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Latest News

  • Australia
    Permit EP 412
    27 Feb 2015 - Bounty will retain a 100% interest in EP 412 following the termination of its agreement with Empire to acquire Empire's Carnarvon Basin interests.
  • Angola
    Permit Block 20 (20/11)
    27 Feb 2015 - Cobalt is open to a variety of offers ranging from solely offloading a stake in Cameia Field to farming out interests in its 3 pre-salt blocks off Angola (blocks 9, 20 & 21) possibly including the operatorship.
  • USA - Gulf of Mexico
    Field Lucius
    27 Feb 2015 - Chevron will tie back its Buckskin Field to Anadarko's Lucius spar, having decided not to pursue a standalone development of the field. Chevron has not yet made ­final investment decision for the development, but the companies have agreed in principle on the plan.
  • Myanmar
    Field Yadana
    27 Feb 2015 - Total is installing a compression platform to help the field cope with falling reservoir pressure.
  • India
    Field Bombay High South (BHS) (Mumbai High South) (MHS)
    27 Feb 2015 - At least 3 contractors, Larsen & Toubro, NPCC & Swiber , are vying for the Phase 3 redevelopment project involving 3 wellhead platforms & associated facilities. Bids for the project are likely to be submitted in Mar 2015.
  • Myanmar
    Permit Block AD-5 (AD5)
    27 Feb 2015 - BG Group and partner Woodside are finalising PSCs for offshore blocks AD-2, A-4, AD-5 and A-7. They have committed to a 3D seismic acquisition programme in each block, which is expected to begin in 2015 following an environmental and social impact assessment. BG has already commissioned a third party human rights impact assessment specific to Myanmar before carrying out any activities.
  • Australia
    Field Barossa (ex Lynedoch)
    27 Feb 2015 - Concept evaluation and pre-FEED studies are progressing in parallel with the drilling programme. The option of building a new LNG gas train at the Darwin LNG site is being considered.
  • Brazil
    Field Peregrino (ex Chinook)
    27 Feb 2015 - Following sanction of Phase 2 in Dec 2014, partners submitted the Plan of Development to ANP on 30 Jan 2015. Current solution consists of a WHP with drilling unit tied-back to the FPSO Peregrino. Facilities contains standalone power generation & will export power to WHP-A.