Search results for: Carnarvon Hibiscus

699 results

A list of search results

  • 2 July 2014
    Business & Finance, Project & Tenders

    The West Seahorse oil project, in the offshore Gippsland Basin, Victoria, Australia, has been granted access to Federal Government Major Project Facilitation (MPF) services, recognising the project’s national strategic significance. Warren Truss Deputy Prime Minister and Minister for Infrastructure and Regional Development said Carnarvon Hibiscus will now have access to MPF services to help advance […]

  • 7 July 2014
    Business & Finance

    Hibiscus Petroleum group, had on 4 July 2014, signed a series of binding agreements with its Australian partner, 3D Oil Limited (3D Oil), to increase its effective stake in both the VIC/L31 Production Licence, offshore Australia, which contains the West Seahorse discovered field, and the VIC/P57 Exploration Permit which is believed to contain several exploration […]

  • 16 October 2015
    Project & Tenders

    Hibiscus Petroleum Berhad is closing to spudding its Sea Lion-1 exploration well, offshore Victoria, Australia, following several delays. The company on Friday said that its subsidiary, Carnarvon Hibiscus Pty Ltd (CHPL) would take over the West Telesto drilling rig soon, as the rig was demobilized from its previous assignment. The spud date for the CHPL operated Sea Lion-1 […]

  • 26 March 2015
    Business & Finance, Equipment

    Benthic, a global geosciences company, has been awarded a contract by Carnarvon Hibiscus Pty Ltd (CHPL), a subsidiary of Hibiscus Petroleum, for an offshore geotechnical investigation in the Sea Lion Field off the coast of South Eastern Australia in the Bass Strait.  Operating from a client issued vessel, Benthic’s PROD1 (Portable Remotely Operated Drill) will […]

  • 6 December 2013

    Hibiscus Petroleum has announced that the National Offshore Petroleum Titles Administrator (NOPTA) of Australia has on 5 December 2013, awarded the VIC/P57 joint venture, a Production Licence VIC/L31, over the West Seahorse oil field in the offshore Gippsland Basin, Victoria, Australia. “The Production Licence award provides greater certainty to the West Seahorse project. A Final Investment Decision is currently […]

  • 18 August 2014
    Business & Finance, Project & Tenders

    3D Oil Limited has advised that Carnarvon Hibiscus Pty Ltd has exercised the VIC/L31 Option to acquire the VIC/L31 Remaining Interest, offshore Australia, from 3D Oil Limited for a consideration of USD 14.05 million. The payment of the VIC/L31 Option Consideration and the completion of the acquisition of the VIC/L3 Remaining Interest (together with the completion of VIC/L31 Sale […]

  • 10 November 2015
    Exploration & Production

    Even though early results indicated potential, Malaysian Hibiscus Petroleum, an independent oil and gas exploration and production company, has found no commercial hydrocarbons in its Sea Lion prospect, offshore Australia.  According to 3D Oil Limited, a partner in the project, wireline evaluation and sampling of formation fluids over zones of interest identified on preliminary Sea Lion […]

  • 29 September 2015
    Exploration & Production, Project & Tenders

    Hibiscus Petroleum is experiencing yet another delay in drilling the Sea Lion-1 exploration well, offshore Australia, as the bad weather is preventing a rig handover.  3D Oil Limited, a partner in the permit VIC/P57, said on Tuesday that the handover of the West Telesto jack-up rig from Origin Energy, the current operator, had been prevented due to […]

  • 26 March 2015
    Operations & Maintenance, Project & Tenders

    Benthic, a global geosciences company, has been awarded a contract by Carnarvon Hibiscus Pty Ltd (CHPL) for an offshore geotechnical investigation in the Sea Lion Field off the coast of South Eastern Australia in the Bass Strait. Operating from a client issued vessel, Benthic’s PROD1 (Portable Remotely Operated Drill) will perform rotary drilling and piston coring, and in‐situ testing […]

  • 9 November 2015
    Exploration & Production, Project & Tenders

    Hibiscus Petroleum has found indications of hydrocarbons at its Sea Lion prospect, offshore Australia.  According to 3D Oil Limited, a partner in the project, the Sea Lion-1 exploration well has intersected the target zones and has reached a total depth of 1672 metres. The company says that current operation is pulling out of the hole prior to […]

  • 7 March 2018
    Project & Tenders

    A joint venture between Hibiscus Petroleum and 3D Oil has been granted renewal of exploration permit VIC/P57 in the Gippsland Basin offshore Australia for a further five year term.

  • 14 November 2013

    3D Oil Limited has informed that the National Offshore Petroleum Titles Administrator (NOPTA) has offered the VIC/P57 Joint Venture (JV) a Production  licence over the West Seahorse (WSH) oil field in the offshore Gippsland Basin in Australia. NOPTA has also approved the Field Development Plan (FDP) for WSH.     “The Production Licence offer adds significant certainty to […]

  • 11 February 2015
    Business & Finance, Exploration & Production

    Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus Pty Ltd (CHPL), has progressed the plan to start the drilling operations of an exploration well located in VIC/P57 offshore Australia in June 2015. CHPL had, in October 2014, signed a rig share agreement with Origin Energy Resources, whereby CHPL will assume the services of Seadrill’s West Telesto drilling rig, an independent […]

  • 30 October 2014
    Business & Finance, Equipment, Exploration & Production

    Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus Pty Ltd (CHPL), has signed a rig share agreement for the drilling of an exploration well located in VIC/P57 offshore Australia. The agreement is signed with Origin Energy Resources Ltd which intends to drill two wells prior to handing over the rig to CHPL. Under the agreement, CHPL will […]

  • 16 April 2013
    Business & Finance, Operations & Maintenance, Research & Development

    3D Oil Limited advises that, together with its joint venture partner in VIC/P57, Carnarvon Hibiscus Pty Ltd (Hibiscus), it has finalised the development concept for the West Seahorse oilfield and that Front End Engineering Design (FEED) has commenced. Following a comprehensive review of a variety of alternatives, the joint venture has selected an offshore solution […]

  • 12 May 2014
    Business & Finance

    Following Hibiscus Petroleum Berhad’s (Hibiscus Petroleum) successful oil discovery in the Middle East in early February 2014, its Australian partner 3D Oil Limited (3D Oil) has agreed to transfer a 20% interest in the VIC/P57 exploration permit located in the Gippsland Basin off Victoria to HiRex Petroleum Sdn Bhd (HIREX) at a nominal cost. The Gippsland […]

  • 16 April 2013

    3D Oil Limited has, together with its joint venture partner in VIC/P57, Carnarvon Hibiscus Pty Ltd (Hibiscus),finalised the development concept for the West Seahorse oilfield offshore Australia and that Front End Engineering Design (FEED) has commenced. Following a comprehensive review of a variety of alternatives, the joint venture has selected an offshore solution for the […]

  • 13 June 2014
    Business & Finance, Equipment, Technology

    Carnarvon’s vital horticultural industry is now better protected from major flood damage with the completion of a $60 million flood mitigation project. The Gascoyne’s valuable horticultural district and wider community suffered $90 million damage when the largest flooding event in the region’s history struck in December 2010. Regional Development Minister Terry Redman said the completion […]

  • 2 October 2013

    Flood protection of Carnarvon’s valuable horticultural industry is on track with the bulk of earthworks for the first two major levees nearing completion. Water Minister Terry Redman said the $60million Stage 2 Carnarvon flood mitigation project had progressed well since work began last November and was due to be finished by mid-2014. The Carnarvon horticultural […]

  • 7 February 2018
    Project & Tenders

    Carnarvon has identified over 1.5 billion barrels of recoverable prospective resources in its Labyrinth project.

  • 7 March 2018
    Project & Tenders

    Redevelopment of Carnarvon Petroleum-operated Buffalo oil field will now be undertaken in an area of exclusive Timor-Leste jurisdiction, following the signing of a new maritime boundary treaty between Australia and Timor-Leste. 

  • 3 November 2017

    The large 1,512km² permit sits in the “highly prospective” Bonaparte Basin