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15 Sep 20
Australia: Armour Energy announces extension to arrangements with Oilex re Cooper Basin assets
Armour Energy has advised that agreement has been reached with Oilex to defer the date for the satisfaction of conditions precedent under the Share Sale and Purchase Agreement (SSPA) regarding the Cooper Basin assets.
14 Sep 20
UK: OGA to publish vital historic seismic data
Historic seismic data which provide images below the seabed are to be made available by the Oil and Gas Authority (OGA) following a consultation into the reporting and disclosure of such data.
14 Sep 20
Suriname: Apache provides update on Kwaskwasi-1 discovery well - spuds Keskesi East-1 exploration well offshore Suriname
Apache Corp and Total have provided an update to the technical evaluation of the Kwaskwasi-1 discovery well offshore Suriname. The Noble Sam Croft has commenced operations at the Keskesi East-1 exploration well approx. 14 kms southeast of Sapakara West-1.
14 Sep 20
Sweden: Successful offer in Sweden marks new step towards Cloudberry becoming a substantial developer of offshore wind power in the Nordics
Cloudberry Clean Energy has announced that the company has received 100% acceptance for its offer to the shareholders in Scanvind2 AS, the holding company of the offshore wind project 'Rewind Vänern'. The transaction marks a new step towards Cloudberry’s ambition of becoming a substantial developer of offshore wind in the Nordics.
14 Sep 20
Norway: NPD announces revised guidelines for production permit applications
The Norwegian Petroleum Directorate (NPD) has announced that revised guidelines for production permit applications will be published in early October. The main rule is that licensees shall apply for a joint permit for oil, gas and injection, as well as flaring and cold venting, for the upcoming calendar year.
14 Sep 20
Taiwan: Ampelmann to assist construction of offshore wind farm in Taiwan
Ampelmann, the Dutch offshore access provider, has signed a contract with Seaway 7 for a project due to start in 2021. This contract marks the company’s first contract in Taiwan, and it is also the first time an Ampelmann system will be deployed for an offshore wind job in Asia.
14 Sep 20
Advance Energy announces operations update
AIM-listed Advance Energy, the energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, has provided an operations update, including recent licence awards in the UK Southern North Sea.
14 Sep 20
BP launches its Energy Outlook 2020 edition
The 2020 edition of the BP Energy Outlook explores possible paths for the global energy transition, how global energy markets may evolve over the next thirty years and the key uncertainties that may shape them.
14 Sep 20
Norway: Neptune Energy granted drilling permit for well 6406/12-G-1 H in PL 586
The Norwegian Petroleum Directorate has issued a drilling permit to Neptune Energy for wildcat well 6406/12-G-1 H in production licence PL 586. The well will be drilled about 36 kms southwest of the Njord field.
14 Sep 20
US: Mosman Oil and Gas announces Stanley-4 drilling update
AIM-listed Mosman Oil and Gas has advised that the Stanley-4 well in East Texas has completed drilling after reaching the target depth. Logs indicate several potential pay zones, making a total of four wells drilled by the joint venture at the Stanley project, with positive results.
14 Sep 20
Australia’s gas and coal demand for power has peaked - to be overtaken by solar and wind from 2026 - Rystad Energy
Australia’s top two electricity generation sources, coal and natural gas, have both seen demand in the country peak, a Rystad Energy analysis shows. The combined power production from coal and gas will be overtaken by electricity generated by solar photovoltaic (PV) and onshore wind farms from 2026.
14 Sep 20
UK: Union Jack Oil announces unaudited results for the six months ended 30 June 2020
Union Jack Oil, a UK focused onshore conventional oil and gas production, development and exploration company, has announced its unaudited results for the Half Year ended 30 June 2020. The Company has seen significant progress at our three key project interests, namely West Newton, Wressle and Biscathorpe.
14 Sep 20
Romania: ADX Energy provides update on acidisation and flow testing of Iecea Mica-1 well
ADX Energy has advised that the IMIC-1 well was acidised and back flowed 10th and 11th of September 2020 with the assistance of nitrogen injected to the bottom of the well using coiled tubing.
14 Sep 20
Australia: Strike Energy completes farmout of Walyering Perth Basin discovery to Talon Petroleum
Strike Energy has executed the previously announced farm-out of a 45% non-operated interest in EP447, which contains the Walyering Perth Basin discovery, to Talon Petroleum in exchange for a $6 million carry.
13 Sep 20
UK: Independent Oil and Gas confirms possible offer for Deltic Energy
Independent Oil & Gas said Friday that it notes the recent movement in the share price of Deltic Energy and confirms that it is considering a possible all-share offer for the entire issued and to be issued share capital of Deltic.
13 Sep 20
UK: OGUK’s response to Climate Assembly UK report
OGUK has welcomed the final report released by Climate Assembly UK which states that the country’s path to net zero must be underpinned by education, choice, fairness and political consensus. OGUK is already discussing a transformational North Sea Transition Deal with the UK Government.
13 Sep 20
Brazil: Petrobras starts binding phase for the sale of its stake in Espirito Santo Basin blocks
Petrobras has started the binding phase regarding the sale of a part of its interest in the exploratory blocks belonging to the concessions ES-M-596-R11, ES-M-598-R11, ES-M-671-R11, ES-M-673-R11 and ES-M-743-R11, located in the Espírito Santo Basin.
13 Sep 20
Polarcus reports Vyacheslav Tikhonov charter extended for 3 years
Polarcus reports that Sovcomflot has exercised options to extend the firm period of the charter of the 'Vyacheslav Tikhonov', originally named 'Polarcus Selma' by 3 years commencing immediately.
13 Sep 20
UK: 10 to 20 billion boe or more potential resources remain in the UKCS
The Oil and Gas Authority (OGA) has published the UK Oil and Gas Reserves and Resources as at end 2019. It provides an estimate of the UK Continental Shelf’s (UKCS) remaining recoverable petroleum resources.
13 Sep 20
UK: Daily well production figures will help MER UK and net zero goal - OGA
The Oil and Gas Authority (OGA) has published daily production figures from wells that have ceased production, some with production dating back over 40 years. Reservoir engineers seeking untapped hydrocarbons or potential carbon capture and storage (CCS) sites, and academics are expected to be regular users of the data which details the production history of each field.
11 Sep 20
Vietnam: Pharos Energy receives TGT Full Field Development Plan approval
Pharos Energy gas announced that it has received approval from the Prime Minister of Vietnam for the TGT Full Field Development Plan ('FFDP').
11 Sep 20
US: 88 Energy reports final petrophysical interpretation substantially upgrades Charlie-1 net pay
88 Energy has provided an update related to results from the Charlie-1 appraisal well, on the North Slope of Alaska. The final petrophysical interpretation, using sophisticated Laminated Sand Analysis, substantially upgrades net hydrocarbon pay in the Charlie-1 well.
11 Sep 20
Baron Oil announces interim results for the six months ended 30 June 2020
Baron Oil, the AIM-quoted oil and gas exploration company focused on opportunities in SE Asia, Latin America and the UK, has announced its unaudited interim financial information and results for the six months ended 30 June 2020.
11 Sep 20
Sound Energy announces half-yearly report for the six months ended 30 June 2020
Sound Energy, the Moroccan focused upstream oil and gas company, has announced its unaudited half-year report for the six months ended 30 June 2020.
11 Sep 20
Genel Energy announces intention to refinance
Genel Energy has engaged Pareto Securities to organise a roadshow with international credit investors. The Company may, subject to market conditions and acceptable terms on the new issue, raise a new five-year bond of up to $300 million to replace the Company’s existing bond maturing in December 2022.
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