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21 Sep 20
Norway: Aker Carbon Capture celebrates Norway’s recommendation to realise CO2 capture and storage
Aker Carbon Capture has signed a framework agreement with Norcem HeidelbergCement for the EPC delivery of a CO2 capture plant in Brevik, Telemark in southern Norway. This will be the first carbon capture project at a cement factory anywhere in the world.
21 Sep 20
GoM: Byron Energy's SM58 G2 well disappoints - sidetrack planned
Byron Energy reports that its 100% owned and operated South Marsh Island Block 58G2 ('SM58 G2') well in the US Gulf of Mexico has been deemed non-commercial due to a failed geologic seal. Preparations are underway to sidetrack the SM58 G2 well to test the Upper O Sand in the Brown Trout Prospect
21 Sep 20
Norway: Odfjell Drilling secures work for the Deepsea Aberdeen in Norway with Wintershall Dea
Odfjell Drilling has been awarded a contract by Wintershall Dea Norge for use of the Deepsea Aberdeen on exploration wells at the Dvalin North and Bergknapp fields and development wells at the Vega field on the Norwegian Continental Shelf.
21 Sep 20
GoM: Magseis Fairfield awarded deepwater 4D Baseline OBN survey in the US Gulf of Mexico from late 2020
Magseis Fairfield has announced the award of a deepwater 4D Baseline Ocean Bottom Node (OBN) survey in the US Gulf of Mexico for a repeat customer.
21 Sep 20
Australia: Falcon Oil and Gas provides Beetaloo operational update
Falcon Oil & Gas has provided an operational update on the Beetaloo project in the Northern Territory, Australia. Operations have recommenced at the Kyalla 117 well with the fracture stimulation of the well, with extended production testing to follow.
21 Sep 20
Russia: Petroneft receives financing for infrastructure development on Licence 67
AIM-listed Petroneft has signed Heads of Terms with Alexandrovskoye Oil Refinery to provide up to $1M to finance infrastructure development on Licence 67, in the Tomsk Oblast, to enable year-round production from 2021.
21 Sep 20
Suriname: Shearwater GeoServices awarded a marine 3D seismic survey by PETRONAS Suriname E&P
Shearwater GeoServices has announced the award of a large towed streamer 3D seismic survey for Block 52, offshore Suriname by PETRONAS. The four-month project is scheduled to commence in Q4, 2020.
20 Sep 20
Australia: Strike Energy commences West Erregulla appraisal campaign
Strike Energy has provided an update on behalf of the EP469 Joint Venture. Strike has commenced drilling of the West Erregulla 3 appraisal well, which is one of up to three appraisal wells that will be drilled in the West Erregulla field.
20 Sep 20
Colombia: Vestas enters new market with an order in Colombia
Vestas has entered the Colombian wind power market with a 20 MW order for the Guajira I wind park, located at the municipality of Uribia, in La Guajira, Colombia.
20 Sep 20
UAE: ADNOC partners with Mubadala and ENEC to drive in-country Value for the UAE
The Abu Dhabi National Oil Company (ADNOC) has signed two framework agreements with Mubadala Investment Company and Emirates Nuclear Energy Corporation (ENEC) to partner on ADNOC’s In-Country Value (ICV) program.
20 Sep 20
China: CNOOC Ltd announces commencement of production at Liuhua 16-2 oilfield/ 20-2 oilfield joint development project
CNOOC Limited has announced that the Liuhua 16-2 oilfield/ 20-2 oilfield joint development project, located in the Eastern South China Sea, has commenced production.
20 Sep 20
Oman: EOG Resources awarded Block 36 in Oman's Rub Al Khali basin
EOG Resources has signed an Exploration and Production Sharing Agreement (EPSA) with the government of the Sultanate of Oman to explore for hydrocarbons in Block 36 in the southwest of the country.
18 Sep 20
UK: Union Jack Oil announces placing and subscription to raise GBP 7 million
AIM-listed Union Jack Oil, a UK-focused onshore hydrocarbon production, development and exploration company, has raised £7 million by way of an oversubscribed placing and subscription. The fund raising will allow the Company to continue to invest in its conventional onshore flagship projects and invest for growth in its wider licence interests and drill up to four wells in its drill-ready portfolio before the end of 2021.
18 Sep 20
PGS provides update on status of lenders' negotiations
PGS informed in its Q2 and preliminary first half 2020 results presentation that the Company was in negotiations with its lenders to preserve liquidity in light of the dramatic negative market change caused by the Covid-19 pandemic. These negotiations are in an advanced stage, constructive and carried out with the support of the lenders.
18 Sep 20
Australia: Armour Energy provides update on capital raising program
Armour Energy has provided an update in relation to its capital raising program, which, due to significant demand, has been increased to a total of approx. $15m. Additional funds will enable the acceleration of the Surat production growth program, Cooper Basin exploration and Newstead Gas storage works restart.
18 Sep 20
UK: OGUK Industry Insights webinar inspires next generation on route to net zero
More than 200 people joined OGUK’s Industry Insights webinar for young professionals to hear how the sector is working to advance new technologies on the route to net zero. The free event, sponsored by Halliburton, centred around the skills required for the future in reaching net zero carbon emissions by 2050 in the UK and by 2045 in Scotland.
18 Sep 20
Nigeria: PGS announces availability of reprocessed 3D data for West Niger Delta
More than 3,500 sq km of new PGS broadband reprocessed MultiClient data is now available in the West Niger Delta Basin, providing a clearer image of potential targets in blocks OPL 248, 249, 250, 2011, and OML 140.
18 Sep 20
Nigeria: Zenith Energy submits bid in Nigeria's 2020 Marginal Field Round
Zenith Energy has submitted a technical and commercial bid with the Nigerian Department of Petroleum Resources for a marginal field in the 2020 Marginal Field Bid Round. The Company is participating in the Bid Round as technical and financial partner to a Nigerian registered oil and gas company.
18 Sep 20
Argos Resources announces 2020 interim financial results
AIM-listed Argos Resources, the Falkland Islands based company focused on the North Falkland Basin, has announced its interim financial results for the six months ended 30 June 2020. The Company continues to seek partners to participate in drilling on its Licence in the North Falkland Basin.
18 Sep 20
Sterling Energy announces results for the six months ending 30June 2020
AIM-listed Sterling Energy has announced its results for the six month period ending 30 June 2020. Sterling remains well financed and is positioned to take advantage of acquisition opportunities during the current market conditions.
18 Sep 20
Maersk Drilling sets ambitious climate target
As part of an overall sustainability strategy, Maersk Drilling has set an ambitious target of lowering the intensity of CO2 emissions from its drilling operations by 50% by 2030. The target is supported by Maersk Drilling’s strategic focus on efficiency gains, which also leads to reduced CO2 emissions.
18 Sep 20
Norway: Wellesley Petroleum drills dry well north of the Gjøa field in the North Sea - 6204/11-3
Wellesley Petroleum, operator of PL 829, has concluded the drilling of wildcat well 6204/11-3. The well, which was drilled about 75 kms north of the Gjøa field in the North Sea, is being plugged and abandoned as a dry hole.
18 Sep 20
Colombia: Petrobras starts binding phase for the sale of its stake in the Tayrona Block, offshore Colombia
Petrobras has announced the beginning of the binding phase regarding the sale of its entire stake in the exploratory portion of the Tayrona Block, located in the Guajira Basin, Colombia.
17 Sep 20
UK: Vattenfall calls for planning changes to meet offshore wind targets
A 'fit for purpose' offshore wind planning regime is crucial if the UK is to meet its clean energy targets, Vattenfall’s UK country manager Danielle Lane told Energy Minister Kwasi Kwarteng at the SNS2020 north sea energy conference, organised by the East of England Energy Group
17 Sep 20
Norway: Equinor awards Wood a contract for the Kollsnes MEG Upgrade project
On behalf of the operator Gassco, Equinor has awarded Wood an engineering, procurement, construction and installation (EPCI) contract for the MEG Upgrade project at Kollsnes.
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