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13 Jan 21
Egypt: United Oil and Gas provides quarterly production update
United Oil & Gas has provided a quarterly production update for the period to the end of 2020. All of United's production for the period was from the Kuwait Energy operated Abu Sennan Licence in Egypt, in which United holds a 22% working interest.
13 Jan 21
Brazil: TGS announces Espirito Santo multi-client 3D survey offshore Brazil
TGS has announced the commencement of the Espirito Santo multi-client 3D seismic survey offshore Brazil. The survey, covering 2,694 sq kms, is being acquired in a dual-azimuth acquisition format.
12 Jan 21
Australia: Galilee Energy announces update on Glenaras gas project
Galilee Energy has provided an update on the 100% owned and operated Glenaras multiwell pilot programme ('Pilot') in the Galilee Basin ATP 2019. Each of the six new vertical wells at the Pilot are now on continuous production and the total water rate from the full Pilot is 14,500 BWPD.
12 Jan 21
Premier Oil shareholders approve proposed merger with Chrysaor
At a General Meeting of the Company, Premier Oil's shareholders approved the all share merger between Premier and Chrysaor and the reorganisation of Premier’s existing debt and cross currency swaps.
12 Jan 21
UK: Royal Dutch Shell to cut more than 300 North Sea jobs
Royal Dutch Shell is to cut 330 jobs from its operations in the North Sea. The company said most of the posts are based at its office in Aberdeen and will be lost over the next two years, according to BBC News.
12 Jan 21
Russia: NOVATEK and NLMK sign MOU on decarbonisation
NOVATEK and NLMK Group have signed a Memorandum on Cooperation ('MOU') to cooperate in areas to reduce greenhouse gas emissions.
12 Jan 21
Namibia: ReconAfrica spuds first well in the deep Kavango Basin
Reconnaissance Energy Africa (ReconAfrica') has commenced drilling operations on the first well (6-2), of an initial three well program, in the deep Kavango Basin in the Kalahari Desert of North East Namibia.
12 Jan 21
Norway: Coretrax celebrates first deployment of expandable drilling liner in Norway
Coretrax, the global well integrity and production optimisation leader, has marked a significant milestone with the first deployment of its expandable liner technology in Norway since acquiring Mohawk Energy.
12 Jan 21
Norway: CGG Satellite Mapping completes Barents Sea seeps study for Norwegian Petroleum Directorate
CGG’s Satellite Mapping group recently completed an innovative high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD). The aim of the study was to increase petroleum system knowledge across a relatively data-poor area of the northern Barents Sea.
12 Jan 21
UK: Neptune Energy awards USD6.5M contracts for Cygnus gas facility
Neptune Energy has announced the award of integrity management and fabric maintenance contracts for its operated gas production platform, Cygnus, to Oceaneering and Stork, to the value of approx. $6.5 million.
12 Jan 21
CGG provides full year 2020 & Q4 financial update
CGG has provided a full year 2020 & Q4 financial update. Q4 2020 Segment revenue expected at $282 million. Segment backlog as of January 1, 2021 at $421 million. Sells Shearwater shares to Rasmussengruppen.
12 Jan 21
Australia: Clough awarded EPC scope for the Waitsia Stage 2 development in Western Australia
Clough has announced the award of the Engineering, Procurement and Construction (EPC) scope for the Waitsia Stage 2 development in the northern Perth Basin, Western Australia.
12 Jan 21
Norway: Lundin Energy announces resource additions of 210 percent of 2020 production
Lundin Energy has announced that as at 31 December 2020, its proved plus probable net reserves (2P reserves) are 671 million barrels of oil equivalent (MMboe) and its proved plus probable plus possible net reserves (3P reserves) are 826 MMboe. 2P reserves plus best estimate net contingent resources (total resource) are 946 MMboe, with a total resource replacement ratio for 2020 of 210 percent.
12 Jan 21
Bahamas Petroleum Company provides update on funding strategy
Bahamas Petroleum Company, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and exploration assets across the region, has provided an update on its funding.
12 Jan 21
China: Wood secures USD120 million contract for ethylene expansion in China
Wood has secured a contract valued at over $120 million with Sinopec to provide engineering, procurement and construction (EPC) services to expand its refinery development in the Hainan Free Trade Zone (FTZ) in South China.
11 Jan 21
Fugro partners on ‘4S’ global satellite observation seafloor mapping innovation
Fugro is participating in an EU co-funded research and innovation project to develop a remote solution for global satellite derived seafloor mapping.
11 Jan 21
India: McDermott completes Reliance's KG-D6 R Cluster Project
McDermott International has completed the KG-D6 R Cluster subsea field development project and achieved pre-commissioning and ready for startup for Reliance Industries Ltd, in the Krishna Godavari Basin, located off the east coast of India.
11 Jan 21
Gas year 2020 review: Global gas production exceeded demand, US led liquefaction capacity race - Rystad Energy
2020 was a year that hurt demand for all fuels, and natural gas was no exception. As the year concluded, Rystad Energy has analyzed all of the year’s gas-related activity and produced a thorough report, offering some easily digestible key figures and some long-term outlook on the future of the industry.
11 Jan 21
2020 high impact exploration and 2021 key wells to watch
High impact exploration has weathered a perfect storm of a pandemic, an oil price crash and an accelerating energy transition, and enters 2021 with a substantial drilling programme that should at least match 2020 - according to Westwood Global Energy Group.
11 Jan 21
Norway: NPD announces upgrade of FactPages and FactMaps
The Norwegian Petroleum Directorate has announced that on January 19th a new version of the FactPages will be realeased. This version is customized both for PC, tablet and mobile phone. At the same time, upgrades are being made to the FactMaps.
11 Jan 21
France: Total acquires Fonroche Biogaz and becomes the French leader in renewable gas
Total has announced the acquisition of Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units in France. The acquisition is consistent with Total's strategy and its climate ambition to get to Net Zero by 2050.
11 Jan 21
Norway: NPD announces changes to the Resource Management Regulations and new guide
The Norwegian Petroleum Directorate reports that Regulation No. 2004 of 13 December 2017 relating to resource management in the petroleum activities (the Resource Management Regulations) has been amended, effective from 1 January 2021.
11 Jan 21
Norway: Chrysaor granted drilling permit for well 15/12-25 in PL 973
The Norwegian Petroleum Directorate has granted Chrysaor Norge a drilling permit for wildcat well 15/12-25 in production licence PL 973. The well will be drilled about 7 kms northwest of the Rev field.
11 Jan 21
Norway: Chrysaor granted drilling permit for well 15/12-26 in PL 973
The Norwegian Petroleum Directorate has granted Chrysaor Norge a drilling permit for wildcat well 15/12-26 in production licence PL 973. The well will be drilled about 10 kms south of the 15/12-21 (Grevling) oil discovery.
11 Jan 21
UK: Union Jack Oil provides update on Wressle development
AIM-listed Union Jack Oil has provided an update on progress to first oil at the Wressle hydrocarbon development site. The Ashover Grit reservoir is expected to produce 500 barrels of oil per day ('bopd') at a constrained rate, increasing Union Jack's net production by an additional 200 bopd when fully on stream.
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