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17 Aug 18
Maersk to demerge Maersk Drilling
A.P. Moller - Maersk has decided to pursue a demerger via a separate listing of Maersk Drilling on Nasdaq Copenhagen in 2019.
17 Aug 18
PNG LNG signs mid-term sales agreement with BP Singapore
Santos has advised that the PNG LNG Project co-venturers have entered into a mid-term LNG sale and purchase agreement (SPA) with BP Singapore, for the supply of LNG commencing in August 2018.
17 Aug 18
UK: Independent Oil and Gas secures Harvey appraisal well funding
Independent Oil and Gas has announces the proposed funding of its 100% owned and operated high-impact Harvey appraisal well, which is scheduled to spud in Q4 2018.
16 Aug 18
Iraq: DNO presses foot on accelerator in Kurdistan
DNO has announced plans for its first dividend distribution to shareholders in 13 years following release of strong half-year 2018 results. The Company continues to ramp up activity in Kurdistan with fast track development of the Peshkabir field and will have two rigs active at the flagship Tawke field to reverse natural field decline. DNO is also planning to spud its first well on the Baeshiqa licence in September.
16 Aug 18
DNO requests General Meeting to propose Faroe Petroleum Board appointments
DNO has requested that a General Meeting of Faroe Petroleum be convened for the purposes of considering a shareholder resolution to appoint the Executive Chairman and the Managing Director of DNO to the Faroe Petroleum Board. Faroe intends unanimously to recommend that shareholders vote against DNO’s Proposed Resolutions.
16 Aug 18
Israel: Energean Oil & Gas announces independent certification of reserves and resources in Israel
Energean Oil and Gas has received an updated independent CPR from Netherland Sewell & Associates for its Israeli portfolio. The updated CPR includes the certification of 63 bcm (2.2 Tcf) of 2P reserves and 7.5 Tcf of gross prospective resources and is the first assessment of prospective resources in the new Blocks (12, 21, 22, 23 and 31) that were awarded as part of the recent offshore licensing round.
15 Aug 18
US: Carrizo Oil & Gas announces Delaware Basin acquisition
Carrizo Oil & Gas has agreed to acquire Delaware Basin properties from Devon Energy for $215 million in cash. The majority of the acreage is adjacent to the Company’s existing acreage.
15 Aug 18
Norway: Pandion Energy acquires 10 percent of PL 820S from Wintershall
Pandion Energy has entered into an agreement with Wintershall Norge to acquire a 10 percent interest in PL 820S in the Norwegian North Sea. The licence is located in Blocks 25/7 & 8, north-northwest of the Balder and Ringhorne fields. An exploration well is planned to be drilled in the licence in 2019.
15 Aug 18
Russia: Nord Stream 2 receives all permits required for construction of pipeline in Russia
Nord Stream 2, the developer of a pipeline to supply Russian natural gas to the EU market through the Baltic Sea, has received a permit for the installation of an underwater pipeline in the territorial sea of the Russian Federation.
15 Aug 18
Bulgaria: Woodside farms into Bulgaria Black Sea block in deal with Shell
Announcing its Half Year Report 2018, Woodside reported that in July 2018 the Company entered into a farm-in agreement with Shell to acquire a 30% non-operated participating interest in Block 1-14 Khan Kubrat, located within the continental shelf and exclusive economic zone of the Republic of Bulgaria in the Black Sea.

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