energy-pedia news

Search energy-pedia news by selecting date, type, and region from the drop-down boxes

Reset

01 Aug 19	Australia: Strike Energy announces significant Wagina gas discovery at West Erregulla-2 Strike Energy has confirmed that the Strike-Warrego Joint Venture has made a significant gas discovery in the Wagina sandstone as part of the West Erregulla-2 drilling campaign in the North Perth Basin.
01 Aug 19	Hess reports estimated results for second quarter of 2019 Hess has reported a net loss of $6 million in the second quarter of 2019, compared with a net loss of $130 million in the second quarter of 2018. In Guyana, estimated gross discovered recoverable resources for the Stabroek Block have been increased to more than 6 billion barrels of oil equivalent.
31 Jul 19	Occidental announces 2nd Quarter 2019 Results Occidental Petroleum has announced its Q2 2019 results. The Company reports another quarter of strong operational and financial results with net and core income for the second quarter of 2019 of $635 million and $729 million respectively.
31 Jul 19	Brazil: Halliburton awarded well construction and completions services for Libra development in Brazil Halliburton has announced the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin.
31 Jul 19	India: Shelf Drilling awarded two new contracts in India with ONGC Shelf Drilling has received an award for a three-year contract for each of the C.E. Thornton and F.G. McClintock jack-up rigs with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.
31 Jul 19	Oman: BP and Eni sign exploration agreement in Oman BP and Eni have signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman. Block 77 is located 30 kms east of the BP-operated Block 61, which contains the already-producing Khazzan gas project as well as the Ghazeer project, currently under development.
31 Jul 19	Thailand: PTTEP acquires more shares in APICO - drives forward Sinphuhorm Project development PTTEP, has signed a Share Purchase Agreement (SPA) to acquire a 39 percent stake in APICO from Coastal Energy Company for USD 74 million. The deal will increase PTTEP’s share in APICO to 72.8 percent and will drive further development of the Sinphuhorm Project to support electricity generation in the northeast of Thailand.
31 Jul 19	UK: Reabold Resources provides update on its investment in Corallian Energy Reabold, the AIM investing company which focusses on investments in pre-cash flow upstream oil and gas projects, has provided an update on its investment in Corallian Energy.
31 Jul 19	Norway: ConocoPhillips granted drilling permit for well 25/7-7 in PL 782 S The Norwegian Petroleum Directorate has granted ConocoPhillips a drilling permit for well 25/7-7 in production licence PL 782 S. The well will be drilled about 17 kms northwest of the Balder field.
31 Jul 19	Hague and London Oil announces operational update Hague and London Oil has announced an update on its operations in the Dutch and UK Southern North Sea. The Andromeda North well has spudded in Block 42/12, in the Southern North Sea and the Company's E15c exploration licence in the Dutch North Sea has been extended, with a well scheduled to test the 20-50Bcf Maple prospect planned for 2020.
31 Jul 19	Soco International announces trading and operations update SOCO International has issued a trading and operations update in advance of its half year results due to be announced on 11 September 2019.
31 Jul 19	Israel: Energean awarded four further licences in Israel’s Exclusive Economic Zone ('EEZ') Energean Oil and Gas has announced that Israel’s Petroleum Council has awarded the Company four new licences for oil and gas exploration in the Israeli EEZ.
31 Jul 19	Australia: McDermott and BHGE awarded contracts for Ichthys gas field development McDermott International and Baker Hughes, a GE company (BHGE) have been awarded contracts to provide a joint URF and SPS solution for the INPEX-operated Ichthys Liquefied Natural Gas (LNG) field development, located off the northwest coast of Western Australia.
31 Jul 19	GoM: Shell completes sale of interest in the US Gulf of Mexico Caesar-Tonga asset Shell has completed the sale of 22.45 percent non-operated interest in the Caesar-Tonga asset in the US Gulf of Mexico to Equinor. The total cash consideration was USD965 million.
31 Jul 19	Australia announces 2019 offshore petroleum exploration acreage release The Australian Government has announced the 2019 Offshore Petroleum Acreage Release, comprising 64 areas, the largest since 2000. More than 120,000 sq kms of acreage will be released for a single round of work program bidding.
30 Jul 19	ION and iSEISMIC announce plans to collaborate on seabed technology ION Geophysical, an ocean bottom seismic acquisition specialist, has announced a memorandum of understanding to collaborate on seabed acquisition technologies. iSEISMIC plans to utilize the full suite of ION’s next generation 4Sea ocean bottom acquisition and imaging technology to deliver a step-change in the safety, efficiency, quality and turnaround time of seabed surveys.
30 Jul 19	Peru: Frontera announces resumption of production from Block 192 in Peru Frontera Energy has announced that repairs have been completed on the NorPeruano pipeline in Peru and it has now resumed normal operations, allowing the Company to restart production from Block 192.
30 Jul 19	Denmark: ION announces new 3D multi-client reimaging program offshore Denmark ION Geophysical has announced a new 3D multi-client reimaging program offshore Denmark. The program is ideally suited for upcoming biannual license rounds, the ninth of which is expected to open in 2020.
30 Jul 19	Australia: Cooper Enegy commences three well program at the Parsons oil field, Cooper Basin Cooper Energy has commenced a three well appraisal program designed to test the limits of the Parsons oil field, Cooper Basin, South Australia, with the spudding of Parsons-6 by the PEL 92 Joint Venture.
30 Jul 19	Germany: Neptune Energy to acquire interests in oil and gas fields in Germany from Wintershall Dea Neptune Energy has agreed to acquire interests in certain oil and gas fields in the Emsland and the Grafschaft Bentheim region in Germany from Wintershall Dea. The agreement will increase the Company’s German production by around 5 percent.
30 Jul 19	BP announces second quarter and half year 2019 results BP has announced its second quarter and half year 2019 results. Underlying replacement cost profit for the second quarter of 2019 was $2.8 billion, similar to a year earlier. The quarter’s result largely reflected continued good operating performance, offset by oil prices lower than in the second quarter of 2018.
30 Jul 19	UK: Talon Petroleum reports commencement of Curlew-A site survey and change to Contingent Resource Talon Petroleum has announced that it has been notified by the operator Corallian Energy that site survey operations over the proposed location of the Curlew-A appraisal well have commenced in Block 29/7b, offshore UK.
30 Jul 19	Trinidad: Trinity and Weatherford International conduct first ever ForeSite trial onshore Trinidad Trinity Exploration & Production has entered into a partnership with Weatherford International to pilot the use of Weatherford's ForeSite Production Optimization Production 4.0 platform (Software and Automation) in order to maximise returns from the Company's onshore wells.
30 Jul 19	Falklands: Rockhopper provides update on Sea Lion development funding Rockhopper Exploration has announced that the Preliminary Information Memorandum ('PIM'), which will form the basis of a loan application for the Sea Lion senior debt project financing, has been submitted to potential senior lenders. 'The submission of the PIM marks a material milestone in the project financing process for the Sea Lion development.
30 Jul 19	Cameroon: Tower Resources extends Bridging Loan Facility - continues Cameroon farmout negotiations Tower Resources has announced an extension of its Bridging Loan Facility of US$750,000. The purpose of the Facility is to cover working capital while the Company seeks to finalise funding arrangements for the drilling of the NJOM3 well on the Thali licence, offshore Cameroon.