Latest News
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08 Mar 21
UK: OGA receives an application for a Carbon Dioxide Appraisal and Storage Licence in the Southern North Sea
On 5 March 2021 the Oil and Gas Authority (OGA) published a notification that it has received an application for a Carbon Dioxide Appraisal and Storage Licence in the Southern North Sea of the United Kingdom Continental Shelf. -
08 Mar 21
UK: Neptune Energy, EDF to pilot novel method to measure offshore methane emissions
Neptune Energy and Environmental Defense Fund (EDF) have announced a scientific collaboration to test a first-of-its-kind approach for measuring oil and gas methane emissions from offshore oil and gas facilities. -
08 Mar 21
CGG announces Q4 and full year 2020 results
CGG has announced its fourth quarter and full year 2020 audited results. The Company finished the year with solid fourth quarter operational performance. In 2021, CGG expects its performance to benefit from the proactive cost reduction actions and gradually strengthen in the second half of the year, delivering positive net cash flow in 2021. -
08 Mar 21
Angola: TDI-Brooks International completes two EBS programs offshore Angola
TDI-Brooks International has recently completed Environmental Baseline Studies (EBS) for both Cabinda Gulf Oil Company for the Republic of Angola and ExxonMobil. TDI- Brooks safely and efficiently deployed the R/V Proteus to Blocks 0 and 14 for CAGBOC and Block 15 for ExxonMobil offshore Angola to complete these programs. -
05 Mar 21
Brazil: PetroRio acquires additional interest in the Wahoo field from Total
PetroRio has announced the signing of an agreement with Total for the acquisition of a 28.6% interest in the BM-C-30 Block ('Wahoo field'). -
05 Mar 21
Australia: Victoria State Government bans fracking forever
The Andrews Labor Government has listened to farmers and regional communities and banned fracking in Victoria for good, enshrining the ban in the state’s Constitution. -
05 Mar 21
Trinidad: Touchstone announces 2020 year-end reserves and operational update
Touchstone Exploration has announced a summary of its 2020 year-end reserves and provided an operational update. -
05 Mar 21
UK: Lightsource bp completes the sale of UK solar projects to renewable energy investment company NextEnergy Solar Fund
Lightsource bp, a global leader in the development and management of solar energy projects, has announced the completion of the sale of 100MWp of UK solar projects to FTSE 250 renewable energy investment company NextEnergy Solar Fund (NESF), for a total consideration of £64.3 million. -
05 Mar 21
Egypt: SDX Energy extends West Gharib PSA for ten years to 2031
AIM-listed SDX Energy, the MENA-focused oil and gas company, has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing Meseda and Rabul oil fields in its West Gharib concession in Egypt until 9 November 2031. -
05 Mar 21
Falklands: Rockhopper extends North Falkland Basin Petroleum Licences
Rockhopper Exploration has announced that, following discussions between the joint venture partners, Harbour Energy and the Falkland Islands Government ('FIG'), FIG has agreed to extend each of the Company's North Falkland Basin Petroleum Licences, including the Sea Lion Discovery Area, until 1 November 2022, with no additional licence commitments. -
05 Mar 21
UAE: ADNOC and Korea’s GS Energy explore opportunities to grow Abu Dhabi’s hydrogen economy
Abu Dhabi National Oil Company (ADNOC) on Thursday hosted the United Arab Emirates’ (UAE) virtual business trip to the Republic of Korea, in which ADNOC and GS Energy agreed to explore opportunities to grow Abu Dhabi’s hydrogen economy and carrier fuel export position. -
04 Mar 21
UK: Oil and gas industry welcomes Chancellors’ Budget measures to support green energy transition
The UK oil and gas industry has welcomed some of the measures announced by the Chancellor in Wednesday’s Budget, adding that now close cooperation with the sector is essential to maximise its world-leading expertise and assure a successful green energy transition.
