Pacific Basin News

 

AWE extends BW Offshore contract

Dec 23, 2014

Australian exploration firm AWE has agreed a one year contract extension for the lease and operation of the FPSO Umuroa, operating on the Tui Area oil project, offshore New Zealand, from Norway-based BW Offshore. As a result, the contract period has been extended to Q4 2016 (from Q4 2015)…

Smit Lamnalco acquires PBTA

Dec 12, 2014

Smit Lamnalco is acquiring Pacific Basin's (PB) entire shareholding in PB Towage Australia (PBTA). The deal includes all of PB’s harbor towage operations and 16 harbor tugs, one harbor tug and one barge. The deal is expected to complete…

Karoon hits at Kangaroo-2

Nov 26, 2014

Australia’s Karoon Gas encountered oil in five separate zones in the Kangaroo-2 appraisal well in the Santos basin, offshore Brazil. Map of the five wells located in the Santos basin. From Karoon.    Kangaroo…

ConocoPhillips comes up dry in Angola

Nov 04, 2014

ConocoPhillips is plugging and abandoning the Kamoxi-1 exploration well as a dry hole after drilling to a total depth of 22,660ft, offshore Angola. Kwanza basin activity. From Deloitte Petroview Kamoxi…

Eni in big Indonesian find

Oct 27, 2014

Eni made an “important” gas discovery in the Merakes exploration prospect, located in the East Sepinggan Block, offshore Indonesia. The East Sepinggan block is located in the offshore East Kalimantan (Borneo), 170km south of the Bontang…

Karoon set to begin Santos campaign

Oct 16, 2014

Australia’s Karoon Gas is planning to begin its drilling campaign the second week of November when the company will drill two to four appraisal and exploration wells off Brazil. The Olinda Star. From Karoon…

Eni increases Vietnamese acreage

Oct 14, 2014

Italian explorer Eni picked up two new exploration assets offshore Vietnam from state-owned oil company PetroVietnam, the company announced on 13 October 2014. Eni’s CEO Claudio Descalzi (pictured) and PetroVietnam president DO Van Hau…

Rockall under new 2D spotlight

Sep 17, 2014

GeoPartners, in partnership with Seabird Exploration Multi-Client and DownUnder GeoSolutions, has announced a new multiclient 2D (MC2D) seismic project in the Frontier UK Rockall Basin offshore the north west coast of Scotland. The Rockall…

CNOOC opens 33 blocks off China

Sep 11, 2014

State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…

TGS to conduct new multi-client surveys off Australia, West of Shetland

Jul 31, 2014

TGS announced it will conduct three new multi-client surveys; a 3D survey offshore Australia, a 2D survey offshore New Zealand and a 3D survey in the West of Shetland region. Nerites Season 2 is the largest 3D survey TGS has acquired to date in the Asia Pacific region and will cover 13…

Karoon Gas contracts Olinda Star

Jul 14, 2014

Karoon Gas Australia Ltd. reached an agreement with QGOG Constellation S.A. to contract the semisubmersible drilling rig Olinda Star. The contract includes the drilling of up to four wells offshore Brazil, in Karoon’s S-M-1037, 1101, 1102…

Mubadala spuds Rojana-A

Jun 25, 2014

Mubadala Petroleum began drilling operations on the Rojana-A exploration well in block G11/48 in the Gulf of Thailand, partner KrisEnergy Ltd. announced on 23 June 2014. The company is drilling the Rojana-A well using Atwood Oceanics' Atwood Orca jackup rig…

2015 Falklands drilling inked

Jun 04, 2014

Oil and gas exploration efforts around the Falkland Islands are set to ramp up next year after rig contracts were agreed. Ocean Rig's deepwater, harsh environment semisubmersible drilling rig Eirik Raude (pictured) has been signed up…

AWE drills Oi exploration well

Jun 03, 2014

Australia’s AWE Limited announced that drilling on the Oi-1 exploration well in the Tui area oil fields, located off New Zealand in the Taranaki Basin, commenced on 30 May with the semisubmersible Kan Tan IV. Oi-1 is located approximately…

CGG starts 3D Brazil survey

May 15, 2014

CGG has started acquiring a large BroadSeisT 3D multi-client survey program in the deep and ultra-deep waters of the Espirito Santo Basin, offshore Brazil. The project has received high prefunding from major industry players. The Espirito Santo Phase III survey will cover more than 9500sq km…

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