Latest News
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15 Oct 21
Brazil: Petrobras provides update on Bahia Terra Cluster divestment
Petrobras, regarding news in the media about the sale of onshore production fields located in the Reconcavo and Tucano Basins, in the state of Bahia, jointly called the Bahia Terra Cluster, clarifies that it has received binding offers from potential interested parties in the acquisition of the assets. -
15 Oct 21
Australia: Beach Energy and Mitsui celebrate Waitsia Groundbreaking
Mitsui E&P Australia (MEPAU) and Joint Venture partner Beach Energy have celebrated the Groundbreaking ceremony for the Mid West job creating Waitsia Gas Project Stage 2. -
15 Oct 21
New Zealand: New compressor boosts Kupe gas output
New Zealand’s gas supply has received a much-needed boost with Beach Energy switching on a new compressor, increasing gas production at the Kupe Gas Processing Facility near New Plymouth. -
15 Oct 21
US: 88 Energy provides quarterly activities report
88 Energy has provided an update for the quarter ended 30 September 2021 related to its operations in the NPR-A region of the North Slope of Alaska. -
15 Oct 21
US: Secretary Haaland outlines ambitious offshore wind leasing strategy
Secretary of the Interior Deb Haaland has outlined the path forward for future offshore wind leasing to meet the Biden-Harris administration’s goal to deploy 30 gigawatts (GW) of offshore wind energy by 2030. -
15 Oct 21
Angola: Maersk Drilling awarded contract extension to drill world record well in Angola
TotalEnergies E&P Angola has exercised an option for the 7th generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The Ondjaba-1 well will be drilled at a new world record water depth of 3,628 m. -
15 Oct 21
US: Zephyr Energy provides update on State 16-2LN-CC well
Zephyr Energy, the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, has provided an update on operational activity at its flagship project in the Paradox Basin, Utah, U.S. The Company is currently preparing to commence production testing. -
15 Oct 21
Australia: Falcon Oil and Gas reports very encouraging preliminary results from Velkerri 76 S2-1 in the Beetaloo Sub-Basin
Falcon Oil & Gas has announced 'very encouraging' results from the Velkerri 76 S2-1 vertical appraisal well drilled in the Beetaloo Sub-Basin, Northern Territory, Australia. -
15 Oct 21
Australia: Olympic Dam to partner with Iberdrola at Port Augusta Renewable Energy Park
BHP expects to shortly enter into renewable energy supply arrangements to enable Olympic Dam to reduce its emission position to zero for 50 per cent of its electricity consumption by 2025, based on current forecast demand. -
15 Oct 21
UK: Inaugural emissions monitoring report shows laser focus required to achieve key targets
The Oil and Gas Authority (OGA) has published its inaugural Emissions Monitoring Report, which shows the UK upstream oil and gas industry must go much further and faster in its drive to cut emissions. -
14 Oct 21
Venezuela: INPEX withdraws from Carabobo Project 3 in Venezuela
INPEX has announced that Japan Carabobo UK ('JCUK') has submitted a notification of withdrawal from Carabobo Project 3 to the government of Venezuela and the Project partners and has terminated its participation in the Project. JCUK is a subsidiary of Japan Carabobo, which is jointly owned by INPEX, Mitsubishi Corp and JOGMEC. -
14 Oct 21
Poland: Orsted and ZE PAK join forces to participate in the upcoming auction for seabed leases in the Polish part of the Baltic Sea
ZE PAK, Poland’s largest privately owned energy producer who is currently implementing a shift from coal to renewables, and Ørsted, global leader in offshore wind with 30 years of experience, have signed a letter of intent to participate in the upcoming auction for seabed leases in the Polish part of the Baltic Sea. -
14 Oct 21
Australia: Cliff Head JV signs Binding Offtake Agreement with BP
Triangle Energy has announced that the Cliff Head Joint Venture has entered into a Binding Offtake Agreement with BP Singapore in relation to the sale and purchase of its crude oil produced at the Company’s Cliff Head Oil Field. -
14 Oct 21
Angola: Shearwater GeoServices starts 4D survey for TotalEnergies offshore Angola
Shearwater GeoServices has announced the commencement of a 4D monitor survey for TotalEnergies at the Louro-Mostarda Development areas of Block 32, offshore Angola. -
14 Oct 21
Russia: Rosneft sells 5 per cent in Vostok Oil to a consortium of Vitol and MME
Rosneft and a consortium of Vitol and Mercantile & Maritime Energy (MME) have closed a deal to sell a 5% stake in the authorized capital of Vostok Oil. The Vostok Oil Project comprises 52 license areas with 13 oil and gas fields.
