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17 Dec 18
Angola: Sonangol and BP agree to advance BP’s activities in Angola
Angola’s Sonangol and BP have signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola. They also agreed to extend the production licence for the BP-operated Greater Plutonio project on Block 18 to 2032, subject to government approval, and for Sonangol to take an 8% equity interest in the block.
17 Dec 18
Australia: Senex Energy's Gemba-1 well in the Cooper Basin flows at 8 mmscfd on test
Senex Energy has successfully completed the initial flow test of the Gemba-1 gas exploration well in the Cooper Basin, with stabilised flow rates of approx. 8 million standard cubic feet per day, plus associated liquids.
17 Dec 18
Congo (Brazzaville): AAOG reports success at the TLP-103C well at its Tilapia site in the Republic of the Congo
Anglo African Oil & Gas (AAOG) has provided an update in relation to its TLP-103C well at the Company's Tilapia licence. The well intersected the R1, R2 and R3 horizons and hydrocarbons were encountered in these horizons as prognosed and in line with the Company's geological model.
17 Dec 18
UK: Subsea 7 awarded Shearwater contract offshore UK
Subsea 7 has announced the award of a sizeable contract by Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb Project.
17 Dec 18
Indonesia: Eni announces the approval of the investment plan for the Merakes Development Project offshore Indonesia
Eni has announced the approval of the investment plan for the Merakes Development Project located in the Kutei Basin, offshore East Kalimantan.
17 Dec 18
Mozambique: Wentworth Resources to relinquish Tembo Block and exit Mozambique
Wentworth Resources has announced that it intends to relinquish the Tembo block with a planned effective date of 30 April 2019 ahead of the end of the current appraisal term on 15 June 2019. The Company will also exit Mozambique.
17 Dec 18
Norway: Equinor starts production from the Aasta Hansteen gas field in the Norwegian Sea
Equinor and its partners have started production from the Aasta Hansteen gas field in the Norwegian Sea. Located in 1,300 metres of water, it is the deepest field development on the Norwegian continental shelf (NCS), the largest spar platform in the world, and a first on the NCS.
17 Dec 18
Tanzania: Aminex provides update on Tanzania operations
Aminex has provided an update on its operations in Tanzania. Chikumbi-1 drilling and 3D seismic programmes progressed in the Ruvuma PSA and drilling rig selected, Kiliwani North-1 remediation work ongoing and areas for future 3D seismic surveys identified with intent to progress low cost prospects in both Kiliwani North and Nyuni.
17 Dec 18
Spain: Prospex Oil and Gas increases interest in proven gas project in southern Spain
Prospex Oil and Gas has exercised its option to increase its interest in the Tesorillo Project in southern Spain to 15 percent from 2.5 percent. Tesorillo covers 38,000ha in a proven hydrocarbon region and contains a known gas discovery with an estimated gross unrisked Prospective Resource of 830 billion cubic feet of gas.
17 Dec 18
UK: Andalas Energy and Power announces Eagle licence extension
Andalas Energy and Power has announced that the OGA has agreed a 5 month extension of the initial term of licence P2112, which contains the Badger prospect, to 19 May 2019. The extension enables the operator, Holywell Resources, to complete further work and optimise the technical and commercial appraisal and development plans.
17 Dec 18
Mexico: Eni signs agreement to sell Qatar Petroleum a 35 percent stake in the Area 1 offshore Mexico
Eni and Qatar Petroleum have signed a sale and purchase agreement to enable Qatar Petroleum to acquire a 35 percent participating interest in Area 1, offshore Mexico, from Eni. Eni will continue to be the Operator.
17 Dec 18
Senegal: FAR reports first phase of FEED commences on SNE development offshore Senegal
FAR Limited has advised that Front-End Engineering and Design (FEED) activities have commenced for the SNE Field Development Phase 1 offshore Senegal. The Joint Venture is expected to reach a Final Investment Decision (FID) in 2019.
16 Dec 18
US: 88 Energy announces all major permits granted for the drilling of the Winx-1 exploration well, onshore North Slope of Alaska
88 Energy has advised that all major permits (excluding Permit to Drill) have been granted for the drilling of the Winx-1 exploration well, onshore North Slope of Alaska. Spud of Winx-1 exploration well targeting multiple objectives is on schedule for February 2019.
16 Dec 18
Brazil's Ouro Preto cuts bid for Petrobras oilfield clusters: sources
Ouro Preto has cut its bid for two shallow water mature oilfield clusters, the Pampo and Enchova clusters, located in the Campos basin, from Brazil’s state-run oil company Petrobras, flagging a drop in oil prices in recent months.
16 Dec 18
Norway: Equinor given consent to extend operation of the Norne FPSO until end 2036
Norway's Petroleum Safety Authority has given Equinor consent to extend the operation of the Norne FPSO and associated facilities until the end of 2036. Equinor is the operator of the Norne field, which is in PL 128 in the Norwegian Sea.
16 Dec 18
US: Equinor acquires offshore wind lease outside Massachusetts
Equinor has been declared the provisional winner of one of the three leases offered in the US government’s wind lease sale for an area offshore Massachusetts. Equinor submitted a winning bid of USD 135 million for lease OCS-A 0520.
16 Dec 18
US: Trump administration smashes record for offshore wind auction with USD405 million in winning bids
Three companies claim winning bids for Massachusetts offshore wind. Areas could support approx. 4.1 gigawatts of commercial wind generation, enough to power nearly 1.5 million homes.
16 Dec 18
Trinidad: BP announces sanction of Cassia Compression and Matapal gas projects in Trinidad
BP Trinidad and Tobago (BPTT) on Friday announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and Matapal.
14 Dec 18
Brazil: Petrobras announces start of non-binding phase for the sale of the Lagoa Parda Cluster
Petrobras has announced the beginning of the non-binding phase related to the sale of its entire equity share in three onshore production fields - Lagoa Parda, Lagoa Parda Norte and Lagoa Piabanha - located in the state of Espirito Santo, Brazil, jointly designated as the Lagoa Parda Cluster.
14 Dec 18
US: TomCo Energy announces placing and acquisition of additional oil shale leases
Tomco Energy has announce a placing to raise GBP 550,000 and the acquisition of additional oil shale leases, located within the Uintah Basin, in the same Green River formation as the Company's other two leases, in Utah.
14 Dec 18
Thailand: Tap and Mubadala sign new offtake agreement for the Manora oil field, offshore Thailand,
JV partner Tap Oil has announced that a new offtake agreement has been signed in relation to the marketing of crude from the Mubadala-operated Manora oil field, offshore Thailand, at a slightly improved price premium to current arrangements.
14 Dec 18
Georgia: Block Energy announces positive flow and pressure test results at West Rustavi field
Block Energy, the exploration and production company focused on the Republic of Georgia, has announced that more than 200 barrels of oil were recovered from the legacy vertical well 16a at its West Rustavi permit during a 10 hour flow period.
14 Dec 18
UK: Chrysaor sets sights on Chevron's North Sea assets
Private equity-backed oil firm Chrysaor has hired advisers ahead of talks to buy Chevron’s British North Sea oil and gas fields for over $2.5 billion, industry and banking sources said.
13 Dec 18
Siccar Point Energy increases existing Reserves Based Lending Facility
Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility ('RBL').
13 Dec 18
Thailand: PTTEP wins bid for Bongkot and Erawan fields
PTT Exploration and Production (PTTEP) has confirmed its readiness to continue the operatorship in the Bongkot gas field and to become the operator in the Erawan field starting from 2022. The company will move forward with the field development plans to ensure continuity in natural gas supply for the country’s energy security.
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