Exploration news

The North Vulcan 3D multi-client reimaging programme covers the northern part of the Vulcan sub-basin offshore northwest Australia in an area known for complex imaging challenges.

The acquisition of Maersk Oil allows the Group to reinforce its existing leading positions in the U.K. and in Norway, as well as to enter Denmark, making Total the second-largest operator in the North Sea.

In a still challenging market overall, the Group achieved a robust 22% growth in fourth quarter revenue year-on-year.

UK Oil & Gas Investments PLC has been informed by its 100% owned subsidiary Kimmeridge Oil & Gas Limited (KOGL) that Oil and Gas Authority consent for flow testing its Broadford Bridge-1/1z (BB-1/1z) oil discovery has been extended to the end of March 2018. 

Tullow Oil Plc, Anadarko Petroleum Corporation, Kosmos Energy Ltd, and CEF (SOC) Ltd represent the companies with the largest licensing presence in Ghana, each participating in four blocks.

TAG Oil Ltd. has provided the following update with respect to TAG Oil’s operated Pukatea-1 exploration well located in the Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki Basin of New Zealand.

Subsea 7 S.A. announced the award of a sizeable contract by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development.

AWI will use the Sentinel HR on research projects it is conducting to record critical data about the relationship between geological activity and ecosystems in order to gain a better understanding of the Earth’s system.

SK Innovation announced on 21 February 2018 that it made oil discovery in the PRMB block 17/03 in the South China Sea.

Fugro has been awarded a contract by Guangzhou Marine Geological Survey (GMGS) for gas hydrate investigation on the Northern Continental Slope of the South China Sea. The contract is valued at approximately US$40 million and the project is expected to commence in the second quarter of 2018.