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18 Jan 21
US: Mosman Oil and Gas completes Welch sale
AIM-listed Mosman Oil and Gas has confirmed the completion of the sale of the Welch Project, in Texas, for US$420,000.
18 Jan 21
India: Total to acquire from Adani a 20 percent interest in the largest solar developer in the world
Total has announced the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group. The transaction marks the deepening partnership between the Adani Group – India’s leading infrastructure platform - and Total, in the transition and green energy fields in India.
18 Jan 21
DNO announces operations update
DNO, the Norwegian oil and gas operator, has announced net production of 95,100 barrels of oil equivalent per day (boepd) across its portfolio in 2020, notwithstanding the sharp decline in planned spending to preserve cash following the market turmoil triggered by the Covid-19 pandemic.
18 Jan 21
Shelf Drilling announces contract update for High Island VII and Compact Driller
Shelf Drilling has received a notification from customer on early termination of the contracts for the High Island VII and Compact Driller jack-up rigs.
18 Jan 21
US: The share of gas flared in the Permian has fallen to its lowest level of the Shale era
The share of gross gas output that is flared at the wellhead in the US’ prolific Permian Basin has plummeted to a modern Shale-era record low, a Rystad Energy report shows, with an analysis of preliminary data suggesting only 1.6% of the basin’s gas production was flared in the fourth quarter of 2020.
18 Jan 21
GECF: Restored unity among Gulf States to bring stability to energy markets
The Gas Exporting Countries Forum (GECF, Forum) has welcomed the Al-Ula Declaration on 'solidarity and stability” issued at the 41st Summit of the Gulf Cooperation Council (GCC) in the Kingdom of Saudi Arabia, reaffirming the importance of the international dialogue.
18 Jan 21
Nigeria: Shell completes sale of interest in Oil Mining Lease 17 in Nigeria
The Shell Petroleum Development Company of Nigeria (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas for a consideration of $533m.
18 Jan 21
Bahrain: NOGA and Eni Rewind sign an agreement for the development of circular economy initiatives in Bahrain
The National Oil and Gas Authority (NOGA) of Bahrain and Eni Rewind, Eni’s environmental company, have signed a memorandum of understanding in which both sides will jointly seek to identify and promote opportunities for water, soil and landfill management and repurposing in Bahrain, contributing to the progress in implementing the United Nations 2030 Global Goals for sustainable development.
18 Jan 21
US: ENGIE North America adds nearly 2 GW of Renewable Energy in the U.S. in 2020
ENGIE North America has added nearly 2 GW of renewable energy to the U.S. in 2020, as part of ENGIE's commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021.
18 Jan 21
Brazil: Petrobras starts binding phase of North Capixaba Cluster
Petrobras has announced the beginning of the binding phase regarding the sale of its stakes in a set of four onshore field concessions, with integrated facilities, jointly named North Capixaba Cluster, located in the state of Espírito Santo.
18 Jan 21
UK: Application window opens for ScotWind Leasing
From 15 January 2021 developers will be able to apply for seabed rights to build Scotland’s next generation of offshore wind farms. Having launched ScotWind Leasing in June 2020, Crown Estate Scotland has opened the application window for registered developers to submit their applications. The closing date for submitting applications is 31 March 2021.
18 Jan 21
Netherlands: Biggest Dutch project for CO2 reduction, Porthos, is on schedule
Porthos, the project for CO2 capture and storage in Rotterdam, is on schedule to store an annual amount of 2.5 million tonnes of CO2 from the industry in empty gas fields beneath the North Sea as from 2024.
18 Jan 21
Total withdraws from the American Petroleum Institute
Following a detailed analysis of the climate positions of the American Petroleum Institute (API), Total has announced its decision not to renew its membership for 2021.
18 Jan 21
Netherlands/Germany: Tulip Oil announces quarterly update
Tulip Oil has announced the latest quarterly update on its oil and gas exploration and production businesses in the Netherlands and Germany.
18 Jan 21
UK: UKOG provides Horse Hill oil field update
AIM-listed UK Oil & Gas (UKOG) has provided an operational update for its 85.635% owned Horse Hill oil field, located in the Weald Basin, in southern England. To date, the field has produced and exported over 132,000 barrels of Brent quality crude from its Kimmeridge and Portland oil pools.
18 Jan 21
US: Halliburton delivers first successful grid-powered fracturing operation
Halliburton has successfully deployed the industry’s first electric grid-powered fracturing operation. The job, being performed on several pads for Cimarex Energy in the Permian basin, started in November. To date, Halliburton has completed almost 340 stages across multiple wells using utility-powered electric frac pumps that demonstrated consistent superior performance.
15 Jan 21
Australia: Government announces roads investment to open up major gas project in the Northern Territory
Australia's Coalition Government is taking further steps to fast track the enormous economic benefits of the Beetaloo Basin with the announcement of the Northern Territory’s Gas Industry Roads Upgrades program, funded through the Roads of Strategic Importance (ROSI) initiative.
15 Jan 21
Russia: PetroNeft announces potential acquisition of an additional 40 percent interest in Licence 67
AIM-listed PetroNeft has signed Heads of Terms signed with Belgrave Naftogas (formerly Arawak Energy Russia) to acquire an additional 40% interest in Licence 67 for US$2.9 million.
15 Jan 21
US: Nostra Terra completes Pine Mills well
Nostra Terra, the oil and gas exploration and production company with a portfolio of development and production assets in Texas, USA, has announced the completion of the Cypress farm-out well at the Company's Pine Mills oil field.
15 Jan 21
Turkey: UKOG receives formal government consent for Turkish Resan Licence acquisition
AIM-listed UK Oil & Gas (UKOG) has announced that the Company's wholly owned subsidiary, UKOG Turkey, has received notice that formal government consent for the Company's acquisition of a 50% interest in the 305 sq km Basur-Resan oil appraisal and exploration licence has now been granted via official decree.
15 Jan 21
US: Chevron invests in carbon capture and utilisation startup
Chevron has announced a Series C investment in San Jose-based Blue Planet Systems Corporation, a startup that manufactures and develops carbonate aggregates and carbon capture technology intended to reduce the carbon intensity of industrial operations.
15 Jan 21
Denmark: Dana cancels drilling contract with Maersk Drilling
Maersk Drilling has received notice of early termination for convenience of a one-well contract with Dana Petroleum Denmark.
14 Jan 21
Indonesia: Cue Energy commences oil production from the PB field in the Mahato PSC in Indonesia
Cue Energy reports that commercial production of oil has commenced from the PB field in the Mahato PSC in Indonesia and the dispute between Cue and the Joint Venture partners has been settled. Cue Energy Resources holds a 12.5% participating interest in the Mahato PSC.
14 Jan 21
UK: OGUK CEO says Energy White Paper must be opportunity for jobs and communities
OGUK chief executive Deirdre Michie OBE has appeared before the House of Commons Business Energy and Industrial Strategy (BEIS) Select Committee to give evidence on the Energy White Paper (EWP), published in December.
14 Jan 21
US: Orsted signs long-term power purchase agreements with PepsiCo for Nebraska and Texas wind farms
PepsiCo has signed two agreements with Ørsted to purchase a portion of energy from the 298 MW Haystack wind project in Nebraska and the 367 MW Western Trail wind project in Texas.
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