The Congolese Minister of hydrocarbons, André Raphael Loemba, and Eni CEO, Claudio Descalzi, in the presence of President of Congo Dennis Sassou Nguesso and the Italian Prime Minister, Matteo Renzi, have signed a cooperation agreement. This agreement states Eni’s intention to pursue new initiatives
Eni has reported that the N’Goma FPSO is ready to sail away to the offshore site block 15/06 in Angola, following the naming ceremony held on Friday at Port Amboim. It will then start mooring and hook-up operations. Eni and its partners have met a key milestone towards the achievement of the first o
Gazprom and the operator of the Baltic Sea port of Rostock, Hafen-Entwicklungs-gesellschaft Rostock, have signed a memorandum of understanding on cooperation in the LNG market. The cooperation will focus on the development, marketing, and usage of LNG in road transport and shipping in the German sta
Swire Pacific Offshore Operations Ltd (SPO), a shipowner and operator, has named its second L Class vessel, Pacific Legacy in Japan on 17 July 2014. The naming ceremony was held at Maizuru Shipyard of Japan Marine United Corporation (JMU). Over 30 people attended the naming ceremony. Jeanne Sumantri
After months-long battle between federal and state lawmakers, the Carolina Beach renourishment project has been officially extended, reported WECT. The fifty-year Carolina Beach renourishment project was set to expire this year, with no method for extension. The WRRDA bill authorized a three-year ex
ExxonMobil Exploration and Production Romania Limited, an affiliate of Exxon Mobil Corporation, and OMV Petrom S.A. have announced the start of drilling at the Domino-2 well in the deepwater sector of the Neptun Block offshore Romania in the Black Sea. Data collected during the drilling program will
Karoon has received notification from the Peruvian oil and gas regulator, Perupetro S.A. that the Company’s application to place the Tumbes Basin exploration Block Z-38 into force majeure has been received and approved. Karoon’s application for force majeure was requested on the basis of Karoon bein
Further to the Heads of Agreement announced on 5 June 2014, Salamander announces that a definitive Share Sale and Purchase Agreement has now been signed with SONA Petroleum Berhard (“SONA”) to dispose of an effective 40% working interest in the B8/38 concession containing the Bualuang oil field and
Tullow Oil plc has announced that Tullow Oil Norge AS, operator of the production licence PL 507, did not encounter hydrocarbons in the Lupus exploration well (31/10-1) which will now be plugged and abandoned. The well is located 35 km south east of the Oseberg Sør Field and 110 km west of the islan
Salamander has signed a definitive Share Sale and Purchase Agreement with SONA Petroleum Berhard (SONA) to dispose of an effective 40% working interest in the B8/38 concession containing the Bualuang oil field and the surrounding G4/50 concession, both located in the Gulf of Thailand. Under the term
Det norske oljeselskap ASA has announced that the Gohta-2 appraisal well in PL492 is about to be completed. The well confirmed presence of oil and gas and two production tests were undertaken. The test of the gas zone was successful, whereas the test in the oil zone was inconclusive. The appraisal w
Panoro Energy ASA has announced the signing of a Declaration of Commerciality (DOC) and the award of an Exclusive Exploitation Authorisation (EEA) by the Gabonese Authorities covering four oilfields in the Ruche area, collectively called “Ruche”. The executed DOC and award of the EEA means that Ruch
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA, France for the conversion of two FPSOs for the Kaombo Project in Offshore Angola. Sembawang Shipyard was awarded this
Plexus Holdings PLC, the owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has received an additional purchase order from Centrica Energy Exploration and Production (‘Centrica’) to supply surface wellhead and mudline equipment services for an exploration well in the So
