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20 Jul 18
UK: Beatrice Offshore Wind Farm generates first power
Beatrice, Scotland’s largest offshore wind farm, has started generating power for the first time. Following the successful installation of the first 7MW turbine, Beatrice Offshore Windfarm Limited has exported power to the National Grid for the first time.
20 Jul 18
Egypt: TransGlobe's NW Sitra 9 exploration well in the Western Desert disappoints
TransGlobe Energy has announced an update on its drilling operations in Egypt. In the Western Desert, the NW Sitra 9 exploration well (Cretaceous target) has been abandoned as dry.
20 Jul 18
PNG LNG signs mid-term sales agreement with PetroChina
Santos has advised that the PNG LNG Project co-venturers have entered into a mid-term LNG sale and purchase agreement (SPA) with PetroChina, for the supply of LNG commencing in July 2018.
20 Jul 18
US: Mosman Oil and Gas provides update on the Stanley Development Drilling Project, onshore Texas
Mosman Oil and Gas has provided an update in respect to the Stanley Development Drilling Project, onshore Texas. The Stanley-1 well, the first well to be drilled under the recently announced Strategic Alliance with Baja Oil and Gas, commenced drilling on 19 July and is proceeding on schedule.
20 Jul 18
Iraq: DNO reports payment for Tawke deliveries
DNO, the Norwegian oil and gas operator, has reported receipt of USD 62.33 million as payment for April 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy pro-rata to the companies' interests in the license.
20 Jul 18
US: TGS announces expansion of onshore seismic project in North America
TGS has announced expansion of its 2018 onshore seismic survey Dawson Phase II in Canada, will now cover approx. 428 km2 in the prolific Montney shale formation.
20 Jul 18
Ireland: Providence Resources provides technical update on Frontier Exploration Licence 3/04 - Dunquin South
Providence Resources has provided a technical update regarding the Eni-operated Frontier Exploration Licence ('FEL') 3/04 located in the southern Porcupine Basin. Interpretation of the recently acquired Dunquin 3D seismic data has confirmed the presence of the previously mapped Dunquin South prospect.
20 Jul 18
Italy: Eni and ENEA launch a joint scientific research and technology partnership
Eni and ENEA have signed a partnership to start research in strategic scientific and technological areas which have considerable potential impact for the Country, including the circular economy, alternative energy and environmental protection.
19 Jul 18
Norway oil workers and employers agree deal - strike ends
Norwegian drilling rig workers will end their industrial action after the union representing 1,600 striking employees reached a deal with the group acting for their employers, the parties said on Thursday.
19 Jul 18
Ireland: Sosina reports large number of seabed pockmarks imaged on Newgrange site survey data
SOSINA Exploration has provided an update on Frontier Exploration Licence ('FEL') 6/14 that contains the Newgrange Prospect. Initial analysis of the seabed data over the proposed Newgrange well location has confirmed the presence of more than 100 seabed pockmark features, which may be the result of fluid seepage from the underlying geology.
19 Jul 18
Baker Hughes reaches agreement to sell its Natural Gas Solutions business
Baker Hughes, a GE company, has announced an agreement to sell its Natural Gas Solutions (NGS) business to two separate entities, First Reserve and Pietro Fiorentini, for a combined value of $375 million.
19 Jul 18
GoM: Talos Energy announces early production start of Mt. Providence well
Talos Energy has announced that the Mt. Providence well in the Company's Mississippi Canyon complex has started production ahead of schedule. The well has been hooked up to the 100% Talos owned Pompano platform.
19 Jul 18
Turkey: TSE Petrofac JV secures PMC services contract in Turkey
Petrofac, in a joint venture with Turkish Standards Institution (TSE), has secured a three-year multi-million dollar Project Management Consultancy (PMC) services contract in support of the BOTAS North Marmara Underground Gas Storage Expansion Project (Phase III) in Turkey.
19 Jul 18
UAE: ADNOC awards contracts to CNPC affiliate for world’s largest 3D seismic survey
The Abu Dhabi National Oil Company (ADNOC) has awarded contracts to a CNPC affiliate worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 sq kms.
19 Jul 18
UK: M2 Subsea secures contract with Premier Oil
M2 Subsea has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel, which is situated in the Balmoral field, Block 16/21a and 16/21b of the central North Sea.
19 Jul 18
Indonesia: PGS expands Indonesia 3D multiclient seismic with South Makassar Survey
A third new Indonesian MC3D survey in the Sebuku area, starting mid-July, will reveal the potential for deeper plays in the South Makassar Basin, and enable prospect delineation and development.
19 Jul 18
Russia: NOVATEK ships first LNG cargos to China
NOVATEK has shipped its first cargos of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route.
19 Jul 18
UK: OGTC launches 'Facility of the Future' initiative to transform oil and gas developments
The Oil & Gas Technology Centre (OGTC) has launched an industry-backed ‘Facility of the Future’ initiative that could halve the cost of developing and operating an oil and gas facility and help unlock more than 3.5 billion barrels of reserves in marginal discoveries on the UK Continental Shelf (UKCS).
19 Jul 18
Diversified Gas & Oil announces closing of $1 billion credit facility
Diversified Gas & Oil has announced the closing of an enlarged $1 billion credit facility in conjunction with the closing of the acquisition of Appalachian oil and gas and midstream assets from EQT Corporation.
19 Jul 18
US: Diversified Gas & Oil completes acquisition of Appalachian Basin assets for $575 million
Diversified Gas & Oil has completed the acquisition of EQT Corporation's southern Appalachian producing gas and oil and midstream assets, increasing the Company's daily production by approx. 115% to over 60,000 barrels of oil equivalent per day, firmly establishing DGO as the largest gas and oil producer on AIM.
19 Jul 18
Woodside announces Q2 report for period ended 30 June 2018
Woodside has announced its second quarter report for the period ended 30 June 2018. Woodside CEO Peter Coleman said the start up of LNG production from Wheatstone Train 2 was the highlight of the period, which also saw another strong quarter of performance at Pluto.
18 Jul 18
Nigeria's Senate to investigate 'anomalies' in renewal of oil leases
Nigeria's upper house of parliament has said it will investigate anomalies in the renewal of oil leases by the Ministry of Petroleum. Nigeria is Africa's biggest crude oil producer and oil sales make up around two-thirds of government revenue. Oil companies must periodically renew their oil block licences to continue extraction or exploration.
18 Jul 18
Algeria: Eni and SONATRACH strengthen cooperation in the gas sector in Algeria
Eni and Sonatrach have signed an agreement that represents a further step towards the strengthening of their partnership in the Berkine basin and have agreed to begin a negotiation to look into extending the gas supply beyond the contractual deadline of 2019.
18 Jul 18
US: Fairfield Geotechnologies and Ikon Science finalise JV
Fairfield Geotechnologies and Ikon Science have formally signed a joint venture agreement to offer complete geoprediction services to the oil and gas industry in North America.
18 Jul 18
US: Permian region natural gas prices fall as production continues to grow - EIA
The EIA reports that the natural gas spot price spread between the Permian Basin, as priced at the Waha Hub in western Texas, and the U.S. national benchmark Henry Hub in Louisiana has grown considerably in the past year. Natural gas prices at Waha are nearly a dollar per million British thermal units (MMBtu) lower than Henry Hub prices.
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