Exploration

A new study by Wood Mackenzie shows that exploration should return to profitability in 2017 after five years of only single-digit returns.

Seabird to use the Northern Explorer for the project in South America.

RMS 10 brings enhancements to seismic interpretation, structural and property modelling, reservoir engineering and automation for improved reservoir management, increased productivity and reliable production forecasting.

Polarcus Limited has announced that it has received two Letters of Intent from two undisclosed clients for two additional marine seismic projects offshore South America.

CGG has announced the delivery of near real time imaging results for a 4200 km2 BroadSeis 3D marine seismic survey acquired offshore Morocco.

The company expects to report a prefunding level of 120% for the full year 2016, down from previously guided 150%.

The well will test the potential of the deep carboniferous age horizon reservoir.

The company has been awarded Block 8 and 9 within the Abu Gharadig Basin in Egypt's Western Desert.

Total's successful bids in three blocks will add to the company's high grade exploration portfolio.

Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1.

Aminex has confirmed that an independent inspection of the Caroil 2 drilling rig has now been completed in Tanzania

Petroperu awarded a 75% working interest in and operatorship of the Morona Block to GeoPark.

The final data sets show a spectacular uplift in subsalt imaging.

Jacobs is to deliver a front-end engineering and design package and detailed engineering for the Vito host platform topsides.

Baker Hughes, CSL Capital Management and Goldman Sachs’ Merchant Banking Division have agreed to form a North American land pressure pumping company.