来自/Offshore Energy Today 9月22日消息 编译/赵美园石油圈原创www.oilsns.com
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Oil and gas exploration firm Hyperdynamics, with an offshore block in Guinea, has received a notice of a Presidential Decree signed by the President of the Republic of Guinea, Alpha Conde, implementing the recently agreed terms for an offshore block in the country.
To remind, Hyperdynamics signed the Second Amendment to its Production Sharing Contract approved by the government on September 15, 2016, subject to the president’s approval. “The signature by Guinea’s President Conde implementing the Second Amendment to our Production Sharing Contract is the final step that clears the way for Hyperdynamics to resume exploration of Guinea’s vast and largely untested hydrocarbon resource potential as Operator and 100% owner of our concession,” said Hyperdynamics President and Chief Executive Officer Ray Leonard. The Second Amendment extends the term of the Production Sharing Contract through September 22, 2017.
Hyperdynamics retains an area of 5,000 square kilometers in the Guinea offshore. The company is obligated to drill one exploratory well with a projected start date of April 2017, with additional wells optional.
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No Relief: Tanks Continue To Fill. William Edwards writes, "A little more than a year ago I submitted a post alerting the industry to an ominous over-production situation." Today, "[T]anks are about 240 million barrels closer to running over than they were as we began last year." [Oilpro]
Oil Prices Ease Early Thursday. Oil futures slid after setting a 2016 high on Thursday as traders locked in profits. Government data on Wednesday showed that U.S. crude stocks climbed 2 million barrels last week to an all-time peak of 540.6 million barrels. [Reuters]
Wood Group Bags $500mn EPCM Contract From BP. Wood Group has won a new five year contract with BP-operated projects, valued at $500 million, to deliver services to eight facilities, offshore Azerbaijan. [Wood Group]
Subsea 7 Stacks 2 More Vessels. UK-headqartered subsea specialist Subsea 7 has revealed that it has stacked an additional two vessels and let go of an additional chartered vessel during the first quarter of 2016. [Splash 247, Oilpro]
Key Wednesday Earnings
ConocoPhillips Cuts Spending Again On Reduced Deepwater Activity. The company has reduced its 2016 capital expenditures guidance from $6.4 billion to $5.7 billion, primarily driven by reduced deepwater exploration activity, deferrals and lower costs across the portfolio. [ConocoPhillips]
NOV Sees Better Days Ahead. CEO Clay Williams said, "Better days lie ahead. Our strong financial resources enable us to continue to invest in new technologies, products and acquisitions that better position us for the inevitable upturn.” [National Oilwell Varco]
Technip's 1Q Better-Than-Expected. "Technip’s performance in the first quarter illustrates well our areas of focus in this unprecedented environment. We can secure early stage engagement with our clients and drive their project costs down through the application of technology, simplicity and standardization," CEO Thierry Pilenko said. [Technip]
Hess To Reduce Bakken Rig Count To 2, Utica Count To Zero. Bakken-focused Hess Corp said that production from its U.S. onshore portfolio was up in 1Q16 versus 4Q15 despite a reduction in rig activity. Overall, though, production was slightly lower to 350,000 boepd in the first quarter, from 355,000 boepd last year. [Oilpro]
Aker Solutions Reports 33% Net Profit Drop. Aker said its greatest growth potential is outside of Norway, where the company has been expanding. The company's tendering activity remains steady and currently totals more than NOK 40 billion. [Aker Solutions]
Ensco Achieves Operational Utilization Of 99% For Rig Fleet. CEO Carl Trowell said, “Notwithstanding very challenging market conditions, we continued to set new company records by achieving operational utilization of 99% for our rig fleet and a total recordable incident rate of 0.23 reflecting excellent safety performance." [Ensco]
Meet Senior Energy Advisor, Mark Harrington, #HUMANSofOG. He writes, "During times as we have now, many believe in the 'Acquire, Fire and Flip' approach. They missed the boat. The most important asset is the people who create value." [Oilpro]
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CAPE TOWN 6月6日消息(路透社) --- 赤道几内亚正式开始新一轮石油勘探授权环节,此次授权环节既包含陆上区块,也包含海洋区块。
授权环节截止日期为2016年11月30日,几内亚希望在当今油价低迷的情况下通过此次授权推动勘探活动发展。
此次授权环节共涉及37个区块,其中32个区块为海洋区块,包括Marathon Oil公司最近放弃开发的Block A-12,以及曾由Glencore公司运营的EG-05区块。石油圈原创www.oilsns.com
来自/Rig Zone 6月6日消息 编译/赵宁
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CAPE TOWN, June 6 (Reuters) - Equatorial Guinea officially launched its latest oil exploration licensing round, with onshore and offshore blocks available in one of Africa's top oil producers.
The round will close on Nov. 30, said Mercedes Milam, the director general of hydrocarbons, as the former Spanish colony looks to boost exploration amid globally low oil prices.
"The EG Ronda 2016 makes available all acreages not currently operated or under direct negotiation," the ministry said at a news conference later.
In total 37 blocks are available, 32 of them offshore and including Block A-12, newly relinquished by Marathon Oil.
"Also open is the former EG-05 block which was once operated by Glencore. EG-05 was then split into four prospective offshore licences which have never been drilled," the ministry said.
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