Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announces that its wholly owned subsidiary, Enigma Oil & Gas Exploration (PTY) Limited, has been granted a new licence for Chariot’s existing Block 2714B in the Southern area offshore Namibia by the Ministry of Mines and Energy. This new licence [...]
Rialto today announces its intention to raise up to A$16.0 million (approximately £9.7 million) by way of a placing of new ordinary shares of the Company (the “Placing Shares”) to institutional and other investors (the “Placing”). The Placing will be conducted by way of an accelerated bookbuild process whereby GMP Securities Europe LLP (“GMP”) and [...]
Ocean Rig UDW Inc. , a global provider of offshore deepwater drilling services, announced today that it has received a Letter of Award for its ultra deepwater drillship “Ocean Rig Skyros”, from a major oil company. The Letter of Award is for 5 wells or a minimum of 275 days contract for drilling offshore West Africa, with an estimated [...]
Chevron Corporation’s subsidiary Cabinda Gulf Oil Company Limited confirmed that initial production of liquefied natural gas (LNG) has commenced at the Angola LNG project. Angola LNG is one of the largest energy projects on the African continent. “First gas at Angola LNG is an important milestone in support of our strategic plan to grow our [...]
June 17, 2013 | Posted in
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Petrobras and Banco BTG Pactual S.A. (“BTG Pactual”), in compliance with the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, or CVM) Rule 358/2002, have announced Petrobras International Braspetro B.V. (“PIBBV”), controlled by Petrobras, and an investment vehicle managed and advised by BTG Pactual (“BTG Pactual Vehicle”), entered into a binding agreement to establish [...]
June 16, 2013 | Posted in
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Russian private oil and gas company LUKOIL has acquired a 65% share interest in the exploration, development and production project on block CI-504 offshore the Republic of Cote d’Ivoire in the Gulf of Guinea. The share in the project was acquired from a private Nigerian company, Taleveras Energy, which will still retain 25% after [...]
Chariot Oil & Gas Limited, the Atlantic Margins focused oil and gas exploration company, confirms that the Ministry of Mines and Energy, Namibia has approved a one year extension to the First Renewal Period for Block 2714A, held in partnership with Petrobras Oil & Gas B.V.(30%) (Operator), BP (45%) and Chariot’s wholly owned subsidiary Enigma [...]
June 7, 2013 | Posted in
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A new fiber-optic monitoring system developed through a Space Act Agreement between NASA and Astro Technology Inc. of Houston is helping to increase safety for workers and reduce the risk of leaks and spills on two oil platforms off the coast of West Africa. The technology also has potential future space exploration applications. Known as [...]
Aconex, provider of online project collaboration solutions for the oil and gas industry, today announced its engagement by Afren plc, a leading independent oil and gas exploration and production company. Afren uses the Aconex Online Collaboration Platform to manage the operation and maintenance of its Ebok and Okoro Setu oil field platforms off the coast [...]
China’s geophysical services company BGP has signed a three year Cooperative Agreement with Norway’s TGS to acquire, process and market multi-client 2D and 3D seismic data in East Africa. The agreement includes an initial 2D multi-client 13,135 km seismic survey in west Morondava, offshore Madagascar. The newly acquired data will extend and infill the existing regional [...]