Search results for: Corentyne Block

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  • 21 October 2011
    Business & Finance

    CGX Energy Inc. announced that it has closed its previously announced offering of common shares at $0.70 per share (the “Offering”). Pursuant to the Offering, CGX has issued 131,445,000 common shares (the “Common Shares”) of the Company for gross proceeds of $92,011,500 which included the full exercise of the over-allotment option. The Offering was led […]

  • 13 February 2012
    Business & Finance

    CGX Energy Inc. has commenced with drilling operations at the Eagle-1 well located on the Corentyne Petroleum Prospecting License (“PPL”) offshore Guyana. The Eagle-1 well will be drilled to a depth of 4,250 metres to test the Eocene and Maastrichtian geologic zones. The well is being drilled by the Ocean Saratoga semi-submersible drilling rig owned […]

  • 8 May 2012
    Business & Finance

    CGX Energy Inc. announces the results of the drilling of the Eagle-1 well on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License (“PPL”), offshore Guyana. The Eagle-1 well reached total depth of 4,328 metres on April 25th in the upper Cretaceous Maastrictian geologic zone on an 8 ½ ” diameter hole and with […]

  • 29 June 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Romanian oil and gas company OMV Petrom is the winning bidder for an oil and gas exploration block located in the Black Sea, offshore Georgia.

  • 1 September 2020
    Authorities & Government, Business & Finance, Business developments & projects, Exploration & Production

    OMV Petrom has entered the Total-operated Han-Asparuh exploration block located in the Black Sea offshore Bulgaria.

  • 19 February 2016

    Romania’s natural gas company Romgaz announced on Wednesday that, together with its partners, it intends to abandon the EX29 Est Rapsodia Block in the Black Sea, offshore Romania.  Romgaz’s partners are Lukoil Overseas, with 72%, and PanAtlantic Petroleum with 18% interest. The remaining 10% is held by Romgaz. The company said that the decision was based on the results obtained […]

  • 24 January 2012
    Business & Finance

    CGX Energy Inc. announced that the 1,160 square kilometre 3D marine seismic survey program offshore Guyana has been completed. The seismic acquisition was performed by the PGS Ramform Challenger, a state-of-the-art seismic ship owned by a subsidiary of Petroleum Geo-Services (PGS). PGS used their dual-sensor GeoStreamer® technology, which was instrumental in delivering high quality data. […]

  • 23 February 2016

    Anglo/Dutch oil giant Shell has been awarded rights to explore for oil and gas in a deepwater block located in the Black Sea, offshore Bulgaria.  Shell won a five-year permit to explore the 1-14 Silistar block in the Black Sea where it will invest 18.6 million euros. The deal includes a two-year extension option. The work program […]

  • 19 April 2016
    Exploration & Production, Project & Tenders

    French oil major Total is gearing up for exploration drilling operations in the Khan Asparuh licence in the Black Sea, offshore Bulgaria. The country’s Ministry of Energy said on Tuesday that the drillship Noble Globetrotter II was presented in Burgas, Bulgaria on Tuesday, April 19, 2016. Namely, Noble Corp’s 2013-built Globetrotter Class drillship, Noble Globetrotter II, will carry out the first […]

  • 17 October 2017
    Business & Finance

    A year since the launching of the construction of the new sea lock at the North Sea Canal entrance in IJmuiden, the Netherlands, activities are well underway on making the project a reality. This month has seen the official start of the construction of the new lock control building, and the relocation of the two waiting […]

  • 6 July 2010
    Business & Finance

    A consortium, including LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) and Vanco International of USA, has won a tender for exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea. The respective stakes of LUKOIL Overseas and Vanco in the consortium are 80% and 20%. The […]

  • 25 February 2011
    Business & Finance

      A consortium, including LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) and Vanco International signed concession agreements with the National Agency for Mineral Resources of Romania. The agreements provide for exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea. The respective stakes of LUKOIL Overseas […]

  • 21 June 2013
    Business & Finance

    Rosneft and Eni S.p.A., acting through their subsidiaries Rosneft JV Projects S.A. and Eni Energy Russia BV, signed Completion Deed for the Russian offshore projects (regarding Fedynsky, Central Barents blocks in the Barents Sea and Western Chernomorsky block in the Black Sea). The agreement was signed today at the Saint Petersburg International Economic Forum by […]

  • 21 November 2012

    Search and rescue efforts to find the worker who went missing following the explosion on the Black Elk-operated offshore platform, off the coast of Louisiana, have been suspended. The company issued a statement last night saying that based on the advice and counsel of search and rescue experts it would now end the search after […]

  • 28 October 2016
    Exploration & Production, Project & Tenders

    French oil company Total has made an oil discovery in the Khan Asparuh license, located in the Black Sea offshore Bulgaria. In its 3Q 2016 report on Friday, the oil company said it made the discovery in the Black Sea during the quarter thus opening a new play. Noble Corp.’s 2013-built Globetrotter Class drillship, Noble […]

  • 27 September 2019
    Business & Finance

    The Levvel consortium (BAM, Van Oord and Rebel) inaugurated the Levvel-blocs production facility in Harlingen today. The facility is producing the concrete armor units that will reinforce the Afsluitdijk Dam in the years ahead. Provincial executive councillor Avine Fokkens (Province of Fryslân), performed the opening ceremony. “The province is happy that Fryslân has a factory […]

  • 3 August 2018
    Exploration & Production

    Black Sea Oil & Gas has completed a two-well exploration drilling program in the XV Midia block, offshore Black Sea.

  • 25 December 2017

    Japan’s Inpex said it will give up the two offshore blocks in Indonesia as the current production sharing contracts for oil and natural gas expire at the end of the year. 

  • 24 January 2012
    Business & Finance, Operations & Maintenance

    CGX Energy Inc. announces that the 1,160 square kilometre 3D marine seismic contract that was announced on December 5, 2011 has been completed. The seismic acquisition was performed by the PGS Ramform Challenger, a state-of-the-art seismic ship owned by a subsidiary of Petroleum Geo-Services (PGS). PGS used their dual-sensor GeoStreamer® technology, which was instrumental in […]

  • 30 November 2011
    Business & Finance

     CGX Energy Inc. has awarded a drilling contract to a subsidiary of Diamond Offshore Drilling, Inc.  for the Ocean Saratoga semi-submersible drilling rig to drill the Eagle-1 well on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License (“PPL”), offshore Guyana. The Ocean Saratoga is currently performing a work-over in the Gulf of Mexico […]

  • 7 February 2014

    Russia’s Rosneft has reportedly offered 10 offshore blocks to India’s ONGC Videsh (OVL). According to The Economic Times, OVL , the wholly owned subsidiary and overseas arm of Oil and Natural Gas Corporation Limited (ONGC), will evaluate data provided by Rosneft before deciding on the final agreement. The offer covers nine oil blocks in the Barents […]

  • 22 October 2012
    Business & Finance, Project & Tenders

    Sterling Resources Ltd. announces that it has signed a sale and purchase agreement with ExxonMobil Exploration and Production Romania (“EMEPR”) and OMV Petrom for the sale of its 65 percent interest in a portion of the Block 15 Midia in the Romanian Black Sea (the “Sale Portion”). The Sale Portion is on the southeastern margin […]