Continental Focus, International Reach

Latest News

Less than Stellar Results for Ophir on Tanzania Wells

Ophir Energy completed drilling the Tende-1 well on the East Pande concession in Tanzania. The well was drilled to a total depth of 4,153 meters in 781 meters of water using the Deepsea Metro 1 drillship. While gas traces were encountered in the upper strata of the primary objective, Ophir said that wireline logs confirmed […]

November 24, 2014 Read More

Algeria and Turkey Sign Gas Accord

Algeria and Turkey have signed a new natural gas deal according to reports out of Turkey. The deal is between Algeria’s state-run oil and gas firm Sonatrach and Turkey’s state-owned oil and gas pipeline company BOTAS. Turkey’s President Recep Tayyip Erdoğan praised the agreement between the two companies who extended their gas accord for another […]

November 24, 2014 Read More

CGG Now Open to Sale

Just a short time after rejecting an offer from France’s Technip, seismic firm CGG said it is considering putting itself on the market. On November 22  CGG issued a statement confirming it had been approached by Technip, it rejected the offer however, saying it “considered that the conditions to pursue were not met.” Technip had […]

November 24, 2014 Read More