Spectrum has commenced the next phase of its 2D Multi-client campaign in South West Africa with a 9,000 km seismic survey over the South Africa Orange basin. The program ties in with the survey over the Namibia Orange Basin that was acquired in Q4 2012. The seismic data is being acquired by the vessel Northern [...]
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Tullow Oil plc (Tullow) announces today that in Ghana, West Africa, Jubilee Phase 1A production has commenced and the Okure-1 exploration well has encountered low net to gross oil bearing reservoir in a secondary objective. In Guyana, South America, Tullow has let its interest in the Georgetown Licence expire. Ghana update The Okure-1 exploration well, [...]
Spectrum has started the next phase of its 2D campaign in Brazil to acquire an additional 6,000 km over the Foz do Amazonas basin. The program immediately follows on from the phase 1 survey of 15,000 km, which was completed successfully and ahead of time. The phase 2 survey will be completed in the fourth [...]
Xcite Energy has concluded the Phase 1A of the Bentley field development programme in the UK North Sea. The Rowan Norway drilling rig is demobilised and handed back to Rowan Companies Inc. The 9/3b-7 and 7Z wells were successfully suspended for future use as production wells during Phase 1B. The Scott Spirit and shuttle tanker [...]
Nido Petroleum Limited has announced that the Galoc Joint Venture has approved the Final Investment Decision (FID) on the Phase II Development of the Galoc oil field in the North West Palawan Basin, offshore Philippines. Nido’s participation in the FID is subject to completion of certain conditions precedent under its debt facility with Standard Bank, [...]
September 11, 2012 | Posted in
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The first SP-12 platform, as the biggest phase of the gas field, is going to be installed in two months’ time. The construction of the first SP-12 platform is close to be completed in Khorramshahr Yard and the platform is planned to move towards the installation site (Assalouyeh) within the next month after being loaded [...]
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Nido Petroleum Limited announce that its wholly owned subsidiary, Nido Production (Galoc) Pty Ltd, has signed a senior secured debt facility with Standard Bank pic for up to a maximum of US$30 million for a term of three years. The facility will provide a significant portion of Nido’s share of funding for the Galoc oil [...]
July 20, 2012 | Posted in
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Statoil has awarded Aker Solutions early phase studies for all their recent major discoveries on the Norwegian Continental Shelf; the Skrugard and Havis fields in the Barents Sea and the Johan Sverdrup discovery in the North Sea. Contract values are undisclosed. The past year has been unique, with Johan Sverdrup (formerly named Aldous/Avaldsnes) as the [...]
Aker Solutions has signed a contract with Woodside Energy Limited for the manufacture and supply of electro-hydraulic steel tube umbilicals (EHU) for the Greater Western Flank (GWF) Phase 1 project on the north-west coast of Australia. Contract value is undisclosed. The scope of work includes project management, design, engineering, manufacturing and verification testing of two [...]
April 25, 2012 | Posted in
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The proposed project includes the development of a second spar facility with all subsea production and injection wells. The new facility is estimated to have a design capacity of approximately 130,000 barrels of oil per day that will be exported via the Mardi Gras Pipelines.
April 11, 2012 | Posted in
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