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01 Aug 19
UK: InfraStrata announces placing to raise GBP 700,000
AIM-listed InfraStrata, the UK quoted company focused on the development of natural gas storage capacity, has raised GBP 700,000 (before expenses) through a placing. The funds will be used towards obtaining a Final Investment Decision (FID) to fund the construction of its Islandmagee Gas Storage Project by the end of 2019.
01 Aug 19
UK: UKOG hits 60,000 barrels of oil production at Horse Hill via new Phase 2 Kimmeridge test
UK Oil & Gas (UKOG) has announced that total aggregate Portland and Kimmeridge test oil production from the Horse Hill oil field in the Weald Basin now totals a significant landmark of 60,186 barrels.
01 Aug 19
Azerbaijan: Zenith Energy completes placing to fund Jafarli field drilling
Zenith Energy has completed a placing to raise gross proceeds of CAD 1,720,500. The Company intends to use the proceeds of the placing to fully fund the execution of well deepening operations in wells C-37 and C-30 in the Jafarli field in Azerbaijan.
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.
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