Africa
Chariot Begins Seismic Shoot Offshore Namibia
Chariot Oil & Gas Limited has started a 2D seismic survey in Southern Block 2714B offshore Namibia, which was re-awarded to the Company in June 2013 (Chariot 85%, Operator, with NAMCOR and Quiver Oil holding a 10% and 5% carried interest respectively). The Company has contracted Dolphin Geophysical
Transocean Receives Two Drilling Contracts Worth $292 M
Transocean Ltd. last night issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since November 18, 2013. The total value of new contracts since the November 18, 2013 Flee
Deltares: Alliance in Kenya
Deltares has signed an agreement with four Kenyan parties to work together in the field of sustainable water and soil management. Deltares and the four Kenyan organisations will be sharing their expertise in the field of water, the subsurface and infrastructure. Kenya faces challenges with water res
TNPA Chief Executive to Give Keynote at Cool Logistics Africa
Tau Morwe, Chief Executive of Transnet National Ports Authority (TNPA), has been confirmed as a keynote speaker at the 3rd Cool Logistics Africa conference, taking place in Cape Town, South Africa on 4-6 March 2014. As one of the five divisions of Transnet Ltd, South Africa’s national transport oper
RWE Dea Becomes Operator of Offshore Block in Egypt
The Egyptian Ministery of Petroleum has signed the Concession Agreement for the East Ras Budran Offshore area with RWE Dea.
RWE Dea to Start Seismic Survey in East Ras Budran Offshore Area
The Egyptian Ministery of Petroleum has signed the Concession Agreement for the East Ras Budran Offshore area. RWE Dea is the operator, holding a share of 80%. The company plans a 3D seismic survey and one exploration well during the first three-year exploration period. RWE Dea announces that the Eg
BP to Write Off $1.08 B on Pitanga Well Miss. Hails 2013 Exploration Success
BP today said that 2013 had been its most successful year for new field exploration for almost a decade. During the year, BP has participated in 15 completed wildcat exploration wells which have resulted in seven potentially commercial discoveries, giving a new field exploration success rate of over
Moore Stephens: Shipping Confidence Hits Three-Year High
Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. There was encouraging news on f
SK Innovation Acquires Interest in Foum Assaka Block (Morocco)
Fastnet has ,through its subsidiary Pathfinder, signed a farmout agreement with South Korean company SK Innovation for a 12.5 per cent paying interest share over four exploration licenses comprising the Foum Assaka offshore Contract Area in the Agadir Basin in Morocco. Under the terms of the Farmout
Tullow: No Oil at Paon-2A Well Offshore Cote d’Ivoire
Tullow Oil plc announces that the Paon-2A appraisal well in the CI-103 licence offshore Côte d’Ivoire has determined the down-dip extent of the Paon oil accumulation. The well encountered the water below the oil accumulation discovered at the Paon-1X well and pressure logging has located the likely
OMV Farms Into Ophir Energy’s Deepwater Blocks in Gabon
Ophir Energy plc has entered into a comprehensive farm-out agreement with OMV covering its deepwater offshore blocks in Gabon. Under the terms of the agreement, OMV will acquire 30% non-operated interests in the Manga and Gnondo Blocks and 10% non-operated interests in the Mbeli and Ntsina Blocks.
Pacific Khamsin Starts Work for Chevron (Nigeria)
Pacific Drilling S.A. announced that its ultra-deepwater drillship the Pacific Khamsin received its drilling permit and commenced its drilling contract on December 17, 2013. The vessel will start work on a two-year contract for Chevron in Nigeria. Pacific Khamsin, of Samsung 12000 design, is capable