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18 Nov 19
Senegal set to offer 10 offshore blocks in 2020 Licence Round
The National Oil Company of Senegal, PETROSEN, has announced the launch of the country’s first offshore licensing round, to be launched at the MSGBC Basin Summit & Exhibition in Senegal in January 2020. The round will be open for six months - until the end of July 2020 - and will comprise 10 offshore exploration blocks.
18 Nov 19
Majors’ global selling spree could fetch USD 27.5 billion - Rystad Energy
Global giants of the oil and gas industry - the so-called supermajors - are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment.
18 Nov 19
Austria: ADX Energy receives final government approvals for the transfer of RAG production assets
ADX Energy has advised that it is has received the final government approvals required for the transfer to ADX of RAG production assets the Zistersdorf and Gaiselberg oil and gas fields located onshore in the Vienna Basin, Austria.
18 Nov 19
Namibia: Bourbon awarded new integrated logistics contract by Total in Namibia
Bourbon Marine & Logistics has been awarded by Total E&P Namibia an integrated logistics contract to support a deep offshore exploration campaign in South Namibia in 2020.
18 Nov 19
KCA Deutag secures $460m of land drilling contracts in the Middle East, Africa and Europe
KCA Deutag has announced that its land drilling operation has won new contracts worth approx. $460m in the Middle East, Africa and Europe.
18 Nov 19
Trinidad: Touchstone announces Coho-1 gas test of 17.5 mmcfd
Touchstone Exploration has announced that the Coho-1 well on the Ortoire exploration block, onshore Trinidad and Tobago, tested at an average natural gas rate of 17.5 MMCFD. The Company will proceed to tie in the well through a 3-km pipeline to an existing production facility and anticipates bringing the well on production during the first half of 2020.
18 Nov 19
Australia: Mosman Oil and Gas announces potential JV for its Amadeus Project, Central Australia
Mosman Oil and Gas has executed a Memorandum of Agreement (MOA) and a Heads of Agreement (HOA) in respect to a potential Joint Venture for its Amadeus Project located in Central Australia.
18 Nov 19
New Zealand: Jadestone Energy to acquire operated interest in the Maari Project, offshore New Zealand
Jadestone Energy has executed a sale and purchase agreement with OMV to acquire an operated 69 percent interest in the Maari Project, shallow water offshore New Zealand, for a total headline cash consideration of USD 50 million.
18 Nov 19
Australia: Shearwater GeoServices awarded largest-ever 4D campaign in the Asia Pacific region by Woodside
Shearwater GeoServices has been awarded the largest-ever 4D seismic campaign in the Asia Pacific region covering up to six fields operated by Woodside in Australia. The campaign, planned to commence in Q4 2019, covers new 4D acquisition over the Pluto, Brunello, Laverda, Cimatti and Vincent fields with an option for one additional field.
18 Nov 19
Vietnam: JX Nippon granted licence extension for Phuong Dong oil field in Block 15-2, offshore Vietnam
JX Nippon Oil & Gas has announced that a 5-year licence extension has been granted by the government of Vietnam for its petroleum operations in the Phuong Dong oil field in Block 15-2, offshore Vietnam.
17 Nov 19
Norway/UK: DNO increases North Sea financing facilities
DNO, the Norwegian oil and gas operator, has announced that its wholly owned subsidiary, DNO North Sea, formerly Faroe Petroleum, has increased and extended its reserve based lending (RBL) facility and its exploration financing facility (EFF).
17 Nov 19
Saudi Arabia: Saudi Aramco in race for IPO record with USD 1.7 trillion top value
Saudi Aramco is worth up to USD 1.7 trillion (GBP 1.3 trillion) at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi’s crown prince but putting it in the running to become the world’s biggest IPO.
17 Nov 19
Seabed Geosolutions completes transformation to ocean bottom node company
Seabed Geosolutions has signed a contract to sell the entirety of its shallow water ocean bottom cable (OBC) recording equipment for around USD 10 million. The sale of its last cable-based system completes the transformation of Seabed Geosolutions into a pure ocean bottom node (OBN) company.
17 Nov 19
Ukraine: Cadogan Petroleum announces sale of Astroinvest Ukraine
Cadogan Petroleum has reached an agreement with Ukrinvest Group for the sale of AstroInvest Ukraine for a total consideration of USD1.2 million.
17 Nov 19
Aker Solutions and leading operators join forces to qualify subsea gas separation
Aker Solutions and a group of the world’s leading oil and gas operators have come together in a joint industry project with the aim of making subsea gas separation a reality.
17 Nov 19
Trinidad: BP Trinidad & Tobago makes gas discovery at Ginger well offshore Trinidad
BP Trinidad & Tobago (BPTT) has made a gas discovery with the Ginger exploration well, offshore Trinidad. The well was drilled into two untested fault blocks east of the Cashima field approx. 50 miles off the south-east coast of Trinidad and penetrated hydrocarbon-bearing reservoirs in fifteen segments.
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