Offshore News By Categories

Offshore News By Categories

Global Petroleum's Namibia subsidiary has agreed a 12-month extension on petroleum exploration licence No.29 in the Walvis Basin.   Jupiter Petroleum (Namibia) has agreed with the country's Ministry of Mines and Energy (MME) for the extension of the first exploration period.   The licence, which covers 1910B and 2010A blocks…
Tullow Oil has agreed to sell its Netherlands subsidiary to AU Energy, a subsidiary of Mercuria Energy, for €62.7m.   The transaction, which is expected to be completed during early 2015, includes Tullow's operated and non-operated L12 / L15 block interests and non-operated Q4 and Q5 block interests.   The…
Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration have partnered with Aptomar on a new industry project to improve oil spill management.   All the parties will work to strengthen technology functionality and communication infrastructure for offshore oil spill detection and management systems.  …
Shell has started oil production from its Cardamom subsea development in the deepwater Gulf of Mexico.   Located in Garden Banks Block 427, about 362km south-west of New Orleans, Louisiana, the Cardamom field is expected to produce about 50,000 barrels of oil equivalent a day (boe/d).   Shell is piping…
Singapore-based oil and gas firm KrisEnergy has started seismic programmes in its Sakti production sharing contract (PSC) offshore East Java, Indonesia.   The 1,200km 2D seismic will be undertaken at the Sakti PSC as per the PSC's work obligations.   KrisEnergy said the S V Nordic Bahari vessel has started…
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