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07 Jun 23
UK: Substance must match up with sentiment on Labour drilling plans -OEUK
The UK offshore energy industry has repeated its call for the Labour party to meet and listen to the industry following Sir Keir Starmer’s speech to the GMB congress 2023 in Brighton on June 6. Gary Smith, GMB General Secretary, said the sector needs 'plans not bans' and warned that the UK still imports too much of its energy.
07 Jun 23
Australia: Beach Energy announces results of the Trigg 1 gas exploration well in the Perth Basin
Beach Energy has provided a summary of results from the Trigg 1 gas exploration well, the first Beach-operated well in the Perth Basin exploration program. Trigg 1 will be plugged and abandoned and the pre-planned side-track, Trigg 2, a contingent appraisal well, will not be drilled.
07 Jun 23
UK: Jersey Oil and Gas announces Buchan Area licence extension and assignment approvals
Jersey Oil & Gas has announced that the North Sea Transition Authority ('NSTA') has approved an extension to the Second Term of its P2498 'Buchan' Licence. The NSTA has approved the Company's request to assign a 50% working interest in both licence P2498 and licence P2170 ('Verbier') to NEO Energy, as part of the recently announced Greater Buchan Area farm-out transaction.
07 Jun 23
Jadestone Energy announces successful completion of US$85 million financing
Jadestone Energy, an independent oil and gas production company focused on the Asia-Pacific region, has announced the successful completion of the US$85 million financing announced on 6 June 2023.
07 Jun 23
UK: Egdon Resources provides update on North Kelsey (PEDL241) Planning Appeal, onshore UK
AIM-listed Egdon Resources has advised that it has reluctantly made the decision to withdraw the planning appeals in relation to the refusal of planning consent for exploratory drilling at North Kelsey, which were due to be heard at a hearing on 14 and 15 June 2023. Egdon will be submitting a new planning application for consideration by Lincolnshire County Council as soon as possible.
07 Jun 23
UK: IOG provides corporate update
IOG has provided an operational and financial update following well clean-up and testing operations at the Blythe H2 well over 4-7 June.
07 Jun 23
Australia: Chevron announces production of first gas from the Gorgon Stage Two development off the northwest coast of Western Australia
Chevron Australia and the Gorgon Joint Venture Participants have announced the production of first gas from the Gorgon Stage Two development off the northwest coast of Western Australia.
07 Jun 23
Indonesia: Sembcorp signs new Gas Sales Agreement with Medco
Sembcorp has signed a Gas Sales Agreement (GSA) with Medco E&P Natuna, a wholly-owned subsidiary of Medco Energi Internasional, to import natural gas piped from the West Natuna gas fields in Indonesia at an estimated value of S$1.9 billion.
07 Jun 23
Brazil: TGS announces first 2D-cubed project in Brazil
TGS has announced the Amazonia Azul 2D-cubed project, the first of its kind offshore Brazil. This project represents an expansion of TGS' multi-client data coverage in the region and aims to enhance the understanding of the Brazil Equatorial Margin area. Covering a vast area of 268,506 sq kms, the Amazonia Azul 2D-cubed project will play a crucial role in unlocking the potential of this offshore basin.
06 Jun 23
Italy's Eni enters exclusive talks to acquire Neptune Energy - sources
Italian energy giant Eni has entered exclusive talks to acquire private-equity backed gas and oil producer Neptune Energy after sweetening its previous offer to below $6 billion, according to a Reuters report, citing industry sources.
06 Jun 23
Jadestone Energy announces proposed financing
Jadestone Energy, an independent oil and gas production company focused on the Asia-Pacific region, has announced its intention to conduct a minimum US$85 million financing.
06 Jun 23
North Sea oil producer Harbour in merger talks with Talos -sources
Britain's largest North Sea oil and gas producer, Harbour Energy, is in talks to merge with Gulf of Mexico peer Talos Energy, according to a Reuters report.
06 Jun 23
Orsted commits to reuse or recycle all solar panels
Ørsted is the world’s first energy developer to commit to reuse or recycle all solar panels from its global portfolio of solar farms with immediate effect.
06 Jun 23
Norway: Subsea7 extends frame agreement with Aker BP
Subsea7 has announced an extension of its existing frame agreement with Aker BP for four years to the end of 2028. The agreement covers the provision of engineering, fabrication and installation activities for subsea umbilical, risers and flowlines (SURF) as part of Aker BP’s field developments on the Norwegian continental shelf.
06 Jun 23
Brazil: Strohm’s TCP solutions installed at PRIO’s Frade field
The world’s leading composite pipe technology company Strohm was awarded a contract with independent E&P operator PRIO (formerly known as PetroRio) to provide its composite pipe solutions to support operations at its Frade field, located in the deepwater Northern Campos Basin off the coast of Brazil.
06 Jun 23
UK: NSTA delivers for industry as supply chain tool goes digital
The North Sea Transition Authority (NSTA) has launched a digital platform which operators will now use to submit and update Supply Chain Action Plans (SCAPs) containing important information about their contracting activities.
06 Jun 23
Ikon Science enhances usability, personalisation and management of large well datasets in Curate 2023.3
Ikon Science, a leading global provider of geoprediction and open subsurface knowledge management software and services, today announced the release of Curate 2023.3. Curate is a cloud-native subsurface knowledge management solution that unlocks siloed data enabling users to make well-informed decisions with increased confidence and expedite workflows.
06 Jun 23
Ikon Science introduces cutting Edge 4D inversion technology
Ikon Science, a leading global provider of geoprediction and open subsurface knowledge management software and services, has introduced its state-of-the-art 4D inversion technology tool. This industry-leading seismic and well data investigation tool is featured in RokDoc 2023.3.
06 Jun 23
Islands Energy Group pledges to become a Net Zero business by 2050
Islands Energy Group, the parent company of Crown Dependencies energy companies Guernsey Energy, Island Energy and Isle of Man Energy, has pledged to become a Net Zero business by 2050 in its newly published Group-wide sustainability strategy – Our Journey to Net Zero.
06 Jun 23
Vietnam: Yinson Production receives charter contract extension for FSO PTSC BIEN DONG 01
Yinson Production, through its joint venture company with PetroVietnam Technical Services Corporation (PTSC), PTSC South East Asia (PTSC SEA), has received a 5-year extension for the Bareboat Charter Contract for FSO PTSC Bien Dong 01, which has been operating in Block 05-2/05-3, Vietnam since 4 June 2013.
06 Jun 23
US: Mosman Oil and Gas announces US operations update
AIM-listed Mosman Oil and Gas has announced an update in respect to its USA Operations.
06 Jun 23
Germany: Beacon Energy announces Schwarzbach-2 development well drilling rig mobilisation
AIM-listed Beacon Energy has announced that the E202 drilling rig contracted to its wholly-owned subsidiary, Rhein Petroleum, is expected to mobilise on 12th June for the planned Schwarzbach-2 ('SCHB-2') development well within the Erfelden field, onshore South West Germany.
06 Jun 23
US: Southern Energy announces closing of Gwinville field acquisition
Southern Energy Corp has announced the closing of its acquisition of the remaining producing acreage in the Gwinville field in Jefferson Davis County, Mississippi from PetroTX Energy for a cash purchase price of $3.2 million.
06 Jun 23
China: Sercel awarded major contract for a GPR300 seabed nodal solution for seismic survey in China
CGG has announced that Sercel has made a major sale of its GPR300 seabed nodal solution to Sinopec, the Chinese oil and gas exploration, refining and distribution company. Over 6,000 nodes will be deployed this month in the Bohai Sea off the east coast of mainland China.
06 Jun 23
Argentina: TGS expands multi-client coverage for Malvinas 3D offshore Argentina
TGS has announced Malvinas 3D Phase III, an expansion of its multi-client 3D coverage in the Malvinas Basin offshore Argentina. The company plans to acquire a 7,500 sq km 3D seismic survey and upon completion, TGS will have built a 3D library of 25,000 sq kms in the Malvinas Basin.
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