Tullow and Pancontinental Oil & Gas subsidiaries entered into an agreement to amend the farm-out agreement for exploration license 0037 (EL 0037) which covers 17,295sq km (4.2 million acres) in water depths extending to 1800m in the Walvis basin offshore northern Namibia…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
EMAS Offshore secured a US$30 million contract for support services off West Africa. Under the job scope, four of EMAS Offshore’s marine vessels, including an accommodation barge, PSV and AHTSs, will be chartered to EMAS AMC, to provide accommodation…
Tullow Oil is looking to drill on its Block C-10 acreage offshore Mauritania in 2016, according to Sterling Energy. Sterling, which has just agreed to acquire a 13.5% stake in Block C-10 says Tullow has identified a drill-ready Neocomian…
Canadian Overseas Petroleum Ltd. (COPL) confirmed that it and its partner, ExxonMobil (XOM), remain committed to completing their Liberian Block (LB) 13 work program in Liberia under the production sharing contract (PSC). According to COPL (20% interest)…
Wireless video ensures a team approach to safety and saves money. Marieke Wijtkamp and Gregory Hale discuss the details. When a manhole cover fell multiple floors, narrowly missing two rig workers, an immediate health, safety, and environment (HSE) investigation ensued…
Sterling Energy completed a 3D seismic survey of approximately 1100sq km over a high-graded portion of the Ambilobe Block offshore Madagascar. The acquisition was undertaken by CGG Services, on behalf of the Ambilobe joint venture partners…
The Atwood Achiever drillship spud the MZ-1 well and commenced drilling operations within the Mazagan permit, offshore Morocco, announced Pura Vida Energy. Based on the well plan, drilling is expected to continue for approximately two to three months…
Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures…
The Egyptian General Petroleum Corp. (EGPC) and Italian giant Eni entered into a US$2 billion deal for exploration and development activities offshore Egypt. Image from Egypt Ministry of Petroleum…
Pancontinental Oil & Gas and its L10A joint venture partner, PTTEP of Thailand, issued to operator BG Kenya their notices of withdrawal from Block L10A in the Lamu basin offshore Kenya. Subject to ministerial consent, Pancontinental’s 18…
Statoil and ExxonMobil are seeking ways to develop the multi-trillion cubic feet of gas resources they have found in Block 2 offshore Tanzania. Elaine Maslin takes a look. If you speak Swahili…
88 Energy received notification that the Moroccan Minister for Energy and Minister for Finance have signed the assignment document, finalizing the divestment of the interests of DVM International SARL ('DVM', 88 Energy's subsidiary in Morocco) in the Tarfaya Offshore Block…
OneSubsea has been awarded a US$330 million subsea production systems contract for a gas project offshore North Africa. The scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services…
UTEC NCS Survey, an Acteon company, has recently completed three months of AUV operations for a number of Saipem projects located in West Africa. UTEC NCS performed pre-lay and as-laid surveys using their Gavia autonomous underwater…