Developing economies continue to be a core feature of global exploration efforts. Dr Peter Davis looks at managing political, societal and ethical risks in such regions. As Dick Cheney once observed, 鈥渢he good Lord didn鈥檛 see fit to put鈥
Subsea 7 on Cardona Subsea 7 was awarded a contract worth more than US$70 million by Stone Energy for Cardona field in the US GOM. Scope includes engineering, procurement, installation, and flowlines commissioning, risers, pipeline structures鈥
Ghohta discovery Lundin Petroleum made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea. The well, 7120/1-3, 35km northwest of Snøhvit field, found a 75m oil column in Permian carbonates. Statoil鈥
Wood Mackenzie has predicted upstream investment in East Africa will reach US$7 billion by 2018. Martin Kelly, head of Sub Sahara Africa upstream research for Wood Mackenzie, told delegates at the East Africa Oil and Gas Conference today鈥
Panoro Energy ASA commenced a 3D seismic acquisition program in the Dussafu block off Gabon. The work will be carried out by Polarcus and is planned to cover an area of approximately 1260 km2 in the outboard part of the Dussafu license. The鈥
Tanzania鈥 government has announced that the delayed 4th Licensing Round is to be launched later this month. Seven deepwater offshore blocks and the Lake Tanganyika North offshore block will be available in the round, to be launched in Tanzania鈥檚 capital Dar es Salaam鈥
Business Monitor (BM) released its latest findings on Nigeria鈥檚 volatile oil and gas sector from its newly-published Nigerian Oil and Gas Report. The report notes that Nigeria's hydrocarbon sector continues to struggle amid a worsening political and business environment鈥
BG Group successfully completed a drill-stem test in the Pweza gas field in block 4 off southern Tanzania. The Pweza-3 appraisal was drilled approximately 2km north of the original Pweza discovery well by the Deepsea Metro-1 drillship in 1400m of water鈥
CGG has received a Letter of Award for a large, high-end seismic acquisition program off West Africa. The survey will mobilize the Geo Coral, Geo Barents and Pacific Finder vessels to conduct a 1484sq km BroadSeis, wide-azimuth survey鈥
2H 云顶赌场老虎机, an Acteon company, has been appointed by Tullow Oil as lead riser engineering consultancy for the delivery of the flexible riser system for its Tweneboa, Enyenra and Ntomme (TEN) field development, offshore Ghana. The TEN development is located in the deepwater Tano block鈥
SOCO International announced that the Lideka East Marine-1 well (LDKEM-1) off Congo, which targeted a post-salt structure, updip from the Lideka Marine-1 well, found shows of oil in the Sendji formation (iS3). The well encountered about 50m of net pay section in the Upper and Lower Sendji鈥
There may be more than 2 billion bbl of oil under Lake Albert, said Oil of DR Congo director Giovanni Pedaci yesterday in Kinshasa. The capital city is hosting a two-day DRC Oil & Gas Forum, organized by Infrastructure Partnerships for Africa Development (iPAD)鈥
Bristow Group has secured a number of new multi-year contracts for offshore oil and gas services across Europe and in other established and emerging markets. In total, the contracts are for 12 large and three medium helicopters, expected to generate up to US$850 million in revenue鈥
Serica Energy has said a drilling campaign will start offshore Morocco in October. Drilling will be carried out on the Foum Draa and Sidi Moussa blocks in October, and H1 2014 respectively. The well on the Foum Draa block (operated by Cairn Energy鈥
Rialto Energy (Cote d鈥橧voire) Ltd signed a memorandum of understanding (MOU) with the Cote d鈥橧voire Ministry of Oil & Energy, the state owned oil & gas company PETROCI, and Vitol E&P to replace the existing production sharing contract (PSC) for Block CI-202 with a new PSC on amended terms鈥
