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24 Sep 20
UK: Job support scheme provides certainty but focus on green recovery must continue - OGUK
OGUK, the leading representative for the UK’s offshore oil and gas industry, has initially welcomed the winter economy plans announced by the Chancellor, noting it will seek further information on the details of the proposals in the coming days.
24 Sep 20
Ascent Resources announces interim results
Ascent Resources, the AIM quoted onshore Caribbean, Hispanic American and European energy and natural resources focussed company, has reported its interim results for the six months ended 30 June 2020.
24 Sep 20
Weatherford and Safe Influx sign Memorandum of Understanding
Weatherford International has signed a Memorandum of Understanding (MoU) with Safe Influx, the world's only provider of Automated Well Control technology.
24 Sep 20
Falklands: Borders & Southern announces unaudited results
AIM-listed Borders & Southern Petroleum has announced its unaudited interim financial statements for the six months to 30 June 2020. The Company is still seeking a farmout of its Darwin gas condensate discovery offshore Falklands.
24 Sep 20
Australia: DOF Subsea Australia contracted by Woodside Energy
Woodside has awarded DOF Subsea Australia a contract to provide Transportation & Installation (T&I) services in support of flowline installation operations in the Cossack Wanaea Lambert and Hermes (CWLH) field, North West Shelf, Australia.
24 Sep 20
Nigeria: Canadian Overseas Petroleum provides update on its drilling licence extension for OPL 226
Canadian Overseas Petroleum has provided an update on its drilling licence extension for OPL 226, offshore Nigeria.
24 Sep 20
Georgia: Block Energy announces operational and corporate update
Block Energy, the exploration and production company focused on Georgia, has announced an operational and corporate update. Significant operational progress has been made at the Company's Early Production Facility with first gas on schedule for Q4 2020.
23 Sep 20
Austria: VERBUND acquires OMV’s 51% stake in Gas Connect Austria
OMV, the international, integrated oil and gas company headquartered in Vienna, and VERBUND, Austria’s leading electricity company and one of the largest hydropower producers in Europe, have announced the sale of the 51% interest in Gas Connect Austria by OMV to VERBUND.
23 Sep 20
UK: Archer secures a four-year contract extension for platform drilling and maintenance services with Apache in the North Sea
Archer has secured a four-year contract extension with Apache Corp for the provision of platform drilling operations and maintenance services on Beryl Alpha and Bravo, Forties Alpha, Bravo, Charlie and Delta in the UK North Sea.
23 Sep 20
Brazil/US: Maha Energy announces operational update
Maha Energy has announced an operational update for its activities in Brazil and the United States. The Company's compression project at the Tie field in Brazil has been successfully commissioned
23 Sep 20
UK: OGA appoints firm to operate National Data Repository
The Oil and Gas Authority (OGA) has appointed Osokey as collaborative partner in developing the National Data Repository (NDR) platform, as a critical element of the OGA Digital Energy Platform.
23 Sep 20
Norway: Aker Solutions wins electrification work for Lundin Energy Norway
Aker Solutions has signed an engineering, procurement, construction and integration (EPCI) contract for the integration of a high-voltage electrical boiler package as part of the electrification of Lundin Energy Norway's Edvard Grieg platform.
23 Sep 20
Reabold Resources announces interim results
Reabold Resources, the AIM investing company which focuses on investments in upstream oil and gas projects, has announced its unaudited interim results for the six months ended 30 June 2020.
23 Sep 20
Energy transition could push oil majors to sell or swap oil and gas assets of more than USD100 billion - Rystad Energy
The global energy market is on the brink of a major transition to cleaner sources of energy. To adjust and transform, the world’s largest oil and gas firms are revising their long-term oil price and demand outlook, and need to streamline their portfolios significantly to improve cash flow, cost efficiency and competitiveness.
23 Sep 20
UK: Angus Energy announces proposed placing and proposed debt financing
Angus Energy has announced that, with the support of Saltfleetby Energy Limited, its 49% partner in the Saltfleetby Gas Field, the Company has engaged Gneiss Energy, a strategic and financial advisory firm operating in the energy and natural resources sectors, to raise up to £12 million through the issue of a senior secured debt facility to assist in funding the redevelopment of the Field.
22 Sep 20
UK: NEO Energy engages Progressive TSL to extend their Infor based solution
Progressive TSL are working with NEO to extend their SunSystems solution to cover Financial Management and Procurement as part of their current period of strategic transition. NEO Energy is an independent full-cycle energy business in the UK Continental Shelf, backed by HitecVision, a leading provider of institutional capital to the North Sea region’s energy industry.
22 Sep 20
Longboat Energy announces results for half year ended 30 June 2020
Longboat Energy, established by the former management team of Faroe Petroleum to build a significant North Sea-focused E&P business, has announced its half-year results. As a result of policy changes and strategic shifts by existing players, the Company believes there will be increased opportunities to secure quality assets on attractive terms in the period ahead.
22 Sep 20
GoM: BOEM, BSEE advance new research on potential policy changes to increase oil and gas production in the Gulf of Mexico
The Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) announced they will advance new research into whether certain policy changes could help increase oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico (GOM).
22 Sep 20
DOF Subsea announces contract awards in APAC region
OF Subsea has been awarded two contracts in the Asia Pacific region, securing backlog for the onshore team and offshore fleet.
22 Sep 20
UK: IGas Energy announces unaudited interim results for the six months ended 30 June 2020
AIM-listed IGas Energy has announced its unaudited interim results for the six months to 30 June 2020. The Company has continued to achieve solid results in its production business, delivered the Scampton Waterflood project on budget and schedule and completed a significant transaction with the acquisition of the UK geothermal developer, GT Energy.
22 Sep 20
Aker BP awards work to Deepsea Stavanger upon return from South Africa
Aker BP and Odfjell Drilling have signed a contract that commits further work to Deepsea Stavanger under the existing Frame Agreement. The initial contract scope is five wells and has an estimated contract value of up to USD 44 million plus incentives.
22 Sep 20
Coro Energy announces interim results
Coro Energy, the Southeast Asian focused energy company, has announced a revised regional strategy, including renewables, and released its unaudited interim results for the six month period ended 30 June 2020.
22 Sep 20
US: Northern Oil and Gas announces completion of reverse stock split and provides strategic outlook
Northern Oil and Gas has announced the completion of its reverse stock split and other business updates. Armed with a growing opportunity set and a rigorous investment methodology, Northern continues to execute on its multi-year path to generate free cash flow, reduce debt, improve margins, and grow the business in a responsible manner.



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