Exploration

Hannon Westwood welcomes the changes to the North Sea tax regime announced by the Chancellor on Wednesday.

LGO Energy has drawn an initial US$11.78 million from the pre-paid oil swap facility agreement with BNP Paribas.

Red7Marine Offshore Ltd has announced its continued expansion into the North Sea decommissioning market.

Searcher Seismic, in co-operation with BGP, has announced that the Bilby Non-Exclusive 2D seismic survey acquisition has commenced.

Houston’s economy and real estate markets have been among the strongest performing of all US metros in recent years.

The acquisition will help maintain the company's processing facility as a centre of excellence for seismic processing in the region.

ASCO is delighted to announce the award of a contract by BP Exploration and Production to provide a range of integrated oilfield services.

Schlumberger launches two new full-azimuth multiclient surveys in the US Gulf of Mexico.

The company announces that it has agreed to extend the date by which completion of the farm-in transaction must be satisfied or waived.

The new Oil and Gas Authority will be given a range of powers to ensure it has the ability to help maximise the economic recovery of the UK’s O&G industry.

Summary includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days.

The field has been developed at a water depth of about 400 metres with two facilities on the sea bed.

Ecuador is the smallest oil producing member of the Organisation of the Petroleum Exporting Countries (OPEC).

UK fiscal regime being revamped to reflect the maturity of the UK basin.

Statoil is presenting the annual and sustainability reports for 2014, together with the new payments to governments report.