Woodside has acquired a 40% participating interest in an exploration, exploitation and production sharing contract (EEPSC) for Block F15 in the Gabon Coastal Basin. Block F15 is located 140 km off the south-western coast of Gabon and covers over 2,700 km². Water depths range from 2,300 to 3,000 m.
The Spanish government has given Repsol the green light to begin a $7-billion oil exploration project off the Canary Islands. Industry Ministry Jose Manuel Soria said last month that Repsol would start prospecting three months after approval was granted.
Recent news headlines on the LNG sector in Australia seem to be centered around its unsustainable rising costs. Woodside Petroleum had to ditch plans last year for its Browse LNG plant, which had gone way over budget at an estimated cost of US$80bn.
Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, informed that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has signed a farm-out agreement with a wholly owned subsidiary of Woodside…
Farstad Shipping ASA reports the following charter contracts, with a total value (including options) of approximately NOK 1.75-billion, as follows: Inpex has awarded contracts to AHTS Far Sword (2006, UT 712 L, 14.700 BHP) and AHTS Far Stream (2006, UT 712 L, 14.700 BHP).