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10 Dec 19
Norway: Var Energi completes the acquisition of ExxonMobil’s upstream business in Norway
Var Energi celebrates one year as a company and strengthens NCS position as the acquisition of ExxonMobil’s upstream business in Norway is completed. With the closing of the ExxonMobil acquisition, Var Energi doubles its production from the shelf.
10 Dec 19
Mexico: Oil companies swap stakes in Mexico as government holds off on auctions
With Mexico’s government insisting that energy companies increase oil and gas output before it auctions off more of the country’s vast reserves or offers more partnerships with state-run Pemex, firms ranging from foreign majors to local players are scrambling to buy and sell blocks they already own.
10 Dec 19
DOF Subsea secures integrated FSV contract in Africa
DOF Subsea has entered into a 2 month long contract with an international energy client in Africa. The project will utilise Skandi Seven and commence operations in direct continuation with the ongoing commitment for the vessel.
10 Dec 19
Brazil: Petrobras completes sale of 34 onshore fields in Rio Grande do Norte
Petrobras reports that it has completed the sale of its entire stake in 34 onshore production fields located in the Potiguar Basin, in the state of Rio Grande do Norte, to Potiguar E&P, a subsidiary of Petroreconcavo.
10 Dec 19
UK: TGS makes first sale of multi-client seismic data for use in Carbon Capture Project
TGS has completed the sale of one of its seismic datasets to OGCI Climate Investments’ Net Zero Teesside project, a carbon capture, utilization and storage (CCUS) initiative planned for the North East of England. The data is to be used to verify the suitability for storage of CO2 in offshore reservoirs located in the Permian Gas Basin in the Southern North Sea.
10 Dec 19
Australia: Project Atlas achieves first gas sales ahead of schedule
Senex Energy has announced that Project Atlas achieved first gas sales into the east coast market ahead of schedule, with gas being sold to Queensland power generator CleanCo.
09 Dec 19
Tullow Oil announces Board changes and 2020 guidance
Tullow Oil has provided a forward-looking production and financial update and announced a number of changes to the Board that take effect immediately.
09 Dec 19
Norway: Zenith Energy cancels proposed acquisition of Norwegian subsidiary
Zenith Energy has decided to discontinue its plans to acquire a Norwegian oil and gas company, Nordic Petroleum. Zenith will continue with its plans to establish a Norwegian vehicle for intended participation in future licensing rounds in Norway as well as to actively pursue the potential acquisition of mature energy production assets.
09 Dec 19
Nigeria: Shelf Drilling secures contract extension on the Trident XIV in West Africa
Shelf Drilling has secured a one-year extension on the Trident XIV jack-up rig in direct continuation of its current contract for workover operations offshore Nigeria. The expected availability of the rig is now February 2021.
08 Dec 19
US: Equinor completes the sale of its Eagle Ford asset to Repsol
Equinor and Repsol have completed their previously announced transaction, whereby Equinor has sold its 63 percent interest in, and operatorship of, its onshore business in the Eagle Ford in the US state of Texas.
08 Dec 19
Brunei: Fugro performs first deepwater AUV and geotechnical site survey for Brunei Shell Petroleum
Fugro has successfully completed the first deepwater autonomous underwater vehicle (AUV) site survey for Brunei Shell Petroleum Company.

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