Latest News
-
24 Jan 20
Kenya: Total and Tullow launch joint sale of stakes in Kenyan oil project
Total and Tullow Oil aim to reduce their stakes in Kenya’s first oil development with a joint sale that could see Tullow exit completely amid uncertainty over the project’s launch, banking and industry sources said. -
24 Jan 20
88 Energy announces Placement to raise AUD5.0 million
88 Energy has announced a Placement to raise AUD5.0 million. Capital raised will be used to fund the ongoing evaluation of the conventional and unconventional prospectivity of the Company's existing assets, including its share of any potential costs in respect to the upcoming Charlie-1 well, and to enable it to identify and exploit new opportunities on the North Slope of Alaska. -
24 Jan 20
Trinidad: Columbus Energy to test Saffron well - South West Peninsula, Trinidad
Columbus Energy has completed the interpretation of the Saffron cased hole logging, with the result supporting the completion and testing of the Saffron well in February 2020. -
23 Jan 20
US: USGS estimates 3.6 billion barrels of oil in Alaska's Central North Slope
One of the most productive areas in the world for oil remains rich in the resource, according to the latest USGS assessment. The USGS estimates 3.6 billion barrels of oil and 8.9 trillion cubic feet of natural gas conventional resources in Alaska’s Central North Slope. -
23 Jan 20
UK: Fred.Olsen completes decommissioning of Tyne and Guinevere gas platforms in the Southern North Sea
During the second week of January 2020, Fred. Olsen Windcarrier’s jack-up vessel Blue Tern, successfully completed the offshore works related to decommissioning of the Tyne and Guinevere gas platforms in the Southern North Sea for Perenco UK. -
23 Jan 20
GoM: Worley awarded FEED contract for TOTAL's North Platte field in the Gulf of Mexico
Worley has been awarded the Front-End Engineering Design contract for TOTAL E&P USA’s North Platte field development in the Gulf of Mexico. -
23 Jan 20
Norway: The world’s first carbon-free ammonia-fuelled supply vessel on the drawing board
Equinor has signed an agreement with Eidesvik Offshore for the modification of the Viking Energy supply vessel, to make it capable of covering long distances fuelled by carbon-free ammonia. The vessel will transport supplies to installations on the Norwegian continental shelf (NCS). -
23 Jan 20
India: ONGC gets 28 bids for 50 marginal fields in first offer involving private sector
State-owned ONGC has received bids for 50 out of the 64 small and marginal oil and gas fields it offered in a bidding round for raising production by involving private companies. As many as 12 companies made 28 bids for 50 fields at the close of bidding on January 17. -
23 Jan 20
Nigeria: ADM Energy to increase its investment portfolio cross Nigeria and West Africa
AIM-listed ADM Energy, a company which currently holds an interest in OML 113, offshore Nigeria, which contains the Aje field, has oulined a strategy to build a larger investment portfolio of projects across Nigeria and West Africa in 2020 and beyond. -
23 Jan 20
Kazakhstan: Condor Petroleum receives a further USD18.7 million for sale of oil fields in Kazakhstan
Condor Petroleum has announced the receipt of a further USD18.7 million of the sale proceeds for the Company’s previously announced sale of its Shoba and Taskuduk oilfields in Kazakhstan.
