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25 Jun 20
Colombia: Parex plans to increase production and re-start capex programs
Parex Resources, a company focused on Colombian oil exploration and production, has provided an operational update. The Company is developing action plans to return shut-in production, resume capital activity and generate free cash flow.
25 Jun 20
Israel: Karish pipe laying and subsea systems installation completed
Energean has announced the completion of a key milestone in the Karish and Tanin Development project, offshore Israel. TechnipFMC, has successfully completed on time the laying of the Gas Sales Pipeline and the main deep water installations of the subsea production systems. The overall physical progress of the Karish Development project now stands at c. 80% complete.
25 Jun 20
Dril-Quip and Proserv Group announce strategic agreement
Dril-Quip and Proserv Group have announced an agreement pursuant to which Dril-Quip will rely upon Proserv for the development and manufacturing of its subsea control systems as a supplier. The mutually beneficial arrangement allows Dril-Quip to continue to support its existing subsea controls customers with the support of Proserv.
25 Jun 20
UK: Brent Alpha platform arrives in Able Seaton Port for dismantling
Able UK has transported the 17,000 tonne Brent Alpha platform from northeast of the Shetland Islands to Able Seaton Port on Teesside in preparation for its dismantling and recycling. The Brent Alpha is the third platform from the Shell Brent field to be decommissioned at Able Seaton Port.
25 Jun 20
Norwegian Petroleum Directorate announces new senior management team
The six directors who will make up the Norwegian Petroleum Directorate’s senior management team along with Director General Ingrid Sølvberg have now been employed.
25 Jun 20
Azerbaijan: Zenith Energy completes handover of Contract Rehabilitation Area to SOCAR
Zenith Energy has announced that the handover process of the Contract Rehabilitation Area ('CRA') to SOCAR in the Republic of Azerbaijan has now been successfully concluded and the Company has ceased all oil production operations in Azerbaijan.
25 Jun 20
Cluff Natural Resources announces change of name to Deltic Energy
Cluff Natural Resources has announced that the Company’s change of name has been effected by Companies House and accordingly the Company has changed its name to Deltic Energy.
25 Jun 20
San Leon Energy announces final results
San Leon Energy, the independent oil and gas production, development and exploration company focussed on Nigeria, has announced its audited final results for the year ended 31 December 2019 and provided an update on its OML 18 licence in Nigeria.
25 Jun 20
Gambia: FAR signs new JOA's for Gambia blocks - still seeking farmout
FAR Ltd and PETRONAS have signed new Joint Operating Agreements ('JOA’s') in respect of the A2 and A5 Blocks offshore The Republic of The Gambia. Efforts to find an additional partner for the drilling of the next well, which will be a test of the southern culmination of the Sangomar field, are ongoing.
24 Jun 20
Sovcomflot withdraws notice of redelivery of the Vyacheslav Tikhonov to Polarcus
Polarcus reports that Sovcomflot has postponed the redelivery of the Vyacheslav Tikhonov until the completion of a new project anticipated to commence in Q3 2020.
24 Jun 20
Norway: Aker Solutions awarded letter of intent for Breidablikk
Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea. Breidablikk is a large oil discovery on the Norwegian Continental Shelf located north-east of the Grane field in the North Sea, which will be developed as a subsea field with a tie-back to the Grane platform.
24 Jun 20
Norway: Aker BP submits plan for development and operation for Hod
Aker BP and Pandion Energy have submitted the plan for development and operation (PDO) for Hod to the Ministry of Petroleum and Energy. The Hod field will be developed in collaboration with Aker BP’s alliance partners with a normally unmanned installation remotely controlled from the Valhall field centre, with very low CO2 emissions due to power from shore.
24 Jun 20
Solo Oil announces corporate update and proposed name change
Solo Oil has announced that in light of the unprecedented practical challenges presented by COVID-19, the Board has taken the decision to apply for a delay in release of its 2019 Audited Financial Statements. The Company will also be seeking approval of a name change to Scirocco Energy at its upcoming AGM.
24 Jun 20
Norway: Aker BP granted drilling permit for wells 6607/12-4 and 6607/12-4 A in PL 127 C
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wildcat well 6607/12-4 and appraisal well 6607/12-4 A production licence PL 127 C. The well will be drilled about 7 kms northeast of the 6607/12-2 S Alve Nord discovery.
24 Jun 20
Canadian Overseas Petroleum announces £700,000 share placing
Canadian Overseas Petroleum has entered into agreements for a £700,000 common share placing with three investors. Funds will cover general working capital and enable the Company to continue focusing on its Nigerian OPL 226 project.
24 Jun 20
Netherlands: Neptune Energy completes safe removal of three Dutch platforms
Neptune Energy has announced the safe removal of the L10-C, L10-D and L10-G platforms from the Dutch sector of the North Sea. The platforms have been providing offshore natural gas to the Netherlands for around 40 years and ceased production in 2016.
24 Jun 20
Norway: DeepOcean awarded contract by Repsol for Yme Beta North tie-back
DeepOcean has been awarded an EPCI contract for performing marine operations in connection with Repsol’s tieback of YME Beta North reservoir to existing facilities.
24 Jun 20
Australia: Chevron signs new domestic gas sale agreement
Chevron has signed a domestic gas sale agreement with BHP Billiton Nickel West for the delivery of natural gas from the Chevron-operated Wheatstone domestic gas facility.
24 Jun 20
Egypt: United Oil and Gas announces Abu Sennan reserves upgrade and production update
United Oil & Gas has provided an update on the Abu Sennan concession in Egypt in which UOG holds a 22% working interest. This includes a production update covering the first half of June and the results of an Independent Reserves Report which estimates gross 2P reserves at Abu Sennan increased to 13.5 MMboe from 12 MMboe over the course of 2019 following drilling success.
24 Jun 20
UK: Union Jack Oil acquires further interest in PEDL 253 Biscathorpe
Union Jack Oil has announced the acquisition of a further interest in onshore licence PEDL253 containing the Biscathorpe project, where a potentially material and commercially viable hydrocarbon resource remains to be tested.
24 Jun 20
Senegal: FAR fails to pay cash call for Sangomar development
FAR Senegal has not paid the most recent development cash call for the Samgomar development, offshore Senegal, and is in default. In the interim, FAR is continuing to investigate selling all or part of FAR Senegal’s interest in the RSSD Production Sharing Contract and JOA.
23 Jun 20
Norway: LOC Norway awarded new scope of work on Johan Sverdrup field by Equinor
LOC Group has been awarded a new scope of work with Equinor. LOC will provide Marine Warranty Surveyor ('MWS') services for the SURF ('subsea umbilical, risers and flowlines') development on the Johan Sverdrup oil field in the North Sea. The scope of work is for part of the Phase 2 development of the field.
23 Jun 20
Senegal: Woodside confirms Sangomar on track for first oil in 2023
Woodside notes recent media reports stating that Senegal has been forced to delay its first oil and gas projects by up to two years because of the COVID-19 pandemic. Woodside reiterates that first oil from the Sangomar Field Development Phase 1 remains on track for 2023, in line with previous guidance.
23 Jun 20
UAE: ADNOC announces USD20.7 billion energy infrastructure deal
The Abu Dhabi National Oil Company (ADNOC) has entered into an agreement with some of the world’s leading infrastructure investors and operators, sovereign wealth and pension funds, which will invest in select ADNOC gas pipeline assets valued at $20.7 billion.
23 Jun 20
UAE: Fugro completes Middle East’s first uncrewed geophysical route survey
In response to increasing demand for remote offshore services, Fugro has completed the Middle East’s first fully autonomous geophysical shallow-water route survey. Controlled from their remote operations centre in Abu Dhabi, an uncrewed surface vessel (USV) captured a full range of geophysical data across a survey area some 40 km out from the coast of Abu Dhabi.
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