Africa
Atlantica Wins West Africa Work for ‘Gamma’ Tender Barge
Atlantica Tender Drilling Ltd., formerly BassDrill, has been awarded a contract for its tender barge “Gamma”, offshore Cote d’Ivoire. The barge will work for Foxtrot international on the Marlin field development project on a five well contract. Estimated duration of the contract is approximately 400
CAMAC and Bumi Armada Ink LoI for FPSO Armada Perdana
CAMAC Energy Inc. (“CAMAC”) announced that a letter of intent (“LOI”) has been signed regarding terms and conditions of a long-term agreement for the floating, production, storage, and offloading system (“FPSO”) ARMADA PERDANA. The signed LOI provides for an initial term of five years beginning Janu
Baker Hughes: International Offshore Rig Count Falls by 7
Baker Hughes Incorporated announced today that the international rig count for December 2013 was 1,335, up 24 from the 1,311 counted in November 2013, and up 82 from the 1,253 counted in December 2012. The international offshore rig count for December 2013 was 306, down 10 from the 316 counted in
TGS Announces Four New Multi-Client Surveys. Signs LoA for Polarcus Naila
TGS announces four new multi-client surveys; a 3D survey in offshore Northwest Australia, two 2D surveys offshore Madagascar and a 3D survey onshore Alberta, Canada. The Huzzas is a 2,100 km2 3D survey that will cover the Barrow Sub-basin, offshore Northwest Australia. The data is being acquired by
TGS to Carry Out Four Multi-Client Surveys. Hires ‘Polarcus Naila’
TGS announces four new multi-client surveys; a 3D survey in offshore Northwest Australia, two 2D surveys offshore Madagascar and a 3D survey onshore Alberta, Canada. The Huzzas is a 2,100 km(2) 3D survey that will cover the Barrow Sub-basin, offshore Northwest Australia. The data is being acquired b
CAMAC Energy Secures Long-Term FPSO Agreement
CAMAC Energy Inc. today announced that a letter of intent (“LOI”) has been signed regarding terms and conditions of a long-term agreement for the floating, production, storage, and offloading system (“FPSO”) ARMADA PERDANA. The signed LOI provides for an initial term of five years beginning January
Camac, Bumi Armada Sign LOI for ‘Armada Perdana’ FPSO
CAMAC Energy Inc. has signed a letter of intent for a long-term agreement for the floating, production, storage, and offloading system (“FPSO”) ARMADA PERDANA. The signed LOI provides for an initial term of five years beginning January 1, 2014, with an automatic extension for an additional term of t
Successful Long Term Drill Stem Test at Diega I-8ST Well (Equatorial Guinea)
The long term drill stem test on the Diega accumulation in Block I, Equatorial Guinea (PA Resources 5.7%) is now complete and the Atwood Hunter rig has been released. An initial pilot well, I-8, encountered 12 m vertical thickness of good quality oil pay with no water and so established the deepest
PA Resources to Submit Diega Development Plan in 2014
The long term drill stem test on the Diega accumulation in Block I, Equatorial Guinea (PA Resources 5.7%) is now complete and the Atwood Hunter rig has been released. An initial pilot well, I-8, encountered 12 m vertical thickness of good quality oil pay with no water and so established the deepest
Douglas-Westwood Predicts Increased Investment in FLNG
The FLNG market is poised for increased investment and activity from 2014 to 2020, with Douglas-Westwood (DW) forecasting total expenditure of $64.4 billion (bn) in its new market report. Two-thirds of this spend is attributed to liquefaction infrastructure, with the remainder from import and regasi
OVL, OIL Complete Share Acquisition in Rovuma Area 1 Off Mozambique
ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have completed the acquisition of 10% PI in the Rovuma Area 1 offshore Block, Mozambique by acquiring 100% shares of Videocon Mozambique Rovuma 1, the company holding the 10% PI in the Area 1 from Videocon Mauritius Energy. On 25th June 2013, def
UK: ICS Releases New Flag State Performance Table
The International Chamber of Shipping (ICS) has launched its latest ‘Shipping Industry Flag State Performance Table’. ICS Director External Relations, Simon Bennett explained “The ICS table is intended to encourage shipowners to maintain a dialogue with their flag administrations to help bring about