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01 Sep 14 Chile: ENAP plans to pad drill 55 wells for gas in Tierra del Fuego
Chile's petroleum corporation, ENAP, is planning to drill 55 non conventional new wells in Tierra del Fuego beginning September until the end of 2015, with the purpose of increasing the current production from 450.000 cubic meters per day to a million cubic meters of 'tight' gas.
01 Sep 14 Malaysia: Santos acquires interest in offshore Malaysia deepwater Block S from INPEX
INPEX has announced that through its wholly-owned subsidiary, INPEX Offshore Northwest Sabah, it has reached an agreement to transfer a 25% participating interest in the deepwater Block S to Australia's Santos.
01 Sep 14 Europe drafts emergency energy plan with eye on Russia gas shut-down
The European Union could ban gas exports and limit industrial use as part of emergency measures to protect household energy supplies this winter, a source told Reuters, as it braces for a possible halt in Russian gas as a result of the Ukraine crisis.
01 Sep 14 Brazil: Polarcus strengthens presence in Brazil
Polarcus has entered into a new representation agreement effective 01 September 2014 for the management of Polarcus do Brasil in Rio de Janeiro. Polarcus is now represented by Sinergeo, located on Av. Rio Branco in Central Rio, further strengthening the Company's presence within the important Brazilian market.
01 Sep 14 Algeria: Statoil resuming ordinary operations at In Amenas
19 months after the In Amenas attack, Statoil and the joint venture partners are ready to resume ordinary operations at the plant. The corporate executive committee has decided that ordinary rotation is to be resumed at the plant as all defined security measures have been implemented.
01 Sep 14 Norway: Lundin Petroleum spuds exploration well 33/12-10 S in PL631 on the Vollgrav South Prospect in the northern North Sea
Lundin Petroleum has announced that drilling of exploration well 33/12-10 S in PL631 has commenced. The well will investigate the hydrocarbon potential of the Vollgrav South Prospect in PL631, which is located 150 km west of Florø on the Norwegian west coast and between the giant Gullfaks and Statfjord fields.
01 Sep 14 UK: Siccar Point Energy announces $500 million investment to fund oil and gas exploration, development and production in the North Sea (update)
Siccar Point Energy, a new exploration, development and production company focused on the North Sea, today announced that affiliates of Blue Water Energy and Blackstone Energy Partners have agreed to lead an initial investment of up to $500 million in the Company, including funding provided by GIC.
01 Sep 14 Iraq: KOGAS says starts commercial crude oil production at Iraq's Badra oil field
Korea Gas Corp (KOGAS) has started commercial crude production in Iraq's Badra oil field as planned, the state-run South Korean company said in a statement on Monday.
01 Sep 14 UK: IGas Energy provides operations update ahead of AGM
IGas Energy has provided an update on its onshore UK operations ahead of today's AGM. The Company reports that it will be active in bidding for various blocks in the recently announced 14th Round of onshore licensing.
01 Sep 14 Kazakhstan: Roxi Petroleum provides further update on the deep discovery at BNG
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, has provided a further update on the deep discovery at its flagship BNG asset. Based on additional drilling and mud logging, the thickness of the gross oil-bearing interval is now at least 105 meters.
01 Sep 14 Trinidad: Leni Gas & Oil provides Goudron field drilling update
Leni Gas & Oil has announced that well GY-668, the fifth of its planned 30 new development wells at the Goudron field in Trinidad, has successfully reached TD. The well encountered 254 feet of net oil pay in the Gros Morne Sandstones, the primary target of the well, in addition to 191 feet of net oil pay in the Goudron Sandstones.
01 Sep 14 Australia: Real Energy preparing to drill its maiden well in the onshore Cooper Basin
Real Energy’s maiden well, Tamarama-1, is expected to spud by the end of the week. The drilling of the Tamarama-1 well is designed to confirm the presence of gas in the Toolachee and Patchawarra formations and to determine reservoir production potential.
01 Sep 14 Australia: Empire Oil & Gas to increase Perth Basin holdings with the acquisition of JV partner ERM Power's assets
Empire Oil & Gas strikes pivotal deal to buy out JV partner, raise cash and unlock value of extensive exploration acreage. Agreement with ERM Power will deliver Empire full ownership of the Red Gully gas project and several highly prospective Perth Basin tenements, paving the way for a potential company-making exploration drive.
01 Sep 14 Norway: Det norske reports dry well on the Heimdalshø Prospect in PL 494
Det norske oljeselskap , as operator of production licence PL 494, has completed the drilling of wildcat well 2/9-5S. The well was drilled about 30 km east of the Valhall field on the Heimdalshø Prospect. The well has been permanently plugged and abandoned after failing to encounter hydrocarbons.
31 Aug 14 UK: Delek Group eyes London listing
Israeli energy company Delek Group is considering issuing its shares for trading on the London Stock Exchange in addition to its Tel Aviv listing. Delek's board has instructed management to assess the possibility of such a listing in lieu of splitting up the company in two, Delek said on Sunday.
31 Aug 14 UK: Buyout firms invest $500 mln in new North Sea oil company
Private equity firms Blackstone and Blue Water Energy said on Sunday they have teamed up to lead an investment of up to $500 million in Siccar Point Energy, a new North Sea-focused oil company. Singapore sovereign fund GIC is also contributing funding, a statement released on behalf of the buyout firms said.
31 Aug 14 Denmark: Hess awards North Sea seabed seismic acquisition to Magseis
Magseis announced Friday it has been awarded a contract by Hess Denmark for seabed seismic acquisition in the southern part of the North Sea using the company’s proprietary MASS system and the Artemis Athene.
31 Aug 14 UK: Kongsberg awarded contract for BW Offshore Catcher FPSO
Kongsberg Maritime will deliver an Integrated Control and Safety System for the new BW Offshore 'Catcher FPSO'. The contract follows BW Offshore's signing of a lease and operate contract with Premier Oil and its joint venture partners at the end of April 2014 for a FPSO to operate on the Catcher oil field in the UK North Sea.
31 Aug 14 Saudi Arabia: Saudi Aramco seeks interest for work on unconventional gas
Four companies have expressed interest in bidding for work on unconventional gas in Saudi Arabia as the world's top oil exporter pushes ahead with plans to develop challenging shale deposits, industry sources said.
31 Aug 14 Gabon: VAALCO Energy provides update on offshore Gabon operations
VAALCO reports that production from the Etame Marin block has resumed after the successful completion of previously announced maintenance work on the Company's leased FPSO vessel and platform jackets for both of the two new production platforms for the additional development of the Etame Marin block are now in place.
31 Aug 14 Mexico's Pemex sees crude output at 2.4 mln bpd in 2015
Mexican state oil giant Pemex on Friday forecast its crude oil output would average 2.4 million barrels per day (bpd) in 2015, which could mark the first year that crude production at the company has risen in over a decade.
31 Aug 14 Canada: Athabasca Oil Corp announces closing of the Dover oil sands transaction with PetroChina
Athabasca Oil Corp has closed the sale of its 40% interest in the Dover oil sands project to Phoenix Energy Holdings, a wholly owned subsidiary of PetroChina International Investment, for net proceeds of $1,184 million.
31 Aug 14 Atlantic Petroleum announces results for the first six months of 2014 - provides update on Orlando, Kells and Perth developments
Atlantic Petroleum announced Friday its results for the first six months of 2014. Production for the first 6 months was 319,000 boe corresponding to an average of 1,762 boepd net which is within target. Atlantic also povided an update on its Orlando, Kells and Perth developments in the UK North Sea.
31 Aug 14 Norway: Atlantic Petroleum acquires interest in licences PL601 and PL602 located in the Norwegian Sea
Atlantic Petroleum Norge has acquired Ithaca Petroleum Norge’s 10% interest in production licences PL601 and PL602 in the Norwegian Sea. The transaction reduces risk while securing protection area surrounding PL528 where the Ivory well is expected to spud in September.



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