Latest News
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26 Apr 24
Australia: Falcon Oil & Gas announces Shenandoah South-1H well IP90 day flow rates of 2.9 MMcf/d (normalised to 5.8 MMcf/d)
Falcon Oil & Gas has announced that the Shenandoah South 1H (SS-1H) well in EP117 achieved above commercial IP90 flow rate of 2.9 MMcf/d (normalised to 5.8 MMcf/d over 1,000 metres). -
26 Apr 24
Egypt: TAG Oil commences flow back of BED4-T100 horizontal well
TAG Oil has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 well location within the Badr Oil Field ('BED-1'). A further update will be provided in due course on the well tie-in and facilities configuration after production volumes have been established. -
26 Apr 24
Brazil: PGS reveals comprehensive data coverage on nominated blocks in Santos Basin
PGS offers comprehensive data coverage of several blocks newly approved for licensing in the Santos Basin. The Amazonita, Safira Oeste, and Safira Leste blocks, which lie in one of Brazil's most prolific offshore basins, have been approved by both ANP and CNPE for the upcoming Permanent Offer Sharing Round. -
26 Apr 24
TotalEnergies announces first quarter 2024 results
TotalEnergies announces first quarter 2024 results. The Company announced first quarter 2024 adjusted net income of $5.1 billion and cash flow of $8.2 billion, in line with its ambitious 2024 objectives. -
26 Apr 24
Trinidad: Trinity Exploration provides Q1 2024 operational update
AIM-listed Trinity Exploration & Production, the independent E&P company focused on Trinidad and Tobago, has provided an update on operations for the three-month period ended 31 March 2024. -
25 Apr 24
GeoPark announces Q1 2024 operational update
GeoPark, a leading independent Latin American oil and gas explorer, operator and consolidator, has announced its operational update for the three-month period ended March 31 2024. -
25 Apr 24
Kazakhstan: Tengizchevroil starts WPMP operations at Tengiz oil field in Kazakhstan
Chevron has announced that its 50 percent owned affiliate Tengizchevroil (TCO) has safely commenced operations at its Wellhead Pressure Management Project (WPMP) at the Tengiz oil field in Kazakhstan. This marks important progress for TCO’s overall expansion project at Tengiz. -
25 Apr 24
Turkey: Trillion Energy announces 2023 year end reserve report
Trillion Energy International has provided a summary and highlights of its December 31, 2023 year-end reserve report. Total proved plus probable conventional natural gas reserves increased to 55.75 Bcf up from 42.5 Bcf (2022), an increase of 31% from 2022. Total proved plus probable oil reserves of 240 Mbbl of oil for Cendere oil field compared to 252 Mbbl of oil in 2022. -
25 Apr 24
Hess reports estimated results for the first quarter of 2024
Hess Corporation has reported net income of $972 million in the first quarter of 2024, compared with net income of $346 million in the first quarter of 2023. The increase in after-tax earnings compared with the prior-year quarter primarily reflects higher production volumes in the first quarter of 2024. -
25 Apr 24
CNOOC Limited achieves strong growth in both net production and net profit in Q1 2024
CNOOC Limited has announced its operating results for Q1 2024. During the quarter, CNOOC Limited recorded a total net production of 180.1 million barrels of oil equivalent ('BOE'), representing an increase of 9.9% year-on-year ('YoY'). The net production from China grew by 6.9% YoY to 123.2 million BOE. Overseas net production rose by 16.9% YoY to 56.9 million BOE, which was mainly driven by increased production from Guyana and Canada. -
25 Apr 24UK: PBS announces contract extension with TotalEnergies
PBS has secured an extension to the General Maintenance and Operations Contract (GMOC) awarded by TotalEnergies in 2020 to cover its North Sea assets. GMOC services have been extended through to May 2026. -
25 Apr 24
Taiwan: Ørsted inaugurates the Asia-Pacific region’s largest offshore wind farms
Ørsted has announced the inauguration of the Greater Changhua 1 and 2a offshore wind farms in Taiwan. With a total installed capacity of 900 MW, the two offshore wind farms are in operation and fully connected to the grid, making them the largest of their kind in Taiwan and in the Asia-Pacific region. -
25 Apr 24
Soiltech wins contract with Odfjell Drilling on Deepsea Stavanger
Odfjell Drilling has awarded Soiltech a contract for the treatment of contaminated water on the sixth generation and harsh environment semi-submersible Deepsea Stavanger. Under the contract, Soiltech will provide its Slop Treatment Technology, which is a market leading solution for waste reduction by treating water contaminated with oil and particles. -
25 Apr 24
Angola: Afentra receives government approval of Azule acquisition
Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, has received approval from the Government of Angola for the previously announced acquisition of a 12% non-operating interest in Block 3/05 and a 16% non-operating interest in Block 3/05A from Azule Energy Angola Production.
