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Offshore Blocks

India Offshore Blocks Almost Set for Auction

According to a report on www.business-standard.com, the Petroleum Ministry in India is planning to offer up to 80 oil and gas blocks -- perhaps half of them offshore -- in another auction round this August under the New Exploration Licensing Policy (NELP). The report said that in the previous six rounds, 162 oil and gas blocks have been awarded.


India Launches Oil & Gas Auction

Launching a major global initiative for attracting foreign investment in the hydrocarbon sector, India auctioned 55 oil and gas exploration blocks. India offered for sale the onshore and offshore blocks to potential investors, including Brazil's Petrobras, BP (British Petroleum) and Malaysia's Petronas. Of the 55 blocks available for bidding in the new exploration licensing policy - the sixth round (NELP VI), and the coal bed methane - third round (CBM III) of bidding in India


CNODC Acquires Offshore Block

China National Oil and Gas Exploration and Development Corp (CNODC), a unit of China’s CNPC, has acquired the exploration rights to an oil and gas block from Indonesia's PT Waropen Perkasa, one of 10 onshore and offshore oil projects originally tendered by the Indonesian government in June 2004. China's major oil firms -- Sinopec, CNOOC and China National Petroleum Corp, the parent of Hong Kong-listed PetroChina Co Ltd


Bahrain Offshore Exploration - Oxy’s Strategy

Exploration of the offshore blocks in Bahrain are part of Occidental Oil & Gas's (Oxy) goal of expanding its position in the Middle East and North Africa, according to the Oxford Business Group’s (OBG) report: Bahrain 2008. This report is the latest of the firm's annual business publications. Exploration of Blocks 3 and 4 is a joint venture between Occidental Oil & Gas and the Bahrain Petroleum Company (Bapco)Bahrain Petroleum Company (Bapco).


ENI Signs Deal to Expand Oil, Gas Exploration in Congo

Italian oil and gas group Eni said it signed a deal to explore for hydrocarbons in the Republic of Congo's coastal basin, expanding its foothold in sub-Saharan Africa's No. 4 oil producer. At a signing ceremony in capital Brazzaville, new Eni Chief Executive Claudio Descalzi signed the deal for onshore and deep-water exploration acreage with Energy Minister Andre Raphael Loemba, the company said in a statement on Sunday.


Indonesia Offers 26 Oil-and-gas Blocks

According to Thomson Financial, the Indonesian government launched a tender for 26 oil-and-gas blocks to boost the country's oil and gas production. The oil and gas blocks that were offered today include the Bawean II, East Bawean I, Situbondo, and the North East Madura blocks onshore and offshore East Java province, as well as the South Barito (onshore and offshore) and Mahakam Hilir (onshore) blocks on Kalimantan island. [Source: Thomson Financial]


Streamlined Service for the Offshore Sector

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In a business where time is money, Signal Ship Repair’s niche ‘high blocking’ repair methods have significantly reduced repair times and increased shipyard efficiencies. If Signal Ship Repair’s (SSR) primary business can generically be described simply as ship repair and conversion, then it can also be said that its practice of ‘high blocking’ to facilitate faster, and more efficient in-house Z drive repairs is its signature service


Exxon Mobil Plans to Drill Wells in Indonesia

Exxon Mobil plans to drill three exploratory wells in an Indonesian offshore oil block over the next three years, a company official said on Wednesday. Exxon Mobil signed an oil contract with the Indonesian government last month 2,062 sq mile of the offshore Surumana block in the Makassar Straits. The government had said that in the case of Surumana, any oil find would be split 65:35 percent between government and contractor. Meanwhile, any gas find would be split 60:40 percent.


Proposed Notice of Sale Issued for Western Gulf of Mexico OCS Sale 174

The U.S. Department of the Interior's Minerals Management Service (MMS) is making available the Proposed Notice of Sale for Western Gulf of Mexico (GOM) Sale 174. The sale is scheduled for August 25, 1999, in New Orleans. Sale 174 encompasses 3,642 unleased blocks, about 19.81 million acres, in the Western GOM Outer Continental Shelf Planning Area offshore Texas and in deeper waters offshore Louisiana. The blocks are located from nine to 200 miles offshore in water depths ranging from 26 ft


Beaufort Sea Sale 186 Set for September

The Department of the Interior’s Minerals Management Service has issued the Final Notice of Sale for Beaufort Sea OCS Lease Sale 186. The final notice describes the sale area and requirements for protecting the environment. The lease sale is scheduled for September 24, 2003. The Department will offer the entire sale area for lease with the exception of two deferral areas recommended by Alaska Governor Frank Murkowski


US Navy Evaluating SEWIP for LCS

Littoral combat ship USS Freedom (LCS 1). U.S. Navy photo by Tim D. Godbee

The U.S. Navy is evaluating a scaled-down version of the Surface Electronic Warfare Improvement Program (SEWIP) system for potential incorporation on future Littoral Combat Ships (LCS), Naval Sea Systems Command announced, Nov. 20.   SEWIP is an evolutionary development block upgrade


LR to Class Maersk Supply Service Anchor Handlers

The six vessels (plus four options) placed in the Norwegian yard will be assigned Lloyd’s Register (LR) class notations 100A1, Offshore Supply Ship AHTS, Fire Fighting Ship 1 (2400), Ice Class 1A PS, RD (2.8), IWS.   Steel cutting is expected to begin in June 2015 with the first two


Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana will acquire Petronas’ interests of 50% of Block 0197 & 0297 (Cuu Long Basin), 40% of Block 10&11.1 (Nam Con Son Basin) and 36.85% of Block 46-Cai Nuoc (Malay-Tho Chu Basin

  SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of US$400 million


Time-out for Kwanza Drilling

Stena Carron rig

  Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola. The rig contract will cease with effect from 21 November 2014.


Libya's Hariga Port, El Sharara Oilfield Still Closed

Protesters at Libya's 120,000-barrel-per-day Hariga port are still blocking oil exports, an oil official said on Tuesday. "We are trying to solve the issue," the official said. "Talks are ongoing." The protesters say they have not been paid, he said.


Multiclient Seismic Data Offshore Mozambique Available from Schlumberger

The survey includes the extensions to the original program in the Mozambique Channel, south extension offshore the Limpopo River, and the Rovuma basin.

  Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data


Cairn Makes Second Senegal Find

Senegal Map

  Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme. The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100 kilometres (km) offshore in the Sangomar Offshore block with a target depth of ~3


Kongsberg Maritime Launches K-Sim Navigation

K-Sim Navigation features an advanced physical engine and state-of-the-art hydrodynamic modelling.

Kongsberg Maritime has unveiled its latest generation ship’s bridge simulator, K-Sim Navigation, which meets the requirements of the most demanding navigation training for merchant, offshore and naval vessels. Designed for the future of advanced and integrated simulation training


Seaspan's Vancouver Shipyard’s Modernization Complete

Vancouver Shipyard

  Today, Seaspan’s Vancouver Shipyards officially celebrated the completion of its two-year, $170M Shipyard Modernization Project ahead of schedule and under-budget. Funded entirely by Seaspan, this project has transformed Vancouver Shipyards into the most modern facility in North


Repairs Halt Total's S.African Ops; Resumption not Prior 2016

S.Africa wants 30 wells drilled in next 10 years; Total woes a setback to S.Africa exploration drive. French energy major Total has halted oil exploration off the southern coast of Africa due to mechanical problems with a rig, meaning it will not be able to resume searching in the area before


Statoil Invests $1.5b in US Offshore Project

U.S. Gulf of Mexico

Statoil together with co-owners in the Stampede development in the Gulf of Mexicohas sanctioned the Stampede project in the U.S. Gulf of Mexico. Statoil said it will invest $1.5 billion in the Stampede development, which is expected to begin production in 2018


Seaspan Begins First NSPS Build

Photo courtesy of Seaspan

Seaspan’s Vancouver Shipyards has started construction on two initial blocks for the first National Shipbuilding Procurement Strategy (NSPS) ship, the Canadian Coast Guard’s Offshore Fisheries Science Vessel (OFSV), the Honourable Diane Finley


Marconi-Vorlich Exploration Well Successful

Courtesy  RWE Dea

  UK exploration well 30/1f-13 and sidetrack 30/1f-13Y have encountered hydrocarbons in the Marconi-Vorlich prospect. The find in Paleocene Sandstones has been flow tested at a maximum rate of 5,350 barrels of oil equivalent per day. RWE Dea is part of the consortium operated by GDF SUEZ.


Tanzania Talks with Total, BP on Hydrocarbon Exploration

In search for hydrocarbon

  Tanzania has held talks with France's Total and Britain's BP over oil and gas exploration, its energy ministry said on Saturday, aiming to add to major companies active in its thriving energy sector. Companies already present in the east African state include Norway's Statoil


BOEM Proposes O&G Lease Sale in Gulf of Mexico

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank today announced that the bureau will offer 40 million acres offshore Louisiana






 
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