Skip to main content

Offshore news

 
 
 
 

GeoPark announces new oilfield discovery in Argentina

The Rio Grande Oeste 1 exploration well was drilled and completed to a total depth of 5500 ft targeting the Grupo Neuquen formation, where 15 different potential reservoir sands were identified - at depths that range from 1800 - 5500 ft - with a potential net pay of 400 ft.

 

Zambia commissions first oil survey

Early-stage natural resources exploration marks milestone in Zambia’s diversification agenda as the nation moves towards becoming a middle-income country by 2030.

 
 
 

Aker BP: rig contract to Odfjell Drilling

Aker BP ASA has awarded an agreement to Odfjell Drilling for the lease of the semi-submersible drilling rig Deepsea Stavanger for a period of approximately 9 months, with commencement in February 2018.

 

Range Resources: acquisition of producing assets in Trinidad

Range has entered into a binding sale and purchase agreement to acquire certain producing assets from a wholly owned subsidiary of Trinity Exploration and Production Plc for a cash consideration of US$4.55 million.