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Regional Reports

Africa

Online exclusive: Libya looks to revive offshore E&P

Foreign oil companies are keeping an open mind on Libya despite the country’s domestic turmoil. 

Hess updates offshore operations

Hess Corp. recently reported operational highlights for 2Q 2014.

Eco Atlantic set to acquire interest in block offshore Ghana

Eco (Atlantic) Oil & Gas Ltd reports that the Parliament of the Republic of Ghana has ratified a petroleum agreement pursuant to which the comp...

Asia

PetroChina to replace ROC as Zhao Dong operator offshore China

ROC Oil has started detailed well planning for an exploration drilling program in block 09/05 in Bohai Bay offshore China.

Hess updates offshore operations

Hess Corp. recently reported operational highlights for 2Q 2014.

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 ...

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.

ONGC reports on redevelopment plans, new discovery

ONGC plans to redevelop its offshore field Mumbai High (North), which will lead to an incremental gain of 7 MM metric tons (7.7 MM tons) of crude oil and 5.253 bcm (1.86 MMcf) of gas by 2030.

Australia & New Zealand

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 ...

Woodside keen to explore offshore Lake Tanganyika

Woodside has finalized an agreement to farm-in to the Lake Tanganyika basin in western Tanzania.

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

Rosneft outlines offshore Venezuela collaboration

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

ANP approves Petrobas’ plan to upgrade Marlim field

The National Agency of Petroleum, Natural Gas and Biofuels (ANP) has approved a plan for Petrobras to renew its development plan for the Marlim field offshore Brazil.

Colombia’s oil auction brings in $1.4B in investment

Royal Dutch Shell Plc, Exxon Mobil Corp, Anadarko Petroleum Corp, and Repsol SA were among the 19 companies bidding on 26 of 95 blocks offered by Colombia.

Statoil awarded license offshore Colombia

Statoil has been awarded interest in the COL4 license offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round.

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Middle East

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.

Dynamic receives Saudi Arabian license

Dynamic Industries International LLC received a license to operate from the Saudi Arabian General Investment Authority (SAGIA).

North Sea & Europe

Antrim finds numerous leads in Skellig offshore Ireland

Antrim Energy has detailed prospective hydrocarbon resources in frontier exploration license 1/13 in the Porcupine basin offshore southwest Ireland.

Hess updates offshore operations

Hess Corp. recently reported operational highlights for 2Q 2014.

NPD grants Statoil drilling permit

The Norwegian Petroleum Directorate has granted Statoil ASA a drilling permit for wellbore 7324/9-1, situated in production license 614.

Survey to analyze UK offshore labor market

Oil & Gas UK, OPITO, and the UK’s Department for Business, Innovation & Skills (BIS) have commissioned EY to “map” the UK upstream oil and gas labor market.

TGS announces multi-client seafloor sampling and seep studies

TGS reports two multi-client geochemical seafloor sampling and seep studies, one offshore Canada and the other in the Barents Sea. Sampling locations for both programs were identified, using recent...

Russia

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.

Sakhalin-1 partners outline LNG project goals

Rosneft and ExxonMobil have decided to extend their strategic agreement on implementation of the (Russian) Far East LNG project.

US & Gulf of Mexico

Ecopetrol starts GoM oil production with Murphy Oil

Ecopetrol has begun producing crude oil from two Dalmatian field wells in the Gulf of Mexico operated by its partner Murphy Exploration & Production Co., according to Reuters.

BOEM extends time for comments on next five-year lease plan

The Bureau of Ocean Energy Management (BOEM) has extended until Aug. 15 the public comment period for the Request for Information and Comments on the Preparation of the 2017-2022 Outer Continental ...

Hess updates offshore operations

Hess Corp. recently reported operational highlights for 2Q 2014.

BOEM calls for 2017 Beaufort Sea lease sale area nominations

The Bureau of Ocean Energy Management has issued a call for information and nominations for a potential lease sale offshore Alaska.

BOEM spells out GoM leases on offer in next sale

The Bureau of Ocean Energy Management plans to offer 21 million acres offshore Texas in a lease sale that will include all the available unleased areas in the Western Gulf of Mexico Planning Area.