Kosmos Energy subsidiary Kosmos Energy Deepwater Morocco has spudded the FA-1 well on the Eagle prospect in the Foum Assaka area offshore Morocco, according to partner Fastnet Oil & Gas. The planned target depth is 4000m in about 600m water depth…
Minexco Petroleum Inc., the African focused private Oil and Gas Exploration Company, provided details of the petroleum agreement between its subsidiary AGM Petroleum and the Ghana National Petroleum Corporation (GNPC), for their joint project in the South Deepwater Tano Basin…
BMT Group subsidiary BMT ARGOSS has formed a joint initiative with the Met Office, the UK’s national weather service, and Oceanweather Inc, to help support oil and gas majors with offshore engineering design and operational planning in the mid-Atlantic region…
Nigerian oil and gas exploration firm SEPLAT has announced plans to list on the London Stock Exchange (LSE) and the New York Stock Exchange (NSE) to fund its expansion, including into shallow offshore waters. An initial offer is expected to amount to at least US$500 million…
Mobilization work for a 3D seismic ocean bottom cable (OBC) data acquisition survey in offshore production license (OPL) 233 offshore Nigeria has started. Following mobilization, which is expected to complete by the end of March, the…
First cut for Marathon Oil's Alba field B3 compression platform project was marked at Heerema Fabrication Group's (HFG) HFG Polska yard, in Opole, Poland, with project partner Iv-Oil & Gas (Iv). Operated by Marathon Oil subsidiary Marathon E…
Oryx Petroleum Corp Ltd. announced that the testing of the E-1 exploration well targeting the Elephant prospect in the Haute Mer A license area in Congo (Brazzaville) confirmed the discovery of natural gas and crude oil previously announced in September 2013…
Total Chairman and CEO Christophe de Margerie (pictured) used his IHS CERAWeek keynote to encourage the oil industry audience to change the way oil and gas companies manage their assets. De Margerie discussed how the industry cannot tolerate rising capital expenditures…
Pharaonic Petroleum Company (PhPC) awareded OneSubsea an US$80 million subsea supply contract for the East Nile Delta END-3 development offshore Egypt. The contract calls for the supply of four well systems including subsea production equipment…
Pura Vida Energy says a rig share agreement has been signed for the drilling of two wells in the Mazagan permit offshore Morocco by the Atwood Achiever deepwater Drillship. The Atwood Achiever is contracted to Kosmos Energy under a long term hire arrangement…
Statoil and co-venturer ExxonMobil have carried out a successful first drill stem test on their Tanzania Block 2 offshore discovery Zafarani-2. The data acquired will help reduce technical uncertainties in a possible future Tanzania offshore and LNG development…
Oil and gas engineering firm Plexus Holdings has agreed a three-year contact with drilling and engineering company AGR Well Management Limited (AGR). Plexus will supply both its standard pressure and high-temperature/ high-pressure…
Houston-based Cobalt International Energy, Inc. confirmed the existence of light oil and condensate at its Orca (formerly Baleia) deepwater pre-salt exploratory well offshore Angola. The Orca No.1 well, located in block 20 at a water depth of 1880m…
Petroleum Geo-Services (PGS), with local partner Laguna and in cooperation with Petroci, is currently acquiring 2300sq km of multiclient 3D GeoStreamer data over blocks CI-506 and CI-507, offshore Côte d’Ivoire. The new MultiClient 3D GeoStreamer…
The European outlook for the offshore pipe industry in 2014 is positive, according to a recent report conducted by Tata Steel. The study points to high energy demand from Africa, Asia and BRIC (Brazil, Russia, India and China) nations…
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