Adira Energy Ltd. has entered into a series of agreements to farm-out part of its interest in the Yitzhak license (the “License”) to strengthen its operating and business profile in the License and to reduce its working interest from 85% to 60%. Adira has entered into a Farm-out Agreement with the AGR Group , to [...]
The Lebanese offshore is optimistic about the prospect of its first license round, expected in Q1 2012. This summer, the Lebanese Ministry of Energy and Water held a dedicated forum to inform the industry of the process towards the round. New PGS MultiClient data is available in the area. Lebanon International Petroleum Exploration (LIPE) Forum [...]
November 11, 2011 | Posted in
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RigNet, Inc., a leading global provider of managed communications solutions for the oil and gas industry, announced that its subsidiary in Oman, RigNet Middle East LLC, has been awarded a Class III VSAT license. This license allows RigNet to serve Oman’s oil and gas industry, both onshore and offshore, offering business critical remote communications [...]
Total announces discoveries from the Bilondo Marine 2 and 3 wells (BILDM-2 and BILDM-3), drilled in a water depth of 800 metres in the central area of the Moho-Bilondo license, approximately 70 kilometres offshore the Republic of the Congo. They follow the successful exploration wells Moho Nord Marine 1 and 2 drilled in 2007. Bilondo [...]
ADX Energy Ltd announces that the Government of Tunisia has approved the renewal of the Kerkouane exploration license (“permis de recherche d’hydrocarbures”) and granted three more years for exploration and appraisal activities until 22 February 2014. The exploration license can then be renewed for another three years. ADX and its partners have committed to the [...]
January 18, 2011 | Posted in
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AsherXino Corporation announced that it is negotiating with a large oil and gas company on a partial farm out of AsherXino’s Oil Prospecting License (OPL) 2012 offshore of Nigeria. Details of the proposed farm out were not disclosed. AsherXino is an oil and gas exploration company focused on both offshore and onshore prospects in Nigeria [...]
January 7, 2011 | Posted in
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Desire Petroleum plc the oil and gas company wholly focused on the North Falkland Basin, announces that both regulatory and partner approvals have been granted for Desire to drill the 14/15-2 Rachel North well. The 14/15-1 well has been plugged and abandoned and the rig is currently waiting on weather to move to the Rachel [...]
Total announces the signature of an agreement with Pearl Oil (Sebuku) Ltd (“Pearl”), a subsidiary of Mubadala Development Company PJSC, to acquire a 15% interest in the Sebuku license, in which the Ruby gas discovery was made. Under the terms of the agreement, Pearl Oil, as operator, will retain a 70% interest, Inpex holding further [...]
Statoil has been granted consent to use the new pipeline L-103 from subsea template L to Åsgard B. The consent also entails changes to the process equipment on Åsgard B as a result of the new pipeline. There will be no changes to the process equipment on Åsgard A. Åsgard consists of the deposits Midgard, [...]
RWEA-DEA Norge AS has received consent to conduct exploration drilling with Bredford Dolphin of well 35/9-6 S in production license PL 420 The purpose of the exploration well is to verify and evaluate the hydrocarbon potential of a formation in production license PL 420 The well will be located about 12 km west of the [...]
