Exploration
News
October 03, 2019
Supported by the African Energy Chamber, the Year of Investment 2020 is an initiative of the Ministry of Mines and Hydrocarbons to pursue Equatorial Guinea's agenda of energy cooperation and investment, and see the signing of several energy deals in 2020.
News
October 03, 2019
The nine blocks on offer in the Namibe basin include—11, 12, 13, 27, 28, 29, 41, 42 and 43. The single block on offer in the Benguela Basin is block 10. All are considered frontier and currently have no hydrocarbon production.
News
October 02, 2019
Radwa El Zidan, geophysicist from the BP-Angola asset team, said “We were very impressed by the CGG team’s commitment to achieving an early delivery of the data on what was already a challenging schedule. The early delivery of results will accelerate our active reservoir management program for this field.”
News
October 02, 2019
For OPEC, the departure matters more in symbolism than barrels -- Ecuador stated clearly it wants to leave the group to boost oil revenues at a moment when the whole cartel is suffering from low prices.
News
October 01, 2019
The low levels in discoveries come as a result of a pullback during the past 10 years in the wildcat drilling that targets conventional oil and gas plays—most drastically after oil prices collapsed in 2014.
News
October 01, 2019
Benthic has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development
News
October 01, 2019
Subsea 7 announced today the award of two contracts by BP Exploration for the Azeri Central East project in the Azeri-Chirag-Deepwater Gunashli field in the Caspian Sea, in a water depth of approximately 140 meters.
News
October 01, 2019
The program will utilize Polarcus’ Xarray multi-source acquisition system, a hybrid combination of towed streamers and ocean-bottom nodes.
News
September 30, 2019
“The pre-salt is good, but it’s not a sea of oil; there are still risks,” said Marcelo de Assis, the head of Latin American upstream research for Wood Mackenzie Ltd. “Deepwater gas is something that doesn’t work. All the developments are focusing on oil.”
News
September 26, 2019
Services to be provided will include data acquisition utilizing ROV-deployed autonomous nodal recording technology in water depths up to 60 meters.
News
September 24, 2019
The contract covers an area of 1,600 km² for 3D seismic with associated 2D work to be executed over a 1.5-month period from end Q3 2019 for the undisclosed client.
News
September 19, 2019
TGS has has fired first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up.
News
September 17, 2019
Schlumberger will start a new 5,080-km2 wide-azimuth (WAZ) multiclient survey in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery.
News
September 16, 2019
ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 Bboe on the Stabroek Block.
News
September 16, 2019
Joe-1 is the first oil discovery to be made in the Upper Tertiary and de-risks the petroleum system in the west of the Orinduik block, where a significant number of Tertiary and Cretaceous age prospects have been identified.
News
September 13, 2019
The foreign ministry in Hanoi on Thursday called on China to immediately order a state-owned survey vessel along with several Coast Guard escorts to leave Vietnamese-claimed waters in its exclusive economic zone, which stretches 200 nautical miles from its coast.
News
September 12, 2019
Talos Energy has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in the offshore portion of Mexico's prolific Sureste basin. Talos is the operator of Block 7 in a consortium with its partners Sierra Oil & Gas and Premier Oil.
News
September 12, 2019
ION Geophysical announced a new 2D multi-client program offshore West Africa. The industry-supported NamibeSPAN program covers the underexplored Namibe basin offshore southern Angola.
News
September 11, 2019
Philippine President Rodrigo Duterte said he will ignore an international court ruling affirming his country’s territorial claims in the South China Sea in order to advance oil exploration plans with Beijing.
News
September 10, 2019
Shearwater GeoServices has been awarded a master services agreement by Lundin Norway, and new Isometrix seismic acquisition projects for Lundin and Spirit Energy Norway in the Norwegian sector of the Barents Sea.
News
September 06, 2019
The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600 km2 that were acquired between 1999 and 2008—the only available 3D data in this part of the Red Sea.
