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18 Aug 19
UK: The OGA agrees Hydraulic Fracture Plan for Cuadrilla's Preston New Road site
The Oil & Gas Authority (OGA) has agreed the Hydraulic Fracture Plan for the PNR2 well at the Preston New Road site as described in plans put forward by Cuadrilla.
18 Aug 19
Guinea Bissau: CNOOC acquires 55.55 percent interest in Svenska's acreage offshore Guinea-Bissau
FAR Limited has approved the Request for Transfer of Interest from Svenska Petroleum of a 55.55 percent participating interest in the highly prospective Sinapa and Esperanca petroleum licences offshore Guinea-Bissau, to CNOOC West African Petroleum E&P.
18 Aug 19
Norway: Cairn Energy farms out 10 percent interest in the Nova development offshore Norway to ONE-Dyas
Cairn has entered into a farm-out agreement for the sale of a 10 percent interest in the Nova development offshore Norway. ONE-Dyas Norge will acquire 10 percent the project by paying US$59.5 million plus customary working capital adjustments on completion.
18 Aug 19
US: TGS awarded five-year contract extension by BSEE
TGS has been awarded a five-year contract for Digital Well Log Data Processing with the United States Department of the Interior, Bureau of Safety and Environmental Enforcement (BSEE), a federal agency tasked with overseeing offshore oil and gas activities.
18 Aug 19
Norway: Aker BP granted drilling permit for well well 30/12-2 in PL 986
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for well 30/12-2 in production licence PL 986. The well will be drilled about 43 kms northeast of the Frigg field.
18 Aug 19
Norway: Capricorn Norge drills dry well near the Norne field in the Norwegian Sea – 6608/11-9
Cairn Energy subsidiary Capricorn Norge, operator of production licence PL 842, has completed the drilling of wildcat well 6608/11-9. The well, which was drilled about 13 kms northeast of the Norne field, failed to encounter hydrocarbons and will be permanently plugged and abandoned.
18 Aug 19
Morocco: Genel Energy to initiate farm-out campaign for Sidi Moussa block offshore Morocco in Q1 2020
Genel Energy reports that on the Sidi Moussa block, offshore Morocco, processing of the multi-azimuth broadband 3D seismic survey acquired in 2018 over the prospective portions of the block continues. Once completed, the Company plans to initiate a farm-out campaign in Q1 2020.
18 Aug 19
Somaliland: Genel Energy to initiate farm-out campaign for SL10B13 block onshore Somaliland in late Q3 2019
Genel Energy reports that continued interpretation of the 2018 2D seismic data together with continued basin analysis for its onshore Somaliland SL10B13 block has led to the maturation of a prospects and leads inventory. The Company will initiate a farm-out campaign, commencing late Q3 2019.
02 Aug 19
MODEC develops next generation new built FPSO hulls
MODEC has developed the 'MODEC NOAH' and 'M350', next generation new built hulls for Floating Production Storage and Offloading (FPSO) vessels.
02 Aug 19
Russia: Saipem joins the JV for the realization of the Arctic LNG 2 project
Saipem has reached an agreement with Technip France and NIPIgaspererabotka to participate in the Joint Venture for the realization of the Arctic LNG 2 project.
02 Aug 19
UK: Stork awarded onshore and offshore evergreen contract for Centrica’s UK assets
Fluor Corporation has announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets.
02 Aug 19
Australia: Santos and Perdaman sign Narrabri gas agreement
Santos and Perdaman have signed a heads of agreement for the further study and design of Perdaman’s new ammonia production facility using Narrabri natural gas.
02 Aug 19
GoM: GulfSlope Energy announces key lease extension
GulfSlope Energy has announced that the federal Bureau of Ocean and Energy Management ('BOEM') has agreed to grant GulfSlope a three year extension of the term of its lease number OCS-G-35244 for Ship Shoal block 336, on its Tau Prospect.
01 Aug 19
New Zealand: TAG Oil receives final approval for the sale and transfer of its New Zealand operations to Tamarind Resources
TAG Oil has announced that final approval has been received from New Zealand Petroleum and Minerals for the sale and transfer of TAG’s operatorship to Tamarind Resources of its New Zealand operations.
01 Aug 19
GoM: BP awards hook-up and commissioning contract to Worley
Worley has been awarded a contract by BP for hook-up and commissioning integration services for BP’s Mad Dog 2 project and the Argos deep-water platform in the Gulf of Mexico. Argos will be BP’s newest floating production unit (FPU). It is planned to be commissioned in 2021.
01 Aug 19
UK: OGA announces restricted 'Out of Round' offer - Rhum Area (NNS)
The Oil and Gas Authority (OGA) has launched a restricted 'Out of Round' offer of two blocks 3/24c & 3/29c, around the Northern North Sea Rhum Field.
01 Aug 19
US: Ecopetrol and Occidental form strategic partnership to develop acreage in Midland Basin
Ecopetrol has formed a joint venture with Occidental Petroleum to develop 97,000 net acres of Occidental's Midland Basin properties in the Permian Basin. Ecopetrol will pay USD 750 million in cash plus USD 750 million of carried capital in exchange for a 49-percent interest in the new venture.
01 Aug 19
Saudi Arabia: McDermott awarded offshore EPCI contract by Saudi Aramco for the Hasbah and Karan fields
McDermott International has been awarded a contract by Saudi Aramco to provide engineering, procurement, construction and installation (EPCI) of a production deck module (PDM) in the Hasbah gas field with hook-up and modification works in Saudi Arabia's Karan fields located offshore in the Arabian Gulf.
01 Aug 19
Namibia: EMGS to acquire 3D CSEM survey offshore Namibia for Nabirm Global
Electromagnetic Geoservices (EMGS) has been awarded a contract from Nabirm Global for a proprietary 3D CSEM survey over Block 2113A (PEL 0058) in the Walvis Basin, offshore Namibia.
01 Aug 19
Norway: Var Energi completes field divestment to Mime Petroleum
Var Energi has finalised the previously announced divestment of 10 percent ownership interests in six Var Energi-operated licenses across the Balder and Ringhorne fields in the North Sea to Mime Petroleum.
01 Aug 19
Shell profit slumps to 30-month low - denting recovery
Royal Dutch Shell’s second-quarter profit slumped to a 30-month low due to weaker gas prices and refining margins, falling far short of expectations and denting a steady recovery in recent years.
01 Aug 19
Denmark: Shell completes sale of upstream interests in Denmark to Noreco for $1.9 billion
Shell has completed the sale of its non-operating interest in the Danish Underground Consortium (DUC) to Norwegian Energy Company (Noreco) for a consideration amount of USD 1.9 billion.
01 Aug 19
GoM: Shell invests in PowerNap subsea tie-back in Gulf of Mexico
Shell has taken the final investment decision (FID) for the PowerNap deep-water project in the US Gulf of Mexico. PowerNap is a subsea tie-back to the Shell-operated Olympus production hub.
01 Aug 19
Norway: Aker BP granted drilling permit for well 2/1-17 S in PL 019 C
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for well 2/1-17 S in production licence PL 019 C. The well will be drilled about 10 kms southeast of the Gyda field.
01 Aug 19
Nigeria: Eland Oil & Gas announces first oil at Gbetiokun early production facility
AIM-listed Eland Oil & Gas has announced that first production from the Gbetiokun oil field was achieved via the early production facility ('EPF') at licence OML 40.
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