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HOUSTON -- ION Geophysical Corporation, in conjunction with North Africa Geophysical Exploration Company (NAGECO), has signed an agreement with the National Oil Corporation (NOC), the national oil company of Libya, to acquire 21,000 km of 2D seismic data in Libya.
HOUSTON -- ERHC Energy Chad has announced the award of a contract for acquisition, processing and interpretation of gravity/magnetic data of BDS 2008 in Chad to Bridgeporth Ltd., a specialist geosciences company. Under terms of the agreement, Bridgeporth will fly 4,720 line km over BDS 2008 in southern Chad commencing in the third quarter of the year. ERHC Energy Chad is a subsidiary of ERHC Energy Inc.
VIENNA, Austria (Bloomberg) -- OPEC crude production climbed in May for the first time in three months, led by gains in Angola and Saudi Arabia, a Bloomberg survey showed.
Ophir Energy fails to find significant oil offshore Gabon LONDON Ophir Energy (Ophir) reported that drilling operations have now concluded on the Affanga Deep 1 well in the Gnondo Block offshore Gabon. Ophir has a 100% operated interest in the
TRIPOLI, Libya (Bloomberg) -- The disruption of Libyan crude exports worsened as rebels shut down a recently re-opened oil port after protesting over the appointment of the country’s new prime minister. Petroleum Facilities Guards members aligned with federalist rebels stopped loadings at the Hariga oil port in eastern Libya, Oil Ministry Director of Measurement Ibrahim Al Awami said by telephone from Tripoli. The guard has also banned flights operated by state-run National Oil Corp. to Zueitina, another oil port in the east, he said.
LONDON -- Tullow Oil has announced that the Shimela-1 well encountered water bearing reservoirs. Shimela-1 in the South Omo Block, onshore Ethiopia, was drilled to test a prospect in a north-western sub-basin of the vast Chew Bahir basin. The frontier wildcat well encountered lacustrine and volcanic rocks including almost 100 m of net sandstone reservoir within siltstones and claystones. Trace thermogenic gas shows were recorded at 1,900 m.
KS Energy bags $60 million contracts for KS Medstar 1, 2 onshore rigs SINGAPORE KS Energy (the Company and together with its subsidiaries, the Group) disclosed on May 22 the following extensions of contract awarded to the following subsidiaries of
Tangiers Petroleum says TAO 1 drilling off Morocco on track WEST PERTH, Australia Tangiers Petroleum reported that drilling of the exploration well TAO 1 off the Moroccan Atlantic coast is on track to commence in mid late June, with the
Eni successfully appraises Agulha discovery in Mozambique SAN DONATO MILANESE, Italy – Eni has successfully executed the appraisal campaign for the Agulha discovery, located in Area 4 offshore Mozambique. The delineation was carried out through the Agulha 2 well, which
Ceona secures Normand Pacific work in the Oyo oilfield in Nigeria with CAMAC Energy LONDON Ceona, SURF contractor with heavy subsea construction capabilities, has been awarded a contract for work in the Oyo oilfield offshore Nigeria from CAMAC Energy. The
LAGOS, Nigeria (Bloomberg) -- Caverton Offshore Support Group, a Nigerian company that provides marine and aviation services to the oil and gas industry, plans to expand in four new countries after listing on the Nigerian Stock Exchange. “We’re looking at taking our aviation and offshore logistics support services to Congo, Mozambique, Angola and Ghana” over the next five years, CEO Olabode Makanjuola said in an interview in Lagos, Nigeria’s commercial capital.
Odfjell Drilling secures further work for Deepsea Stavanger in Angola HAMILTON, Bermuda Odfjell Drilling and BP Angola have entered into a contract amendment securing further work for Odfjell Drilling’s sixth generation ultra deepwater and harsh environment semi submersible “Deepsea Stavanger”
TOMBALL, Texas -- Baker Hughes recently opened its Western Hemisphere Education Center, just north of Houston, replacing seven other legacy training centers across the hemisphere. The cross-training facility, designed to train company employees from all product lines, primarily serves Baker Hughes’ North America and Latin America regions, as well as the Europe/Africa/Russia-Caspian and Middle East/Asia-Pacific regions.
PERTH, Australia -- The Kenyan government has granted a 12-month extension to the current initial exploration period of the L10B offshore license, Pancontinental Oil & Gas NL has announced.
TRIPOLI, Libya (Bloomberg) -- A Libyan military police chief said he disbanded parliament after a militia group he backs stormed it May 18, spreading violence in the energy-rich nation to its capital and sending world oil prices higher.
Brent Oil holds after biggest weekly gain in a month, WTI steady HEESU LEE LONDON (Bloomberg) Brent crude held after its biggest weekly gain in a month on escalating violence in Libya, the holder of Africa’s largest oil reserves. West
HAMBURG, Germany -- A project consortium that includes RWE Dea has signed a major contract for the construction of a natural gas processing plant and infrastructure in the Algerian Sahara for the Reggane Nord project. The contract is valued at $976 million. Representatives of the Groupement Reggane of which RWE Dea is a partner signed the contract to construct the natural gas processing facilities and corresponding infrastructure including the gathering network and export pipeline on Thursday, May 15.
Longreach’s Kamar 1 well finds substantial natural gas resource potential at Sidi Moktar in Morocco SAINT HELIER, Jersey Longreach Oil and Gas (Longreach) has encountered two prospective natural gas zones with its Kamar 1 well on the Kechoula structure, located
Tullow encounters oil in Kenya well LONDON Africa Oil, Tullow Oil’s partner in Blocks 10BB and 13T in Northern Kenya (Tullow 50% operated interest), issued the following operational updates in their quarterly results statement. Twiga 2 sidetrack encounters 62 m
SHARJAH, United Arab Emirates (Bloomberg) -- Dana Gas PJSC, the energy company seeking payments for past production in Egypt and Iraq, said first-quarter profit slipped 32% from a year earlier when an asset sale boosted earnings. Net income fell to 164 million dirhams ($45 million), from 241 million dirhams a year earlier, Dana Gas said in a statement to the Abu Dhabi stock exchange.
SHARJAH, United Arab Emirates (Bloomberg) -- Dana Gas PJSC, the energy company seeking payments for past production in Egypt and Iraq, said first-quarter profit slipped 32% from a year earlier when an asset sale boosted earnings. Net income fell to 164 million dirhams ($45 million), from 241 million dirhams a year earlier, Dana Gas said in a statement to the Abu Dhabi stock exchange.
Sterling Energy completes farmin to Odewayne block onshore Republic of Somaliland LONDON Sterling Energy reported that completion has now occurred under the Farmout Agreement (Farmout Agreement) with Jacka Resources Somaliland (Jacka) for the acquisition of an additional 15% interest in
TRIPOLI, Libya (Bloomberg) -- Libya’s daily oil output may double to 500,000 bbl tomorrow, May 13, after protesters agreed to reopen pipelines carrying crude from fields in the country’s western region, the state-oil company said.
STAVANGER, Norway -- Statoil is divesting its 5% participating interest in the ENI-operated block 15/06 offshore Angola to the concessionaire Sonangol E.P.
Swala Energy offered Block 44 in the Republic of Zambia PERTH, Australia Swala Energy reported that its 81.08% owned subsidiary, Swala Energy (Zambia) has been offered hydrocarbon exploration rights over Block 44, in the Republic of Zambia. The process now
CAMAC wins shallow water Tano block off Ghana HOUSTON, Texas CAMAC Energy has signed a Petroleum Agreement with the Government of Ghana covering the Expanded Shallow Water Tano (ESWT) block located in the Tano Basin offshore Ghana, about 15 35
EOC wins contract worth more than $40 million for work offshore Africa SINGAPORE EOC has secured an award worth in excess of $40 mn including options for the Lewek Chancellor. Under this award with an oil major, the accommodation and
Transocean' s Cajun Express semisub moves to drill SNE 1 well off Senegal MELBOURNE, Australia The Transocean Cajun Express Semi Submersible rig has been moved from the FAN 1 well location to the SNE 1 well location whilst ongoing maintenance is
Apache' s recent gas and condensate discoveries highlight prolific opportunities in Egypt' s western desert HOUSTON, Texas Apache reported two recent hydrocarbon discoveries illustrate the continuing reserve upside to be found across the company' s 6.8 mn gross acres in Egypt' s Western Desert.
HOUSTON -- InterMoor, an Acteon company, is finalizing a JV agreement with Century Energy Services Ltd (Century) in Nigeria. This will be a locally registered company and fully compliant with the Nigerian Oil and Gas Industry Content Development Bill, 2010. For InterMoor, securing a JV with an experienced and established partner like Century will ensure an effective local engagement with the Nigerian oil and gas market.
LAGOS, Nigeria (Bloomberg) -- Transnational Corp. of Nigeria Plc, which has interests ranging from agriculture to oil, said it will drill wells on its prospecting lease after signing a production-sharing deal with the state oil company.
RWE Dea Egypt reaches initial production targets at natural gas project Disouq HAMBURG, Germany RWE Dea successfully connected development well North West Khilala 1 4 (NWK 1 4) to production. With this well the company reached its initial production target
