Offshore Press Releases By Categories

Exploration & Development

LONDON – Tullow has signed a production-sharing agreement covering 10 full blocks and one part-block offshore Jamaica.   The Walton basin and Morant basin areas cover 32,065 sq km (12,380 sq mi) in shallow water south of Jamaica.   Tullow has committed to perform low-cost studies, reprocessing work and –…
  Port of Taranaki lifted annual profit 57 percent after it reported record revenue servicing the offshore oil and gas exploration industry.   Profit rose to $11.7 million in the 12 months ended June 30, from $7.5 million a year earlier, the New Plymouth-based port said in its annual report.…
  LONDON — Scottish nationalists have long argued that being governed from London has deprived their country of its fair share of the wealth from Britain’s oil and natural gas fields, which mostly lie in North Sea waters off their shores.   “It’s Scotland’s oil” was the rallying cry in…
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