Exploration - 27 July 2016

Anadarko Petroleum Corp. has announced its financial and operating results for 2Q16, including a net loss attributable to common stockholders of US$692 million.

Spectrum has announced the commencement of a 15 000 km multi-client 2D survey offshore Brazil in the Santos and Campos Basins.

The Oil and Gas Authority (OGA) has launched the 29th Offshore Licensing Round with more than 1200 blocks on offer to support the OGA’s objective of maximising economic recovery (MER) from the UK Continental Shelf (UKCS).

Savannah Petroleum PLC (Savannah) has announced the signature by one of its subsidiaries of a call-off order (Call Off) under the previously signed framework contract for seismic acquisition services with BGP Niger SARL (BGP).