Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announces that the Ministry of Mines and Energy in Namibia has granted a one year extension for the First Renewal Phase on the Central Area Blocks, (Licence 19, covering Blocks 2312 A & B and Northern halves of 2412 A [...]
Norway’s AGR Petroleum Services has signed an NOK 160 million ($27.6 mln) contract with Genel Energy to deliver well management services for Genel Energy’s North, West Africa offshore drilling campaign. Under the terms of the contract, AGR will provide full well management and related services, including drilling engineering and planning services, supply chain management and operations support for Genel Energy’s [...]
Chevron, a California-based oil and gas giant, is in talks with several companies to divest its downstream assets in Egypt and Pakistan, Reuters reports citing banking sources. The company is hoping to collect up to $300 million from the divestments. Three bids have been launched from interested parties, the news agency further reports, but the [...]
HRT Participações em Petróleo S.A., announces that its first exploration well (Wingat-1 2212/07/1) in a multi well offshore program in Namibia has found oil although not in commercial volumes. This well is located in Petroleum Exploration License 23 (“PEL-23″), in the Walvis Basin, offshore Republic of Namibia. The well, spudded on March 25, was drilled [...]
As part of concerted efforts to further transform the Nigerian Petroleum Sector, the Federal Government and the Republic of South Africa have signed a Memorandum of Understanding, MOU, in the oil and gas sector to reinforce and strengthen the existing win-win symbiotic relationship between the two largest economies in Africa. Speaking on the sidelines of [...]
May 20, 2013 | Posted in
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Noble Energy-operated Carla South I-7 ST-1 sidetrack to the I-7 exploration well in Block I, offshore Equatorial Guinea, has encountered oil in good quality sandstones, PA Resources has announced. The sidetrack in Block I in Equatorial Guinea, drilled by the Atwood Hunter semi-submersible drilling rig, has reached a total measured depth of 3,460m. Drill cuttings, wireline log [...]
See the most read news of the week May 13 – 18, 2013
May 19, 2013 | Posted in
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TWMA, a leader in integrated drilling waste management and environmental solutions, has secured its first offshore processing project in West Africa. The 400-day contract is to supply TWMA’s industry-leading offshore processing services to support Glencore Exploration Cameroon Ltd’s (Glencore) West Africa drilling campaign. The scope of work includes the installation of a TWMA TCC RotoMill [...]
Transocean, a Switzerland-based offshore drilling contractor, has revealed it has secured a two-year drilling contract for one of its drillships. The drillship, known as the Deepwater Millennium, has been hired by an undisclosed client to operate in Australian waters, at a dayrate of $605,000. According to Transocean, an estimated contract backlog is $442 million. The contract is expected [...]
Transocean’s ultra-deepwater semi-submersible rig, Sedco Express (EXS), was working offshore Nigeria for customer ENI when it received news of a nearby fuel tanker on fire. According to the press statement issued by the owner of the rig, the Sedco Express crew played a vital role in coordinating a rescue effort for 13 lives. On Tuesday [...]
