Tag Archive

10th Eni Award 2017

10th Eni Award 2017

October 6, 2017 No Comments

The award ceremony was held today, at the Palazzo Quirinale, in the presence of Italian President Sergio Mattarella, Eni chairman Emma Marcegaglia and chief executive Claudio Descalzi, for the 10th edition of the Eni Award. The award is a demonstration of the Eni commitment to innovation and scientific research and, over the years, it has […]

ION extends new 2D multi-client program offshore Panama

ION extends new 2D multi-client program offshore Panama

October 3, 2017 No Comments

ION Geophysical Corporation (NYSE: IO) announced an approximate 50% extension to its previously announced program offshore Panama due to strong client interest and prefunding to evaluate offshore Panama in advance of the anticipated license round. The client-driven survey provides a regional framework typical of BasinSPAN™ programs to evaluate the geology of the Panamanian offshore, while […]

Gazprom Neft Begins Full-Scale Hydrocarbon Prospecting

Gazprom Neft Begins Full-Scale Hydrocarbon Prospecting

September 19, 2017 No Comments

Gazprom Neft has begun geological investigations in Paleozoic hydrocarbon deposits in the Tomsk Oblast. Thus far, the complex structure of the pre-Jurassic complex has not been deemed an independent geological prospect, investigations into which demand the modification of traditional prospecting methodologies. The aim of this project — the first of it’s kind in Russia — […]

Bell Geospace To Undertake FTG Survey For Simba Energy

Bell Geospace To Undertake FTG Survey For Simba Energy

September 13, 2017 No Comments

Bell Geospace, the world leader in Gravity Gradiometry, has signed a contract to acquire airborne survey data for oil exploration business, Simba Energy. The contract will see Bell Geospace fly FTG surveys across 12,000km2 onshore in the Republic of Guinea’s Bove basin and 1,366km2 of the onshore coastal strip of Liberia lying within the known […]

Second 3D multi-client reimaging program offshore Mexico

Second 3D multi-client reimaging program offshore Mexico

August 9, 2017 No Comments

ION Geophysical Corporation (NYSE: IO) recently announced a new 3D multi-client broadband re imaging program offshore the Western Gulf of Mexico using the Mexican National Hydrocarbons Commission (CNH) data library. The Mexican Ridges 3D reimaging program is fully supported by industry funding and contains eight surveys covering approximately 28,800 sq km over the Mexican Ridges […]

Cairn announce results SNE North-1 exploration well offshore Senegal

Cairn announce results SNE North-1 exploration well offshore Senegal

August 7, 2017 No Comments

The well encountered oil and gas in the primary objective and oil in the deeper secondary objective, in a separate accumulation to the SNE field. Further work is being undertaken to establish the potential commerciality of this discovery and to integrate the results with the block wide data gathered to date. The well result has […]

Rosneft Announce Financial results for 2Q 2017 and 1H 2017

Rosneft Announce Financial results for 2Q 2017 and 1H 2017

August 4, 2017 No Comments

In 2Q 2017 revenues amounted to RUB 1,399 bln (USD 25.3 bln), remaining almost unchanged Q/Q. The negative effect from weaker oil pricing was offset by higher crude oil sales volumes (+15.7% Q/Q). In H1 2017 revenues was at RUB 2,809 bln, rising by 23.2% Y/Y. Revenues in USD terms (50.1 bln) increased by almost […]

NNPC R&D Collaborates with Halliburton

NNPC R&D Collaborates with Halliburton

July 19, 2017 No Comments

A new vista has been added to the ongoing search for commercial hydrocarbon in the inland sedimentary basins by the Research and Development Division of the Nigerian National Petroleum Corporation (NNPC), following ongoing collaboration with the US based Halliburton Corporation to achieve the exact location of viable crude oil deposits. Group General Manager in charge […]

Premier Oil Announce new oil discovery offshore Mexico

Premier Oil Announce new oil discovery offshore Mexico

July 14, 2017 No Comments

Premier, together with its joint venture partners Talos Energy (Operator) and Sierra Oil & Gas, announced that the Zama-1 exploration well in Block 7, offshore Mexico, has made a world class oil discovery. The Zama-1 well is the first offshore exploration well drilled by the private sector in Mexico’s history. Premier holds a 25 per […]

Alta appraisal well successfully completed

Alta appraisal well successfully completed

July 13, 2017 No Comments

The drilling of appraisal well 7220/11-4 (Alta-4) close to the Alta discovery well in PL609 has been successfully completed. A production test proved good reservoir properties. DEA Norge is partner in PL609, with a share of 30%. “We are pleased with the results of this well, that further develops our understanding of the Alta reservoirs […]

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