Venari Makes Oil Discovery in GoM

Venari Resources LLC announced a material oil discovery at its Guadalupe prospect in Keathley Canyon Block 10.

Songwon, UTS Sign Cooperation Agreement To Supply Additives To SIBUR

Songwon and its distributor UTS have signed a long-term cooperation agreement to supply SIBUR with additives used in polypropylene, polyethylene, rubbers, thermoplastic rubbers and polyvinyl chloride

Petrobras Discovers Hydrocarbons in Espírito Santo Basin

Petrobras has made a discovery of a hydrocarbon accumulation in the deep waters of the Espírito Santo Basin.

Ocean Floor Geophysics Completes CSEM Survey

Ocean Floor Geophysics, in cooperation with Fukada Salvage and Marine Works, has completed a high-resolution CSEM survey of gas hydrates using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology in Japanese waters. 

Impact Secures Senegal, Guinea-Bissau License

Impact Oil and Gas has been awarded a new exploration license covering the AGC Profond Block located offshore in the Senegal/Guinea-Bissau joint development zone.

EMAS Wins Subsea Installation Contracts

EMAS AMC has won multiple new awards from various energy companies valued at more than $70 million.

Ophir Acquires Interest In Gabon Blocks

Ophir Energy Plc has expanded its footprint offshore Gabon by signing exploration and production-sharing contracts (PSCs) for two additional blocks.

Statoil Gains Offshore Operatorship In Australia

Statoil has been awarded a 100% equity share in a large exploration permit located in the prolific Northern Carnarvon Basin on the Northwest Shelf of Australia.

CNOOC Finds Oil, Gas In Bohai

CNOOC Ltd. made a mid-to-large new discovery in the Jinzhou 23-2 structure in Bohai offshore China.

LLOG Installs Delta House Floating Production System

The FPS is designed for peaking capacity of 100,000 bbl/d of oil and 240 MMcf/d of gas. 

VAALCO Energy Names New Director

VAALCO Energy has appointed Andrew L. Fawthrop to the company’s board of directors, effective Nov. 1, 2014, according to a news release.

China’s CNOOC Considers Norway Exploration

CNOOC Ltd. is sizing up the potential for oil exploration in Norway’s Arctic as China’s biggest offshore producer ignores a freeze in the two countries’ relations since the 2010 Nobel Peace Prize.