Premier scales back offshore Kenya operationsPremier Oil has relinquished its 20% interest in the L10A exploration block offshore Kenya, following a review of prospectivity. |
Local involvement a feature in latest deepwater Ghana block awardGhana’s Parliament has ratified a petroleum agreement for the South Deepwater Tano block (SDWT). |
Pavilion set to join offshore Tanzania gas partnershipOphir Energy has agreed to farm out a 20% interest in three blocks offshore Tanzania to Singapore-based Pavilion Energy. |
ONGC, Petrovietnam strengthen tiesONGC Videsh and Petrovietnam have agreed to cooperate in the hydrocarbon sector in Vietnam, India, and other countries. |
CEPSA agrees to Coastal Energy takeoverSpanish oil company CEPSA has agreed to acquire Coastal Energy via a share purchase. |
Horizon in farm-in talks for Bohai Bay concessionRoc Oil (Bohai) says a 162-sq km (62-sq mi) 3D ocean bottom cable seismic campaign has been completed in the 09/05 exploration license in Bohai Bay offshore China. |
CNOOC offers 25 offshore blocks for cooperation projects
China National Offshore Oil Corp. (CNOOC) is offering 25 new offshore blocks for cooperation projects with foreign companies. Seventeen of the blocks are located in the South China Sea, three ...
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India approves acquisitions offshore deepwater MozambiqueONGC Videsh and Oil India have received governmental approval to acquire a total of 20% interest in gas production offshore Mozambique. |
Statoil awarded deepwater permit offshore New ZealandStatoil has been awarded a 100% interest in an exploration permit offshore New Zealand under the country’s Block Offer 2013 round. |
Ensco 104 set to spud Blackwood-2 offshore Timor SeaThe jackup Ensco 104 is on location in the Timor Sea, preparing to spud the Blackwood-2 appraisal well for the NT/P68 joint venture. |
Timor Sea well confirms gas potential in Evans Shoal
Eni has completed the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, offshore Northern Australia, on behalf of the NT/P48 exploration permit partners.
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Chevron acquires deepwater blocks offshore South AustraliaChevron Australia has acquired exploration interests in two offshore blocks in the deepwater frontier Bight basin. |
Origin to operate Breakwater well offshore AustraliaMEO has agreed to a farm-out with Origin Energy for the WA-454-P offshore permit in the Bonaparte Gulf Petrel sub-basin offshore Western Australia. |
Husky gets go-ahead on White Rose development planHusky Energy (TSX:HSE) has received regulatory approval on an amended South White Rose field development plan, the third satellite extension at the White Rose field in the Atlantic Region. |
Study revives exploration interest offshore Nova ScotiaBeicip-Franlab has used basin modeling technologies developed by IFP Energies nouvelles (IFPEN) to reassess Nova Scotia’s offshore hydrocarbon potential. |
North Sea Stella enters drilling, subsea installation phaseIthaca Energy (TSX: IAE, LSE AIM: IAE) is moving forward on its Greater Stella Area project in the UK central North Sea. |
Enegi steps up evaluation of offshore Newfoundland prospectEnegi Oil (AIM:ENEG) has provided an update on its work on the St. George’s Bay prospect within the EL1116 permit offshore Newfoundland. |
BP gains deepwater blocks offshore eastern CanadaBP has been successful in its bid for four deepwater exploration blocks offshore Nova Scotia. |
Lankhorst to supply mooring spread for Brazil FPSOSOFEC has contracted Lankhorst Euronete Brazil (LEB) to provide the polyester mooring lines for the FPSO Cidade de Itaguaí MV26. |
Northern Petroleum set to realign license stake offshore French GuianaWessex Petroleum wants to reduce its share of exploration costs on the Shell-led drilling campaign offshore French Guiana by up to £1.5 million ($2.42 million). |
Resource nationalism in Latin America threatens investment opportunities
The Western Hemisphere represents approximately one-third of the world's proven conventional and unconventional oil and natural gas reserves; Venezuela alone has approximately 300 Bbbl of proven co...
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US-Mexico GoM boundary agreement looks headed for conference committee
The US House and Senate each have passed a bill to implement the US-Mexico Transboundary Hydrocarbons Agreement, but differences between the bills will have to be negotiated before the bill can pass.
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ONGC increases stake in block offshore BrazilONGC Videsh has increased its interest in Shell-operated block BC-10 in the Campos basin offshore Brazil. |
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Ruling clears obstructions to Leviathan development offshore IsraelThe Supreme Court in Israel has rejected petitions concerning the government’s decision to adopt the Zemach Committee recommendations for exports of natural gas. |
Dragon Oil wins shallow-water block offshore EgyptDragon Oil has been awarded provisionally a shallow-water block in the Gulf of Suez offshore southern Egypt. |
Mermaid wins offshore Middle East pipe rectification workMermaid Maritime subsidiaries have won subsea services contracts in the Middle East region. |
Dragon switches platform locations offshore TurkmenistanDragon Oil says the new Dzhygalybeg (Zhdanov) A platform has been installed in the Cheleken Contract Area (CCA) in the Turkmen sector of the Caspian Sea. |
Lebanon extends deadline for offshore bidsThe Lebanese Minister of Energy and Water has extended the deadline for bids for Lebanon’s first offshore licensing round to Jan. 10, 2014. |
Sterling, Parkmead gain more blocks in UK southern gas basinMore companies have announced details of their new UK offshore licenses, awarded earlier this week under the 27th Offshore Licensing Round (second tranche). |
RWE Dea takes stake in Mustard in Shetlands areaRWE Dea has agreed to farm into offshore licenses west of Shetland currently owned outright by Chrysaor CNS. |
Independents favored in latest UK offshore licensesBritain’s government has awarded a further 52 oil and gas licenses under its 27th licensing round, bringing the total number of awards offered to a record 219. |
Rocksource draws up offshore Norway drilling targetsRocksource plans to participate in three exploration wells offshore Norway next year. |
North Energy takes helm at licenses offshore NorwayThe Norwegian authorities have approved the transfer to North Energy of a 40% operating interest in North Sea licenses 509S and 509BS from Wintershall Norge. |
Industry cooperation key to Arctic developmentThere are already numerous international and national rules and guidelines aimed at mitigating the risks of Arctic petroleum operations. |
Rosneft, PetroVietnam sign offshore exploration accordRosneft and PetroVietnam have agreed to cooperate on hydrocarbon exploration and production in the Pechora Sea offshore northern Russia. |
Rosneft sale breaks deadlock on Lagansky in Caspian SeaLundin Petroleum and Gunvor Group have entered into a heads of agreement with Rosneft for the sale of 51% of PetroResurs. |
Africa leads demand for offshore ultra-deepwater drilling rigsSeadrill sees strong demand for ultra-deepwater floating drilling rigs (up to 7,500 ft, or 2,286 m) from Africa over the next few years. |
Rosneft starts Kara Sea monitoring programRosneft and the RosHydroMet Arctic and Antarctic Research Institute have started a program for studies of the Kara Sea shelf off northern Russia. |
API issues new well construction interface bulletinThe API has issued a new bulletin on well construction interface as one of several standards resulting from Macondo. |
Deepwater Operations 2013: NALCO Champion presents hydrate inhibitor case study
NALCO Champion is highlighting the capabilities of its fourth-generation anti-agglomerate, low-dose hydrate inhibitor on the exhibition floor at the Deepwater Operations conference in Galveston Tex...
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Massive towing operation gets Olympus platform to deepwater site
Crowley Maritime Corp. reports that four of its ocean-class tugboats - Ocean Wind, Ocean Wave, Ocean Sky , and Ocean Sun - recently completed the successful delivery of the offshore oil production ...
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US-Mexico GoM boundary agreement looks headed for conference committee
The US House and Senate each have passed a bill to implement the US-Mexico Transboundary Hydrocarbons Agreement, but differences between the bills will have to be negotiated before the bill can pass.
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Minimizing megaproject delaysRising costs are challenging the economic feasibility of megaprojects, forcing operators to be more selective in taking final investment decisions (FID). |
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