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17 Nov 23
Italy: Reabold Resources announces further investment into LNEnergy
Reabold Resources has agreed to increase its interest in LNEnergy by 0.8% for a cash consideration of £150,000, taking Reabold's shareholding in LNEnergy to approx. 18.4% of LNEnergy's enlarged share capital.
16 Nov 23
Australia: ConocoPhillips Otway exploration drilling program open for comment
ConocoPhillips is planning to undertake exploration activities in offshore permits VIC/P79 and T/49P located in Commonwealth waters of the Otway Basin.
16 Nov 23
Senegal: Capricorn receives tax notice regarding the sale of its PSC interests offshore Senegal to Woodside
Capricorn Energy has received notification that Woodside Energy has received a notice from the Senegalese Tax Authority stating that registration duty and real estate capital gains tax is due regarding the sale of Capricorn's PSC interests offshore Senegal to Woodside.
16 Nov 23
US: Energy Transfer announces a Heads of Agreement with TotalEnergies for crude offtake from its Blue Marlin Offshore Project
Energy Transfer has entered into a non-binding Heads of Agreement (HOA) with TotalEnergies related to term crude oil offtake from its proposed Blue Marlin Offshore Port for 4 million barrels per month.
16 Nov 23
Norway: Norwegian Petroleum Directorate (NPD) changing its name to the Norwegian Offshore Directorate
The Norwegian Petroleum Directorate (NPD) is changing its name to the Norwegian Offshore Directorate as of 1 January 2024. The new name reflects the additional responsibilities assigned to the directorate in recent years. In addition to petroleum this includes tasks associated with CO2 storage (CCS), offshore wind and seabed minerals.
16 Nov 23
Indonesia: Mubadala Energy partners with Pertamina Geothermal Energy and Chevron to explore geothermal opportunities in Indonesia
Pertamina Geothermal Energy announced its cooperation with Chevron New Energies International and Mubadala Energy to embark on a Joint Study Agreement (JSA) to explore the geothermal potential in Kotamobagu, North Sulawesi, Indonesia.
16 Nov 23
Norway: Equinor granted drilling permit for well 35/11-28 S in PL 248 C
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for well 35/11-28 S in production licence PL 248 C. The well will be drilled by the Deepsea Stavanger semi-sub.
16 Nov 23
UK: Boost for offshore wind as government raises maximum prices in renewable energy auction
The Department for Energy Security and Net Zero has increased the maximum price for offshore wind projects in its flagship renewables scheme to further cement the UK as a world leader in clean energy.
16 Nov 23
GoM: Australia's Karoon Energy to buy stakes in US offshore assets for $720 mln
Karoon Energy announced deals worth $720 million on Thursday to buy stakes in certain offshore oil and gas fields in the Gulf of Mexico from U.S.-based LLOG Exploration, in a move to diversify operations beyond Brazil and Australia.
16 Nov 23
Norway: PGS shares first full stack GeoStreamer X Norwegian Sea
PGS brought its fast and efficient multi-azimuth GeoStreamer X product to the Norwegian Sea in 2022. First impressions of the final data quality are now available. GeoStreamer X, which typically combines new broadband 3D acquisition and reprocessed library data, delivers multiazimuth illumination with faster turnaround and lower environmental impact than ocean bottom nodes.
16 Nov 23
Energean announces trading statement and operational update
Energean has provided an update on recent operations and the Group's trading performance in the nine months to 30 September 2023. The successful ramp-up of production from the flagship Karish gas field in Israel has increased Group production to above 150 kboed in recent days. The Company has delivered revenues of over $1 billion and adjusted EBITDAX of $623 million in the nine months to 30 September 2023.
16 Nov 23
Colombia: Arrow Exploration provides RCE-6 update and operations update
Arrow Exploration has provided an update on the Rio Cravo Este-6 well on the Tapir Block in the Llanos Basin of Colombia and the Oso Pardo-3 well on the Oso Pardo field in the Middle Magdalena Valley Basin of Colombia.
16 Nov 23
Panoro Energy provides trading statement and operations update
Panoro Energy has provided an update in advance of its Third Quarter 2023 results. The Company reports strong performance in Q3. Revenue from oil sales set a new quarterly record for the Company, reflecting the increased crude liftings and high oil price realisations in the period. Q3 revenue was USD 103.4 million, a quarterly record for Panoro.
16 Nov 23
Norway: Equinor extends the use of the Deepsea Aberdeen on the Breidablikk field
Odfjell Drilling has announced that Equinor has exercised options for seven wells to extend the use of the Deepsea Aberdeen on the Breidablikk field. The exercised options are planned to start in mid Q1 2025 in direct continuation of the current firm period and extend the firm backlog on the Deepsea Aberdeen to end of Q4 2025.
16 Nov 23
Gabon: Panoro Energy provides update on Dussafu Marin Permit offshore Gabon
Panoro Energy has provided an update on production and the planned drilling schedule at the Dussafu Marin Permit offshore Gabon. The better than expected well results at the Hibiscus field and the recent discovery at Hibiscus South have prompted the Dussafu partners to expand the scope of the current campaign to incorporate seven new production wells.
16 Nov 23
Australia: Santos expands carbon capture and storage acreage in Cooper Basin
Santos and joint venture partner Beach Energy have secured significant additional carbon storage acreage after being awarded a Gas Storage Retention Licence west southwest of Moomba. The Licence area is near Santos’ flagship Moomba carbon capture and storage (CCS) project which is on track for startup next year.
16 Nov 23
GoM: API statement on Fifth Circuit decision on Lease Sale 261
The American Petroleum Institute (API) released a statement from Senior Vice President and General Counsel Ryan Meyers in response to the preliminary injunction upheld by the U.S. Court of Appeals for the Fifth Circuit, regarding Gulf of Mexico Lease Sale 261, which is the final offshore lease sale mandated by the Inflation Reduction Act and is likely to be the only offshore sale scheduled to take place until 2025.
16 Nov 23
Egypt: TAG Oil provides update on BED4-T100 well in the Western Desert
TAG Oil has provided the following update on drilling progress of the BED4-T100 horizontal well in the Badr Oil Field ('BED-1') in the Western Desert of Egypt.
15 Nov 23
Australia: Santos and SK E&S to collaborate on cross-border carbon capture and storage
Santos has furthered strengthened its position as a carbon capture and storage (CCS) leader by formalising an MOU to collaborate on carbon solutions with Korean energy company, SK E&S. The MOU provides for Santos and SK E&S to cooperate in seeking to develop a low-carbon hub at Darwin in Northern Territory after a CO2 storage permit was awarded for G-11-AP, within the Bonaparte basin, off the coast of Western Australia in 2022.
15 Nov 23
Namibia: Fugro supports safe energy operations in Namibia with ultra-deep water Geo-data
Galp, a Portuguese energy corporation, awarded Fugro a contract to conduct an environmental and geophysical survey offshore Namibia. Known for its remote location, challenging conditions and ultra-deep water, this site is key to future energy operations in the region.
15 Nov 23
bp looks to leverage power of generative AI with Copilot for Microsoft 365
bp has announced that it will be expanding the use of generative AI to enhance its global employee experience through the use of Copilot for Microsoft 365.
15 Nov 23
Australia: Buru Energy provides update on Rafael appraisal drilling program
Buru Energy has provided an update in relation to the preparations for the appraisal of its 100% owned Rafael conventional gas and condensate discovery in EP 428 in the Canning Basin of Western Australia.
15 Nov 23
Malaysia: PETRONAS maps hydrocarbon potential in Malaysia's Langkasuka Basin
PETRONAS has undertaken a new offshore multi-client 2D seismic survey in the northern area of the Straits of Melaka to explore and map the hydrocarbon potential in the open blocks of PM320 and PM321 of the Langkasuka Basin.
15 Nov 23
Vietnam: PETRONAS and PETROVIETNAM sign Memorandum of Cooperation
PETRONAS recently signed a Memorandum of Cooperation (MoC) with Vietnam Oil and Gas Group (PETROVIETNAM) to explore potential collaboration opportunities in the upstream, renewable energy, gas, and downstream sectors in Vietnam.
15 Nov 23
Malaysia: CGG to acquire 8,000 km of multi-client data offshore Malaysia
CGG, in association with PETRONAS, has announced the start of the Selat Melaka 2D multi-client seismic program over the Langkasuka Basin offshore Malaysia. Located in the Malacca Strait, the project has received industry funding and will deliver early products in December 2023 and final results in August 2024.
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