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29 Jul 20
UK: Petrofac doubles UK well portfolio with NEO Energy award
Petrofac’s Engineering and Production Services (EPS) business has announced the award of a two-year contract with NEO Energy. Petrofac will provide Well Management and Well Operator support for 25 production wells across the Affleck, Balloch, Dumbarton, Flyndre and Lochranza fields.
29 Jul 20
UAE: EWEC announces partners to develop the world’s largest solar power plant
The Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, purchasing and providing of water and electricity across the UAE, has announced the award for the world’s largest solar power plant.
29 Jul 20
More OPEC+ oil production from August and Covid-19 second wave to create a 4-month supply glut - Rystad Energy
The upcoming partial return of curtailed OPEC+ oil production from August is set to create a new four-month supply glut of around 170 million barrels, a Rystad Energy analysis reveals.
29 Jul 20
Norway: Lundin Energy announces report for the six months ended 30 June 2020
Despite very low oil prices, free cash flow was positive from oil and gas operations in the second quarter with over MUSD 380 free cash flow for the six months period, along with record quarterly production of 162.9 Mboepd in the second quarter.
29 Jul 20
Magseis Fairfield secures additional pre-funding for ongoing multi-client project
Magseis Fairfield has together with its partner, CGG, secured pre-funding from another oil major for the extension of the OBN Cornerstone multi-client survey in the North Sea.
28 Jul 20
Melbana Energy provides quarterly activities summary for the period ended 30 June 2020
Melbana Energy has provided a summary in relation to its activities in Cuba and Australia during the quarter ended 30 June 2020. In Cuba, formal farm-in documentation has been completed with Melbana’s partner for the drilling of two exploration wells in Block 9.
28 Jul 20
Canada: Aker Solutions secures brownfield services contract for Hebron Platform in Canada
Aker Solutions has secured a five-year contract extension from ExxonMobil Canada Properties for the provision of engineering, procurement and construction (EPC) services for the Hebron platform, offshore Newfoundland.
28 Jul 20
Australia: PGS sets Australian seismic acquisition benchmark with the Ramform Hyperion
The Keraudren 3D seismic survey recently acquired by the Ramform Hyperion for operator Santos and their Joint Venture partner Carnarvon Petroleum provides a marked improvement in data quality over targeted reservoir intervals discovered and appraised in the three Dorado wells drilled in 2018 and 2019.
28 Jul 20
Canada: TGS announces completion of the East Coast Canada Facies Map Browser and Play Fairway Analysis
TGS has announced the completion of the East Coast Canada Facies Map Browser and Play Fairway Analysis. Using data acquired in partnership with PGS, this study offers seamless subsurface interpretation for the entire offshore East Coast Canada and is available for immediate licensing.
28 Jul 20
Egypt: Eni annnounces successful test of Bashrush discovery in North El Hammad concession
Eni (as the Operator of the Block), BP and Total, have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the conventional Egyptian waters of the Nile Delta.
28 Jul 20
Egypt: Eni announces a new oil discovery and new production in South West Meleiha Concession in the Western Desert
Eni has announced the discovery of new oil resources in the Western Desert of Egypt with a new exploration well in the South West Meleiha Concession. Production in the Concession started just one year ago and is now in excess of 12,000 bopd.
28 Jul 20
US: Mosman Oil and Gas announces update on Falcon-1 and other US workovers
AIM-listed Mosman Oil and Gas has announced an update on its planned Falcon-1 well and other US workovers as the Company enters an important phase of development.
28 Jul 20
UK: East Anglia reaches major milestone with windfarm completion
East Anglia has cemented its position as a major centre for renewable energy with the completion of the East Anglia ONE offshore windfarm.
28 Jul 20
Malaysia: Petronas extends bid submission deadline for the 2020 Malaysia Bid Round
PETRONAS is extending the Data Review and Bid Submission deadline for the 2020 Malaysia Bid Round to 30 November 2020 for open exploration blocks and for discovered resources opportunities (DRO) clusters.
28 Jul 20
Norway: OMV concludes appraisal of gas/condensate discovery 6506/11-10 (Hades) near the Morvin field in the Norwegian Sea – 6506/11-12 S
OMV Norway, operator of production licence PL 644, is the process of concluding the drilling of appraisal well 6506/11-12 S on the 6506/11-10 (Hades) gas/condensate discovery. The well was drilled about 5 kms west of the Morvin field in the Norwegian Sea.
28 Jul 20
Namibia: Tower Resources provides Namibia update
Tower Resources has provided an update on activity in respect of license PEL 96 in Namibia, covering Blocks 1910A, 1911 and 1912B. A recent announcement by Global Petroleum of updated prospective resource estimates in respect of its license PEL 94, covering Block 2011A which is immediately to the South of Tower's Block 1911 indicates that approx. 25% of Global's Welwitschia structure lies in Block 1911.
28 Jul 20
UK: Union Jack Oil receives Oil and Gas Authority approval for PEDL253 Biscathorpe acquisition
Union Jack Oil has announced that the Oil and Gas Authority ('OGA') has approved the acquisition by the Company from Montrose Industries of a further 3% interest in PEDL253, containing the Biscathorpe Prospect.
27 Jul 20
UAE: ADNOC agrees transfer of rights in its offshore concessions from CNPC to CNOOC
ADNOC has announced its agreement to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from CNPC to CNOOC. The transfer of concession rights to another key Chinese company reinforces the strong and strategic bilateral ties between the United Arab Emirates and China.
27 Jul 20
Brazil: Petrobras moves forward with development of the Buzios field
Petrobras has approved the beginning of the contracting processes for three new Floating Production Storage and Offloading (FPSOs) platforms for the Búzios field, in the Santos Basin pre-salt. The three new units are part of the Asset Development Plan, which envisages a total of twelve units installed by the end of the decade.
27 Jul 20
Indonesia: Oilex provides update on re-award of West Kampar
Oilex has announced substantial progress has been made towards the Company’s strategic objective to regain a participating interest in the West Kampar PSC in Indonesia, which is expected to lead, subject to financing, to recommencing production from the Pendalian oil field.
27 Jul 20
Portugal: WindFloat Atlantic floating wind farm offshore Portugal now fully operational
WindFloat Atlantic, the first floating wind farm in continental Europe, is now fully operational and supplying clean energy to Portugal's electrical grid. With a total installed capacity of 25 MW, WindFloat Atlantic is the world’s first semi-submersible floating wind farm.
27 Jul 20
Vietnam: Eni confirms significant hydrocarbon accumulation at the Ken Bau discovery in Block 114, Song Hong Basin, offshore Vietnam
Eni has announced that its exploration well, Ken Bau-2X, located in Block 114, Song Hong Basin, offshore Vietnam, has confirmed a significant hydrocarbon accumulation at the Ken Bau discovery, further expanding its potential.
27 Jul 20
Senegal: LUKOIL acquires Cairn Energy's Senegal interests
LUKOIL has concluded an agreement with Cairn Energy to acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for $300 mln in cash. The agreement also provides for a potential bonus payment to Cairn Energy of up to $100 mln after the commencement of production.
27 Jul 20
Cameroon: Victoria Oil & Gas announces Q2 2020 operational update
Victoria Oil & Gas, a Cameroon based gas producer and distributor, has provided an operations update for the second quarter of 2020.
27 Jul 20
Peru: PetroTal announces restart of production at Bretana oil field
PetroTal's Bretana field, which was temporarily shut-in in response to a directive issued by the Peruvian government’s health department related to COVID-19 prevention, restarted operations on July 15th, 2020 and production has returned to pre-shutdown levels of 11,500 bopd.
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