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09 Jun 19
Kazakhstan: LUKOIL signs HoA with KazMunayGaz in Kazakh sector of Caspian Sea
At the 23rd St. Petersburg International Economic Forum, LUKOIL and KazMunayGaz signed a Heads of Agreement on the I-P-2 block located in the Kazakh Sector of the Caspian Sea.
07 Jun 19
US: Mayan Energy provides update on US onshore operations in Texas and Oklahoma
AIM listed Mayan Energy has provided a further update on its US onshore operations in Texas and Oklahoma. Since the last market announcement, the Company has continued to work across its fields and strengthen the production base.
07 Jun 19
Norway: Success from high impact drilling badly needed to revive flagging exploration performance in Norway - Westwood Insight
Exploration performance in Norway has dropped significantly in the last five years, reflecting a deterioration of quality of the prospect portfolio. Despite this, a dramatic increase in high impact drilling is planned for 2019 – results will be a key test of Norway’s ability to sustain exploration into the future.
07 Jun 19
Australia: Cue Energy announces completion of Ironbark agreements
All agreements between Cue Exploration and BP Developments Australia, Beach Energy and New Zealand Oil & Gas have been achieved, resulting in the formation of a joint venture to drill the Ironbark-1 well in exploration permit WA-359-P, offshore Western Australia.
07 Jun 19
Congo (Brazzaville): Anglo African Oil & Gas provides operational update on the Tilapia field
Anglo African Oil & Gas has provided an operational update on the Tilapia oil field in the Republic of Congo. The Company is currently working working on the publication of a CPR covering Tilapia, the primary purpose of which is to update the Company's reserve base following the successful drilling of the TLP-103C well.
07 Jun 19
Dominican Republic announces first licensing round with onshore and offshore blocks open for investment
The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round to open at an event in Houston on July 10th, 2019, closing in December 2019. The Ministry is offering 14 blocks, a combination of on- and offshore.
07 Jun 19
Congo (Brazzaville): NewAge sells interest in Marine XII Licence to LUKOIL
New Age (African Global Energy) has announced that its subsidiary New Age M12 Holdings has signed a Sale and Purchase Agreement with LUKOIL Upstream Congo, a wholly owned subsidiary of LUKOIL, for the sale of its 25 percent non-operated interest in the Marine XII Licence for USD 800 million.
06 Jun 19
US: CGG and Fairfield Geotechnologies join forces on large WAZ survey in South Central Louisiana’s Austin Chalk
CGG and Fairfield Geotechnologies have signed a cooperation agreement to acquire a large-scale, multi-client survey in South Central Louisiana. The new 578-square-mile wide-azimuth survey, known as Bayou Boeuf, is designed to image the Austin Chalk play.
06 Jun 19
Russia: Gazprom Neft - Shell joint venture to develop fields in Yamal
Gazprom Neft and Shell have used this year’s St Petersburg International Economic Forum to sign an agreement on creating a joint venture to develop license blocks in the Yamalo-Nenets Autonomous Okrug.
06 Jun 19
Russia: Gazprom Neft and NOVATEK announce their intention to cooperate in the Arctic
Gazprom Neft and NOVATEK have concluded an agreement at this year’s St Petersburg International Economic Forum confirming their intention to cooperate in implementing projects in the Russian Arctic.
06 Jun 19
Mozambique: McDermott announces contract agreement with Anadarko for Mozambique LNG development
McDermott International has announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development.
06 Jun 19
Cote d'Ivoire: Eni awarded two exploration blocks offshore Ivory Coast
Eni has signed the contracts for two new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The blocks - CI-501 and CI-504 - were part of the 20 blocks available at the end of 2018.
06 Jun 19
UK: Cluff Natural Resources announces successful completion of fundraising
Cluff Natural Resources has announced the successful completion a fundraising, raising proceeds of £15 million, which will fully fund the Company to drill its two high-impact wells with Shell at Selene and Pensacola in the Southern North Sea and to continue to further expand and de-risk the rest of its portfolio.
06 Jun 19
China: NOVATEK creates a joint venture in China with Sinopec and Gazprombank
NOVATEK, Sinopec and Gazprombank have signed a Heads of Agreement on establishing a joint venture to market LNG and natural gas to end-customers in the People’s Republic of China.
06 Jun 19
Angola: ExxonMobil and partners to redevelop Angola Block 15 to increase production
ExxonMobil and its partners said they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels. As part of the agreement, Sonangol, Angola’s state oil company, will receive a 10 percent equity interest.
06 Jun 19
Australia: Santos announces Dorado appraisal confirms major oil and gas resource
Santos has announced that the Dorado-2 appraisal well has confirmed a major oil and gas resource in the Bedout Basin, offshore Western Australia.
05 Jun 19
Norway: PGNiG on route to production form AErfugl gas reservoir in the Norwegian Sea
PGNiG Upstream Norway reports that the first well at the Aerfugl gas field is expected to start production in June 2020.
05 Jun 19
Shell, strongly positioned for the future of energy, provides strategy update and financial outlook to 2025
Royal Dutch Shell has updated investors on the company’s strategy, setting out a compelling financial outlook to 2025 and building on a strong foundation that will enable it to thrive through the transition to a lower-carbon energy system.
05 Jun 19
Australia: Cooper Energy signs gas sales agreements with AGL Energy for Sole and Casino Henry
Cooper Energy has signed new gas supply agreements with AGL Energy from its Sole (Gippsland Basin) and Casino Henry (Otway Basin) gas operations.
05 Jun 19
UK: Spectrum commences first phase of a new high-density regional Multi-Client 3D survey in the UK’s Southern North Sea
Spectrum has commenced the first phase of a new high-density regional Multi-Client 3D survey, over a 2019 prioritised area of the UK’s Southern North Sea. The fully-funded survey aims to provide improved imaging of the under-explored Zechstein, Carboniferous and Devonian plays.
05 Jun 19
UK: NW of Shetlands insight with new generation of blended seismic - CGG
Step-change in source deblending enables bespoke, high-density acquisition designs to address difficult geological senarios. A recent example of this new generation of blended seismic imaging projects was the rich-azimuth, multi-client survey acquired by CGG over the North Rona Ridge, northwest of Shetlands.
05 Jun 19
UK: Pharis Energy awarded new licence in the UK's Frontier 31st Offshore Licensing Round
Pharis Energy, the North Sea focused company with the intention of initiating the first major offshore steam flood project in the world, has announced that it has been awarded part-blocks 28/2a and 28/3a in the UK's 31st Seaward Licensing Round.
05 Jun 19
UK: Corallian Energy awarded five licences in the UK's Frontier 31st Offshore Licensing Round
Reabold Resources, the investor in pre-cash flow upstream oil and gas projects, has announced that Corallian Energy, in which the Company owns a 32.9 per cent interest, has been offered five new licences by the Oil and Gas Authority as part of the UK 31st Offshore Licensing Round.
05 Jun 19
Ireland: Providence Resources announces update on Barryroe farm-out transaction
Providence Resources has provided a commercial and operational update in relation to Standard Exploration Licence ('SEL') 1/11 which contains the Barryroe oil accumulation. The Barryroe Partners now expect drilling operations at Barryroe to commence in Q4 2019.
05 Jun 19
Australia: Senex Energy begins Surat Basin drilling campaign
Senex Energy has begun its integrated natural gas drilling campaign, representing a major step towards full-scale production from its Surat Basin development projects. The drilling campaign comprises approx. 110 wells across Roma North and Project Atlas.
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