Regional Reports

Africa

Ivory Coast signs deals with ExxonMobil for two oil blocks

Ivory Coast has signed production sharing agreements with Exxon Mobil for two ultra-deepwater blocks in the Gulf of Guinea.

African Petroleum enters first renewal period on Senegal license

African Petroleum Senegal Ltd. has received confirmation of its first renewal period on license Senegal Offshore Sud Profond.

Island nations off East Africa hold frontier exploration potential

In light of the recent discoveries that have been made offshore East Africa, the archipelagos of the Indian Ocean have received more attention from...

Asia

Myanmar plans 2015 bidding round

By the end of 2015, the Myanmar government plans to further open up its oil and gas sector with the release of 15 exploration blocks.

CNOOC, KUFPEC team up for exploration offshore China

China National Offshore Oil Corp. (CNOOC) has signed three production-sharing contracts with KUFPEC (China) for blocks 52/22, 52/26, and 63/13 in the South China Sea.

Ophir ratifies offshore Myanmar PSC

Ophir Energy has signed a production-sharing contract with the Myanmar Ministry of Energy, finalizing its award of a 95% operated interest in offshore block AD-03 in the Rakhine basin. 

Searcher acquires Mialara 2D broadband seismic survey

Searcher Seismic, in cooperation with the Philippines Department of Energy, and in conjunction with SeaBird Exploration, reports that acquisition of the Mialara 2D seismic survey, east of Palawan i...

Thailand plans Feb auction including offshore petroleum concessions

Thailand will host a new auction round next February for petroleum concessions on 29 onshore and offshore blocks.

Australia & New Zealand

Statoil receives more blocks offshore New Zealand

Statoil has gained interests in four new exploration permits offshore New Zealand. 

Stena Clyde spuds Pryderi-1 offshore Australia

IPB Petroleum and its joint venture have received notification that the Stena Clyde drillship has spudded the Pryderi-1 exploration well in WA-424-P offshore Australia.

BMT Oceanica wins APPEA study

BMT Oceanica, a subsidiary of BMT Group Ltd., will supply the Australian Petroleum Production & Exploration Association with a study titled “Understanding the Risks of Unplanned Discharges.”

MEO Australia receives NT/P68 farm-in notices

MEO Australia Ltd. advises that Eni Australia Ltd. has elected not to drill an additional well on the Heron structure and will therefore withdraw from the Heron area of NT/P68.

Statoil takes an offshore operatorship in Australia

Statoil continues to expand in Australia, with the award of 100% equity share in an exploration permit in the Northern Carnarvon basin on the Northwest Shelf of Australia.

Canada

Petrofac to manage Nova Scotia deepwater development study

The government of Nova Scotia has contracted Petrofac to help identify the best means of exploiting the eastern Canadian province’s ultra-deepwater oil potential.

Shell welcomes partners to offshore deepwater Nova Scotia project

ConocoPhillips and Suncor Energy will join Shell as joint venture partners on its deepwater Shelburne basin exploration program.

 

Flemish Pass partners plan further deepwater drilling

Husky Energy and Statoil have secured the semisubmersible West Hercules for an exploration and appraisal campaign this fall in the deepwater Flemish Pass basin offshore Newfoundland & Labrador.

Enegi to drill its first well offshore eastern Canada

The Canada-Newfoundland and Labrador Offshore Petroleum Board has extended Period 1 of an exploration license held by Enegi Oil by one year.

Next-phase Hibernia subsea facilities in place

Detailed engineering and construction continues on the gravity-based structure and topsides for the Hebron platform offshore Newfoundland & Labrador, according to partner Suncor Energy.

Latin America

Bahamas parliament to review exploration proposals

Bahamas Petroleum Co. (BPC) says a new Petroleum Act and associated regulations for oil exploration in the Bahamas has been placed before the country’s parliament. 

ClassNK expands Veracruz office to increase offshore support

Classification society ClassNK has expanded its Veracruz office in Mexico to better support the growing offshore oil industry in the Gulf of Mexico.

 

Tullow to explore offshore Jamaica

Tullow has signed a production-sharing agreement covering 10 full blocks and one part-block offshore Jamaica.

BG to rethink options for Jackdaw in North Sea

BG Group and its partners are delaying a sanction decision on the ultra-high-pressure/high-temperature Jackdaw project in the UK central North Sea.

 

Offshore E&P activities ramping up in Latin America

Offshore exploration, development, and production activities are on the rise in a number of Latin American nations, and include several new frontier areas as well as traditional resource plays.

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Middle East

Lime Petroleum prepares to drill offshore Sharjah

Hibiscus Petroleum has issued a progress report on the activities of its part-owned subsidiary Lime Petroleum offshore the UAE.

Gas reserves increase at Aphrodite offshore Cyprus

Delek Drilling says a review has raised estimated natural gas and condensate resources in the deepwater Aphrodite reservoir offshore Cyprus.

Eni eyes exploration offshore Turkmenistan

Eni and the Turkmen State Agency for Management and Use of Hydrocarbon Resources have signed an exploration memorandum.

Domestic issues delay closure of offshore Tunisia farm-out

PA Resources (PAR) says it remains in discussions with the Tunisian government about a proposed offshore farm-out to EnQuest.

BG to rethink options for Jackdaw in North Sea

BG Group and its partners are delaying a sanction decision on the ultra-high-pressure/high-temperature Jackdaw project in the UK central North Sea.

 

North Sea & Europe

Oil spill training center unveiled in northern Norway

Oil spill management specialist Aptomar and partner Transas have developed what they claim is the world’s most advanced oil spill combat simulator, in cooperation with the North Cape Maritime Train...

Atlantic reins in North Sea capex

Atlantic Petroleum has budgeted total capex next year of around DKK 110 million ($18.4 million).

ETI progresses North Sea CO2 storage studies

The Energy Technologies Institute (ETI) is seeking partners for the next phase of a North Sea carbon dioxide (CO2) storage study.

Rockhopper to exit offshore Malta license

Rockhopper says it plans to exit the Area 4 license offshore Malta at the end of the first exploration phase on Jan. 18, 2015. 

Rockhopper eyes expansion in eastern Adriatic

Rockhopper has applied for acreage in the Mediterranean Sea offered under the first Croatian and Montenegrin licensing rounds. 

Russia

More topsides head to V. Filanovsky in Caspian Sea

LUKOIL says transportation has started of the topsides for the riser block to the Vladimir Filanovsky field development in the Russian sector of the Caspian Sea.

Research study to cover offshore northern Russia

A research and development expedition is under way in the White Sea off northern Russia, the aim being to investigate ice and metocean conditions in the Russian arctic.

Frontier study analyzes conditions for future E&P in Russian arctic

The Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) has completed its 2014 Kara Sea winter expedition.

Lukoil performs oil spill exercise ahead of Baltic Sea drilling

Lukoil has staged an oil response exercise ahead of exploration and appraisal drilling offshore Russia in the Baltic Sea.

Russian/Azeri E&P venture launched

Rosneft and Azerbaijan’s state oil company SOCAR have signed a joint venture agreement.

US & Gulf of Mexico

Mexico announces shallow-water GoM bid plans

Mexico is making one of the first action steps in its energy reform by offering 14 shallow-water exploration and production contracts for bids.

Deepwater production to reach 1.9 MMboe/d in 2016

Production in the deepwater Gulf of Mexico is expected to reach a new peak of 1.9 MMboe/d in 2016, according to Wood Mackenzie's latest outlook.

Holstein Deep, Dorado drilling positive for Freeport-McMoRan

Freeport-McMoRan Oil & Gas has positive drilling results from its 100%-owned Holstein Deep and Dorado development wells in deepwater Gulf of Mexico. Production from these projects is expected t...

Incident on GoM West Delta platform came during maintenance

The explosion on the West Delta 105 E platform this past week came during maintenance on a heater treater, reports Fieldwood Energy. 

Studies highlight jobs, revenue potential of opening new oil and gas leasing offshore US

Offshore oil and natural gas leasing in the eastern Gulf of Mexico and the US Atlantic and Pacific coasts could create nearly 840,000 American jobs and raise more than $200 billion in revenue for t...