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The Government of Senegal has decided to rename the country’s first offshore oil development, the SNE field, to the Sangomar field. Source: FARWoodside is the operator of the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture, which includes the SNE field, with a 35% interest. Woodside’s partners are Cairn Energy, FAR, and …
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Italian helicopter supplier Leonardo has informed that Petroleum Air Services of Egypt will add a sixth AW139 intermediate twin helicopter to its fleet by year-end. The aircraft will be used to perform offshore transport operations in Egypt. Source: LeonardoPetroleum Air Services is an Egyptian joint stock company. The shareholders are Egyptian General Petroleum Corporation and …
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A fire broke out in the engine room of the Shearwater-owned seismic vessel Polar Marquis on Monday, November 11, 2019. Polar Marquis vessel; Source: Shearwater The vessel is owned by seismic services provider Shearwater GeoServices and managed by offshore vessel owner GC Rieber Shipping. GC Rieber informed on Tuesday that the fire had occurred in …
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Anglo African Oil & Gas plc has reached an agreement to source a drilling rig for a well at its Tilapia field offshore the Republic of the Congo. Aerial view of AAOG Congo site / Image AAOGThe Tilapia field is located 1.8 kilometers offshore of the Republic of the Congo, located in the Lower Republic …
French oil major Total is set to drill up to three exploration wells in Block 11B/12B offshore South Africa. The first exploration well is slated for the first quarter of 2020. Deepsea Stavanger; Source: PSA Total’s partner in the block, Africa Energy, said last week that Total would drill up to three exploration wells in …
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Vaalco Energy has started its 2019/2020 drilling campaign and spud the Etame 9P appraisal wellbore at the Etame field offshore Gabon. Topaz Driller; Source: VantageVaalco last month said it would start its Gabon drilling campaign during September, using the Topaz Driller jack-up rig. Vaalco said in an update on Friday, September 13 that drilling of the …
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by  Bloomberg | Tina Davis | Some U.S. oil companies are positioned to gain from the attacks on Saudi Arabia's facilities over the weekend and an attendant rise in crude prices. (Bloomberg) -- Some U.S. oil companies are positioned to gain from the attacks on Saudi Arabia’s facilities over the weekend and an attendant rise …
Continue reading "US Oil Firms Set to Gain from Saudi Disruption"
by  Bloomberg | Arsalan Shahla and Verity Ratcliffe Iran said that it will release a UK-flagged oil tanker it has detained for nearly two months. (Bloomberg) -- Iran said that it will release a UK-flagged oil tanker it has detained for nearly two months, a conciliatory gesture as the fallout from the weekend’s attack …
by  Bloomberg | Serene Cheong and Dan Murtaugh Oil posted its biggest ever intraday jump to more than $71 a barrel after a strike on a Saudi Arabian oil facility removed about five percent of global supplies. (Bloomberg) -- Oil posted its biggest ever intraday jump to more than $71 a barrel after a strike …
Oil held its biggest loss in a week as signs that growth is slowing in major economies overshadowed the longest run of declines in U.S. crude stockpiles since the start of 2018. (Bloomberg) -- Oil held its biggest loss in a week as signs that growth is slowing in major economies overshadowed the longest run …
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