Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and Tanzania, says an analyst with research and consulting firm GlobalData…
BG Group used Odfjell's Deepsea Metro I drillship for the Sunbird-1 in Block L10A this year. Photo from BG Group. Offshore East Africa is among the newest frontier exploration regions, with results of wildcats eagerly awaited…
UK-based, Somalia-focused exploration firm Soma Oil & Gas Exploration has completed an offshore seismic acquisition program, which commenced in February 2014. The acquisition program was carried out by SeaBird Exploration and concluded in June 2014…
OMV has taken another step into sub-Saharan Africa by entering an offshore exploration project offshore Namibia. The transaction involves the acquisition of a 65%-interest petroleum exploration license (PEL) 046, containing exploration blocks 2613A and 2613B…
The National Assembly of the Comoros, a sovereign archipelago island nation east of Mozambiue, Africa, has ratified a production sharing contract with Bahari Resources. The PSC, covering offshore blocks 35, 36, and 37 (previously named blocks A…
Pura Vida Energy says a rig share agreement has been signed for the drilling of two wells in the Mazagan permit offshore Morocco by the Atwood Achiever deepwater Drillship. The Atwood Achiever is contracted to Kosmos Energy under a long term hire arrangement…
BGP's seismic vessel SRV Challenger has just completed a 2700 line-km 2D seismic survey for a major international oil company offshore Madagascar in early February 2014. Within two years, BGP Challenger has acquired more than 21,986 km of 2D seismic survey offshore Madagascar…
UK-based exploration firm Sterling Energy, has provided an update on activities in its Ambilobe and Ampasindava blocks, offshore Madagascar. A 1314km 2D seismic acquisition program was completed on the Ampasindava Block in December 2013…
TGS has announced four new multi-client surveys; a 3D survey offshore Northwest Australia, two 2D surveys offshore Madagascar, and a 3D survey onshore Alberta, Canada. The Huzzas is a 2100sq km 3D survey covering the Barrow Sub-basin…
CGG surveys GOM for Pemex CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever…
TGS, in partnership with BGP, has started acquisition of 2D seismic, gravity and magnetic multi-client surveys offshore Madagascar using the M/V Challenger. The surveys, MAJ-13 and MS-14, will add 7025 km of new 2D seismic data to extend and infill the existing 33…
Exxon Mobil Corp. has received extensions on three of its production sharing contract licenses offshore Madagascar, the company announced on 6 November 2013. The supermajor said the extensions will enable the resumption of exploration activities on the Ampasindava…
Australia’s Pura Vida has agreed a farm-in deal giving it a 50% stake in the Ambilobe area office Madagascar, east Africa. The firm has also finalized a farm-out deal offshore Morocco. Pura Vida will take a 50% stake in the Ambilobe block…
OMV is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the Grand Prix block from Niko Resources (Niko). OMV will farm-in to the area for the planned drilling of an exploration well. OMV will…
TGS-NOPEC Geophysical Company (TGS) announced at its Capital Markets Day that it will embark on several new partnerships. TGS and Electromagnetic Geoservices ASA (EMGS) agreed to jointly development multi-client projects in defined areas in northwestern Europe…
