04 Sep 15Norway: Statoil makes small oil discovery in the Oseberg field in the North Sea – 30/9-27 S
Statoil has concluded the drilling of wildcat well 30/9-27 S in PL 104, located around 7 kms west of the Oseberg Sør-field. The well encountered a 34-metre oil column. The discovery will be developed together with the Oseberg Delta 2 project, which is under development.
04 Sep 15Russia: Putin urges investment in Russia's vast Far East
President Vladimir Putin urged domestic and foreign investors on Friday to help develop Russia's vast Far East region, promising high returns and reassuring Asia-Pacific economies about their strategic importance.
04 Sep 15UK: InfraStrata provides update on the post Islandmagee-1 well programme of works
AIM-listed InfraStrata, the independent petroleum exploration and gas storage company, has provided an update on the programme of works on the Islandmagee gas storage project in Northern Ireland following completion of the drilling of the Islandmagee-1 well in June 2015.
04 Sep 15Kazakhstan: Roxi Petroleum provides update on operations at BNG
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, has further updated the market with news of progress at its flagship BNG asset.
04 Sep 15UK: Europa Oil & Gas provides update on extended well test on Wressle discovery, onshore UK
Europa Oil & Gas has provided an update on Extended Well Test operations on the Penistone Flags oil zone and the Ashover Grit intervals at the Wressle-1 oil and gas well on Licence PEDL180, which lies on structural trend with and 5 km from the Europa operated Crosby Warren field.
04 Sep 15Mexico: Northcote Energy participating in Mexican onshore field bid round
AIM-listed Northcote Energy has announced that the Company has registered for, and been granted, access to the data room being administered by the National Hydrocarbons Commission ('CNH') in order to assess development opportunities in Round 1 of Phase III of the CNH’s tender process.
04 Sep 15Russia: Gazprom and European partners sign shareholders agreement on Nord Stream 2
Russia's Gazprom and its European partners signed a shareholders agreement on the Nord Stream 2 gas pipelines that will run beneath the Baltic Sea to Europe, spokesman for the consortium said.
04 Sep 15Range Resources completes US$30 million funding
Following the Company’s announcement on 1 September 2015, Range Resources has advised that Tranche 2 subscription proceeds of US$22.1 million in cash have been received by the Company.
03 Sep 15Indonesia to tender 21 oil and gas blocks in 2016
Indonesia will tender a total of 21 oil and gas blocks in the country next year as part of efforts to boost output and secure future energy supply. The blocks to be offered up for open tender include existing oil and gas fields, shale gas blocks and coal bed methane (CBM) blocks.
03 Sep 15Russia: NOVATEK and the Silk Road Fund conclude framework agreement on acquisition of stake in Yamal LNG
Russia's NOVATEK and China’s Silk Road Fund have concluded a framework agreement on the acquisition by SRF of a 9.9% equity stake in the Yamal LNG project.
03 Sep 15Indian government to change oil and gas exploration rules - offers small fields
India is set to ease the rules for new oil and gas exploration blocks to lure foreign investment and tap the nation's vast energy resources in a bid to cut its crude import bill. To begin with, New Delhi has decided to auction 69 small, marginal oil and gas fields to private firms on a revenue-sharing model.