Latest News

  • 19 Sep 18
    Cyprus and Egypt ink deal for subsea gas pipeline
    Europe stands to gain from an agreement Egypt is set to sign with the Mediterranean island nation of Cyprus to pipe offshore natural gas to processing plants in the north African country where it will be liquefied for export, Egypt’s oil minister said.
  • 19 Sep 18
    UK: Cuadrilla granted hydraulic fracturing consent for second horizontal shale gas well
    Cuadrilla has received hydraulic fracturing consent from the Department for Business, Energy & Industrial Strategy (BEIS) for its second horizontal shale exploration well at its Preston New Road site in Lancashire. Consent was granted for the first horizontal well in July this year. Planning and permits required for both wells are already secured.
  • 19 Sep 18
    Norway: Equinor contracts West Hercules for Barents Sea drilling
    Seadrill Norway Operations has been awarded a contract for drilling two exploration wells for Equinor in the Barents Sea using the West Hercules rig. Drilling is scheduled to start in the spring of 2019. The contract includes options for drilling nine additional wells.
  • 19 Sep 18
    Australia: Casino Henry secures new gas sales contract for 2019
    Cooper Energy has announced that the Casino Henry Joint Venture (comprising Cooper Energy, Mitsui E&P Australia and Peedamullah Petroleum (a subsidiary of AWE)), has signed a new gas sales agreement with Origin Energy Retail.
  • 19 Sep 18
    Norway: Aker BP given consent to drill exploration well 24/9-13 in PL 869
    Norway's Petroleum Safety Authority has given Aker BP, the operator of production licence PL 869, consent to drill exploration well 24/9-13. The well is in the North Sea, close to the Bøyla and Alvheim fields.
  • 19 Sep 18
    UK: Offshore gas and renewables could partner in power generation - OGA
    An innovative partnership between gas platforms and windfarms could see more power generated - maximising both gas production and renewable electricity generation offshore, according to a report from the Oil and Gas Authority (OGA).
  • 19 Sep 18
    UK: Orsted divests 50 percent of Hornsea 1 offshore wind farm
    Orsted has signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners. Hornsea 1 is under construction and will be the world’s largest offshore wind farm when commissioned in 2020.
  • 19 Sep 18
    UK: Hague and London Oil announces acquisition of Third Energy Offshore
    Hague and London Oil has entered into an agreement for the conditional acquisition of the entire share capital of Third Energy Offshore. Third Energy Offshore’s portfolio includes interests in the Greater Pegasus Area (45%), and the high impact Andromeda prospect in the Southern North Sea.
  • 19 Sep 18
    UK: Heerema awarded Dunlin decommissioning contract
    Heerema Marine Contractors in a consortium with AF Gruppen have received notice that Fairfield Betula intends to enter into a contract for the removal and disposal of the Dunlin Alpha topside in the UK continental shelf.
  • 19 Sep 18
    Rockhopper Exploration announces half-year results
    AIM-listed Rockhopper Exploration, the oil and gas exploration and production company with key interests in the North Falkland Basin and the Greater Mediterranean region, has announced its results for the six months ended 30 June 2018.
  • 19 Sep 18
    Namibia: Global Petroleum awarded Block 2011A offshore Namibia
    Global Petroleum has signed a Petroleum Agreement to acquire Block 2011A offshore Namibia. Block 2011A is located in the northern Walvis basin, immediately to the east of the Company's current licence, PEL0029, which comprises Blocks 1910B and 2010A.

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