Coelacanth Platform is designed to produce 30,000 barrels of oil per day and 60 million cubic feet of gas per day, and is expected to serve as host for future discoveries in the area, Walter Oiil & Gas said in a news release.

The TAP project aims to transport gas from Azerbaijan's Shah Deniz II Field in the Caspian Sea, one of the world's largest gas fields, by the end of the decade.

The field was developed with a steel jacket platform resting on the seabed. The topsides weigh about 22,500 tonnes and include a processing facility, utility module and living quarters, Lundin Petroleum said in a news release.

Oando's gas and power unit reported a net income of $19 million for the nine months to September, down from $22 million the previous year.

The project will include an evaluation of the OML-122 field development, subsea gas pipeline and onshore central processing facility, Penspen said in a news release.

The Athabasca oil sands have gone from being a curiosity to one of the largest oil accumulations in the world.

Development of Leviathan, which holds an estimated 622 billion cubic meters of gas, is being led by Texas-based Noble Energy and Delek Group.

Earlier this year the state-run group discovered a tight gas deposit in Pakistan with total reserves estimated at 4.5 billion cubic meters.

The Rossukon series of discoveries are located in the G6/48 license over the Karawake Basin to the north of the G10/48 license, where the KrisEnergy-operated Wassana oil field commenced production in August, KrisEnergy said in a news release.

Trestakk will be submitted for approval by Norwegian authorities in the spring of 2016 while Alfa will come sometime during the year, Statoil's field development chief Ivar Aasheim said.

The field, which was discovered in September 2014, has been tied into existing production facilities through a new dedicated pipeline with gas extraction via the Garijp treatment system.

Noble Energy, David Stover, Offshore Executive Conference, deepwater, Gulf of Mexico

Dire market conditions may have caused some to consider halting investment offshore, especially given a strong shale presence onshore. But Noble Energy sees opportunity.