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27 Sep 16
Egypt: BP signs three concession amendments and reaches record production for the Nooros field in Egypt with partners
BP has signed concession amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt. The amendments allowed for the economic development of the Nooros development, where the company recently achieved record production.
27 Sep 16
Norway: Statoil's Aasgard subsea gas compression system completes first year
In September 2015 Statoil and its partners started up the world’s first subsea gas compression system on the Åsgard field in the Norwegian Sea, extending the fields’ life to 2032.
27 Sep 16
Canada: Centrica in process of selling Canadian oil and gas assets
Centrica, Britain's largest utility company, is in the process of selling all of its Canadian oil and gas assets and exiting operations in the country, a company spokesman said on Monday.
27 Sep 16
UK: First US shale gas arrives at INEOS plant in Scotland
The first shipment of US shale gas has arrived in Scotland amid a fierce debate about the future of fracking in the UK. A tanker carrying 27,500m3 of ethane from US shale fields is due to dock at Grangemouth, the refinery and petrochemicals plant owned by INEOS.
27 Sep 16
Kazakhstan: Condor Petroleum starts commercial production at Shoba oil field in Kazakhstan
Condor Petroleum commenced commercial oil production at the Shoba oil field in Kazakhstan on September 18, 2016. Current stabilized production is exceeding 500 barrels per day as forecast and oil sales are expected to resume in the fourth quarter.
27 Sep 16
Trinidad: LGO Energy announces recompletion of wells GY-668 and GY-288, Goudron field, Trinidad
LGO Energy has announced that stable production has now been established from a new oil pay interval in well GY-668, the fifth of its planned heavy work-overs at the Goudron Field in Trinidad, and that GY-288, the sixth well in the program has now been perforated.
27 Sep 16
Niger: Savannah Petroleum announces half year results - updates Niger operations
Savannah Petroleum has announced its unaudited interim results for the six month period ended 30 June 2016 and provided an update on its operations in Niger.
27 Sep 16
UK: Union Jack acquires additional interest in Wressle-1 discovery and Broughton North Prospect, onshore UK
Union Jack Oil has signed a Sale and Purchase Agreement with Europa Oil & Gas to acquire a further 3.34% interest in PEDL180 and PEDL182, which contain the Broughton North Prospect and the Wressle-1 discovery.
27 Sep 16
Pakistan: Jura Energy spuds Zarghun South development well
Jura Energy has announced that the drilling of Zarghun South-3 development well has commenced in the Zarghun South Development and Production Lease, in the Middle Indus Basin.
27 Sep 16
Guinea: Hyperdynamics receives upgraded exploration risk assessment for its top two prospects
Hyperdynamics has announced that it has received an updated exploration risk assessment of its top two drilling prospects offshore Guinea that materially increases the probability of exploration success for both.
26 Sep 16
Denmark: Maersk Resolve finishes work early - DONG terminates contract
The Maersk Resolve has finalised the planned work scope for DONG Energy at the Hejre field in the Danish sector of the North Sea, and Maersk Drilling has received a letter of early termination.
26 Sep 16
US: Rice Energy announces acquisition of Vantage Energy for $2.7 billion
Rice Energy has entered into a purchase and sale agreement to acquire Vantage Energy for approx. $2.7 billion. The E&P assets to be acquired include approx. 85,000 net core Marcellus acres in Greene County, Pennsylvania, with rights to the deeper Utica Shale on approx. 52,000 net acres and 37,000 net acres in the Barnett Shale.
26 Sep 16
Georgia: Frontera Resources provides update on South Kakheti gas complex operations in Georgia
AIM-listed Frontera Resources has provided an update of operations at the South Kakheti Gas Complex, located within Block 12 in Georgia.
26 Sep 16
UK: Egdon Resources announces results of CPR on the Wressle-1 discovery and the Broughton North Prospect, onshore UK
Egdon Resources has announced the results of a Competent Person's Report prepared by ERC Equipoise in relation to UK Onshore (Lincolnshire) licences PEDL180 and PEDL182. Egdon expects first production from the Ashover Grit at Wressle-1 well at rates of 500 bopd (125 bopd net to Egdon) in early 2017.
26 Sep 16
UK: Petrofac completes successful well decommissioning contract for Tullow Oil
Petrofac’s differentiated approach to decommissioning, in support of Tullow Oil’s well plugging and abandonment campaign in the Southern North Sea (SNS), has delivered significant results and saved US$2.5 million compared to traditional approaches.
26 Sep 16
UK: Labour vows fracking ban if it wins general election
A future Labour government would ban fracking in England, shadow energy secretary Barry Gardiner has said. Speaking at Labour conference, he said fracking, which involves gas being extracted from shale rock, would make the UK dependent on fossil fuels when the priority should be clean energy.
26 Sep 16
UK: InfraStrata to divest oil and gas assets to focus entirely on the Islandmagee gas storage project
InfraStrata, a company focused on a gas storage project in County Antrim, Northern Ireland, has decided to divest the Company’s remaining oil and gas exploration interests as it seeks to focus entirely on the Islandmagee gas storage project.
26 Sep 16
Ireland: Petrel Resources provides update on activity offshore Ireland
Petrel Resources has provided an update on its activity in the Irish Atlantic Porcupine Basin. The Bréanann 3D seismic programme, on Frontier Exploration Licence 3/14 in the Porcupine Basin, has been completed and early results are expected in January 2017.
26 Sep 16
Cote d'Ivoire: RAK Petroleum reports completion of four-year development campaign in Côte d'Ivoire
RAK Petroleum has announced the completion of a four-year, $850 million field development programme by operator Foxtrot International in Block CI-27 offshore Côte d'Ivoire, where two new gas fields, Marlin and Manta, have been brought on stream.
26 Sep 16
Kenya suspends exploration in disputed offshore area with Somalia
Kenya has suspended all exploration in a 42,000 sq km area of the Indian Ocean which is the subject of a dispute with Somalia. The area contains offshore exploration blocks L-21, L-23 and L-24.
25 Sep 16
Trinidad: LGO Energy announces placing to raise £795,000 ahead of Trinidad drilling
LGO Energy has raised £795,000 by way of a placing. The net funds will be used as working capital by the Company, as it continues with its previously announced workover program at the Goudron Field in Trinidad and with preparations for the drilling of new Mayaro Sandstone infill wells.
25 Sep 16
Brazil: OGPar relinquishing Tubarao Azul field, offshore Brazil
Brazil's OGPar, formerly known as OGX, after one year of suspension of production at the Tubarão Azul field, offshore Brazil, have requested the licence relinquishment to ANP, the Brazilian regulatory agency.
25 Sep 16
Norway: ExxonMobil reported to be considering sale of $1 billion in Norway assets
ExxonMobil is reported to be considering a sale of some of the oil fields it operates in Norway’s North Sea in a deal that could fetch more than $1 billion.
25 Sep 16
UK: Teekay Offshore Partners awarded new North Sea shuttle tanker contracts
Teekay Offshore Partners has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP, Royal Dutch Shell and OMV Group, to transport the oil produced from the new Glen Lyon FPSO which is part of the Quad 204 development located west of Shetland in the North Sea.
25 Sep 16
Encana completes US$1 billion offering of common shares
Encana has announced the completion of its public offering of common shares for gross proceeds to Encana of approx. US$1 billion. Encana intends to use approx. half of the net proceeds to fund a portion of its 2017 capital program.
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