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Latest News

  • Morocco
    Permit Mazagan Offshore
    17 Dec 2014 - Review of prospects across the permit has led the JV to reprioritise first well location to drill a series of stacked targets collectively called the Ouanoukrim Prospect. The well has been named MZ-1.
  • Australia
    Refinery Kwinana
    17 Dec 2014 - WorleyParsons has been awarded regional preferred status framework agreements for BP’s Downstream business. Contract is for WorleyParsons to provide EPCM services. This multi-year agreement also includes contract for onsite improve relationship at the refinery which WorleyParsons has held since 2008.
  • *International
    Acquisition / Merger HitecVision equity changes
    16 Dec 2014 - HitecVision is establishing a new oil service group under the name Global Maritime Group by merging 5 companies in its portfolio. The 5 companies are: Global Maritime (consultancy), Marine Contracting (engineering), Deep Sea Installation (engineering), Vryhof Anchors (anchors and mooring equipment) and Deep Sea Mooring (mooring solutions).
  • USA - Alaska
    Lease Sales *Lease Sales (Alaska State)
    16 Dec 2014 - President Barack Obama is withdrawing the Bristol Bay area (135'000km2) from consideration for oil & gas drilling. The decision announced 16 Dec 2014 under the federal Outer Continental Shelf Lands Act means no leases will be sold for petroleum drilling in the area.
  • *International
    Offshore Unit Platinum Explorer (TMT 1)
    16 Dec 2014 - SKF USA and Vantage Drilling have combined resources to improve the reliability of the deepwater drillships Titanium Explorer and Platinum Explorer. The ships will be equipped with a comprehensive monitoring system for the propulsion and positioning thrusters.
  • Morocco
    Terminal Jorf Lasfar Terminal
    16 Dec 2014 - The plan will allow Morocco to import up to 7Bm3 of gas by 2025. It includes a jetty, terminal & pipelines, with estimated investments of $600M, $800M & $600M respectively.
  • Sudan North
    *Country Info *Regional Drilling
    16 Dec 2014 - Oil minister says the country will drill more than 253 wells in 2015, aiming to boost its energy reserves by 65.4Mb of oil & 300Bcf of gas.
  • Sudan North
    Permit Block 12A
    16 Dec 2014 - Operator has just completed drilling a second well on 12A, which turned up dry.