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19 Jan 18
Mexico's energy opening faces test in deepwater oil auction
An auction of deepwater oil and gas fields in Mexico this month may prove the last major opportunity for President Enrique Pena Nieto’s government to capitalize on its opening of the energy sector, the central plank of its economic agenda.
19 Jan 18
Transocean shareholders approve acquisition of Songa Offshore SE
Transocean has concluded its extraordinary meeting of shareholders ('EGM') approving all of the proposals related to the acquisition of Songa Offshore SE.
19 Jan 18
Iraq: Genel Energy announces Bina Bawi and Miran West gas resource update
Genel Energy has announced that RPS Energy Consultants, as part of its work on the updated competent person's reports ('CPRs') for the Bina Bawi and Miran West fields, has finalised its evaluation of the contingent gas resources at both assets.
19 Jan 18
Norway: VNG to evaluate options to maximise the value of its Norwegian E&P business
As part of VNG Group’s strategic programme, VNG is exploring strategic options for its oil and gas exploration and production business in Norway and Denmark, VNG Norge.
19 Jan 18
Namibia: Global Petroleum commences farmout process for its Namibian interests
Global Petroleum has announced that, following its recent notification of the publication of the Competent Person's Report ('CPR') on its Namibian Blocks 1910B and 2010A (Licence PEL0029), the Company will shortly commence a structured farmout process, with the intention of future work on the block being financed by a farminee.
19 Jan 18
Italy: Significant Italian gas discovery confirmed for Po Valley
Strong gas flows on test have confirmed a significant commercial discovery for Australia’s Po Valley Energy at its new Selva gas field in northern Italy.
19 Jan 18
Cameroon: CGG supports Cameroon's 2018 Licensing Round
CGG has announced that it has an agreement with Société Nationale des Hydrocarbures (SNH), the National Oil and Gas Company of Cameroon, to promote enhanced multi-client E&P data packages and interpretative products, in support of Cameroon’s 2018 Onshore & Offshore Licensing Round.
18 Jan 18
US: BOEM seeks public input for 2019-2024 National OCS Offshore Oil and Gas Leasing Program
The Bureau of Ocean Energy Management (BOEM) is seeking public input for the 2019-2024 National OCS Offshore Oil and Gas Leasing Program.
18 Jan 18
UK: Dolphin Drilling announces new drilling contract for Blackwood Dolphin
Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has entered into a one well plus four option contract with BP Exploration Operating Company for use of the semi-submersible drilling rig Blackford Dolphin for operations in the UK North Sea.
18 Jan 18
Iraq and BP sign deal to boost Kirkuk crude output - oil ministry
Iraq signed a memorandum of understanding with BP on Thursday to boost production capacity at its northern Kirkuk oilfields, the country’s oil ministry said in a statement.
18 Jan 18
UK: EnQuest seeks buyers for stake in North Sea Kraken field
North Sea-focused oil and gas producer EnQuest is reported to have hired investment bank Jefferies to advise on a sale of a 20 percent stake in its recently-started Kraken field.
18 Jan 18
Ghana: ExxonMobil acquires exploration acreage offshore Ghana
ExxonMobil has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block. Exploration activities, including acquisition of seismic data and analysis, are expected to commence later in 2018.
18 Jan 18
UAE: Fugro undertakes marine and land surveys for strategic UAE Hail and Ghasha gas development
Fugro has commenced a programme of geophysical and geotechnical surveys as part of the Hail and Ghasha sour gas development, a landmark project by the Abu Dhabi National Oil Company (ADNOC).
18 Jan 18
UK: Upland Resources pulls out of Wressle development deal with Europa Oil & Gas
Europa Oil & Gas has announced that, following the rejection of Egdon’s appeals against the two planning refusals by North Lincolnshire County Council’s Planning Committee regarding the Wressle oil field development, Upland Resources has informed Europa of its intention to withdraw from its agreement to acquire a 10% interest in PEDLs 180 and 182.
18 Jan 18
Netherlands: Tulip Oil announces the FID for the Q10 offshore gas development
Tulip Oil Netherlands Offshore, a wholly owned subsidiary of Tulip Oil Holding, has announced the Final Investment Decision related to the development of the Q10 gas field, offshore the Netherlands.
18 Jan 18
Myanmar: Shearwater GeoServices awarded large seismic survey for Total and Eni offshore Myanmar
Shearwater GeoServices has been awarded a 10,000 sq km marine seismic acquisition services contract by Total and Eni for their 2018 exploration program, located approx. 300 kms offshore Myanmar.
18 Jan 18
Tanzania: Wentworth Resources announces Tanzania reserves update
Wentworth Resources has announced the results of its annual independent evaluation of the gas reserves within the Mnazi Bay Concession in Tanzania, carried out by RPS Energy Canada on behalf of Maurel et Prom (Operator) and Wentworth Resources.
18 Jan 18
UK: Ithaca Energy sells Wytch Farm oil field stake to Verus Petroleum
Ithaca Energy, a Company wholly owned by the Delek Group, has entered into an agreement for the sale of its entire interest in Licences PL089, P534 and PEDL 328, which contain the onshore Wytch Farm field, to Verus Petroleum for a cash consideration of $53 million.
18 Jan 18
Guyana: Eco (Atlantic) and Tullow enter into to enter Phase Two of the Initial Period for the Orinduik licence offshore Guyana
Eco (Atlantic) Oil & Gas and operator Tullow Oil have elected to enter Phase Two of the Initial Period for the Orinduik licence offshore Guyana.
18 Jan 18
UK: Union Jack Oil comments on Wressle oil field new planning application - restates its UK onshore strategy
JV partner Union Jack Oil notes the announcement made by the operator Egdon Resources in respect of a forward plan for the Wressle oil field and to initiate a new planning application process and has taken the opportunity to restate Union Jack's forward strategy on its wider UK onshore portfolio in today's favourable oil price environment.
18 Jan 18
UK: Egdon Resources to submit new planning application for Wressle oil field development
AIM-listed Egdon Resources has announced plans to prepare and submit a new planning application to North Lincolnshire Council seeking its consent for the Wressle oil field development.
17 Jan 18
Cote d'Ivoire: Ivory Coast awards Tullow two new oil and gas blocks
Ivory Coast awarded Tullow Oil two new oil and gas blocks on Wednesday, including one along the maritime boundary with Ghana, government spokesman Bruno Kone said. The two blocks are CI-520, an onshore block near the commercial capital Abidjan, and CI-524, which is adjacent to its acreage in Ghana.
17 Jan 18
New Zealand: TAG Oil to drill high impact exploration well Pukatea-1
TAG Oil and its joint venture partner Melbana Energy have begun operations on the Pukatea-1 exploration well. The Pukatea-1 well is adjacent to the Waihapa oil field that has produced more than 23 MMbbl from the Tikorangi Limestone and where individual wells produced up to ~5,000 bbl/d.
17 Jan 18
India to auction 55 oil and gas exploration blocks
India will begin the auction of 55 oil and gas exploration blocks from Thursday under new rules, the country’s first licensing round after eight years, as it seeks to unlock its vast hydrocarbon resources, the upstream regulator said.
17 Jan 18
Chile: GeoPark announces new gas play discovery in Chile
GeoPark has announced the successful drilling and testing of the Uaken-1 exploration well in the Fell block in Chile. A production test through different chokes in the El Salto formation resulted in an average production rate of 0.8 million standard cubic feet per day of gas.
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