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20 Feb 19
Brazil: Petrobras starts production from P-76 FPSO in the Buzios field in the Santos Basin
Petrobras has started the production of oil and natural gas from the P-76 FPSO, the third platform to enter production in the Buzios field. The Buzios field, in the pre-salt of the Santos Basin, was discovered in 2010 and is the main field under the Transfer of Rights Agreement. The field started production in April 2018.
20 Feb 19
UK: Spirit Energy submits plans to decommission two platforms at the producing Morecambe Bay gas field
Two normally unmanned installations which used to produce gas in Morecambe Bay will be decommissioned under plans to be submitted by Spirit Energy.
20 Feb 19
Turkey: Valeura announces commencement of drilling at the Devepinar-1 appraisal well and Inanli-1 completion programme
Valeura Energy, the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation in the Thrace Basin of Turkey, has announced the commencement of drilling operations at the Devepinar-1 appraisal well and an update on the completion programme for the Inanli-1 well.
20 Feb 19
Malaysia: Benthic and Asian Geos complete geotechnical investigation in the Limbayong field, offshore East Malaysia, for PETRONAS Carigali
Benthic, a global geosciences company, partnered with Asian Geos, has successfully completed its geotechnical investigation in the Limbayong field, offshore East Malaysia for PETRONAS Carigali. Asian Geos was awarded a contract by PETRONAS Carigali for the Provision of Soil Investigation Services for Limbayong Deepwater Development.
20 Feb 19
EMGS awarded proprietary data acquisition survey in south-east Asia
Electromagnetic Geoservices (EMGS) has received a letter of award from an undisclosed customer for a proprietary data acquisition survey in south-east Asia. The total contract value of the survey is estimated to be in excess of USD 20 million.
20 Feb 19
Guyana: Eco (Atlantic) contracts the Stena Forth drillship to drill Orinduik Block offshore Guyana
Eco (Atlantic) Oil and Gas, along with its partners in the Orinduik Block, offshore Guyana, Total and Tullow Oil (Operator), has announced that it has contracted a rig, the Stena Forth, to drill the Jethro-Lobe prospect on the Orinduik Block offshore Guyana.
20 Feb 19
Argentina: Spectrum announces Argentine Colorado Basin multi-client 2D seismic survey
Spectrum is commencing a new 20,000 km 2D survey in the Colorado and Salado basin offshore Argentina. This new program ties with Spectrum’s existing 35,000 km survey that was acquired in 2017 for the ongoing first offshore licensing round.
20 Feb 19
Devon Energy selling Canadian and Barnett Shale assets as it transforms to US growth company
Devon Energy has announced its intention to pursue the separation of its Canadian and Barnett Shale assets to complete its transformation to a high-return U.S. oil growth business.
19 Feb 19
Indonesia: Repsol makes largest gas discovery in Indonesia in the past 18 years
Repsol and partners PETRONAS and MOECO have made the largest gas find in Indonesia in 18 years. The discovery is also among the ten largest finds worldwide in the last 12 months. The KBD-2X well in the Sakakemang block in South Sumatra provides preliminary estimation of at least 2 TCF of recoverable resources.
19 Feb 19
UK: Angus Energy awarded variation to planning consent at Lidsey oil field
Angus Energy has been awarded a variation to planning consent at the Lidsey oil field in the Weald Basin, onshore UK. The variation allows Angus Energy to operate pumping equipment for 24 hours a day, seven days a week at the Lidsey site.
19 Feb 19
UK: OGA publishes new protected material guidance
New guidance has been published by the Oil & Gas Authority (OGA) on the disclosure of protected material after a specified period. Developed in collaboration with industry, the guidance is designed to help relevant persons understand what information and samples must be reported under the Energy Act 2016.
19 Feb 19
Norway: Wood awarded EPCI contract by Equinor for the Vigdis boosting station increased oil recovery (IOR) project
Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project.
19 Feb 19
UK: ‘Phantom’ volcanoes discovery signals new hope for North Sea oil and gas exploration
Geologists at the University of Aberdeen have discovered a huge swathe of the North Sea left unexplored for oil and gas because of so-called ‘phantom’ volcanoes they have proven don’t exist.
19 Feb 19
Qatar: BHGE strengthens presence in Qatar
Baker Hughes, a GE company, the world’s first fullstream oil and gas company, has signed a Memorandum of Understanding with Qatar Petroleum to unlock new opportunities to expand its presence in the country and to support Qatar Petroleum’s Tawteen Program.
19 Feb 19
Norway: Faroe Petroleum concludes drilling of Brasse appraisal wells 31/7-3 S and 31/7-3 A
Faroe Petroleum Norge, operator of PL 740, has concluded the drilling of Brasse appraisal wells 31/7-3 S and 31/7-3 A. The 31/7-1 (Brasse) discovery was proven in Upper Jurassic reservoir rocks (the Sognefjord formation) in 2016.
19 Feb 19
Norway's production decreases in January 2019
Preliminary production figures for January 2019 show an average daily production of 1,822,000 barrels of oil, NGL and condensate, which is a decrease of 30,000 barrels per day compared to December. Oil production is approx. 0.5 percent lower than the NPD’s forecast.
19 Feb 19
BHP announces results for half year ended 31 December 2018
BHP has announced its results for the half year ended 31 December 2018. The Company's focus on portfolio simplification, cash generation and capital discipline delivered higher cash returns to shareholders in the December 2018 half year.
19 Feb 19
Gabon: Panoro announces 50 percent increase in 2P oil reserves at the Tortue field, Dussafu PSC, offshore Gabon
Panoro Energy has provided an update on the Dussafu PSC, offshore Gabon, including a new oil reserves review from independent reserves auditor Netherland, Sewell & Associates on the Tortue field located within the PSC.
19 Feb 19
Touchstone Exploration announces GBP3.8m (CAD6.5m) private placement
Touchstone Exploration has announced that it intends to complete a private placement directed towards United Kingdom institutional investors. The Company expects to raise gross proceeds of GBP3.8 million (approx. CAD6.5 million) to finance the drilling of an exploration well in the Corosan west region of its Ortoire exploration property in Trinidad.
19 Feb 19
Australia: Equinor releases draft Environment Plan for the drilling program in permit EPP 39 in the Great Australian Bight
Equinor has released its draft Environment Plan (EP) for the proposed Stromlo-1 exploration drilling program in permit EPP 39 in the Great Australian Bight for public comment.
18 Feb 19
Malaysia: McDermott awarded contracts by Shell and Sapura for Pan Malaysia field development
McDermott International has announced two sizeable contracts, one from Shell and one from Sapura Exploration and Production, to provide transportation and installation of offshore structures, pipelines and pre-commissioning work for the Pan Malaysia field development located offshore Sarawak, Malaysia.
18 Feb 19
Russia: Gazprom and CNPC discuss planned supplies of Russian gas to China
Gazprom and CNPC have met to review a wide range of issues related to cooperation between the companies, focusing on the ongoing preparations for the start of gas supplies to China via the Power of Siberia gas pipeline.
18 Feb 19
France: Total, Orsted and Elicio join forces to bid for a wind farm offshore Dunkirk
Total, Orsted and Elicio have announced the creation of an industrial consortium to submit a joint bid for the Dunkirk offshore wind farm project for a power capacity of up to 600 MW.
18 Feb 19
KCA Deutag awarded USD110 million of land drilling contracts in the Middle East, Russia and Africa
Global drilling and engineering contractor KCA Deutag has announced that its land drilling operation has won new contracts and contract extensions worth approx. USD110M for onshore drilling in the Middle East, Russia and Africa.
18 Feb 19
Netherlands: Tulip Oil announces start-up and commissioning of the Q10 offshore gas development
Tulip Oil has announced the startup and commissioning of the Q10 offshore gas development in the Dutch North Sea. Initial gas production from the well QA-01 is to be processed at the TAQA P15 platform before being sold to Market.
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