Efficiency, cost-effectiveness and optimized analyses are crucial in upstream asset development. OE spoke with Paradigm’s Indy Chakrabarti to chart the pathway to success. Jeannie Stell reports. Indy Chakrabarti…
Italy is sitting on sizeable untapped gas resources, yet it still imports a large proportion of its gas. Elaine Maslin reports from the Offshore Mediterranean Conference, Ravenna. Bruno Lescoeur…
London-based explorer Sterling Energy started a 1250sq km 3D seismic survey on the Ambilobe Block, offshore Madagascar. The acquisition is being undertaken by CGG Services, on behalf of the Ambilobe Block joint venture partners, and completion is expected within 45-50 days…
Dallas-based explorer Kosmos Energy’s Tortue-1 exploration well offshore Mauritania, western north Africa, has made a “significant, play-opening” gas discovery. Tortue-1 was drilled in 2700m water depth, 285km southwest of Mauritanian capital Nouakchott…
Norwegian geoscience firm Spectrum entered into a cooperation agreement with US oilfield services giant Schlumberger to acquire 50% ownership in Spectrum's Pelotas multiclient program. The cooperation agreement includes more than 30,000km…
Houston-based BPZEnergy says it has started a reinterpretation of all Albacora well and seismic data after finding no oil in its latest well on the offshore Peru field. The firm is currently operating under provisions of Chapter 11 of…
CGG's GeoConsulting business has acquired Calgary-based Taurus Reservoir Solutions. Taurus offers reservoir and geomechanical simulation and engineering technology along with consulting services to the global petroleum industry, from…
The National Offshore Petroleum Titles Administrator approved MEO Australia and the WA-454-P joint venture’s application to extend the work permit program by six months off Western Australia. The December 2015 extension is to provide…
London-listed Atlantic margin explorer Chariot Oil & Gas Atlantic is seeking a new partner of its Rabat Deep permit offshore Morocco after 25% equity holder Woodside elected not to take an option to take over operatorship and fund a well on the license…
Karoon Gas Australia confirmed a 213m gross oil column at its Echidna-1 well offshore Brazil. The Olinda Star. From Karoon. The exploration well is located in the Santos basin…
Spectrum began a 3500km multi-client 2D seismic survey offshore Namibia. The BGP Pioneer. From BGP. The survey is being conducted in the Orange basin to complete the 6000km survey over the Namibia and South Africa border…
Norway-based geoscience firm TGS signed a joint venture agreement with Dolphin Geophysical to acquire 4500sq km of 3D multi-client seismic survey over the western part of the Hammerfest basin in the Barents Sea. The survey will provide…
KrisEnergy awarded Singapore-based Synergy Engineering the front-end engineering and design (FEED) for the Lengo gas development offshore East Java, Indonesia. Image of the Lengo platform. From KrisEnergy…
Houston-based BPZ Energy, that is currently under chapter 11 protection, is suspending its Corvina CX15-9D well offshore Peru after failing to produce oil. Map from BPZ. The well…
Norway-based seismic services firm TGS has signed a letter of award (LOA) with Polarcus DMCC to acquire 3000sq km of 3D seismic data offshore Norway with a potential extension of up to a total of 7000sq km. The activity is expected to…
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