Latest News
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17 Jun 21
Nigeria: Decklar Resources announces update on Oza-1 well re-entry
Decklar Resources has announced an update to operations at the Oza-1 well re-entry at the Oza Oil Field in Nigeria, being performed by the Company’s wholly-owned Nigeria-based subsidiary, Decklar Petroleum. -
17 Jun 21
Egypt: Eni signs for the merging of Meleiha and Meleiha Deep concessions into a new concession called Merged Meleiha in Western Desert Egypt
Eni has signed an agreement with the Arab Republic of Egypt, the Egyptian General Petroleum Corporation (EGPC) and Lukoil for the merger of the concessions of Meleiha and Meleiha Deep, in Egypt's Western Desert, and their extension to 2036, with the possibility of reaching further to 2041. -
17 Jun 21
Japan: Siemens Gamesa to supply typhoon-proof turbines to Japan’s largest onshore cluster of four wind farms
Siemens Gamesa will supply 79 of its industry-leading Typhoon-class onshore wind turbines for Japan’s largest wind farm cluster, strengthening its position as one of the leading renewable energy players in the country. -
17 Jun 21
US: Northern Oil and Gas announces core Permian Basin bolt-on acquisitions
Northern Oil and Gas has entered into three definitive agreements to acquire non-operated interests across approx. 2,900 net acres located in the heart of Reeves County, Texas and Lea and Eddy Counties, New Mexico for a combined purchase price of $102.2 million. -
17 Jun 21
UK: PGS announces FSB Vision for West of Shetland
PGS’ latest FSB Vision rejuvenation project targets a prolific petroleum exploration and production area West of Shetland. Data will be ready summer 2022. -
17 Jun 21
Australia: Searcher releases new on-demand products on sAIsmic for 2021 Australian Gazettal Round
Searcher, a leading service provider of global multi-client geoscience products for exploration & production companies, announced it has released angle stacks and velocities on its sAIsmic on-demand data platform in support of the 2021 Australian Gazettal Round. -
17 Jun 21
i3 Energy announces operational update and production acquisition
i3 Energy, an independent oil and gas company with assets and operations in the UK and Canada, has announced an operational update and production acquisition. The Company has also made an announcement regarding the 2020 year-end reserves for its subsidiary i3 Energy Canada. -
17 Jun 21
Norway: Equinor extends life of Heimdal gas centre to 2023
New wells at Valemon will extend profitable operations at Heimdal, which is processing gas from Valemon. The Heimdal partners have now decided to extend operations at Heimdal to 2023. -
17 Jun 21
Guyana: Eco (Atlantic) provides Guyana operational update
Eco (Atlantic) Oil & Gas has provided an update on its operations in Guyana. The Tullow-operated JV is planning for exploration drilling in 2022, with drilling target selection in Q3 of 2021. -
17 Jun 21
UK: Hurricane Energy announces Lancaster Field Development Plan Addendum approval
Hurricane Energy has announced the approval of the Lancaster Field Development Plan Addendum (FDPA) by the UK's Oil and Gas Authority. The approval of the Lancaster FDPA satisfies a key condition of the Company's proposed financial restructuring, as originally announced on 30 April 2021. -
17 Jun 21
Gabon: VAALCO secures rig for 2021/2022 drilling campaign
VAALCO Energy has announced that, in conjunction with its 2021/2022 drilling program planned to begin later this year, it has executed a contract with an affiliate of Borr Drilling, to drill two development wells and two appraisal wells with options to drill additional wells offshore Gabon. -
17 Jun 21
Norway: Eni through Var Energi announces a new oil discovery in licence PL 554 in the northern part of the North Sea
Eni through Vår Energi, jointly owned by Eni (69.85%) and by HitecVision (30.15%) has announced a new oil discovery in production licence 554 in the North Sea by drilling the exploration well 34/6-5 S in the Garantiana West prospect. -
17 Jun 21
Norway: Lime Petroleum acquires 33.84 per cent of producing Brage field in Norway from Repsol
Rex International subsidiary Lime Petroleum has entered into a conditional sale and purchase agreement with Repsol Norge to acquire Repsol’s 33.8434 per cent interests in the producing Brage field, and the five licences on the Norwegian Continental Shelf over which the Brage field straddles, for a post-tax consideration of US$42.6 million. -
16 Jun 21
Brazil: Petrobras concludes the sale of onshore field in Sergipe
Petrobrast has today finalized the sale of its 50% interest in the Dó-Ré-Mi onshore field, located in the Sergipe-Alagoas Basin, in the state of Sergipe, to the company Centro-Oeste Óleo e Gás Ltda. -
16 Jun 21
Brazil: Vestas wins 348 MW order in Brazil
Vestas has received an order for a project in Brazil that includes supply of 81 V150-4.2 MW turbines delivered in 4.3 MW Power Optimised Mode as well as a 5-year Active Output Management 5000 (AOM 5000) service agreement.
