F15 News

Koden Electronics Co., Ltd. announced that its CVS-FX series echosounders (CVS-FX1, CVS-FX2 & CVS-FX2BB) are now fully compatible with the Olex 3D navigation system. Koden’s CVS-FX series is a frequency selectable digital broadband echosounder. Olex is a unique system for navigation, fishery plotting and ocean mapping, developed and manufactured by the Norwegian company Olex AS. Using the ships own echosounder and GPS the Olex creates a continually updated depth/position database which is used to produce a realistic 3D seabed view.

Woodside has acquired a 40% participating interest in an exploration, exploitation and production sharing contract (EEPSC) for Block F15 in the Gabon Coastal Basin. Block F15 is located 140 km off the south-western coast of Gabon and covers over 2,700 km². Water depths range from 2,300 to 3,000 m. Noble Energy has a 60% participating interest in the EEPSC and will be the Operator. The EEPSC has a seismic commitment and option for future drilling. Woodside CEO Peter Coleman said the EEPSC was an opportunity for Woodside to secure significant acreage in a high graded emerging oil-prone province with a like-minded and experienced partner. “This is yet another exciting opportunity for us in Africa, building on recent acquisitions in Tanzania and Morocco,” Mr Coleman said.