ONGC Videsh has entered an agreement with Tullow Oil to acquire a 15% participating interest in the offshore Namibia Petroleum Exploration License 0030 for Block 2012A. India-based ONGC Videsh said today (21 November) the completion of鈥
Pancontinental Oil & Gas has signed a petroleum agreement (PA) for its second block offshore Namibia. Under the agreement, the firm has committed to a four-year exploration program. Pancontinental also will become project operator with 75% interest in Block 2713 in the Orange Basin鈥
Global Petroleum's subsidiary Jupiter Petroleum says extra time given to assess its acreage offshore Namibia has given it chance to see more potential. The firm has been given an extension to its first renewal exploration period for License 29鈥
It鈥檚 a smaller, more focused exploration world as we start 2018. Elaine Maslin discusses the main themes for 2018 with Wood Mackenzie鈥檚 Andrew Latham (First published in the January 2018 OE, access full issue here). Deepwater is very鈥
Tullow oil is aiming to start drilling on the Cormorant prospect in the Walvis Basin offshore Namibia at the start of September next year [2018], according to partner Pancontinental. The Cormorant prospect, in about 550m water depth, is part of exploration license in PEL 37鈥
Eco (Atlantic) Oil & Gas is plannig to drill a well on its Osprey prospect in the Cooper Block (PEL30) in the Walvis Oil Basin, offshore Namibia. Osprey is in about 500m water depth and has had several thousand kilometers of 2D seismic and a 3D survey鈥
ONGC has officially entered offshore Namibia, following the completion of its 30% stake deal of Namibia Petroleum Exploration License 0037 from Tullow. ONGC subsidiary ONGC Videsh completed the acquisition of 30% participating interest鈥
French oil giant Total has agreed a farm-in deal with UK based independent Impact Oil and Gas, which will see it take major stakes in deepwater blocks offshore Namibia and South Africa. Total has acquired 70% of Impact鈥檚 interests in Block 2913B鈥
Africa Oil Corp. (AOC) and Eco (Atlantic) Oil and Gas are forming a strategic partnership for exploration in West Africa and Guyana. Under the terms of an investment agreement, AOC has agreed to acquire a 19.77% shareholding in Eco through the purchase鈥
Africa Energy signed a multimillion deal with Pancontinental to take 33.33% stake in subsidiary Pancontinental Namibia (PNPL). Pancontinental will retain 66.67% of the issued capital of PNPL, which holds a 30% interest in the highly prospective license PEL 37鈥
Atlantic margin focused Chariot Oil & Gas is dropping out of two blocks offshore Namibia. The firms says it has elected not to enter into the First Renewal Exploration Period of the exploration licenses covering Blocks 2714A and 2714B鈥
Total E&P Malaysia has signed a 60-day contract for the Maersk Deliverer semisubmersible to drill offshore Southeast Asia, bringing the vessel out of warm stacking. The contract covers the drilling of one exploration well in the Block DW-N Sabah offshore Malaysia鈥
Windfire Capital has signed a letter of intent with DMiner Asset Management to acquire 76.5% in a license offshore Namibia. Windfire will acquire the stake in license 0079, covering Blocks 2815 and 2915, through the acquisition of 91鈥
India's ONGC Videsh has signed definitive binding agreements with Tullow Oil to acquire a 30% stake in a license offshore Namibia, marking its entry into the Namibian offshore. Namibia Petroleum Exploration License 0037 covers Blocks 2112A鈥
Infield Systems鈥 Catarina Podevyn surveys the FPSO market and discusses recent projects awards. The John Evans Atta Mills MV25 FPSO, operating at Tullow鈥檚 TEN project, offshore Ghana. Photo from MODEC鈥
