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01 Aug 14 Australia: Dolphin awarded record large 3D seismic contract offshore Australia
Dolphin Geophysical has been awarded a contract from TGS for Nerites Season 2 located in the Bight's deep water Ceduna Sub-basin in Australia, covering 13,000 sq km.
01 Aug 14 Eni CEO shake-up puts Saipem on block in exploration gambit
Eni on Thursday laid out plans to sell assets, including a multi-billion dollar stake in oil service firm Saipem, and downsize its ailing refinery business to help fund its transformation into a leaner oil and gas outfit.
01 Aug 14 Faroes: EMGS announces agreement for multi-client data offshore Faroe Islands
Electromagnetic Geoservices (EMGS) has received an agreement worth USD 4.3 million for multi-client data offshore the Faroe Islands. The agreement includes both late sales of the existing multi-client dataset acquired by EMGS in 2012 (the Brugdan-Rosebank Line) and pre-funding of an extension of the existing dataset.
01 Aug 14 Poland: 3Legs Resources announces operations update - preparing to test Lublewo LEP-1ST1H lateral well
3Legs Resources reports that it has successfully completed the multi-stage stimulation of the Lublewo LEP-1ST1H lateral well, which is now being prepared for clean-up and long term testing.
01 Aug 14 Colombia: Andes Energia announces preliminary award of 3 discovered oil fields in Colombia bidding round 2014
Andes Energia has announced, as part of the Colombia bidding round 2014, the preliminary award of three undeveloped fields with conventional oil discoveries, located in the Llanos basin in Colombia.
01 Aug 14 UK: Ithaca Energy completes acquisition of interests in three UK producing oil fields
Ithaca Energy has reported that, further to the announcement made on 23 June 2014, it has now completed the acquisition of the three UK producing oil field interests - Cook, Pierce and Wytch Farm - from Sumitomo Corp.
01 Aug 14 Italy: Sound Oil planning second appraisal well on Nervesa gas discovery
Sound Oil, the European / Mediterranean focused upstream oil and gas company, has updated investors on its continued progress with the proposed second well addressing the Southern limb of the Nervesa gas discovery, onshore Italy.
01 Aug 14 US: CGG announces the contribution of its North America Land Contract Business to Geokinetics
CGG has signed a binding agreement with Geokinetics, one of the largest independent international land and shallow water seismic companies, for the contribution by CGG of its North American Land Contract assets and activities (excluding its land multi-client and monitoring businesses) against a minority equity stake in Geokinetics.
01 Aug 14 Woodside shareholders block $2.68 bln buyback from Shell
Woodside Petroleum failed to win shareholder approval to buy back $2.68 billion of its shares from Royal Dutch Shell, Australia's top oil and gas company said after a vote on Friday.
01 Aug 14 Russia: Novatek says sanctions strain funding for Yamal LNG
Western sanctions will force foreign shareholders to dig deeper in their pockets to fund Russia's Yamal LNG project, key for Moscow's plans to carve out a greater share of the frozen sea-borne gas market, Novatek said on Thursday.
01 Aug 14 Peru: BPZ Energy provides update on Peru operations
BPZ Energy, an independent oil and gas exploration and production company with licence contracts covering 1.9 million net acres in four blocks located in northwest Peru, has provided an offshore and onshore operations update.
31 Jul 14 Higher oil prices lift Exxon's profit as production sags
Exxon Mobil, the world's largest publicly traded oil company, reported a stronger-than-expected quarterly profit on Thursday as higher prices for its crude and natural gas offset a 6 percent drop in production.
31 Jul 14 ConocoPhillips profit slightly higher - output rises
ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported a quarterly profit that just beat Wall Street expectations, helped by a bigger-than-expected increase in oil and gas production.
31 Jul 14 TGS continues to build backlog with three new multi-client surveys
TGS has announced three new multi-client surveys; a 3D survey offshore Australia, a 2D survey offshore New Zealand and a 3D survey in the West of Shetland region.
31 Jul 14 China: CNOOC's Panyu 10-2/5/8 project starts production
CNOOC Limited announced that its Panyu 10-2/5/8 project has commenced production. The project is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approx. 100 meters. The project includes 3 oilfields, Panyu 10-2, Panyu 10-5 and Panyu 10-8.
31 Jul 14 Ukraine: Shell declares force majeure on Ukraine exploration project
Royal Dutch Shell said it has declared force majeure on a shale gas exploration project in Ukraine, which is close to the site where flight MH17 crashed.
31 Jul 14 Myanmar: Eni signs Production Sharing Contracts for two blocks onshore Myanmar
Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, has signed two Production Sharing Contracts (PSC) for RSF-5 and PSC-K onshore blocks, marking Eni’s first entry into Myanmar.
31 Jul 14 Tullow Oil to relinquish its licence interests in Liberia and Sierra Leone
Announcing its 2014 half-yearly results on Wednesday, Tullow Oil said that, after evaluating potential options in Liberia and Sierra Leone, the Company 'made the decision not to renew its licence interests and will exit its position.'
31 Jul 14 Apache says plans to exit Kitimat and Wheatstone gas projects
U.S. oil and gas company Apache Corp, under pressure from activist investor Jana Partners, said on Thursday it plans to sell its interest in two liquefied natural gas projects (LNG), and reported lower quarterly profit.
31 Jul 14 Tangiers Petroleum requests trading halt
Tangiers Petroleum has requested a trading halt of the Company's securities on both ASX and AIM due to pending results from the TAO-1 exploration well in the Tarfaya block, offshore Morocco. The decision follows the Company's announcement on July 28 that the TAO-1 well has failed to find hydrocarbons at its secondary target.
31 Jul 14 Azonto Petroleum announces Quarterly Activities Report
Azonto reports that work continues in Côte d'Ivoire to progress the development of the Gazelle gas field towards project sanction by the end of 2014 and positive initial data room interest has been received in respect of the Accra Block in Ghana to enable potential new industry partners to be sought.
31 Jul 14 Morocco: Genel Energy spuds SM-1 well in the Sidi Moussa block, offshore Morocco
JV partner AIM-listed San Leon Energy has announced that Genel Energy has commenced drilling operations on the SM-1 well in the Sidi Moussa block, offshore Morocco.
31 Jul 14 Gabon: Eni announces discovery of gas and condensates offshore Gabon
Eni has made an important gas and condensates discovery in the Nyonie Deep exploration prospect located in Block D4, approx. 13 kms from the coast of Gabon. Preliminary estimates suggest the new gas discovery is significant, with initial potential in place estimated at 500 million boe.
31 Jul 14 Australia/NZ: Mosman Oil and Gas provides corporate update
Mosman reports that its strategy to build a sustainable mid tier oil and gas business, both organically and by acquisition, is well on track following the Company's admission to AIM in March, having made discoveries on its Petroleum Creek asset and through the proposed acquisition of Trident Energy, which brings three further oil and gas exploration assets into its portfolio in Australia.
31 Jul 14 New Zealand: Kea Petroleum provides update on Puka-3 well in in PEP 51153
AIM-listed Kea Petroleum has announced an update on the drilling of Puka-3 and on production from Puka-1 and Puka-2.
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