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25 Mar 19
Brazil: ANP approves pre-announcement of the 16th Round of Bids
The ANP board on March 22 approved the pre-announcement of the 16th Round of Bids for Exploration Blocks, scheduled to be held on October 10. The round will offer 36 blocks in five sedimentary basins (Campos, Camamu-Almada, Jacuípe, Pernambuco-Paraíba and Santos).
25 Mar 19
GoM: W&T Offshore apparent high bidder on 15 blocks in Gulf of Mexico Lease Sale 252
W&T Offshore was the apparent high bidder on 15 blocks in the Gulf of Mexico Lease Sale 252 held by the Bureau of Ocean Energy Management ('BOEM').
25 Mar 19
Australia: Jadestone Energy suspends Stag infill drilling due to tropical cyclone Veronica
Jadestone Energy reports that its infill drilling programme at the Stag oil field, offshore Western Australia, has been paused due to severe weather conditions related to tropical cyclone Veronica.
25 Mar 19
KCA Deutag secures USD54M of new land drilling contracts in the Middle East, Russia, Europe and Africa
KCA Deutag has announced the award of new contracts on the back of strong tendering activity in its land drilling business. These contracts, with a combined value of approx. USD54M, are for drilling operations in the Middle East, Russia, Europe and Africa.
25 Mar 19
Polarcus announces redelivery of Vyacheslav Tikhonov
Polarcus has exercised its option for the redelivery of 'Vyacheslav Tikhonov', originally named 'Polarcus Selma' including an option for the bareboat charterer of the vessel Sovcomflot to redeliver the vessel on no less than 30 days' notice.
25 Mar 19
Oil and Gas Authority launches one of the largest ever public data releases
The Oil and Gas Authority (OGA) has launched what is believed to be one of the largest ever single open releases of data with the launch of the UK’s first UK Oil and Gas National Data Repository (NDR).
25 Mar 19
Indonesia: TechnipFMC awarded large integrated EPCI contract for the Eni Merakes field offshore Indonesia
TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approx. 1,500 meters.
25 Mar 19
UK: Rathlin Energy signs rig contract for West Newton well
Reabold Resources has announced that Rathlin Energy, operator of the PEDL 183 license onshore UK, has signed a rig contract for the drilling of the West Newton appraisal well, expected to spud in April 2019.
25 Mar 19
Morocco: Sound Energy reports increase in Tendrara TE-7 connected gas volume
Latest pressure measurements at the TE-7 well in Eastern Morocco has led to an increase in the Company's estimate of connected GOIP around TE-7 to a volume exceeding 115 Bscf. The significant increase in estimates of minimum GOIP connected to the TE-7 well provides support for the Company's field development plan.
25 Mar 19
Sterling Energy announces annual results for Y/E 31 December 2018
Sterling Energy has issued its preliminary results for the year ended 31 December 2018.
25 Mar 19
Australia: Shell ships first condensate cargo from Prelude off Western Australia
Royal Dutch Shell on Monday said it had shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia over the weekend.
24 Mar 19
Norway: Record-breaking lift completes the Johan Sverdrup field centre
Three days - that’s what it took to lift four of the last pieces in the Johan Sverdrup puzzle into place – the two final platform topsides, a bridge and a flare stack. The processing platform lift was the heaviest lift ever performed offshore.
24 Mar 19
GoM: Petsec Energy's Main Pass Block 273B-2 appraisal/development well on the Hummer gas/oil field disappoints
Petsec Energy has announced that the Main Pass Block 273 B-2 appraisal/development well in the Gulf of Mexico, USA was drilled to a final depth of 15,990 feet TVD/17,570 feet MD and did not encounter commercial hydrocarbons.
24 Mar 19
Norway: EMGS receives LOI for multi-client survey in the Norwegian Barents Sea
Electromagnetic Geoservices ('EMGS') has received a letter of intent for a fully pre-funded multi-client survey in the Norwegian Barents Sea. The total value of the letter of intent is approx. USD 2.5 million. The Company will mobilise the vessel Atlantic Guardian to carry out the survey.
24 Mar 19
UAE: ADNOC signs MoU agreements with OMV and Borealis
The Abu Dhabi National Oil Company (ADNOC) has signed two Memorandum of Understanding’s (MoUs) with OMV and one MoU with Borealis to explore new opportunities for collaboration in the downstream sector.
24 Mar 19
UK: CNOOC Ltd hires Island Innovator for West of Shetland well
Island Drilling Company has been awarded a contract with CNOOC Petroleum Europe, a wholly-owned subsidiary of CNOOC Ltd, to drill one well on the Howick prospect, located West of Shetland in Block 206/21.
22 Mar 19
SDX Energy announces Q4 and Y/E 2018 financial and operating results and guidance for 2019
SDX Energy, the North Africa-focused oil and gas company, has announced its financial and operating results for the three months and year ended December 31, 2018. During 2018, SDX achieved strong operational success across its portfolio, significantly grew its annual cash flows, achieved its Egyptian production targets and began to grow its Moroccan business meaningfully.
22 Mar 19
UK: i3 Energy announces operational and financial update
i3 Energy, an independent oil and gas company with assets and operations in the UK, has provided an operational and financial update. With its recent fundraise, the Company is now driving operational progress for its operated three-well drilling campaign in the Greater Liberator Area in Summer 2019.
22 Mar 19
US: Reabold Resources annouces spudding of second well at Monroe Swell
Reabold Resources has announced that Integrity Management Solutions has commenced drilling operations at the Burnett 2B well within the Monroe Swell field, onshore California, in which Reabold expects to earn a 50 per cent equity interest.
22 Mar 19
Solo Oil announces strategy update
AIM-listed Solo Oil has provided a corporate strategy update that sets out the medium-term growth objectives for the Company. Solo is seeking to assemble a balanced, full lifecycle portfolio comprised of production, development and exploration assets that provide a sustainable path for growth alongside funded G&A.
22 Mar 19
Australia: Equinor receives more than 30,000 submissions on its draft environment plan for drilling activity in the Great Australian Bight
The public comment period has now closed for submissions on Equinor’s draft environment plan for for the proposed Stromlo-1 exploration drilling program in permit EPP 39 in the Great Australian Bight. NOPSEMA received more than 30,000 submissions during the 30 day public comment period.
22 Mar 19
Denmark: Semco Maritime awarded EPCI contract with Total as part of the Tyra redevelopment project
Semco Maritime has been awarded an EPCI contract with Total as part of the Tyra redevelopment project. The work scope includes preparatory engineering work followed by system installation on five unmanned satellite platforms at the Tyra complex.
21 Mar 19
UK: Oil and Gas Authority advancing collaboration with renewables
Over the past year, the Oil and Gas Authority has started significant work on how it can support the energy transition alongside the core role of maximising economic recovery of UK oil and gas. The OGA’s role in the energy transition has taken a further step, with the commencement of a new project to explore the potential for a more integrated offshore energy sector.
21 Mar 19
McDermott awarded substantial offshore EPCI contract in the Middle East
McDermott International has been awarded a substantial contract award from a Middle East customer for engineering, procurement, construction and installation (EPCI) services in the Arabian Gulf.
21 Mar 19
Malaysia: Murphy Oil announces strategic sale of Malaysian portfolio to PTTEP for USD2.127 billion
Murphy Oil has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries to a subsidiary of PTTEP for USD2.127 billion in an all-cash transaction. The strategic exit from Malaysia simplifies the Company and enables enhanced focus on Western Hemisphere assets.
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