Exploration

Rosgeo signs deal with Equatorial Guinea for airborne geophysical operations

Rosgeo 1Rosgeo and the Ministry of Mines and Hydrocarbons of Republic of Equatorial Guinea have agreed to cooperate in airborne geophysical operations, 2D and 3D regional seismic survey in transit and deep water offshore zones

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ENOC’s Dragon Oil acquires BP’s Gulf of Suez concessions

Dragon Oil CEO Ali Rashed Al JarwanDubai-based Dragon Oil, a unit of Emirates National Oil Company (ENOC), has acquired BP’s stake in The Gulf of Suez Oil Company (GUPCO Egypt) after obtaining the approval from the Egyptian Ministry of Petroleum and Mineral Resources

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Saipem wins US$6bn onshore LNG project in Mozambique

13692583313 2dedd65257 zItalian oil and gas firm Saipem, in a joint venture with McDermott International and Chiyoda Corporation, has reached an agreement with Area 1 Concessionaires on an EPC contract to engineer and construct an onshore LNG project in Mozambique

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Schlumberger introduces GAIA digital exploration platform

schumbergOilfield services company Schlumberger has introduced the GAIA digital exploration platform at the 81st EAGE Conference & Exhibition in London

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Nigerian minister updates APPO Cape VII on the Petroleum Industry Bill's progress

newpetropicHis Excellency Emmanuel Ibe Kachikwu, Nigeria's minister of state for petroleum, held a press conference at APPO Cape VII, in which he gave an update on the progress of the Petroleum Industry Bill (PIB). Following incumbent president Muhammadu Buhairi's win in this year's elections, Kachikwu confirmed that the bill was with the president and could receive assent by June, when the ninth assembly of the Nigerian parliament convenes

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