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02 Dec 19
GoM: TGS announces Declaration Refocus - a next generation imaging program in the U.S. GoM
TGS has announced the Declaration Refocus next generation M-WAZ imaging program in Mississippi Canyon in the U.S. Gulf of Mexico. The program comprises data covering more than 380 Outer Continental Shelf blocks.
02 Dec 19
Energean pledges to net zero emissions by 2050
Energean Oil and Gas, the oil and gas producer focused on the Mediterranean, has announced that it is supporting and is committed to the pledges of the United Nations 'Business Ambition for 1.5 C: Our Only Future' campaign, and specifically to set science-based targets across Energean’s entire value chain.
02 Dec 19
UK: OGA approves transfer of Saltfleetby licence and operatorship to Angus Energy
Angus Energy has announced that the Oil and Gas Authority has given its consent to the assignment of a 51 percent share in Saltfleetby Energy's interest in the Saltfleetby field blocks of PEDL005 to its subsidiary, Angus Energy Weald Basin No 3. The OGA has also given consent to the appointment of AWB as Exploration and Production Operator of the Field.
02 Dec 19
Australia: Equinor resubmits its environment plan for proposed drilling activity in the Great Australian Bight
Equinor has resubmitted its environment plan for proposed drilling activity in the Great Australian Bight, following an opportunity to modify and resubmit as a standard component of the assessment process. In accordance with the Environment Regulations, NOPSEMA has resumed its assessment of Equinor’s environment plan.
02 Dec 19
UK: CNRI awards KCA Deutag a multi-million pound drilling contract for three UK North Sea platforms
KCA Deutag has been awarded a five-year contract extension by CNR International (CNRI) for three platforms operating in the UK North Sea. The multi-million pound contract is for the provision of drilling operations and maintenance services on CNRI's Ninian South, Ninian Central and Tiffany platforms.
02 Dec 19
Australia: Red Emperor signs option agreement to acquire large offshore block in the North Perth Basin
Red Emperor Resources has signed a binding Letter of Intent with Pilot Energy and Key Petroleum to secure an option to acquire a 70 percent operated interest in offshore Perth Basin exploration permit WA-481-P, which is located immediately adjacent to the western side of licences that host the 18 million barrels Cliff Head oil field and Xanadu oil discovery.
02 Dec 19
Norway: OMV agrees transfer of Wisting operatorship to Equinor
Equinor and OMV have agreed on transferring the operatorship for the Wisting license and development phase in the Barents Sea. This transfers the operatorship of Wisting in the development phase to Equinor. OMV will assume the role as operator for the operation phase.
02 Dec 19
UK: Hurricane Energy announces 'Warwick West’ 204/30b-4 well result and Lancaster operational update
Hurricane Energy, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has reported the results of testing of the 204/30b-4 ('Warwick West') well and provided an update in relation to the Lancaster Early Production System ('Lancaster EPS').
02 Dec 19
UK: UKOG raises GBP 2 million to help achieve stable long-term oil production at Horse Hill
UK Oil & Gas (UKOG) has raised GBP2 million from a single institutional investor. The proceeds will be used partly to accelerate long-lead time gas-utilisation, facilities and other related works necessary to bring Horse Hill wells HH-1 and HH-2z into stable long-term oil production.
02 Dec 19
Argentina: Echo Energy provides Santa Cruz Sur operational update
Echo Energy has provided an update on its Santa Cruz Sur assets in Argentina. The Company is preparing to mobilise a rig to the Palermo Aike production concession on Santa Cruz Sur to spud the Campo Limite exploration well.
02 Dec 19
Netherlands/UK: Hague and London Oil announces operational update
Hague and London Oil has announced an operational update regarding the Andromeda North well as well as an update regarding the awarding of the F5 Block, in the Dutch sector of the North Sea, and HALO’s involvement in the pending UK Offshore Licensing Round.
02 Dec 19
Romania: Reabold Resources increases investment in Danube Petroleum
Reabold Resources has fully exercised its option to further invest in Danube Petroleum, taking its ownership to approx. 51 per cent. Danube is now funded for a high impact 2020 work programme.
02 Dec 19
Indonesia: Premier Oil achieves First Gas from BIG-P, offshore Indonesia
Premier Oil has achieved First Gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea Block A offshore Indonesia.
02 Dec 19
Australia: Otway Energy spuds Nangwarry-1 well in the Otway Basin
Vintage Energy has announced that the operator of the Otway Basin joint venture, Otway Energy, has spudded the Nangwarry-1 well, located in the onshore Otway Basin.
01 Dec 19
Malaysia: Reach Energy announces positive test results at the K-15 exploration well onshore Kazakhstan
Malaysia's Reach Energy has announced positive results of testing of the exploration well K-15, in its Emir Oil Concession, onshore Kazakhstan.
01 Dec 19
Russia: Wintershall Dea and LUKOIL JV awarded Severo-Belokamennoye licence in Southern Russia
Wolgodeminoil, a joint venture of Wintershall Dea and LUKOIL subsidiary RITEK have successfully participated in the auction for the Severo-Belokamennoye licence area, located in the Saratov Region in Southern Russia.
01 Dec 19
UK: Siemens Gamesa to supply wind turbines for the 448 MW Neart na Gaoithe wind power project offshore Scotland
Siemens Gamesa Renewable Energy (SGRE) has announced the firm order to supply wind turbines for the 448 MW Neart na Gaoithe (NnG) offshore wind power project, being developed by the utility EDF Renewables in Scotland.
01 Dec 19
Gambia: TGS acquires Gambia A2/A5 3D survey
TGS has announced that it has added a further 1,500 sq kms of 3D seismic data offshore The Gambia. The survey covers Blocks A2/A5 where sub-surface structures have been identified as being on-trend with the SNE discovery immediately north in Senegal.
01 Dec 19
Norway: Equinor granted drilling permit for well 31/5-7 in exploitation licence 001
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for well 31/5-7 relating to storage of CO2 on the shelf. The well will be drilled about 17.5 kms southwest of Troll A.
01 Dec 19
Peru: New PGS MegaSurvey covers entire offshore Peru
PGS has reached an agreement with Perupetro to create a new MegaSurvey in Peru. First data will be available in Q1, 2020. This large-scale merged and matched dataset targeting the extensive coastline of Peru will provide an excellent opportunity to evaluate prospectivity on a regional basis.
29 Nov 19
Gulfsands to secure GBP 4 million financing
Gulfsands Petroleum has received approval at its AGM to secure financing of approx. GBP4 million to fund the Company for the next two years. An equity placing of GBP 1.1 million will now proceed with an anticipated closing date of 13 December 2019.
29 Nov 19
Petrobras approves 2020-2024 Strategic Plan
Petrobras has approved its Strategic Plan for the 2020-2024 five-year period. The CAPEX forecast for the five-year period is USD 75.7 billion, of which 85 percent is allocated to the E&P segment. The divestments forecast in the plan vary between USD 20-30 billion for the 2020-2024 period, with the highest concentration in the years 2020 and 2021.
29 Nov 19
Brazil: Petrobras signs contract for sale of Frade field interest to PetroRio
Petrobras has signed a contract with PetroRio for the sale of its 30 percent stake in the Frade concession, located in the Campos Basin, north coast of the state of Rio de Janeiro, for USD 100 million.
29 Nov 19
Turkey: Valeura Energy announces interim production test results at Devepinar-1
Valeura Energy, the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation play in the Thrace Basin of Turkey, has reported interim natural gas production test information for the Devepinar-1 appraisal well, prior to completion of the flow testing programme.
29 Nov 19
Cameroon: Bowleven announces preliminary results and an update on its operations in Cameroon
Bowleven, the Africa focused oil and gas exploration group traded on AIM, has announced its preliminary results for the year ended 30 June 2019 and has provided an update on its operations in Cameroon.
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