BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea efforts continue to focus on progressing options to stop the flow of oil from the well through interventions via the MC252 blow out preventer (BOP) and to collect the flow of oil
Cairn Energy and partner Santos have completed a 200-sq km (77-sq mi) 3D seismic survey over the Magnam discovery in the Bay of Bengal offshore Bangladesh. They have also acquired a second 3D survey of around 100 sq km (38.6 sq mi) over part of the Sangu gas field and the South Sangu discovery. Both
OGX Petróleo e Gás Participações S.A. identified gas and condensates in the Santonian section of well 1-OGX-11D-SPS, Natal prospect, located in the BM-S-59 block, in the shallow waters of the Santos Basin. OGX holds a 100% working interest in this block. “Our find at the OGX-11D well marks the begin
Saratoga Resources, Inc. announced that the Company has entered into a 20 year seismic licensing agreement with Seismic Exchange, Inc. (“SEI”) for 42.88 blocks of three-dimensional (“3-D”) seismic data, comprising approximately 400 square miles, located in the state waters of Louisiana. Licensing of
The Havyard Group has signed a contract with Faroe Islands-based Supply Service for an 86-metre Havyard 833 Platform Supply Vessel (PSV) plus one option. The first vessel is to be delivered in March 2012 and the optional vessel in June 2012. The vessels are to be built at the Havyard Group’s shipyar
Azerbaijan and Dagestan intend to enhance mutually beneficial economic cooperation, Azerbaijani Prime Minister Artur Rasizade… [mappress] Source: entrendaz, May 24, 2010;
AWE plans to test the permit with a wildcat well, Tuatara-1, to be drilled in July using the semi-submersible Tan Kan IV. AWE is currently using the Kan Tan IV to test satellite deposits to its producing Tui field in the Taranaki basin off New Zealand’s North Island. The Tuatara-1 well will test the
The Operator, Apache Northwest Pty Ltd (“Apache”) has advised that the Ocean Shield drilling rig is now on location and has commenced drilling of the Bath-1 exploration well located in the TL/2 Production Licence, offshore Carnarvon Basin, Western Australia, for Apache on a sole risk (100%) basis. P
Dubai Multi Commodities Centre (DMCC) announced today that Topaz Energy and Marine has begun operations from Almas Tower as a DMCC… [mappress] Source: zawya. , May 24, 2010;
Philippines—Oil exploration firm Forum Energy Plc is expected to invest $100 million (about P4.5 billion) over the next three years to… [mappress] Source:businessinquirer , May 24, 2010;
Tullow Oil plc (Tullow), Operator of the Jubilee Field in Ghana, is set to commence a new round of massive oil exploration campaign with… [mappress] Source: ghanaweb,May 23, 2010;
A British consultant’s report says that the gas pressure at the Tamar well is one of the highest in the world. [mappress] Source: globes,May 23, 2010;
The moratorium on offshore oil development in B.C. won’t be lifted any time soon, especially in the wake of the environmental disaster… [mappress] Source: Times Colonist,May 23, 2010;
BP has rebuffed demands from government officials and environmentalists to use a less-toxic dispersant to break up the oil from its… [mappress] Source: LosAngelesTimes,May 23, 2010;
