Latest News
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06 Jul 20
Mozambique: Sasol relinquishes Blocks 16 and 19 licence - update
Following an evaluation of the exploration potential of the blocks and an assessment of the report of the pre-feasibility phase of the Environmental Impact Assessment (EIA), Sasol has decided to relinquish its exploration licence in Blocks 16 & 19 offshore Mozambique. -
06 Jul 20
Norway: PGS starts acquisition on 2020 Hammerfest Basin Extension Survey
Acquisition has begun on PGS’s latest ultra-high-density seismic survey in the Barents Sea. The survey extends Hammerfest Basin coverage further west and north into the southern Loppa High. The first data will be available Q4 2020. -
06 Jul 20
Norway: Equinor awards framework contract for engineering and installation services on Statfjord
Equinor has, on behalf of the licence partners, awarded Apply a framework agreement for engineering and installation services on the North Sea Statfjord field. The agreement covers overhaul, replacement and modification deliveries on the three Statfjord platforms. The period of agreement is seven years, plus a three-year option. -
06 Jul 20
Viaro Energy makes recommended cash offer for RockRose Energy
Viaro Energy and RockRose Energy have agree the terms of a recommended all cash offer whereby Viaro Energy will acquire the entire issued and to be issued ordinary share capital of RockRose. -
06 Jul 20
GoM: Byron Energy completes installation of SM58 'G' Platform
Byron Energy has announced that the Triton Hedron derrick barge has de-mobilised off location after successfully installing the jacket over the SM58 G1 well drilled in October 2019. First production from the SM58 G1 well is expected by 1 September. -
06 Jul 20
Canada: i3 Energy announces update on Gain Energy production acquisition
i3 Energy has entered into a binding purchase and sale agreement for all the petroleum and infrastructure assets of Gain Energy, a private Canadian company with operations in the Western Canadian Sedimentary Basin. Completion of the Transaction remains subject to financing and shareholder approval. -
06 Jul 20
Morocco: Sound Energy concludes re-negotiation of the terms of its Anoual Exploration Permits in Eastern Morocco
Sound Energy has successfully concluded a re-negotiation of the terms of its Anoual Exploration Permits which aligns the work programme commitments on the Permit and the Company's continued pursuit to unlock the exploration potential of the Eastern Morocco basin with the expected phasing of the Company's recently announced Tendrara Production Concession Phase 1 development plan. -
06 Jul 20
Norway: Spirit Energy drills dry well near the Johan Castberg field in the Barents Sea - 7321/8-2 S
Spirit Energy Norway, operator of production licence PL 719, has concluded the drilling of wildcat well 7321/8-2 S. The well, which was drilled about 110 kms north of the Johan Castberg field, failed to encounter hydrocarbons and has been permanently plugged and abandoned.
