As it stands, roughly 12,000 offshore oil and gas rigs pepper the world's coastlines. These platforms typically operate for between 20 and 40 years.

Gippsland Offshore and its L-6 joint venture partner Pancontinental Oil and Gas have completed the 1,240 line km 2-D seismic program offshore Kenya.

Gippsland Offshore Petroleum Limited has decided not to proceed with a proposed takeover of Finder Exploration initially announced to the market on August 27 this year. After an e ...