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19 Sep 18
Cyprus and Egypt ink deal for subsea gas pipeline
Europe stands to gain from an agreement Egypt is set to sign with the Mediterranean island nation of Cyprus to pipe offshore natural gas to processing plants in the north African country where it will be liquefied for export, Egypt’s oil minister said.
19 Sep 18
UK: Cuadrilla granted hydraulic fracturing consent for second horizontal shale gas well
Cuadrilla has received hydraulic fracturing consent from the Department for Business, Energy & Industrial Strategy (BEIS) for its second horizontal shale exploration well at its Preston New Road site in Lancashire. Consent was granted for the first horizontal well in July this year. Planning and permits required for both wells are already secured.
19 Sep 18
Norway: Equinor contracts West Hercules for Barents Sea drilling
Seadrill Norway Operations has been awarded a contract for drilling two exploration wells for Equinor in the Barents Sea using the West Hercules rig. Drilling is scheduled to start in the spring of 2019. The contract includes options for drilling nine additional wells.
19 Sep 18
Australia: Casino Henry secures new gas sales contract for 2019
Cooper Energy has announced that the Casino Henry Joint Venture (comprising Cooper Energy, Mitsui E&P Australia and Peedamullah Petroleum (a subsidiary of AWE)), has signed a new gas sales agreement with Origin Energy Retail.
19 Sep 18
Norway: Aker BP given consent to drill exploration well 24/9-13 in PL 869
Norway's Petroleum Safety Authority has given Aker BP, the operator of production licence PL 869, consent to drill exploration well 24/9-13. The well is in the North Sea, close to the Bøyla and Alvheim fields.
19 Sep 18
UK: Offshore gas and renewables could partner in power generation - OGA
An innovative partnership between gas platforms and windfarms could see more power generated - maximising both gas production and renewable electricity generation offshore, according to a report from the Oil and Gas Authority (OGA).
19 Sep 18
UK: Orsted divests 50 percent of Hornsea 1 offshore wind farm
Orsted has signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners. Hornsea 1 is under construction and will be the world’s largest offshore wind farm when commissioned in 2020.
19 Sep 18
UK: Hague and London Oil announces acquisition of Third Energy Offshore
Hague and London Oil has entered into an agreement for the conditional acquisition of the entire share capital of Third Energy Offshore. Third Energy Offshore’s portfolio includes interests in the Greater Pegasus Area (45%), and the high impact Andromeda prospect in the Southern North Sea.
19 Sep 18
UK: Heerema awarded Dunlin decommissioning contract
Heerema Marine Contractors in a consortium with AF Gruppen have received notice that Fairfield Betula intends to enter into a contract for the removal and disposal of the Dunlin Alpha topside in the UK continental shelf.
19 Sep 18
Rockhopper Exploration announces half-year results
AIM-listed Rockhopper Exploration, the oil and gas exploration and production company with key interests in the North Falkland Basin and the Greater Mediterranean region, has announced its results for the six months ended 30 June 2018.
19 Sep 18
Namibia: Global Petroleum awarded Block 2011A offshore Namibia
Global Petroleum has signed a Petroleum Agreement to acquire Block 2011A offshore Namibia. Block 2011A is located in the northern Walvis basin, immediately to the east of the Company's current licence, PEL0029, which comprises Blocks 1910B and 2010A.
18 Sep 18
Canada: Seadrill Partners awarded ExxonMobil contract offshore Canada
Seadrill Partners has secured a one well contract with multiple options with ExxonMobil for the West Aquarius, offshore Canada.
18 Sep 18
Shell announces methane emissions intensity target for oil and gas assets
Royal Dutch Shell has announced a target to maintain methane emissions intensity below 0.2% by 2025. This target covers all oil and gas assets for which Shell is the operator.
18 Sep 18
UK: United Oil & Gas announces oversubscribed placing to raise £3 million
United Oil & Gas has raised £3 million via an oversubscribed placing and subscription with existing and new investors. Funds to be used to pursue new projects in line with dual Company focus to build a portfolio of low risk, late stage appraisal/development projects in Europe and high impact exploration plays in the Caribbean, Latin America and Africa.
18 Sep 18
Germany: Iberdrola starts work on the Baltic Eagle offshore wind farm in Germany
Iberdrola has begun the geotechnical phase for the Baltic Eagle offshore wind farm in Germany, which will have a capacity of 476 megawatts (MW).
18 Sep 18
Norway: Equinor granted drilling permit for well 7324/3-1 in PL 615
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wildcat well 7324/3-1 in PL 615. The well will be drilled about 13 km west of the 7325/1-1 gas discovery, Atlantis, and about 30 km northwest of the 7325/4-1 oil/gas discovery, Gemini Nord, and will test the Intrepid Eagle prospect.
18 Sep 18
China: CNOOC commences production at the Penglai 19-3 oilfield 1/3/8/9
CNOOC Limited has announced that the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production. The project, located in south central Bohai Sea, is expected to reach its peak production of approx. 58,700 barrels of crude oil per day in 2020.
18 Sep 18
United Oil & Gas announces interim results - updates operations
United Oil & Gas has announced its results for the six months ended 30 June 2018 and provided an update on its operations in the UK, Italy and Jamaica. The Company sees potential farm-in activity at its recently awarded Central North Sea Blocks 15/18d and 15/19b, containing the Crown Palaeocene discovery, in which it has a 95% interest.
18 Sep 18
Norway's production decreases in July 2018
Preliminary production figures for August 2018 show an average daily production of 1,870,000 barrels of oil, NGL and condensate, which is a decrease of 42,000 barrels per day compared to July.
18 Sep 18
Brazil: Aker Solutions wins major services contract with Petrobras
Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil.
18 Sep 18
Faroe Petroleum announces 2018 interim results
Faroe Petroleum, the independent oil and gas company focusing on exploration, appraisal and production opportunities in Norway and the UK, has announced its unaudited Interim Results for the six months ended 30 June 2018.
18 Sep 18
Nigeria: Eland Oil & Gas announces Opuama and Ubima field update
AIM-listed Eland Oil & Gas has announced an update on the Opuama-10 and Opuama-11 wells in licence OML 40 and Ubima.
18 Sep 18
UK: i3 Energy announces joint venture and operational update
i3 Energy has announced an update regarding the exclusivity period entered into with a potential joint venture partner for the farmout of its Liberator development offshore UK.
18 Sep 18
UK: Union Jack Oil announces unaudited results for the six months ended 30 June 2018
Union Jack Oil, a UK focused, onshore oil and gas production, development and exploration company, has announced its unaudited results for the Half Year ended 30 June 2018.
18 Sep 18
TGS announces new Multibeam and Seep Study Project in the MSGBC Basin
TGS has announced its first regional offshore MSGBC SeaSeep Project in the North West Africa Atlantic Margin.
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