Africa
Ghana: Tullow’s Ntomme Encounters Light Oil Pay
Ntomme-2A appraisal well, located in the Deepwater Tano Block offshore the Republic of Ghana, encountered approximately 128 net feet (39 meters) of light oil pay in excellent-quality sandstone reservoirs, reports Anadarko. Fluid samples recovered from the Ntomme-2A well indicate oil of approximately
Nigeria: Chevron Calls Off Search for Missing Workers
Chevron has suspended the search and rescue activities for two workers who were missing after Monday’s fire aboard the K.S. Endeavor, a drilling rig offshore Nigeria operated by FODE Drilling Nigeria Limited. “After three days of intensive search and rescue activities for our missing colleagues, I a
GMI Resumes Liberian Gold Dredging Operation
Venga Aerospace Systems Inc. announced that the Company’s mining affiliate, Global Mineral Investments, LLC has resumed its Liberian gold mining operations with dredging having now been restarted at GMI’s Dugbe River site. Kiwi Inc., GMI’s African based joint venture partner and on-site manager of G
Tullow, Shell Team up in Atlantic Oil Hunt
Tullow and Shell have signed a non-binding Memorandum of Understanding to partner for new frontier exploration in select basins and geological plays around the Atlantic Basin. Both companies will pursue and evaluate transformational geological plays in underexplored frontier basins together. This pa
Rig Incident Offshore Nigeria – Two Workers Missing
Chevron Corporation said that an extensive search and rescue effort continues for two contractors who remain missing after yesterday’s fire aboard the K.S. Endeavor, a drilling rig offshore Nigeria operated by FODE Drilling Nigeria Limited. “While Chevron’s highest priority remains the rescue of th
Marubeni Pays USD 54.6 Million to Settle Nigeria LNG Case
Marubeni Corporation announced that it has entered into a Deferred Prosecution Agreement with the U.S. Department of Justice (DOJ) regarding the Nigeria LNG Project. Nigeria LNG Limited, a government-linked company of Nigeria, developed a project to build LNG plants in Nigeria (which includes Train
Two Workers Missing, Rig Partially Collapsed in Fire Incident Offshore Nigeria
Chevron Corporation said that an extensive search and rescue effort continues for two contractors who remain missing after a fire aboard the K.S. Endeavor, a drilling rig offshore Nigeria operated by FODE Drilling Nigeria Limited. “While Chevron s highest priority remains the rescue of the missing c
TGS Plans to Start 3D Multi-Client Seismic Survey Offshore Angola
TGS has reached final agreement with Sonangol E.P. to commence acquisition of a 3D multi-client survey covering nearly 12,500 km2 offshore Angola. The survey will initially commence over blocks 36 and 37 in late January, then continue over block 35 with acquisition scheduled to complete during Q3 20
TGS to Start 3D Multi-Client Survey Offshore Angola
Norwegian seismic specialist, TGS, has reached final agreement with Sonangol E.P. to commence acquisition of a 3D multi-client survey covering nearly 12,500 km2 offshore Angola. The survey will initially commence over blocks 36 and 37 in late January, then continue over block 35 with acquisition sch
LNG Tanker Rates Spike
Spot rates for liquefied natural gas tankers rose to $150,000 per day this month, Reuters reported, citing Drewry Shipping analyst. “The LNG freight market is currently quite strong due to increasing LNG demand in both Europe and Asia and less availability of prompt available tonnage,” LNG shipping
Hercules Offshore Announces Liftboat in Nigeria Likely Lost in Fire
Hercules Offshore today announced that the Mako, a 175′ class liftboat in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early morning hours on January 16, 2012. The Mako was providing excess storage services adjacent to the KS Endeavor drilling rig
Hercules Offshore’s Liftboat Destroyed in Nigerian Fire Incident?
Hercules Offshore today announced that the Mako, a 175′ class liftboat in Nigeria, was engulfed by a fire that originated on a third-party rig, the KS Endeavor, during the early morning hours on January 16, 2012. The Mako was providing excess storage services adjacent to the KS Endeavor drilling rig