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19 Oct 17
Myanmar: Woodside on track for Myanmar development plan by end-2018 - CEO
Woodside Petroleum played down disappointing results from its exploration wells in Myanmar on Thursday, with Chief Executive Peter Coleman saying the company is still on track to decide on development plans there by the end of 2018.
19 Oct 17
UK: Europa Oil & Gas provides update on Holmwood well, PEDL 143, Weald Basin
Europa Oil & Gas has provided an update on plans to drill a conventional oil exploration well to test the Holmwood prospect at Bury Hill Wood, Coldharbour Lane, Surrey, UK. The Company anticipates operations to drill the Holmwood well will now commence in H1 2018.
19 Oct 17
Australia: Pilot Energy commences sale process for Exmouth Plateau permit WA-507-P
Pilot Energy has announced that the WA-507-P Joint Venture (Pilot Energy and Black Swan) has resolved to market for sale an unencumbered 100% interest in the permit. The sale will allow Pilot to focus on its Perth Basin interests.
19 Oct 17
Iraq: Petrofac awarded Iraq PMC from PetroChina
Petrofac has been awarded a contract, valued at around US$30 million, to undertake Project Management Consultancy (PMC) services for the Halfaya Contract Area in southern Iraq.
18 Oct 17
UK: Horse Hill Developments granted approval for further flow testing and drilling at Horse Hill
UK Oil & Gas Investments (UKOG) has been informed by Horse Hill Developments that planning permission has been granted to enable HHDL to carry out extended flow tests at the Horse Hill-1 (HH-1) oil discovery, plus drill and test both a sidetrack from the existing HH-1 well and new borehole HH-2.
18 Oct 17
Add Energy in plan to unlock world’s smaller offshore gas assets with Transborders
Add Energy has partnered with Transborders Energy and joined forces with TechnipFMC and MODEC to create a unique and fast deployment business model for the FLNG (floating liquefied natural gas) industry that will free up small-scale stranded resources around the world and establish a new concept in global gas field development.
18 Oct 17
Brazil: Petrobras reports higher pre-salt production in September
In September, the oil and natural gas production operated by Petrobras (wholly-owned and partner shares) in the pre-salt layer was 1.68 million boed, a volume 6.6% above than the previous month.
18 Oct 17
Brazil: Fairfield Nodal begins Libra 3D acquisition project, offshore Brazil
FairfieldNodal’s project to acquire and process high-resolution 3D marine seismic for the Libra consortium has left port for deeper waters to begin work. This consortium is led by Petrobras, and includes Total, Royal Dutch Shell, China National Petroleum Corp and CNOOC.
18 Oct 17
Iraq: Rosneft signs Production Sharing Agreements for five blocks in Kurdistan
Rosneft and the Government of the Kurdish Autonomous Region of Iraq have signed documents for Production Sharing Agreements with respect to five production blocks located in Kurdistan.
18 Oct 17
Gambia: African Petroleum lodges Requests for Arbitration documents to protect its interests in the A1 and A4 licences in The Gambia
African Petroleum has lodged Requests for Arbitration documents with the International Centre for the Settlement of Investment Disputes in order to protect its interests in the A1 and A4 licences in The Gambia.
18 Oct 17
Namibia/Italy: Global Petroleum provides update on its operations in Namibia and Italy
Global Petroleum has provided an update in relation to progress on its Namibian operations and its applications in Italy. The Company is planning to launch a structured farmout process of its Namibian acreage with a view to seeking a partner to fund future operations on the block, commencing with 3D seismic.
18 Oct 17
UK: World’s first floating wind farm has started production
Hywind Scotland, the first floating wind farm in the world, has started to deliver electricity to the Scottish grid. The 30MW wind farm, operated by Statoil in partnership with Masdar, is located 25 kms offshore Peterhead in Aberdeenshire, Scotland and will power approx. 20,000 households.
18 Oct 17
UK: RockRose Energy acquires Idemitsu Petroleum UK
RockRose Energy has signed a sale and purchase agreement to acquire the entire issued share capital of Idemitsu Petroleum UK. Idemitsu UK's assets include a substantial number of producing fields in the UK North Sea.
18 Oct 17
Transocean announces two-year contract for ultra-deepwater drillship Deepwater Invictus
ransocean has announced that the ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton.
18 Oct 17
Ireland: Providence Resources completes farm-out of Licensing Option 16/27 to TOTAL
Providence Resources has confirmed that the agreed farm-in by TOTAL to Licensing Option 16/27, in the Southern Porcupine Basin, offshore Ireland, has now completed.
18 Oct 17
UK: Independent Oil and Gas signs LOI with key contractor ODE for Blythe Hub and Vulcan Satellites Hub development
Independent Oil and Gas has signed a Letter of Intent with Offshore Design Engineering to perform several key contractor roles for its Blythe Hub and Vulcan Satellites Hub development, starting with technical and operational support ahead of Final Investment Decision.
18 Oct 17
U.S. Senate Democrats vow to fight drilling in Alaska reserve
U.S. Senate Democrats vowed on Tuesday to fight a measure expected to be slipped into budget legislation that would open Alaska’s Arctic National Wildlife Reserve (ANWR) to oil and gas drilling, saying it would destroy one of earth’s remaining paradises.
18 Oct 17
Australia: Norwest Energy announces placement to raise A$1 million
Norwest Energy has raised A$1 million via a Placement which ensures Norwest is funded to continue to progress its portfolio of assets, including further evaluation and appraisal of the Xanadu Discovery, and the EP368 drilling commitment well, Lockyer-Deep-01, currently planned for H1FY2018.
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