Exploration and production company Neptune Energy has acquired an offshore license in the Gulf of Suez, Egypt, committing to carry out seismic surveys and to drill an exploration well during the first phase of the license.Neptune said that the…
Australian oil company Carnarvon Petroleum has received preliminary results of the 2019 Keraudren 3D seismic survey carried out over the acreage containing the giant Dorado oil discovery in the Bedout Basin offshore W. Australia.Carnarvon is a partner in the field…
Aker Energy, a Norwegian oil company working to develop its Pecan field, offshore Ghana, has hired the Dutch offshore survey specialist Fugro to examine the seabed at the location ahead of the further Pecan infrastructure planning.The Pecan…
Africa-focused oil company Tower Resources has completed a geotechnical survey at its Thali license offshore Cameroon, ahead of the planned drilling operations later this year.'The Geoquip Marine survey vessel MV Investigator completed its survey…
Dutch offshore survey company Fugro has started a site survey over oil company i3 Energy's UK North Sea licenses, ahead of the planned drilling campaign later this year.North Sea-focused oil company i3 said Friday that Fugro had started the…
Anglo-Australian oil and mining giant BHP has obtained 'effective offshore exploration licenses' to search for oil in the waters off Barbados.The Barbados Government Information Service informed this week that the Caribbean country's government…
Canadian oil company Africa Oil has received the South African government's approval to buy into the offshore block 3B/4B.Africa Oil will acquire a 20% stake in the Block 3B/4B Exploration Right from Azinam. It will also assume operatorship for the joint venture partners…
Europa Oil & Gas has relinquished its interest in LO 16/19 offshore block in Ireland's South Porcupine Basin, citing limited prospectivity.Europa farmed out a 70% stake in the LO 16/19 to Cairn back in 2017, retaining 30%. Cairn then funded the seismic acquisition campaign in 2018…
French seismic player CGG has completed the final 3D PSDM seismic dataset from its recent 15,400-sq km (5,946-sq mi) multi-client survey of the outer Zambezi Delta in the Mozambique basin.The ultramodern data was acquired over blocks Z5-C and…
US-based seabed survey and ocean exploration company Ocean Infinity said it has launched a new marine technology and data company boasting the industry's largest fleet of unmanned surface vehicles (USV).Armada, with a focus on combining technology and environmental sustainability…
London-listed Tower Resources has started the site survey at its Thali license offshore Cameroon, ahead of the planned drilling operation at the NJOM-3 well.Tower Resources said Tuesday that the Geoquip Marine geotechnical drillship vessel MV…
The Norwegian marine seismic acquisition specialist PGS will start a multi-client survey program in Papua New Guinea (“PNG”) in early February.The program, named the Painimaut 3D MultiClient survey, is expected to last for approximately 60 days and has strong industry funding…
US-based financial services company HC2 Holdings and the Dutch multinational provider of geo-intelligence Fugro have sold offshore engineering specialist Global Marine Group (GMG) to private equity firm J.F. Lehman & Company for a sum of USD 250 million…
Portugal’s Navalrocha shipyard said it has completed a multimillion-euro repair and refit project for Dubai-based marine geophysical company Polarcus.The drydock project which completed in January 2020 involved a broad package of work to the…
The long awaited first ever offshore licensing by Senegal has finally been launched as the West Africa country inches closer to achieving its national medium- and long-term hydrocarbon sector investment plan and drive to transform the upstream resource into a source of clean electricity generation…