French vessel operator Bourbon confirmed that three Nigerian crew members were kidnapped off one of its crew boats, the Surfer 1440, offshore Nigeria. Image from Bourbon. In a statement…
Norway based geoscience firm Dolphin Geophysical has been awarded a contract for 3D data acquisition and processing of 10,000sq km. with Ophir Energy in Myanmar. The work will start in Q1 with a vessel already in the region planned to tow an industry first configuration…
Ophir Energy signed a production sharing contract (PSC) with the Myanmar Ministry of Energy to finalize the award of Block AD-03, offshore Myanmar. Upon the terms of the agreement, Ophir will be the operator with a 95% interest in the 10…
As the offshore industry grows in complexity – in terms of projects and geographies – software is playing an increasing role in engineering, both to aid engineering and collaboration, as projects increase in complexity and diversity. Meg…
Electromagnetic Geoservices ASA (EMGS) entered into a data licensing agreement with Statoil ASA worth US$10 million for the provision of 3D EM data from EMGS' multi-client data library in Norway. After adjustment for partner's share of the revenues…
PTTEP International awarded Electromagnetic Geoservices ASA (EMGS) a US$7 million contract in Thailand and Myanmar. In October, EMGS received the letter of intent for the 3D EM data acquisition. The survey will be done using the vessel BOA…
Salamander Energy and Ophir Energy have agreed the proposed terms of a deal which would see Ophir takeover Salamander. The two companies say that the move had “compelling strategic logic,” including a strong balance sheet, enhanced operating…
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…
Electromagnetic Geoservices ASA (EMGS) is making its entrance into Thailand after receiving a US$7 million letter of intent for 3D EM data acquisition in Thailand and Myanmar. The survey will be done using the vessel BOA Thalassa and…
Ophir Energy plc entered into an agreement with Niko Resources to acquire interests in seven deepwater production-sharing contracts (PSCs) in Indonesia. Image from Ophir. The PSCs have equity interests ranging from 18…
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…
Dockwise floatover installed the Shwe development topsides using COOEC's HSY229 installation launch barge. First production was in January this year. Photo from Dockwise. Myanmar has been producing hydrocarbons longer than many…
Activity offshore Myanmar is starting to increase, with a recent drilling contract announced and CGG opening a subsurface imaging centre in the southeast Asian country, formerly known as Burma. Today, UMW Oil & Gas Corporation subsidiary…
CGG announced its recent inauguration of an open subsurface imaging center in Yangon to service and support anticipated growth in Myanmar’s oil and gas exploration sector. The new center is the first of its kind to be opened in Myanmar by a major international geoscience company…
Singapore's Maritime and Port Authority (MPA) has said three people have died after a semisubmersible barge underdoing trials sank 2 nautical miles northeast of Sekupang, Batam, Indonesia, on Friday (18 July). The barge was the POSH MOGAMI…
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