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Regional Reports

Africa

Mozambique gas play could extend to Comoros

ION Geoventures has completed acquiring an additional 2,330 km (1,448 mi) of 2D seismic for Bahari Resources and Discover Exploration offshore the ...

Petronas, Gabon ink deal for offshore block

PETRONAS subsidiary, PETRONAS Carigali International E&P B.V. has signed a production sharing contract with the Republic of Gabon for block F14.

Subsea market looks rosy through 2018

The future of subsea oil and gas operations is sound says Infield.

Asia

KrisEnergy finalizes development concept for Wassana

KrisEnergy Ltd. has finalized a development concept for the Wassana projec.

AWE farms in to tract in Bohai basin offshore China

AWE Ltd (ASX:QWE) has signed a farm-in agreement to acquire a 40% working interest from ROC Oil Co Ltd (ASX:ROC) in block 09/05 offshore China in Bohai basin.

KrisEnergy updates partnership of Vietnam blocks

KrisEnergy has updated the status of its Vietnam contract areas, blocks 105 and 120. Pursuant to the default and subsequent withdrawal of Neon Energy (Song Hong) Pty Ltd, a deed was executed on Aug...

INPEX receives environmental permit for Abadi LNG project

INPEX Masela Ltd. received an environmental permit from the government of Indonesia.

Chevron sale paves way for first offshore Cambodia oil project

KrisEnergy (Asia) has agreed to acquire the entire issued share capital of Chevron Overseas Petroleum (Cambodia) for $65 million.

 

Australia & New Zealand

MEO, Eni extend notice dates for NT/P68 license

MEO Australia Ltd. has agreed with Eni Australia Ltd. to extend the notice dates under the NT/P68 farm-in agreement.

Apache hits gas at Phoenix South-1

Carnarvon Petroleum Ltd. reports that gas and indications of associated liquid hydrocarbons were observed in the Phoenix South-1 well, offshore Western Australia.

Apache explores Phoenix-1 in Western Australia

Carnarvon Petroleum Ltd has reported that the consortium continues to explore the Phoenix South-1 well in permit WA-435-P on the northwest shelf offshore Western Australia.

ConocoPhillips, Karoon Gas make gas discovery at Pharos-1 in the Browse basin

Karoon Gas Australia Ltd, a partner in the WA-398-P block, has stated that movable hydrocarbons were detected in the Pharos-1 well in the Browse basin offshore Western Australia.

WorleyParsons signs MOU with Wilson Offshore & Marine to jointly pursue projects

WorleyParsons Services Pty Ltd. has signed a memorandum of understanding (MOU) with Wilson Offshore & Marine to jointly pursue the execution and delivery of ship-shaped floating LNG, FPSO, and ...

Canada

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.

Husky gets go-ahead on White Rose development plan

Husky 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.

Latin America

AziLat to join Chariot in exploration offshore Brazil

AziLat has signed a farm-in agreement with Chariot Oil & Gas for 25% of four blocks in the Barreirinhas basin offshore northeast Brazil.

Mexico’s president signs laws to start implementing oil and gas reforms

Legislation to define how Mexico will treat foreign direct oil and gas investment in upstream operations continues to move through the country’s legal system.

Mexico’s oil and gas regulatory reform makes legislative progress

Mexico’s legislative movement to open the country to direct foreign participation in oil and gas licenses is progressing.

BHP, BG winners in Trinidad, Tobago deepwater bid round

The Ministry of Energy and Energy Affairs (MEEA) announced the names of the companies that successfully bid in the 2013 Deepwater Competitive Bid Round for blocks offshore Trinidad and Tobago.

Rosneft outlines offshore Venezuela collaboration

Rosneft has agreed to cooperate with PDVSA on two development programs offshore Venezuela.

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Middle East

Israel recognizes offshore gas discoveries

Delek Group says the Karish and Tanin reservoirs offshore Israel have been declared natural gas discoveries under the country’s Oil Law – 1952.

Infield sees subsea market growth over next five years

The “Global Perspectives Subsea Market Report to 2018” by Infield predicts that capex in the segment will grow by 6.72% over the time span.

Zubara authorized to drill offshore Sharjah

Sharjah’s government has extended Lime Petroleum subsidiary Zubara Petroleum’s concession agreement for the Sharjah Offshore block in the UAE.

Success of Lebanon’s first bidding round yet to be determined

With attractive exploratory potential, the Levant basin, offshore Lebanon, presents an opportunity in the promising eastern Mediterranean region, says an analyst with research and consulting firm G...

Eni, KMG form joint venture in Kazakhstan

KazMunayGas (KMG) and Eni have signed an agreement for an exploration and production concession in the northern Caspian Sea.

North Sea & Europe

Partners agree on North Sea Kraken drilling locations

Operator EnQuest expects first oil from the Kraken development in the UK northern North Sea in 2016/2017, according to partner Cairn Energy.

Shell takes charge of oil-prospective UK blocks

Sterling Resources has transferred operatorship of two UK central North Sea licenses to Shell UK following a farm-in deal.

Drilling for talent: challenges facing UK North Sea oil and gas

There can be no doubt that the UK North Sea will remain an important region for oil and gas E&P for years to come. The region still boasts estimated oil and gas reserves of 9.4 Bboe with a 50%-...

Improved efficiency, partner collaboration needed to safeguard Norway's future

At a time of growing cost challenges in Norway's offshore sector, one influential player is Petoro, the company that manages a large portfolio of field interests on the state's behalf that represen...

UKCS regulatory and fiscal regimes prepare for changes, Scottish referendum

The UK continental shelf (UKCS) is receiving a significant level of focus from a legal standpoint, and the regulatory regime for offshore oil and gas in the UK is expected to change significantly f...

Russia

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.

Russian giants strengthen E&P ties

Gazprom and Lukoil have signed a general agreement for a strategic partnership that runs until 2024.

US & Gulf of Mexico

Shell strengthens Western Gulf of Mexico position through Lease Sale 238 win

Shell says it continues to build on its position in the Perdido fold belt by adding a block in the Western Gulf of Mexico region through the US Bureau of Ocean Energy Management’s Lease Sale 238.&n...

Western Gulf of Mexico lease sale high bids total more than $109 million

Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the US outer continental shelf. A total of 14 offshore oil and gas companie...

Hurricane studies could lead to safer operations in Gulf of Mexico

The US Department of Energy, together with 19 energy companies, has funded the National Center for Atmospheric Research (NCAR) to undertake a research project titled 'Effect of Global Warming on Hu...

Shell adds third major discovery to Norphlet play

Shell has announced its third major discovery in the Norphlet play in the deep waters of the Gulf of Mexico with the successful Rydberg exploration well.

API urges BOEM to include more areas for 2017-2022 leasing program

The American Petroleum Institute (API) has released comments to urge the Bureau of Ocean Energy Management (BOEM) to consider all outer continental shelf areas for inclusion in the government’s off...