1. Homepage
  2. Equities
  3. Norway
  4. Oslo Bors
  5. Spectrum ASA
  6. News
  7. Summary
    SPU   NO0010429145

SPECTRUM ASA

(SPU)
Real-time Oslo Bors  - 
0.000000 NOK    0.00%
2019SPECTRUM : is Now TGS
PU
2019SPECTRUM ASA : Ex-dividend day for final dividend
FA
2019STOCK EXCHANGE ANNOUNCEMENT : Spectrum to be acquired by TGS in an all share transaction
PU
SummaryNewsCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Spectrum : Gabon Opens 12th Offshore Licensing Round in Cape Town Announcement

11/07/2018 | 03:58am EDT

The Republic of Gabon has announced the opening of its highly-anticipated 12th Shallow and Deep Water Licensing Round at the 25th Africa Oil Week in Cape Town.

H.E. Pascal HOUANGNI AMBOUROUE, Minister of Oil and Hydrocarbons, made the announcement during a special session within the main auditorium of the Africa Oil Week event on Wednesday 7 November 2018. This announcement was followed by a technical and fiscal workshop to detail the new petroleum code, the license round and associated terms. The Minister also released information on available blocks, the improved fiscal terms, round timings and conditions of the 12th Gabon Licensing Round.

Provisional dates and venues of follow-up global licence round Road Shows, supported by Spectrum, are as follows:

  • 6 December 2018 - Houston, TX, USA
  • 15 January 2019 - London, United Kingdom
  • 19 February 2019 - Singapore, Singapore
  • 26-28 March 2019 - APPO Cape VII Conference, Malabo, Equatorial Guinea

The license round is due to close on 22 April 2019.


2018 Seismic for Block Evaluation
Spectrum, in collaboration with the Direction Générale des Hydrocarbures (DGH) has undertaken a number of shallow water 3D seismic surveys across the open blocks available in the 12th License Round. This data provides the industry with state of the art 3D broadband data. A variety of plays are targeted to allow a new generation of oil exploration in these prolific basins.

Seismic has been acquired in both north and south of the country. The 11,500 km2 southern survey, now complete, is the definitive dataset to image the pre-salt and, for the first time, intra syn-rift plays can be targeted. In the North, acquisition of a 5,500 km2 3D survey images pre and post-salt targets.

Data is available now for License Round evaluation facilitating immediate activity when the blocks are awarded.

Disclaimer

Spectrum ASA published this content on 07 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 November 2018 08:57:01 UTC


© Publicnow 2018
All news about SPECTRUM ASA
2019SPECTRUM : is Now TGS
PU
2019SPECTRUM ASA : Ex-dividend day for final dividend
FA
2019STOCK EXCHANGE ANNOUNCEMENT : Spectrum to be acquired by TGS in an all share transaction
PU
2019SPECTRUM : Lebanon Officially Confirms 2nd Offshore License Round
PU
2018SPECTRUM : New Brazil Potiguar Basin Multi-Client 3D Survey
PU
2018SPECTRUM : Somalia Announce Dates for First License Round
PU
2018SPECTRUM : Argentina Offshore License Round Opens
PU
2018SPECTRUM : Gabon Opens 12th Offshore Licensing Round in Cape Town Announcement
PU
2018SPECTRUM : Gabon to Offer Offshore Blocks in 12th Round
PU
2018SPECTRUM : Subsalt 3D Imaging Reveals Significant Untested Potential in North Gabon
PU
More news
Sector and Competitors
1st jan.Capi. (M$)
SPECTRUM ASA49.32%349
SCHLUMBERGER LIMITED37.30%61 924
BAKER HUGHES COMPANY48.42%35 159
HALLIBURTON COMPANY67.60%34 573
TENARIS S.A.66.67%19 364
NOV INC.38.82%7 389