Area 4 is the jewel in Italian explorer Eni’s African crown. Meg Chesshyre reports on the company’s plans to get its large gas discoveries off Mozambique to market. Map of Mozambique. From EIA. Mozambique’s…
There can be little doubt – either for us as energy professionals in the sector, or anyone who has picked up a paper over the last few months – that the UK oil and gas industry is facing a serious challenge. Mike Tholen…
Cobalt International Energy appointed Shashank V. Karve as executive vice president, Cameia development. Karve joined Cobalt in December 2014, and is accountable for execution of the Cameia development project to production, ensuring safe…
Kuwait Petroleum Corp.'s (KPC) CEO today said the company would be increasing output, a move he says will put pressure on deepwater projects as well as the likes of onshore oil sands and expensive unconventional projects. Nizar Al-Adsani said the market…
Oceaneering International agreed to acquire C & C Technologies, Inc. (C&C), a provider of survey services, for approximately US$230 million in cash. Headquartered in Lafayette, Louisiana, C&C Technologies offers ocean-bottom mapping services…
Oil and gas industry sentiment in the UK plunged dramatically in Q4 2014, according to the results of a survey published today. Oil & Gas UK’s Business Sentiment Survey says optimism in the oil and gas industry fell 16 points to -23 points on a -50/+50 scale…
Private equity group Epi-V has taken on Talisman Sinopec Energy UK CEO Geoff Holmes to lead its FourPhase portfolio company CEO as it looks to grow its global portfolio. it has also taken on Expro director Tony Kitchener, as Chairman…
Andy Samuel, Chief Executive of the UK's new offshore industry regulatory body, the Oil and Gas Authority, has made his first senior appointments to the nascent body. Samuel has appointed the first three of six directors to his leadership team: Simon Toole…
The latest drilling campaign offshore the Falkland Islands is expected to start next month, partner Falkland Oil and Gas (FOGL) said this morning. Announcing that the rig for the campaign, Ocean Rig's Eirik Raude drilling rig has started mobilization from West Africa…
James Onifade discusses how the first managed pressure drilling operation for an African operator accurately detected and circulated a small influx out of the well, without having to shut it in or threatening the safety of the rig crew. The…
Wintershall Norge received consent from the Petroleum Safety Authority Norway (PSA) to use the facilities on the Vega field in the North Sea. Wintershall took over operatorship of Vega from Norway’s Statoil in September 2014. According to the PSA…
Electromagnetic Geoservices (EMGS) entered into a US$2.5 million data licensing agreement with an oil company for the provision of 3D EM data related to the 23rd licensing round in the Barents Sea. EMGS's multi-client data library in Norway now covers 44…
The Bureau of Ocean Energy Management (BOEM) released the draft supplemental environmental impact statement (EIS) for the US Gulf of Mexico. Gulf of Mexico map. From BOEM. The…
EMAS AMC secured multiple new awards valued at more than US$65 million. Scope of work includes project management, engineering, and transportation and installation works for a floating production storage offloading (FPSO) vessel in Africa…
Shell has its sights set for Arctic exploration this year by spending US$1 billion, after being absent since 2012. Ben Van Beurden. From Shell. The supermajor announced in its 4Q 2014…