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December 18, 2007







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Hyperdynamics looks ahead in Guinea

Gene Kliewer,
Technology Editor


Guinea will no longer be one of the largest undeveloped offshore exploration areas in West Africa when Hyperdynamics completes its current plans for development of its 31,000 sq mi (80,290 sq km) holdings.

Building on legacy data, Hyperdynamics plans to conduct a 12,000 km (7,456 mi) grid of 2D and 3D seismic surveys in 2008 to investigate some 25 known prospects and to define some sound drilling prospects, says Kent Watts, CEO.

“We are looking to acquire additional seismic as quickly and as reasonably as possible. This is the largest concession off West Africa, Hyperdynamcis has the exclusive production sharing contract for it, and we want to move forward,” he says. “We would like to have prospects to drill this year.”

Expectations are high as this area is part of the Transform Margin play all along the western coast of Africa which has recorded nearly 40 discoveries to date.


:: SPECIAL REPORTS
:: Liberia opens offshore bidding
A second round of offshore licensing has opened in Liberia with 10 blocks of 3,000 sq km (1,158 sq mi) area to 3,000 m (9,842 ft) depth, according to reports citing the National Oil Co. of Liberia.

:: SuperNova to explore off Guinea-Bissau
SuperNova has signed a five-year deepwater exploration agreement with Petroguin, guinea-Bissau's national oil company.

:: Drilling set for offshore Namibia
EnerGulf Resources Inc. and partners have established a location offshore Namibia in block 1711 to drill the Kunene #1 well using the drillship Deep Venture.


:: TECHNOLOGY & INNOVATION
:: Floating liquefaction may come to Nigeria
FLEX LNG Ltd. has signed a memorandum of understanding with Peak Petroleum Industries Nigeria Ltd. for joint development of Bilabri and Orobiri natural gas reserves using the FLEX floating faculty concept.

:: East Africa geochemical screening agreement reached
W.L. Gore & Associates Inc. and Upstream Petroleum Service Ltd. have agreed to cooperatively provide geochemical screening tools to East Africa and the western Indian Ocean.

:: ExxonMobil signs Libya exploration agreement
Exxon Mobil Corp. has signed a heads of agreement for an Exploration and Production Sharing Agreement with Libya's National Oil Corp. to explore offshore Libya in the Sirte basin.


:: EQUIPMENT & ENGINEERING
:: BJ Tubular Services secures West Africa work
CNR International has contracted BJ Tubular Services to provide a range of well services offshore Cote d'Ivoire, Africa.

:: Acergy secures subsea contract
Acergy S.A. has been awarded a $670-million contract for the engineering, procurement, fabrication, and installation of an export line, rigid in-field pipelines, riser, manifolds, and control umbilicals.

:: Cecon wins Angola pipelay contract
Cecon ASA has won a NOK 170-million ($31.56-million) contract from Angola Drilling Co. for almost 30 km (18.6 mi) of pipelines.

:: TRENDS & STATISTICS
:: Armada Perkasa FPSO heads for Nigeria
The Armada Perkasa FPSO has left Singapore and is scheduled to arrive at Okoro Setu offshore Nigeria in February 2008.

:: Total hits in deepwater off Congo
Total has a discovery in 2,120 m (6,955 ft) of water at Mer Tres Profonde Sud 185 km (115 mi) offshore Republic of Congo.

:: Angola LNG project moves forward
Partners in an Angola LNG project fed by offshore gas production have decided to proceed with the project.

:: GLOBAL UPDATE
:: Saipem to build deepwater field development ship
Saipem plans to build a $547-million deepwater field development ship, Saipem FDS 2.

:: Keppel to convert world's first FDPSO
Keppel Shipyard has been awarded a $100-millon contract by Prosafe Production to convert a tanker into an FDPSO.

:: PA Resources joins Mer Profond Sud permit in Congo
PA Resources AB has acquired 35% of the Mer Profond Sud exploration permit and also the Azurite field offshore the Republic of Congo from Murphy West Africa Ltd.

:: OFFSHORE MAPS & SURVEYS


:: OFFSHORE SPONSORED EVENTS


Deepwater Operations Conference & Exhibition
November 4-6, 2008
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Perth
Australia
http://doti08.events.pennnet.com/fl/

Deep Offshore Technology International Conference and Exhibition
February 3-5, 2009
New Orleans, LA
United States
http://www.dotinternational.net

Click here for a full calendar of industry events.




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