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Offshore Construction News

New licence in onshore Cameroon
Cameroon >> 12/13/2007 - The company's wholly owned subsidiary, Euroil Ltd, has been awarded a new licence in onshore Cameroon. A production sharing contract has been completed for the Bomono Permit, comprising Blocks OLHP-1 ...
Tethys Closes Oman Acqusition
Oman >> 12/13/2007 - Tethys Oil AB has acquired 50 per cent interest in Blocks 3 and 4 onshore Oman from Norwegian Energy Company (Noreco) affiliate Altinex. Blocks 3 and 4 onshore Oman cover a combined area of over 30,00...
Total Announces Final Investment Decision for Angola LNG Project
Angola >> 12/10/2007 - Total announced the Final Investment Decision for the Angola LNG Project. Total owns a 13.6% share of Angola LNG Limited alongside Sonagas (36.4%), Chevron (36.4%) and BP (13.6%). The project sharehol...
Chevron Announces Green Light for Angola LNG Project
Angola >> 12/10/2007 - Chevron Corp. announced that the investors in the Angola liquefied natural gas (LNG) project have agreed to move the project forward to the construction phase. Cabinda Gulf Oil Company Limited, a whol...
Acergy Awards Contract in Deepwater Angola
Angola >> 11/29/2007 - Acergy S.A. announced the award of a contract valued at approximately $670 million for the engineering, procurement, fabrication and installation of an export line, rigid in-field pipelines, riser, ma...
ROC to Commences Drilling Programme Offshore Mauritania
Mauritania >> 11/27/2007 - ROC oil company announced that a 2008 deep water drilling programme is expected to commence offshore Mauritania at the end of January 2008 and to run through to mid-2008. The first well, Khop-1, is a...
Providence Agrees New Deal at Aje, Oml 113, Nigeria
Nigeria >> 11/12/2007 - Providence has entered into a new farm-in agreement for the AJE Field, located in OML113, offshore Nigeria. This new partnership is composed of Yinka Folawiyo Petroleum Company Limited, the Operator, ...
Reliance Industries Signs Production Sharing Agreement for Deep Water Offshore Block in Oman
Oman >> 11/12/2007 - Reliance Industries announced that it’s wholly owned subsidiary Reliance Exploration and Production DMCC signed a Production Sharing Agreement (PSA) with the government of Oman for a offshore Block No...
Total Acquires Three Permits Northeast Of Ichthys, Offshore Australia
Australia >> 10/26/2007 - Total announces the acquisition of a 40% interest in three exploration permits northeast of Ichthys on the Australian Browse Basin jointly with Inpex (60%, operator). These interests were held by Cono...
StatoilHydro signs Shtokman agreement with Gazprom 
Russia >> 10/25/2007 - StatoilHydro has today, 25 October, signed a frame agreement with Gazprom to become partner in the Shtokman development, phase1. The agreement gives StatoilHydro a 24% equity interest in Shtokman Deve...
New Production Sharing Contract In Kenya
Kenya >> 10/25/2007 - Aminex PLC has signed a Production Sharing Contract with the Minister of Energy in Kenya. The PSC covers two contiguous near-shore blocks designated L17 and L18, partly onshore but mostly offshore, c...
Petrofac Announces MOU in Guinea
Equatorial Guinea >> 10/24/2007 - Petrofac has entered into a Memorandum of Understanding (MOU) with Equatorial Consolidated Group Ltd (ECG) to develop oil & gas business opportunities in Equatorial Guinea. Under the MOU, Petrofac and...
RWE Dea Announces Fourth Oil Discovery in Libya
Libya >> 10/16/2007 - RWE Dea announced its fourth oil discovery in the Sirte Basin onshore Libya. Following two successful wells in NC193 and one in NC195 the exploration well C1-NC193, drilled by Adwoc’s Rig 2 encountere...
Apache Spuds Second Exploration Well in Egypt
Egypt >> 10/10/2007 - Regal Petroleum announced that Apache East Ras Budran Corp. LDC as operator of the East Ras Budran Concession in Egypt has spudded exploration well ERB-B-1X, the second of the exploration wells planne...
Lundin Petroleum Awarded Block 10A in Kenya
Kenya >> 10/5/2007 - Lundin Petroleum AB has signed a production sharing contract (PSC) for Block 10A in the Anza Basin of northwest Kenya. On October 4th, 2007, in Nairobi, Lundin Kenya B.V., a wholly owned subsidiary of...
Pioneer Initiates Gas Production Offshore South Africa
South Africa >> 10/4/2007 - Pioneer Natural Resources Company announced the start up of production from the South Coast Gas project (SCG) in Block 9, offshore South Africa. Pioneer holds a 45% working interest in the project, an...
Stratic Spuds Eskikale Exploration Well Offshore Turkey
Turkey >> 10/1/2007 - Stratic Energy Corporation announced that operations have commenced at the Bati Eskikale-1 exploration well, in the Black Sea, offshore Turkey. The Bati (west) Eskikale-1 well will test a prospect to ...
PTTEP Signs Concession Agreements in Egypt and is Ready to Proceed with Exploration Plan
Egypt >> 9/26/2007 - PTT Exploration and Production Public Company Limited (PTTEP) and its joint venture partners have recently signed Concession Agreements for 2 exploration blocks with the Government of the Arab Republi...
Nido Petroleum Announces Start of Galoc Project, Philippines
Philippines >> 9/24/2007 - Nido Petroleum Ltd announced that the Galoc Field Operator Galoc Production Company (GPC) has today advised that the drill ship ‘Energy Searcher’ has come ‘on hire’ to the Galoc Project This signals t...
Saipem Signs New Contract Offshore Saudi Arabia
Saudi Arabia >> 9/19/2007 - Saudi Aramco has signed with a consortium comprising Saipem and its Saudi Arabian partners TAQA and Al Rushaid a long term agreement for the construction, transport and installation of offshore facili...

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