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Ocean Rig to Drill for Statoil in East Africa

Ocean Rig signed a new contract for a one-well drilling program in East Africa. The company will be drilling a well offshore Tanzania for Statoil using the Ocean Rig Poseidon.The contract is expected to commence in Q1 2018.In addition, the ...

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Technology

FTG Surveys to Zero-In on Prospects

testFull Tensor Gravity Gradiometry surveys offer exploration alternatives to assist operators ‘zero in’ on the most prospective regions to shoot their seismic programs … Read more

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  • Boko Haram’s Resurgence

    A recently released report drafted by the United States’ Department of State is making waves in Nigeria, with some politicians and media outlets seizing upon the contents to critique the Nigerian government’s fight against terrorism…Read More

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  • Oil and Gas Assets Require: Unique Financial Management System

    Oil and gas asset financial management is unique in nature. It is not like other businesses, as in this business producers must work by following the exploration and licensing policy of host governments. Because oil and gas are considered national resources, operator produces and shares the profit with the host government. Identifying potential investment risks […]

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