Offshore Construction News

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...
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...
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...
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...
Apache Signs Agreement with EVEP, EnerVest to Explore 400,000 Acres in Central and East Texas
United States >> 9/12/2007 - Apache Corporation has signed a multi-year agreement with EV Energy Partners, L.P. and institutional partnerships managed by EnerVest, Ltd., to explore for oil and gas in deeper formations across 400,...
Lukoil and Indonesia's Pertamina Sign an Agreement
Indonesia >> 9/6/2007 - Lukoil and Pertamina have signed an agreement on joint study of several prospective blocks in the Republic of Indonesia. The agreement was signed today in Jakarta as part of President of Russia Vladim...
ROC OIL Provides Exploration Update Onshore Angola
Angola >> 9/4/2007 - Roc Oil (Cabinda) Company, a wholly owned subsidiary of ROC and operator of the Cabinda South Block, onshore Angola, provides the following drilling activity update:

1. Soja-1: The S...
Roc Oil Provides Drilling Update at Massambala Oil Discovery, Onshore Angola
Angola >> 8/29/2007 - Roc Oil (Cabinda) Company advised that the Massambala-1CH2 sidetrack hole has reached a prognosed total depth of 491 metres and wireline and coring programmes have been completed. The sidetrack hole w...
Hydro Reports Additional Reserves in Block 4/05 Offshore Angola
Angola >> 8/24/2007 - The Angolan national oil company Sociedade Nacional de Combustiveis de Angola E.P. (Sonangol EP) and Sonangol Pesquisa e Produç?o S.A. (Sonangol P&P) have announced the discovery of additional reserve...
Tethys Oil Provides Oman Operation Update
Oman >> 8/15/2007 - Tethys Oil announced that operations of the Jebel Aswad re-entry well on Block 15 onshore Oman were completed during the summer, and the rig has been de-mobilized and released. On testing the well flo...

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