Latest News
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17 Jul 19
Israel: Zion Oil & Gas acquiring 3D seismic onshore Israel
Zion Oil & Gas has entered into binding agreements for 3D seismic acquisition across its 99,000-acre Megiddo-Jezreel license area onshore Israel. -
17 Jul 19
Seadrill announces contract award for the West Gemini
Seadrill has secured a nine well contract with three options, each for two wells, for the West Gemini in West Africa. -
17 Jul 19
UK: United Oil & Gas sells Crown discovery (North Sea Blocks 15/18d and 15/19b) to Anasuria Hibiscus UK
AIM-listed United Oil & Gas has announced an agreement to sell North Sea blocks 15/18d and 15/19b to Anasuria Hibiscus UK for a headline consideration of up to USD5 million. The blocks include the Crown discovery, initially discovered by Conoco Philips in 1998. -
17 Jul 19
BHP announces operational review for Y/E 30 June 2019
Announcing an operational review for Y/E 30 June 2019, BHP gave an update on its petroleum activities, which included three successful gas wells in Trinidad as part of the Trinidad and Tobago Phase 3 deepwater drilling campaign. -
17 Jul 19
Indonesia: Mubadala farms out Andaman I and South Andaman PSCs to Premier Oil
Mubadala Petroleum has signed an agreement with Premier Oil to farm out a 20 percent participating interest in each of the Andaman I and South Andaman PSCs, located in the underexplored but proven North Sumatra basin offshore Aceh. -
17 Jul 19
Congo (Brazzaville): Anglo African Oil & Gas completes financing
Anglo African Oil & Gas has completed a fundraising for up to GBP 8.25m. The funds will enable the Company to re-enter the TLP-103C well at its Tilapia field in the Republic of the Congo with a view to producing oil from the Djeno horizon. -
17 Jul 19
Norway: Pandion Energy acquires 20 percent of PL 891 from ConocoPhillips
Pandion Energy has entered into an agreement with ConocoPhillips to acquire a 20 percent interest in PL 891, containing the Slagugle prospect. The license is located in the prolific Haltenbanken area of the Norwegian Sea in Blocks 6608/10, 11 and 12. -
17 Jul 19
Indonesia: INPEX receives approval of revised Plan of Development for Abadi LNG Project, Masela Block, Indonesia
INPEX has announced that through its subsidiary INPEX Masela, it has received the official approval of Indonesian government authorities concerning the revised Plan of Development (POD) for the Abadi LNG Project submitted on June 20, 2019. -
17 Jul 19
Premier Oil announces trading and operations update
Premier Oil has provided an update on recent operational activities and guidance in respect of its half year financial results to 30 June 2019. 2019 1H production averaged 84.1 kboepd, up 11 per cent on the 2018 corresponding period. -
17 Jul 19
Romania: ADX Energy announces completion of USD1.5 million Romanian farm-in
ADX Energy has finalised a Farm-in Agreement including the satisfaction of conditions precedent on behalf of Danube Petroleum and ADX Energy Panonia to fund a 3D seismic program in the Parta Exploration License onshore Romania. -
17 Jul 19
Norway: OKEA announces second quarter 2019 results
OKEA reports strong operational income and cash flow in the second quarter. Operational performance was solid with a net production of above 20 000 boepd and EBITDA of NOK 594 million, up from NOK -13 million in Q2 2018.
