Flying offshore is one of the world's safest commutes. Offshore activity drives the global market for oil and gas-related helicopter services, which is estimated to be worth US$24 billion over the next five years, 2014-2018. Companies…
Ophir Energy has confirmed that it has made an offer to the board of Salamander Energy setting out the terms of a possible takeover. Ophir says there is a “compelling strategic logic for a combination of the two businesses,” with assets in both Africa and South East Asia…
Gregory Hale explains why real-time data transfer doesn’t always cut it in the offshore oil and gas environment. Real-time information is not enough anymore. When a compressor was showing signs of possible overload, a team of engineers watching the data noticed some subtle…
A CNC (computer numerical control) tube bending machine with advanced programmability is helping Siemens Subsea Products to improve the precision and production efficiency of subsea hydraulic components and systems. Steve Hadrell explains…
Eco (Atlantic) Oil & Gas has acquired two previously shot 2D seismic surveys totaling 2922 line km on its Sharon Block 2213 A&B in the Walvis Basin, offshore Namibia. Eco Atlantic is also the operator of its Cooper Block, where, in partnership with Tullow Kudu…
Eni has made a light oil discovery estimated to contain about 1billion boe in place in the Minsala Marine exploration prospect in shallow waters offshore Congo. The discovery, in the Marine XII Block, about 35km from shore and 12km from the recent Nené Marine discovery…
Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and Tanzania, says an analyst with research and consulting firm GlobalData…
Eni made an “important” gas discovery in the Merakes exploration prospect, located in the East Sepinggan Block, offshore Indonesia. The East Sepinggan block is located in the offshore East Kalimantan (Borneo), 170km south of the Bontang…
The Agence de Gestion et de Coopération entre la Guinée-Bissau et le Sénégal (AGC) awarded African-focused Impact Oil and Gas a new exploration license covering the AGC Profond block, located offshore, in the Senegal Guinea Bissau Joint Development Zone (AGC)…
UK-based Ophir Energy increased its footprint offshore Gabon by signing exploration and production sharing contracts (PSC) for two additional blocks in the area. The new blocks, A3 and A4, are located outboard of Ophir's existing acreage in the North Gabon basin…
Shell made a large exploration discovery at the Leopard-1 well, offshore Gabon, West Africa. The exploration well encountered a substantial gas column with around 200m net gas pay in a pre-salt reservoir. Leopard-1 is located in license BCD10 approximately 145km off the Gabonese coast…
Oil and gas exploration has turned many areas of Sub-Saharan Africa into economic hotspots, and operators are now looking at South Africa’s western coast. Planned infrastructure improvements may improve exploration logistics, but…
Emerging Markets Communications (EMC) introduces QuickSkid Solution to enable faster, more reliable and flexible communications for the oil and gas industry. Image of QuickSkid. From EMC. Rig owners…
Rolls-Royce has signed a cooperation agreement with the Astican Shipyard in Las Palmas, Canary Islands that it said will enhance the service capabilities of both parties to meet growing demand from rig and drillship owners. Astican…
Tamar partners and Dolphinus Holdings Ltd. signed a letter of intent for the supply of natural gas from the Tamar project located offshore Israel, to Dolphinus for use in Egypt. Map of Tamar field. From Noble…