20 Feb 18Argentina: Vista Oil & Gas to acquire Argentine oil and gas assets
Vista Oil & Gas, the first Mexican pure E&P listed company on the Mexican Stock Exchange, has agreed to acquire a fully operational oil & gas platform from Pampa Energia and Pluspetrol Resources with interests in certain exploitation concessions, assessment blocks and exploration permits in Argentina.
20 Feb 18Mozambique: Anadarko announces Mozambique LNG Sale And Purchase Agreement
Anadarko Petroleum has entered into a long-term LNG Sale and Purchase Agreement (SPA) with EDF for Mozambique Area 1. The off-take agreement calls for the supply of 1.2 million tonnes per annum (MTPA) for a term of 15 years.
20 Feb 18Australia: Wood wins strategic five-year engineering services contract supporting INPEX in Australia
Wood has been awarded the brownfield engineering services contract for the INPEX-operated Ichthys offshore facilities, located 220 kms off the coast of Western Australia and onshore liquefied natural gas (LNG) processing facilities in Darwin, Northern Territory.
20 Feb 18US: Mosman Oil & Gas announces positive results from Welch Horizontal Well Study
Mosman Oil and Gas has completed the prefeasibility study on its Welch Permian Basin Project in Texas. The results indicate the Welch project has attractive economics at the current oil price.
20 Feb 18Eco (Atlantic) Oil & Gas announces acquisition of the minority interest in Eco's Guyana subsidiary
Eco (Atlantic) Oil & Gas agreed to acquire the remaining 6% interest in Eco (Atlantic) Guyana, following which Eco Guyana will become a wholly owned subsidiary of the Company. Eco Guyana holds a 40% working interest in the Orinduik Block, offshore Guyana.
20 Feb 18Georgia: Frontera Resources provides update on the T-45 well in the Taribani Complex, Block 12, Georgia
AIM-listed Frontera Resources has announced that T-45, the first well of current three well drilling program at the Company's Taribani Complex of Block 12 in Georgia, has now been drilled to a target depth of 2700m and has encountered multiple oil and associated gas shows.
20 Feb 18Brazil: Karoon Gas provides update on proposed development of the Echidna and Kangaroo oil discoveries offshore Brazil
Karoon Gas has announced a positive development in the FEED process for the Echidna light oil development proposal. Karoon has issued a Request for Tender to service providers for the proposed Echidna development. FEED is expected to be ongoing for the first half of 2018.
19 Feb 18Italy: Po Valley Energy declares 2P Reserves for its offshore Adriatic development Teodorico gas field
Po Valley Energy has announced maiden 2P Reserves of 36.5 bcf of gas have now been declared at the Company’s offshore Adriatic development Teodorico gas field.
19 Feb 18Iraq: Chevron restarts drilling in Kurdistan region of Iraq
Chevron on Monday said it had resumed drilling operations in the Kurdistan region of Iraq. The Company confirmed that it has restarted drilling operations at its Sarta 3 field, where operations were temporarily suspended in October.
19 Feb 18Egypt: Noble Energy executes gas sales agreements for export of gas to Egypt
Noble Energy has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings to supply gas in Egypt.
19 Feb 18Russia: NOVATEK wins bid for the gas assets of ALROSA
NOVATEK has won the open auction to acquire a 100% stake in Maretiom Investments and Velarion Investments from ALROSA. The companies own hydrocarbon exploration and production licenses for the Beregovoy and Ust-Yamsoveyskiy license areas.