Latest News
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20 Sep 19
UK: Equinor wins opportunity to develop the world’s largest offshore wind farm
Equinor and its partner SSE have been awarded contracts to develop three large scale offshore wind projects in the Dogger Bank region of the North Sea. This will be the world’s biggest offshore wind farm development with a total installed capacity of 3.6 GW. -
20 Sep 19
Colombia: Amerisur Resources provides reserves update for its production assets in Colombia
Amerisur Resources has provided a reserves update for its production assets in Colombia, covering the Company's Indico and Mariposa fields (together CPO-5) and Platanillo field. The update was undertaken as part of the ongoing Formal Sales Process. -
20 Sep 19
UK: Baron Oil announces award of UK 31st Offshore Round licences
AIM-listed Baron Oil has announced that, with partners, it has been awarded exclusive licences over seven blocks and part blocks in the Inner Moray Firth part of the UK Continental Shelf as part of the UK 31st Offshore Round. -
20 Sep 19
Senegal: TGS commences Senegal Ultra-Deep offshore 3D survey
TGS has commenced a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up. -
20 Sep 19
Norway: MOL Norge given consent for exploration drilling in Block 25/8 in the North Sea
Norway's Petroleum Safety Authority has given MOL Norge consent to drill exploration well 25/8-19 S in production licence PL 820 in the central North Sea. The well will be drilled to test a prospect named 'Evra/Iving'. -
20 Sep 19
Ascent Resources completes GBP1 million subscription
AIM-listed Ascent Resources, the independent oil and gas exploration and production company, operating in the Petisovci Gas Project in Slovenia, has entered into a subscription agreement for GBP1,080,500 before costs, with RiverFort Global Opportunities. -
20 Sep 19
Magseis Fairfield signs node crew lease contract
Magseis Fairfield has signed a 2-3 months contract for the lease of a MASS I node crew to a client in the Asia Pacific region. -
19 Sep 19
GoM: Chevron to boost production at St. Malo field in the Gulf of Mexico
Chevron has announced the sanction of a waterflood project in the St. Malo field. This application of enabling technology is expected to increase recovery and advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico. -
19 Sep 19
Mexico: Petrofac sells remaining 51 percent of Mexican operations
Petrofac has signed an agreement to sell its remaining 51 percent interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco. The terms of the transaction are substantially the same as the sale of a 49% non-controlling interest to Perenco in October 2018.
