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02 Jan 18
China: Sino Gas & Energy submits ODP for Sanjiaobei PSC
Sino Gas & Energy Holdings has announced that the Sanjiaobei Overall Development Plan ('ODP') has been submitted to Sino Gas & Energy’s PSC partner PetroChina CBM for approval, representing an important regulatory milestone in the development of the Sanjiaobei PSC.
01 Jan 18
Iraq's exports from southern oilfields hit record 3.535 million bpd in December
Oil exports from Iraq’s southern Basra ports rose to a record high of 3.535 million barrels per day (bpd) in December from 3.5 million bpd the previous month, according to two oil officials.
01 Jan 18
US: Eni spuds Arctic well
The US Bureau of Safety and Environmental Enforcement (BSEE) reports that new oil exploration in Arctic federal waters is underway with the spudding of a new oil well by Eni from an existing man-made island in the Beaufort Sea.
01 Jan 18
UK: INEOS confirms the Forties Pipeline System is fully operational
INEOS has confirmed the Forties Pipeline System is fully operational. All restrictions on the flow of oil and gas from platforms feeding into the pipeline system have been lifted and virtually all platforms are now on line.
01 Jan 18
UK: UKOG provides update on testing at the Broadford Bridge-1 & 1z oil discovery, Weald Basin, UK
UK Oil & Gas Investments (UKOG) has announced that following the completion of test number 4 within the basal section of KL3, operations will now shutdown over the Christmas and New Year period at its 100% owned Broadford Bridge-1z ('BB-1z') exploration discovery, located in licence PEDL234 in the Weald Basin.
01 Jan 18
Indonesian oil and gas blocks attract bids in 2017
Indonesia received bids from several foreign companies for exploration in five oil and gas blocks in 2017, the deputy energy minister said on December 29, marking an uptick in interest for the resource-rich nation compared with previous years.
01 Jan 18
Indonesia: Santos to drill Paus Biru-1 exploration well in the Sampang PSC, offshore Indonesia
JV partner Cue Energy Resources has announced that the Santos-operated Sampang PSC Joint Venture has approved the drilling of the Paus Biru-1 exploration well, offshore Indonesia.
01 Jan 18
Ireland: Providence Resources announces trading update - Total exercises option to farm-in to FEL 2/14 (Druid, Drombeg, Diablo)
Providence Resources, the Irish based Oil & Gas Exploration Company, has provided a trading update on its activities through the end of 2017. THe Company reports that Total has exercised its option to farm-in for a 35% interest and operatorship in FEL 2/14.
01 Jan 18
Indonesia: INPEX to surrender Offshore Mahakam and Attaka blocks, offshore Indonesia
INPEX has announced plans to surrender its interest in the Offshore Mahakam and Attaka Blocks, located offshore Indonesia on expiration of the current PSCs for the blocks at the end of 2017.
01 Jan 18
Peru: Repsol begins gas production from the Sagari field in Peru
Repsol has begun gas production from the Sagari field, located in Block 57 in the Cusco region of Peru. Starting in January 2018, it will produce 5.6 million cubic meters per day - approx. one fourth of Peru’s total gas demand.
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