News

  • Eni hits ‘major oil discovery’ offshore Angola

    Eni says an oil discovery on Block 15/06 offshore Angola opens a new play concept.   The Agogo-1 NFW well penetrated a 203-metre oil column with 120 metres of net pay in Lower Miocene sandstones in subsalt diapirs. Oil is 31° gravity.   The well…

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  • Gran Tierra Energy announces new-country entry into Ecuador

    Gran Tierra Energy has announced that, based on preliminary results, the company has made a new-country entry into Ecuador through the submission of winning bids for a total of three blocks, which were offered by the Ministerio de Energia y Recursos Naturales No Renovables (…

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  • Vietnam offshore fields exceeding expectations

    Premier Oil expects the Chim Sao and Dua oil fields offshore Vietnam to continue producing until 2030, a decade longer than in the original development plan, according to new partner Ophir Energy.   Ophir came onboard following its recent acquisition of Santos’ producing interests in…

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  • Shell inks contracts for two blocks offshore Colombia

    Colombia’s regulator Agencia Nacional de Hidrocarburos (ANH) and Shell have signed exploration and production contracts for two blocks offshore Colombia.   Officials from Shell and the country’s regulator on Monday, the 11th March signed the exploration and production contracts for the “COL 3” and “GUA…

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  • Saipem Clears Hurdle for Uganda Refinery

    A technical proposal developed by Saipem SpA for a new refinery in Uganda has won formal approval from the Ugandan government, Saipem reported on the 12th March.   Meeting at Saipem’s headquarters in Milan a delegation led by Uganda’s minister of energy and mineral development…

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  • TechnipFMC acquires Dive Support Vessel for North Sea Market

    TechnipFMC has added to its international fleet of subsea pipelay, diving and construction ships after purchasing a new-build diving support vessel – the Deep Discoverer.   The company signed a deal with VARD shipyard in Norway to purchase the vessel in late 2018. The vessel…

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