Regional Reports

Asia

Otto gets farm-in query on Philippines SC 55

Otto Energy Ltd. says that PNOC Exploration Co. (PNOC-EC) has expressed an interest in farming into SC 55 for a 15% working interest.

Reliance consortium set to withdraw from India block

Hardy Oil and Gas (LSE: HDY) has consented to Reliance Industries’ plan to relinquish the KG-DWN-2003/1 (D3) exploration license offshore eastern India.

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. 

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Russia

Gazprom Neft expands Arctic presence

Gazprom Neft subsidiary Gazpromneft Sakhalin has received subsoil-use rights to two license blocks in the Russian Arctic.

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.

US & Gulf of Mexico

US OCS Governors Coalition applauds BOEM leasing plan

North Carolina Governor Pat McCrory, chairman of the OCS Governors Coalition, applauded the US Interior Department for its oil and gas leasing program that could include opportunities in the Atlant...

IAGC urges BOEM to move on existing Atlantic seismic permits

The International Association of Geophysical Contractors has urged action on existing Atlantic Ocean seismic survey permits following the Bureau of Ocean Energy Management’s release of its draft fi...

US BOEM offshore leasing program prioritizes GoM, proposes new Atlantic area

US Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced the next step in the development of the nation’s Outer Continental Shel...

BP, Chevron, ConocoPhillips team up in the GoM

BP has formed a new ownership and operating model with Chevron and ConocoPhillips to focus on moving two BP discoveries closer to development and provide expanded exploration access in the emerging...

BSEE issues interim report on GoM well control incident

The US Bureau of Safety and Environmental Enforcement’s Office of Offshore Regulatory Programs has released its interim findings on the cause of a Gulf of Mexico Main Pass block 295 well control in...