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15 Nov 19
Amerisur Resources announces recommended cash acquisition by GeoPark
15 Nov 19
Iraq: DNO testing Baeshiqa-2 exploration well in Kurdistan
DNO has announced issuance of a notice of discovery to the Kurdistan Regional Government of Iraq on the Baeshiqa-2 exploration well after flowing hydrocarbons to surface from the upper part of the Triassic Kurra Chine B reservoir.
15 Nov 19
Peru: Karoon contracts drillship for Marina-1 exploration well offshore Peru
Karoon Energy has contracted the 'Stena Forth' Dynamically Positioned Drillship to drill the Marina-1 exploration well in Karoon’s 40 percent owned and operated Block Z-38 in the Tumbes Basin in Peru, with drilling scheduled to commence early in the 1st quarter 2020.
14 Nov 19
Philippines: Udenna acquires Chevron’s 45 percent interest in Malampaya
Udenna Corp has signed a Sale and Purchase Agreement to acquire 100 percent of the shares of Chevron Malampaya, a wholly-owned subsidiary of Chevron Philippines, which holds Chevron’s entire 45 percent non-operated interest in the Malampaya gas field in the Philippines.
14 Nov 19
US: Ecopetrol and Occidental complete investment agreement in the US Permian Basin
Ecopetrol and Occidental Petroleum have completed the previously announced agreement to form a strategic alliance for the development of unconventional reservoirs in approx. 97,000 acres of the Permian Basin in the State of Texas.
14 Nov 19
US: Callon And Carrizo announce amended merger agreement
Callon Petroleum and Carrizo Oil & Gas have announced an amendment to the existing terms of their agreement for Callon to acquire Carrizo in an all-stock transaction.
14 Nov 19
World Energy Outlook 2019 highlights deep disparities in the global energy system
Deep disparities define today’s energy world. The World Energy Outlook 2019, the International Energy Agency’s flagship publication, explores these widening fractures in detail and explains the impact of today’s decisions on tomorrow’s energy systems.
14 Nov 19
Senegal: FAR announces financing update for the SNE field development offshore Senegal
FAR has appointed Macquarie Bank as an arranger of a debt facility of up to USD350 million for the development of the SNE oil field offshore Senegal
14 Nov 19
Tullow Oil announces November Trading Update
Tullow Oil has issued a Trading Update for the period 24 July to 13 November 2019. Full year 2019 West Africa net oil production from Ghana and non-operated portfolio forecast to average c.87,000 bopd.
14 Nov 19
Baron Oil announces proposed reverse takeover transaction with SundaGas
Baron Oil has entered into a non-binding Heads of Agreement with SundaGas whereby which Baron would acquire the entire issued share capital of SundaGas, a Singapore based private E&P company with a portfolio of operated gas and oil projects in SE Asia.
14 Nov 19
Premier Oil announces trading and operations update
Premier Oil has provided a Trading and Operations Update for the 10 months to 31 October 2019.
14 Nov 19
New Zealand: New Zealand Oil & Gas takeover by O.G. Oil & Gas fails to gain shareholder approval
New Zealand Oil & Gas has announced that the scheme of arrangement with O.G. Oil & Gas (Singapore) was not approved by minority shareholders and will be terminated.
13 Nov 19
Norway: OKEA completes sale of participating interests in Grevling and Storskrymten
OKEA has announced that the sale of 20 percent of the Company's participating interest in Grevling (PL 038D) and 18.57 percent of the Company’s participating interest in Storskrymten (PL 974) following Chrysaor Norge options exercise has now been consented to by the Ministry of Petroleum and Energy.
13 Nov 19
UK 32nd Offshore Licensing Round now closed
On 10 July 2019 the Oil and Gas Authority (OGA) launched the 32nd Offshore Licensing Round. After being open for 120 days, the round closed 12 November 2019. Awards are expected to be made in the second quarter of 2020.
13 Nov 19
Cambodia: KrisEnergy signs LOA for Cambodia Apsara oil platform fabrication
KrisEnergy has signed a conditional letter of award with Profab for the supply of a minimum facilities wellhead platform for the Apsara oil field, Cambodia’s maiden oil development. Apsara oil is scheduled to flow in the first half of 2020.
13 Nov 19
UK/Norway: Longboat Energy announces proposed placing to raise up to GBP10 million
Longboat Energy has announced its intention to proceed with an initial public offering to raise gross proceeds of up to £10 million and to seek admission of its shares to trading on AIM. Longboat Energy has been established by the successful former management team of Faroe Petroleum to fast track the creation of a new full-cycle North Sea oil and gas company.
13 Nov 19
Trinidad: Maersk Drilling awarded two-well contract for Maersk Developer offshore Trinidad
Maersk Drilling has entered into a contract with BG International, a subsidiary of Shell, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Maersk Developer.
13 Nov 19
Norway: North Energy completes intra-group merger with North Energy Norge
North Energy has announced the completion of the intra-group merger with North Energy Norge.
13 Nov 19
Indonesia: Coro Energy's Tambak-1 well successfully appraises Mako gas field
Coro Energy's Tambak-1 well in the Duyung PSC in the West Natuna basin, offshore Indonesia, has successfully appraised the Mako gas field. The well was designed as both an appraisal of the northeast flank of the Mako gas field as well as an exploration test of the Tambak prospect.
13 Nov 19
UAE: ADNOC and Total innovate in the field of seismic acquisition with the use of unmanned drones and vehicle
The Abu Dhabi National Oil Company (ADNOC) and Total have announced their collaboration to deploy the world’s first automated seismic acquisition system in Abu Dhabi. This pilot project, performed with Total’s Multiphysics Exploration Technology Integrated System (METIS), uses autonomous drones and a ground vehicle.
13 Nov 19
Guyana: Eco (Atlantic) Oil & Gas provides update on initial analysis of Jethro and Joe wells offshore Guyana
Eco (Atlantic) Oil & Gas has provided an additional operational update following initial well results analysis on its two recent oil discoveries Jethro-1 and Joe-1 on the on the Orinduik Block, offshore Guyana.
13 Nov 19
Argentina: Echo Energy completes Santa Cruz Sur acquisition
Echo Energy, the Latin American-focused upstream oil and gas company, has announced that the acquisition by the Company of a 70 per cent initially non-operated working interest in the Santa Cruz Sur package of five mature producing blocks from Petrolera El Trebol, a subsidiary of Phoenix Global Resources has now completed.
13 Nov 19
South Africa: Africa Energy announces 2D and 3D seismic programs offshore South Africa
Africa Energy has announced the award of new 2D and 3D seismic programs on Block 11B/12B offshore South Africa. The operator of Block 11B/12B, Total E&P South Africa, has contracted Shearwater GeoServices for the 2D seismic survey and Petroleum Geo-Servicesfor the second phase of 3D seismic on the block.
13 Nov 19
UK: E.ON and RWE complete renewable power supply agreement
E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting E.ON’s commitment to provide 100 percent renewable power for its UK customers.
12 Nov 19
Australia: Norwest Energy announces capital raising to fund Perth Basin exploration drilling
Perth Basin focused oil and gas exploration company Norwest Energy has received commitments to raise AUD3.25 million via a placement of securities and intends to undertake a Share Purchase Plan to raise up to a maximum of AUD500,000. Funds will be used for Perth Basin exploration drilling.
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