Ophir Energy plc (Ophir) announced that a Heads of Agreement (Agreement) has been entered into with ASX-listed FAR Limited (FAR). The Agreement enables FAR to immediately acquire a 10% interest in the AGC Profond PSC offshore Senegal and Guinea Bissau and gives Ophir the right to acquire a 25% interest in FAR’s three Senegalese licences. [...]
October 18, 2010 | Posted in
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Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q3 2010 was 66%, down from 76% in Q1 and Q2 2010. The [...]
October 8, 2010 | Posted in
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Ensco plc reported today that it is now in possession of ENSCO 69, a jackup drilling rig that was reclassified as discontinued operations in second quarter 2009. As previously reported, Ensco terminated its contract for the rig with Petrosucre (a subsidiary of the Venezuela national oil company PDVSA) for non-payment in June 2009. Petrosucre advised [...]
Afren plc (Afren) and its partner Oriental Energy Resources (Oriental), announce the Naming and Sail Away Ceremony for the Virini Prem Floating Storage Offloading vessel (FSO) at the Yulian shipyard in China. The Virini Prem FSO (formerly Prem Prachi) will be the crude oil storage and export facility for the Ebok field development located offshore [...]
Cove Energy plc the AIM quoted upstream oil and gas company focused on East Africa, announced that it has concluded a conditional farm in agreement with Dynamic Energy Exploration and Production Corporation (“DEPCO”) to acquire a 15% participating interest in five contiguous deepwater blocks L5, L7, L11A & B and L12 (the “Blocks”) covering an [...]
Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that it has plugged and abandoned the Tom Hum Xanh-1X (“31-THX-1X”) exploration well in Block 31, in the Vinh Chau Graben system, offshore southern Vietnam. The 31-THX-1X well has been drilled to a total true vertical depth subsea of 2,103 [...]
Ensco plc announced that a subsidiary of the Company has purchased Diamond Offshore’s Ocean Shield jackup drilling rig, a KFELS Super B Class design, delivered in 2008. The rig will be renamed ENSCO 109. The unique design includes two million pound hoisting capacity, a 15,000 psi high-pressure BOP and nearly 5,000 bbls of liquid mud [...]
Jubilee Phase 1 on schedule for first oil by year-end; FPSO arrived in Ghana High-impact 2H 2010 drilling programme; key wells under way in Ghana and Uganda Government approval for purchase of Heritage’s Ugandan assets expected imminently Production and Development Activities * Jubilee Phase 1 development remains on schedule to deliver first oil during November [...]
EnCore Oil plc announces that well testing operations on the EnCore operated ‘Catcher’ oil discovery located in UK Central North Sea block 28/9 have been completed. EnCore and its co-venturers now plan to side-track the well to the Catcher East area. The fluid sampling programme was successfully performed with bottom hole and surface samples all [...]
Dana Petroleum plc announced that the Company (through its subsidiary Dana Petroleum (E&P) Limited) has entered into an agreement to acquire the entire issued share capital of Petro Canada Netherlands BV from Petro Canada (International) Holdings B.V, a wholly owned subsidiary of Suncor Energy Inc. for an estimated net cash consideration of approximately €328 million1 [...]
