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10 Dec 17
Norway: Eni to bring Goliat field back on stream
Following an overall assessment, the Petroleum Safety Authority Norway (PSA) has determined that the order which required a shutdown of Goliat has now been complied with. This means that operator Eni Norge can bring the field back on stream.
10 Dec 17
China: CNOOC announces new gas discovery in Bohai Bay
China's CNOOC Limited has announced that the Company has recently made a mid-sized natural gas field discovery Bozhong 19-6 in Bohai Bay.
10 Dec 17
Australia: China's CERCG makes revised $348 mln bid for Australian gas producer AWE
State-owned China Energy Reserve and Chemicals Group (CERCG) launched a A$463 million ($348 million) bid for Australia’s AWE Ltd on Friday, going direct to shareholders after the gas and oil producer rebuffed a slightly lower friendly approach.
08 Dec 17
UK: RockRose Energy announces completion of Idemitsu Petroleum UK acquisition
RockRose Energy has announced that, following receipt of a letter of comfort from the UK Oil & Gas Authority (OGA), the Company is pleased to confirm completion of the purchase of Idemitsu Petroleum UK.
08 Dec 17
Mozambique: New Spectrum 2D multi-client survey to define hydrocarbon potential offshore Mozambique
Spectrum has announced the commencement of a 2D seismic survey offshore Mozambique on behalf of the Institute of National Petroleum (INP) and in anticipation of future licence rounds.
08 Dec 17
Australia: AWE receives tenders for Waitsia Stage 2 construction
AWE has advised that the Front End Engineering and Design (FEED) process for the construction of Waitsia Stage 2 gas processing facilities and associated infrastructure is nearing completion following the receipt of tender submissions. A total of five tender submissions were received.
08 Dec 17
Australia: Polarcus secures funding for 3D broadband project in Australia
Polarcus has secured significant industry prefunding and has been granted the environmental permit for a broadband 3D marine seismic project in Australia.
08 Dec 17
Mexico's oil regulator cancels Pemex Maximino-Nobilis deep water auction
Mexico’s oil regulator on Thursday canceled a tender for a joint venture with state oil firm Pemex in the deep water Maximino-Nobilis area, as no company expressed interest in the auction.
08 Dec 17
Algeria: DEA signs MOU with SONATRACH
DEA Deutsche Erdoel and the Algerian state company SONATRACH have signed a Memorandum of Understanding (MoU) which aims at strengthening the cooperation between the two companies and defines the framework for DEA's potential participation in additional upstream projects in Algeria.
08 Dec 17
US: Alaskan oil lease sale brings few bids despite vast territory offered
An oil and gas lease sale that raised concerns with environmentalists due to the vast amount of acres offered in Arctic Alaska drew few bids on Wednesday, government officials said.
07 Dec 17
US: Nostra Terra reports significant increase in reserves at Pine Mills in Texas
Nostra Terra Oil & Gas has announced a significant increase in proved reserves at the Pine Mills oil field, in Wood County, Texas
07 Dec 17
Russia: LUKOIL starts drilling first production well at Filanovsky field's Phase 2 development facilities
LUKOIL has finished most of the construction works at the Vladimir Filanovsky field's Phase 2 development facilities and started drilling of the first production well. The drilling is planned to be completed in early 2018. The Phase 2 facilities will allow the field to reach the stable designed production plateau of 6 million tonnes per year at the field.
07 Dec 17
Chevron announces $18.3 billion capital and exploratory budget for 2018
Chevron has announced a 2018 capital and exploratory spending program of $18.3 billion. The figure, which is down for the fourth consecutive year, includes $5.5 billion for the company’s share of expenditures by affiliated companies.
07 Dec 17
Israel: Energean signs further Gas Sales Contracts and moves closer to FID for the Karish and Tanin Development Project
Energean Oil & Gas has signed further Gas Sales and Purchase Agreements ('GSPAs') for natural gas supply from the Karish and Tanin fields, offshore Israel. The new GSPAs will bring total contracted volumes from the Karish and Tanin development project to more than 4 BCM per year.
07 Dec 17
Mexico: CGG releases multi-client airborne gravmag survey over Perdido Fold Belt, Mexico
CGG Multi-Physics has announced completion of the acquisition, processing and interpretation of a multi-client airborne gravity and magnetic survey of approx. 38,000 line km over the Perdido Fold Belt.
07 Dec 17
US: 88 Energy announced as high bidder in North Slope Areawide 2017W lease sale
88 Energy was announced high bidder on 32,800 gross acres as part of the Alaska North Slope Areawide 2017W lease sale.
07 Dec 17
UK: Sparrows Group awarded five-year contract with Premier Oil
Sparrows Group has secured a new five-year contract with Premier Oil for the provision of crane operations and maintenance across two of its North Sea assets.
07 Dec 17
Norway: SBM Offshore awarded turnkey contract for Statoil’s Johan Castberg turret mooring system
SBM Offshore has been awarded the contract from Statoil to proceed with the engineering, procurement, construction (EPC) work scope for a large-scale turret mooring system for its Johan Castberg development.
07 Dec 17
Norway: Aker Solutions to design Johan Castberg FPSO accommodation unit
Aker Solutions has been awarded a contract by Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).
07 Dec 17
PNG: Santos strengthens PNG growth position with farm-in to Aure Fold Belt (PPL 339)
Santos has announced it will acquire a 20 per cent equity in the PPL 339 licence in Papua New Guinea via a farm-in agreement with Kina Petroleum. The license is located within the Aure Fold Belt, southeast of the Elk/Antelope fields.
06 Dec 17
Malaysia: Hibiscus Petroleum receives Petronas' consent to acquire Shell’s 50 percent interest in the 2011 North Sabah EOR PSC
Hibiscus Petroleum has received unconditional consent from Petronas Carigali under the JOA for its indirect wholly-owned subsidiary, SEA Hibiscus, to acquire from Shell its 50% participating interest in the 2011 North Sabah Enhanced Oil Recovery PSC.
06 Dec 17
UK: Wave threat leads to evacuation of Ninian Southern platform in North Sea
Dozens of workers have been taken off a North Sea platform amid fears of huge waves due to the approaching Storm Caroline. CNR International said it was taking the precaution on Ninian South, 75 miles east of Shetland.
06 Dec 17
Nigeria: Erin Energy spuds Oyo-NW well
Erin Energy has commenced drilling of the Oyo North West well (Oyo-NW). Oyo-NW is a high-impact exploration well being drilled with the Pacific Bora, a sixth-generation drilling rig, on the Company’s offshore Nigeria Block 120. The well will target mean resources of 1.1 billion barrels.
06 Dec 17
Colombia: GeoPark announces further extension of Tigana oil field in Colombia
GeoPark has announced the successful drilling and testing of the Tigana Norte 4 appraisal well in the Tigana oil field in the Llanos 34 block in Colombia.
06 Dec 17
Indonesia: PGS completes acquisition of a MultiClient 3D survey in North Madura
PGS reports that seismic vessel PGS Apollo has completed a triple source MultiClient 3D survey in North Madura. The North Madura 3D is the first MultiClient 3D that has been acquired in Indonesia for over six years.
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