Genel Energy announces that it has agreed to farm in for 75 per cent of Mediterranean Oil and Gas Plc’s (MOG) licence interests to explore for and produce oil and gas in the Area 4 Offshore Malta (“Area 4”). Under the Transaction, Genel Energy will acquire a 75 per cent participating interest in the
Serica Energy plc has announced that Genel Energy plc will be joining Serica’s wholly owned subsidiary Serica Sidi Moussa B.V. (“Serica”) and its partners, San Leon Offshore Morocco B.V. and Longreach Oil and Gas Ventures Limited, in the exploration of the set of permits which comprise the Sidi Mous
Rialto Energy Limited, an international exploration and production company has drilled the Gazelle-P4 Development Well, offshore Côte D’Ivoire to the the planned final depth of 3522m MDRT (2720m TVDSS). This has taken 28 days from spud to TD. According to the company’s report the well has encountere
Petrobras has finished drilling the first appraisal well in the Appraisal Plan Area following the Barra discovery in the deep waters of the Sergipe-Alagoas Basin. Known informally as Barra 1, the 3-SES-165 well is located around 100 km from the municipality of Aracaju, of the coast of the State of S
French oilfield services provider Technip has been awarder by Swiber Offshore Construction a flexible pipe supply contract for the Brunei Shell Petroleum’s Champion Field, located 40 kilometers offshore Brunei, at a water depth of 45 meters. The contract covers the supply of 12 flexible flowlines*,
Dong Energy has informed that Henrik Poulsen will officially take over as the company’s CEO on Monday, August 27. Poulsen says that he is looking forward to meeting his new colleagues and get an introduction to the business units, customers, shareholders and DONG Energy’s different locations from po
Romania’s GSP Offshore has denied reports by some media which claimed that the company was in negotiations to sell it pipelay vessel, GSP Falcon. Contrary to reports, GSP said that “there are no negotiations underway for its pipelay vessel GSP Falcon to be sold. GSP Falcon is currently operating in
Wood Mackenzie estimates that 100 trillion cubic feet (tcf) of gas has been discovered in Mozambique and Tanzania to date, ranking the Rovuma Basin as one of the most prolific conventional gas plays in the world. However, there are significant technical and commercial challenges to be overcome in or
Foster Wheeler AG announced today that the company is planning to open a new upstream office in Woking, UK, expanding its existing upstream capability in response to its success in this market sector and the growth opportunities this market offers. The new office in Dukes Court, Woking, is being est
Seismic surveys are the primary means by which geologists find possible places where oil or gas is hiding underground. They involve digitally processing recordings of seismic waves — essentially sound waves — to create images of rock layers.
Herbert Smith, an international law firm headquartered in London, United Kingdom, has recently advised China National Offshore Oil Corporation (“CNOOC”) on its acquisition of a 25% participating interest of Shell’s offshore exploration blocks BC9 and BCD10 in Gabon (“Transaction”), Africa. CNOOC wil
A total of 86 blocks have been put on offer in Norway’s 22nd offshore licensing round. These include 72 in North Energy’s back yard, the Barents Sea. With eight licences already in this part of the Norwegian continental shelf and its head office in Finnmark county, the North Energy ASA is well posit
Sonardyne Inc.’s recent ‘Life of Field’ two day workshop was well attended by over 40 industry professionals, ranging from major oil representatives through to vessel Captains. Held at the 4 Points Sheraton Hotel, Houston, day 1 focused on acoustic positioning techniques whilst day 2 looked at advan
Australia’s Woodside has announced that all conditions precedent required for the sale of an estimated 14.7% unitised interest in the Browse Development to Japan Australia LNG (MIMI Browse) Pty Ltd (MIMI) have been satisfied. The company has said that it and will finalise the sale during Q3 2012. “T
