Search for Offshore

22.10.2013 China’s CNOOC to Develop Brazil Field as Part of Consortium

CNOOC Limited (the “Company”, NYSE: CEO, SEHK: 00883, TSX: CNU) announced on October 22 that the Company, as part of a consortium comprised of Petrobras, Shell, Total and CNPC, has been awarded a 35-year production sharing contract to develop the Libra pre-salt oil disco

22.10.2013 Brazil Sells Rights to Develop Libra Field

Royal Dutch Shell Plc, Total SA and two Chinese firms are part of the Petrobras-led consortium that secured the right to develop Brazil’s largest offshore oil field at Monday’s single-bid auction in Rio de Janeiro, the Venezuelan newspaper Latin American Herald Tribune r

21.10.2013 Lebanon Makes New Oil Discovery

Lebanon's interim Energy Minister Gerbran Bassil said new oil discoveries have been made off the coast of Beirut and Mount Lebanon, UPI reported on October 19.

18.10.2013 Ukraine Offshore Production Sets Record

Daily Ukrainian offshore gas production has peaked both in the Black Sea and the Sea of Azov, Chornomornaftogaz has said.
Currently, about 4.97mn cubic metres of gas is extracted offshore per day.

18.10.2013 Azarov Says Eni and EDF to Invest $4bn in Ukrainian Offshore Fields

The Ukrainian government plans to discuss a draft resolution providing for the start of a project to produce oil and gas in the Black Sea.

18.10.2013 Brazil Army To Help Beef Up Security of Oil Auction

The Brazilian army will help beef up security of Monday's planned auction of exploration rights to the Libra offshore oil area, the country's Defense Ministry said.

17.10.2013 Gazprom to Launch Sakhalin-3 Offshore Project

Russian gas giant Gazprom will officially launch the Kirinskoye field of the Sakhalin-3 project on the Sea of Okhotsk’s shelf at the end of October, Prime has cited Vadim Petrenko, director of the company’s department for sea fields’ development, as saying at an industry

16.10.2013 Kosmos Energy Finalizes Agreements with BP on Agadir

Kosmos Energy announced on October 15 that it has entered into three farm-out agreements with BP pl

15.10.2013 No Oil Found in Israeli Coastal Well

Israeli oil drilling company Shemen Oil and Gas Resources Inc. said late Sunday that a promising offshore well in the Mediterranean Sea does not contain any oil, The Times of Israel reported on October 14.

09.10.2013 Sovkomflot to Start Offshore Drilling

The shipping company Sovkomflot is considering the implementation of offshore drilling projects in a JV with foreign partners, deputy transportation minister Viktor Olersky has said. Olersky sits on Sovkomflot's board.