGXP3; OTC: OGXPY.PK) has presented a Declaration of Commerciality for the Waikiki accumulation in the shallow water Campos basin to Brazi...

OGX takes control of Campos basin blocks offshore Brazil

OGX has acquired an additional 20% stake from partner Maersk Oil in two shallow water blocks in the Campos basin.

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

Qatar Petroleum, Total form acid stimulation study partnership

Qatar Petroleum (QP) and Total have signed a research and technology agreement, designed to increase production from Qatar’s carbonates oil and gas fields through use of acid stimulation.

UTEC assists Middle East offshore pipeline survey

UTEC Survey’s Maridive 515 vessel is supporting a pipeline survey in the Arabian Gulf.

Dahan farm-in triggers fresh activity offshore Ras Al Khaimah

DNO International has signed an amended agreement to the offshore Saleh concession with the government of the Emirate of Ras Al Khaimah, RAK Gas, and Dahan Petroleum.

Emanuelle backs into shallow-water Israeli license

Emanuelle Energy, a subsidiary of Israel Land Development - Energy, intends to exercise an option to participate in the shallow water 388/Samuel license offshore Israel.

ITF assesses Middle East technology gaps

Representatives of 30 oil companies and service groups have attended a technology forum organized by ITF and sponsored by Kuwait Oil Co.

North Sea & Europe

Record bids for latest UK license round

Britain has received a record number of applications in its latest offshore licensing round.

Ithaca assumes lead role at Carna in North Sea

Ithaca Energy has completed a transaction giving it operatorship of the Carna gas discovery in the UK southern North Sea.

Total confirms termination of North Sea gas leak

Total (NYSE:TOT PARIS:FP FP) says its operation to halt the gas leak from the Elgin field G4 well in the UK North Sea is a success.

EnQuest lifts stakes in offshore UK fields

EnQuest has increased its interest in two UK offshore discoveries and one field under development.

Cairn hopeful of hub development at Norwegian Sea Skarfjell field

Cairn Energy says Wintershall’s recent Skarfjell oil discovery in the Norwegian could provide the basis for a stand-alone development, also tying in production from stranded fields in the area.

Russia

Statoil, Rosneft agree far Russian north joint venture

Rosneft and Statoil have agreed to jointly explore offshore fields in the Russian sectors of the Barents Sea and the Sea of Okhotsk.

Russia agrees far north, Black Sea partnership

Rosneft and Eni have signed an Integrated Cooperation Agreement to jointly explore fields in the Russian sectors of the Black and Barents Seas.

Nord Stream pipeline to undergo temporary shutdown

The Nord Stream gas pipeline project in the Baltic Sea is entering an intensive period of activity.

Dragon inviting tenders for Turkmen offshore rigs, platforms

Oil Production from the Cheleken Contract Area in the Turkmen sector of the Caspian Sea averaged 70,600 b/d in the first quarter of 2012, according to operator Dragon Oil.

Rosneft wins local support for Arctic seismic campaign

Public hearings have concluded in northern Russia on Rosneft’s 2012 Arctic seismic study program.

US & Gulf of Mexico

TGS starts Independence 3D WAZ survey in GoM

TGS has begun a 3D multi-client, wide-azimuth seismic survey over 3,500 sq km (1,351 sq mi) in the Gulf of Mexico.

BOEM issues Final Notice on June 20 GoM lease sale

The Final Notice of Sale for the June 20, 2012, Central Gulf of Mexico lease sale includes 7,276 blocks and 38.6 million acres.

BSEE Director outlines path forward at OTC

Bureau of Safety and Environmental Enforcement Director James A. Watson delivered remarks in early May at the Offshore Technology Conference in Houston, Texas.

OTC 2012 reaches record number of attendees

Offshore energy industry experts from around the world came together April 30 – May 3 for the 2012 Offshore Technology Conference at Reliant Park in Houston.

OTC 2012: Dow releases advanced subsea flow assurance insulation system

Dow Oil & Gas has launched the NEPTUNE advanced subsea flow assurance insulation system, a technology specifically engineered to withstand the increasingly harsh conditions associated with subs...