Page 13: of Offshore Engineer Magazine (Dec/Jan 2013)

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Global Briefs its subsidiaries will pur- chase the Peruvian assets of

Petrobras for US$2.6billion (HK$20.16billion). The

PetroChina companies will

I take over two three blocks in Peru, two wholly owned

R by the Brazilian state-run

G

Petrobras, and one jointly

E F owned Petrobras and Repsol

Exploración Perú S.A.

Q

M

Pura Vida enters Madagascar

Australia’s Pura Vida has agreed a farm-in deal giving it

U a 50% stake in the Ambilobe

T area offce Madagascar, east

S

Africa. The frm has also

P fnalized a farm-out deal

O

N offshore Morocco. Sterling

M

Energy will retain 50% interest and operatorship.

Pura Vida says the Ambilobe block has a variety of plays, relating to salt, with poten- tial for large oil discoveries.

New seismic data will now be acquired in the area.

N

Exxon gets

K

Papa Terra Madagascar extensions than 40 North Sea blocks. rocks from the Middle to Late starts production

Both companies plan to start Triassic (the Snadd formation). ExxonMobil Corp. has drilling operations in the Reservoir rocks were encoun- Chevron Corporation’s received extensions on three basin in late 2014. tered in the Kobbe and Snadd Brazilian subsidiary and of its production sharing formations, but with poorer Petrobras have started crude contract licenses offshore

I

Wisting Alternative than expected properties. oil production from Papa- Madagascar, the company wildcat classifed dry Terra’s foating production, announced on 6 November

J

A wildcat well drilled 5km storage and offoading ves- 2013. The supermajor said

Shell consortium wins 35-yr PSC for Libra pre-salt northwest of the recent sel (FPSO) offshore Brazil. the extensions will enable

Wisting Central oil discov- A consortium of companies, Papa-Terra is about 110km the resumption of explo- ery in the Barents Sea has including Royal Dutch Shell southeast of Rio de Janeiro ration activities on the been classifed as dry, says plc, Petrobras, Total, CNPC in about 3900ft water depth Ampasindava, Majunga and the Norwegian Petroleum and CNOOC, won today a (1,190m), and is a heavy oil Cap Saint Andre licenses.

Directorate. Well 7324/7-1 S, 35-year production sharing development within Block

O

Cobalt International known as Wisting Alternative, contract to develop the giant BC-20 of the southern Campos strikes offshore Angola is in production license 537 Libra pre-salt oil discovery basin. Papa-Terra has installed and was operated by OMV located in the Santos Basin, capacity to produce 140,000 Cobalt International Energy (Norway) AS. It was target- offshore Brazil. The Brazilian bbl/d. has made two discoveries at ing petroleum in the Middle regulator, Agência Nacional its Lontra #1 and Mavinga #1

L

PetroChina buys

Triassic reservoir rocks (the do Petróleo (ANP), estimates deepwater pre-salt explor- out Petrobras in Peru

Kobbe formation). A second- Libra’s recoverable resources atory wells offshore Angola. ary exploration target was to at 8 billion to 12 billion bbl Beijing-based PetroChina Co. On Block 20, the Lontra #1 prove petroleum in reservoir of oil. Ltd. announced that two of well confrmed an oil and oedigital.com December 2013 | OE 15 014_1213OE_GlobalBriefs.indd 15 11/22/13 2:29 PM