Searcher Completes Northern Basins Study
Searcher Seismic announced the expansion of its modern offshore data library with the completion of its Northern Basins Prospectivity Study in Papua New Guinea.The independent multi-client company providing seismic datasets and associated products to the global oil and gas industry, said that in conjunction with Discover Geoscience, it has compiled the Northern Basins Prospectivity Study following its successful acquisition of the Solomon Sea Broadband Non-Exclusive 2D seismic survey in 2017.The study offers the industry a detailed understanding of the basins and hydrocarbon potential of the region, with extensive coverage of the Cape Vogel…
Fugro Get Papua New Guinea Pipeline IRM Contract
Fugro-TSM, a division of Fugro Subsea Services, has been awarded the Kumul Marine Terminal Pipeline IRM (Inspection Repair Maintenance) contract by Oil Search Limited. The contract is for the provision of a DP2 DSV to support air diving services around the Kumul Marine Terminal in the Gulf of Papua, PNG. FTSM has mobilised the Rem Etive, complete with work class ROV, air diving spread and associated diver tooling to undertake the IRM works around the platform, oil export pipeline and CALM Buoy. Cal Dive International has been subcontracted to provide the air diving services.
Bidding for PNG’s Offshore Oil Leases On
The Papua New Guinea Government received confirmation of global interest in bidding for 15 exploration blocks in the Gulf of Papua when 60 executives from more than 30 international oil and gas companies attended their inaugural road show in Singapore. The companies included the big British Gas Group, ChevronTexaco, CNPC of China, Hunt Oil Company, Korea Gas Corporation, Mitsubishi, Nippon, Pearl Energy Ltd, Petronas, Premier Oil, Repsol and Singapore Petroleum. Sir Moi told the audience that the area was selected because of their newly recognised prospectivity and proximity to onshore discoveries as well as finds in the offshore Papuan sedimentary basin.
