Daily Archives: November 7, 2018

Giant African fields hard to monetize

Rate this article Exploration over the past decade over sub-Saharan Africa has delivered more giant discoveries than any other region, according to Wood Mackenzie. Read Full Article Here For more great articles: Offshore RSS Feed

ADNOC wins backing for E&P plans

Rate this article Abu Dhabi’s Supreme Petroleum Council has approved ADNOC’s new integrated gas strategy and its plans to increase its oil production capacity to 4 MMb/d by end-2020 and 5 MMb/d by 2030. Read Full Article Here For more great articles: Offshore RSS Feed

Tower awarded new offshore Namibia license

Rate this article Tower Resources Namibia Ltd. has signed a new petroleum agreement with Namibia’s government giving it an 80% operated interest in offshore blocks 1910A, 1911, and 1912B. Read Full Article Here For more great articles: Offshore RSS Feed

Wood, Nobel form Caspian partnership

Rate this article Wood has entered a joint venture with Nobel Oil to provide engineering and operations support services to Azerbaijan’s oil and gas industry. Read Full Article Here For more great articles: Offshore RSS Feed

Worlwide offshore rig count rises in October

Rate this article By Offshore Energy Today The worldwide offshore rig count in October rose by three units compared to October 2017 numbers. According to BHGE’s report released on Wednesday, the worldwide offshore rig count in October… … Read Full Article Here For more great articles: Offshore Energy Today

Solstad’s loss deepens. Dayrates low, recovery slow

Rate this article By Offshore Energy Today Norway’s offshore vessel owner Solstad Offshore has said that the OSV market recovery is slow and the dayrates for the vessels are still not at sustainable levels for the owners. … Read Full Article Here For more great articles: Offshore Energy Today