Pura Vida Energy has taken over operatorship in the Ambilobe block, offshore Madagascar, east Africa, following the withdrawal of Sterling Energy from the license. The move means Pura Vida now also has 100% interest in the license and means additional strategic options will be available…
Sweden-based PA Resources reported that the company's wholly owned subsidiaries, PA Resources Tunisia, Hydrocarbures Tunisie Didon, Hydrocarbures Didon Jersey and Hydrocarbures Tunisie Corporation, have executed a sale and purchase agreement with ETAP…
In this illustrated video, Italian giant Eni give an overview of the Offshore Cape Three Points (OCTP) project that is located offshore Ghana. The existing project involves the development of multiple subsea wells tied back to a FPSO…
Dallas, Texas-based Kosmos Energy has laid claim to more than 25 Tcf of gas in the Senegal-Mauritania fairway after making its latest gas discovery. Kosmos says the “significant” Teranga-1 deepwater exploration well, in the Cayar Offshore Profond block…
Houston-based Anadarko Petroleum has successfully drilled its first horizontal deepwater well offshore the Ivory Coast. The firm encountered 100ft net of true vertical thickness (TVT) pay on the Paon-5A well using Bolette Dolphin drillship…
Mark Smith, Staci Stephenson and Brent Fergurson, of Oceaneering International, show how NASA’s neutral buoyancy lab is helping cut costs and cut risks involved in subsea initiatives. Deployment of MIL 27 ROV at the NBL…
Scrap or refurbish and reuse? It’s a question being asked on the UK Continental Shelf. Elaine Maslin reports. Pipe, ready for reuse. Staff photo. At a recent conference in Aberdeen…
Subsea boosting is coming under the spotlight, despite and also because of the current low oil price environment. Elaine Maslin reports from Subsea Expo and Subsea Valley. Omnirise ECM Subsea Boosting Pump System…
Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…
Remaining competitive through the downturn is a tall order for some. Caitlin Shaw, of Quest Offshore Resources, examines how the exploration, drilling and subsea segments are expected to fare through 2017. The…
Weatherford’s Snorre Lutnes examines managed pressure drilling applications across key regions. MPD deployment. Images from Weatherford. Once reserved as a last resort for wells defined as undrillable…
US supermajor Chevron has taken a big fall in Q1 2016, reporting a loss of US$725 million, compared to earnings of $2.6 billion in the same period last year. Image of Jack/St. Malo, from Chevron…
Schlumberger and Ophir have terminated discussions over a move which could have given the oilfield services firm a 40% stake in the Fortuna floating LNG development offshore Equatorial Guinea. Earlier this year, Schlumberger had reached a heads of terms agreement with Ophir over the project…
Tullow Oil’s production levels fell some in Q1, following issues at its Jubliee field, offshore Ghana, which the company said is due to resume operations in the next few days. Image of the FPSO Prof…
Sterling Energy UK has issued a notice of withdrawal from the Ambilobe block, offshore Madagascar to its joint venture partner Pura Vida Mauritius. Following the withdrawal, Sterling will cease to be the operator of the Ambilobe block…