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20 Jan 21	The UK offers operators best profit conditions to develop big offshore fields; Kuwait, Canada follow - Rystad Energy This year marks the beginning of a recovery after a disappointing 2020, when the Covid-19 pandemic caused sanctioning of offshore projects to dip to $44 billion from $99 billion the year before. Rystad Energy projects offshore sanctioning to rebound to at least $56 billion in 2021 and keep rising to as high as $131 billion in 2023.
20 Jan 21	Norway: Spirit Energy awarded three new licences in Norway's APA 2020 Spirit Energy has been awarded 3 new licences in the 2020 Awards in Predefined Areas (APA) licensing round on the Norwegian Continental Shelf (NCS).
20 Jan 21	BHP announces operational review for half year ended 31 December 2020 BHP has announced an operational review for the half year ended 31 December 2020. Total petroleum production decreased by 12 per cent to 50 MMboe. Guidance for the 2021 financial year remains unchanged at between 95 and 102 MMboe.
20 Jan 21	Argentina: President Energy announces H1 2021 drilling update President has a firm programme to drill four new slim hole gas wells in the Las Bases and Estancia Vieja Concessions in Rio Negro Province commencing during March. The Company is also considering drilling two or three vertical oil wells in the currently producing Dos Puntitas field within Puesto Guardian in H2 2021.
20 Jan 21	Trinidad: Predator announces the results of its Pilot CO2 EOR Project in the Inniss-Trinity field onshore Trinidad Predator Oil & Gas Holdings has announced the results of its Pilot CO2 EOR Project in the Inniss-Trinity field onshore Trinidad. The excellent results from the Pilot CO2 EOR project, despite a challenging operational environment due to COVID-19, have de-risked the case for CO2 EOR.
20 Jan 21	Australia: Talon expands Perth Basin acreage Talon Petroleum has entered into a non-binding term sheet with Macallum Group for the acquisition of a 100% interest in the area covering the large, Muchea Structure in EP494 and SPA-0081, located onshore Perth Basin.
20 Jan 21	Russia: Wintershall Dea announces first gas at the Achim Development in Western Siberia Achim Development, a joint venture between Gazprom and Wintershall Dea, has successfully started hot commissioning of Area 4A of the Urengoyskoye oil, gas and gas condensate field in Western Siberia, and has produced first gas and condensate from the licence block.
19 Jan 21	Norway: PGNiG awarded four new licences in Norway's APA 2020 PGNiG has been awarded four new licences in the 2020 Awards in Predefined Areas (APA) licensing round in Norway. With the awards, the number of licences held by the PGNiG Group on the NCS has increased to 36.
19 Jan 21	Norway: Wintershall Dea awarded 16 exploration licences in Norway's APA 2020 Wintershall Dea has been awarded interest in 16 exploration licences in Norway, including four as operator. In the APA 2020 licensing round, the Company secured access to five areas in the North Sea, nine in the Norwegian Sea, and two in the Barents Sea.
19 Jan 21	UK: PetroStrat acquires specialist geology business unit of RPS Energy PetroStrat, an industry leading stratigraphic consultancy that provides a comprehensive suite of geological services to the upstream oil and gas industry, has announced the acquisition of the Specialist Geology Business Unit of UK-based RPS Energy.
19 Jan 21	Angola: Belltree awarded significant national benchmarking analysis contract by Angolan State Regulator ANPG Belltree has been awarded a significant contract to assist the Angolan Petroleum Regulator (ANPG) in its drive to optimise reserves and production from mature fields. The contract builds on Belltree’s extensive experience in highlighting asset potential via data-driven, national benchmarking projects for sovereign nations such as the UK, Norway, Netherlands & UAE.
19 Jan 21	McDermott awarded liquid hydrogen storage study McDermott International has announced that its CB&I Storage Solutions business has been awarded a study by a leading natural gas producer to research opportunities to expand current liquid hydrogen storage capacity limits.
19 Jan 21	Germany: Fugro wins multidisciplinary contract on Germany’s SuedLink renewables powerline Fugro has been awarded a geotechnical and water consulting contract to support the route planning, permitting and installation of 106 km of underground power cables on Section 2 of Germany’s new Suedlink powerline.
19 Jan 21	South Korea: KBR selected as technical advisor for SK hydrogen development project KBR has been awarded a contract to provide technical advisory solutions to SK E&S for its hydrogen development business in South Korea. SK Group announced late last year that it would invest in assets that will provide hydrogen as a next-generation eco-friendly energy source.
19 Jan 21	Norway: Lundin awarded 19 licences in Norway's APA 2020 Lundin Energy has announced that its wholly owned subsidiary Lundin Energy Norway has been awarded a total of 19 exploration licence interests in the 2020 Awards in Predefined Areas (APA) licensing round, in Norway.
19 Jan 21	Norway: Neptune Energy awarded six licences in Norway's APA 2020 Neptune Energy has been awarded a total of six new licences in the Awards in Predefined Areas (APA) 2020, announced by the Norwegian Ministry of Petroleum and Energy.?
19 Jan 21	UK: Wood partners with Spirit Energy on late life solutions for Morecambe Bay gas fields Wood has entered into a new agreement with Spirit Energy to partner on the delivery of late life solutions for the Morecambe Bay gas fields, one of the UK’s largest gas accumulations.
19 Jan 21	Norway: Var Energi awarded 10 new NCS licenses in APA 2020 Var Energi has been awarded 10 new licenses (5 as operator) on the Norwegian Continental Shelf during the Awards in Predefined Areas for 2020.
19 Jan 21	Norway: DNO receives 10 awards in Norway's APA 2020 DNO has been awarded participation in 10 exploration licenses, of which 4 are operatorships, under Norway's Awards in Predefined Areas (APA) 2020 licensing round.
19 Jan 21	Norway: Pandion Energy awarded five licenses in APA 2020 Pandion Energy has been awarded five licenses under the 2020 Norwegian APA (Awards in Pre-defined Areas) Licensing Round on the Norwegian Continental Shelf.
19 Jan 21	Norway: Aker BP awarded 10 licenses in APA 2020 Aker BP has been offered interests in 10 new production licenses in Norway, of which 8 as operator, through the Awards in pre-defined areas (APA 2020) licensing round.
19 Jan 21	Norway: OKEA awarded six licences with four operatorships in APA 2020 OKEA has been awarded six new production licences on the Norwegian Continental Shelf by the Ministry of Petroleum and Energy under the Award in Pre-Defined Areas (APA) for 2020. The awarded licences include exploration and field development opportunities near the important Draugen and Gjøa production hubs as well as other new areas.
19 Jan 21	Norway: Petrolia NOCO awarded 3 licenses in APA 2020 Petrolia NOCO has been awarded three licenses by the Norwegian Ministry of Petroleum and Energy. The licenses (PL 1106 20% , PL 1107 30%) are located in the northern North Sea and one operated license (PL 1013 B 60%) in the Norwegian Sea.
19 Jan 21	GoM: Kosmos Energy announces oil discovery in the U.S. Gulf of Mexico Kosmos Energy has announced today an oil discovery in the U.S. Gulf of Mexico at the Winterfell infrastructure-led exploration ('ILX') well, which was designed to test a sub-salt Upper Miocene prospect located in Green Canyon Block 944. The well encountered approx. 26 meters (85 feet) of net oil pay in two intervals.
19 Jan 21	Norway: Equinor awarded 17 new production licences on the Norwegian continental shelf Equinor has been awarded 17 new production licences by Norway’s Ministry of Petroleum and Energy in the 2020 Award in Predefined Areas (APA) - 10 licences as operator and 7 licences as partner.