"We are extremely pleased with the results from this vertical exploration well at Curamhuele and oil discovery in the Lower Agrio shale,” said Kevin Shaw, President and CEO of Madalena Energy.
ERHC Energy Inc. has issued the following update on exploration progress in Kenya Block 11A.
Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand.
The ship is to be built for China state-owned Shanghai Salvage Bureau (SSB), one of the largest professional salvage companies in China.
In Salah Gas, a joint venture between Sonatrach, BP and Statoil has announced the start up of its Southern Fields project.
James Fisher Offshore, part of James Fisher and Sons plc, has stated the signing of a cooperation agreement with Aquatic Engineering & Construction Ltd.
Transerv Energy has reported that testing operations at Warro-5 and Warro-6 continue.
Major oil producers (including Venezuela & Qatar) also agreed to freeze output at January 2016 levels.
Haugesund mayor Arne-Christian Mohn started the machine cutting the steel for the Johan Sverdrup drilling platform.
Egdon Resources plc has announced the commencement of drilling operations at the Laughton-1 exploration well in UK Onshore Licence PEDL209 located in Lincolnshire.
Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.
BP has committed to to extending the licence for Oman Block 61 and to develop second phase of major Khazzan gas field.
Yuma Energy Inc. and Davis Petroleum Acquisition Corp. have jointly announced that they have entered into a definitive merger agreement for an all-stock transaction.
The FEED study is to investigate subsea tie-back of Trestakk to Åsgard A FPSO.
Europa has been awarded a new licensing option in the southern Porcupine Basin, offshore Ireland as part of the 2015 Atlantic Ireland round.