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…
Australia’s Woodside Petroleum will exit the Lake Tanganyika South block it farmed into last July, according to partner Beach Energy. Beach Energy made the announcement on 27 May that Woodside decided not to enter the next phase of exploration on the production sharing agreement (PSA)…
Total achieved a milestone of producing a cumulative 2 billion bbl from its operated deep offshore Block 17 located 150km off the coast of Angola, Africa. CLOV. From Total. With the recent start up of CLOV…
Eni has made a new gas and condensate discovery offshore Libya. The discovery is in the Bouri North A1-1/1 exploration well in 125m water depth, in Area D, 140km from the coast and 20km north of the Bouri production field. Eni says…
SacOil terminated its joint venture with Nigeria’s Nigdel United Oil Co. that includes its participation in the oil production license 233, offshore Nigeria. Image from SacOil. The…
Dynamic Industries International received authorization to begin work in Angola. The scope of work includes the fabrication of piping spools for a client’s produced water upgrade project. Roger Westerlind, executive VP and chief…
Ocean Rig received a one-year extension from Eni Angola S.p.A for the Poseidon drillship that will last until 2Q 2017, with total contract backlog now standing at about US$367 million. Ocean Rig also entered into a new contract for the…
Erin Energy Corp.’s Oyo-8 well located in OML 120 offshore Nigeria has exceeded expectations and is currently producing at a stabilized rate of 7080 b/d. Erin Energy is the operator and has a 100% interest in the well. Oyo-8 flare up…