27 Apr 17Argentina: Total sanctions the development of Vaca Muerta shale resources and increases its participation
Total has sanctioned the development of the first phase of the operated Aguada Pichana Este license in the giant Vaca Muerta shale play in Argentina. Total will also increase its interest in the license from 27.27% to 41%.
27 Apr 17Vietnam: Yinson awarded FPSO contract for Talisman's Ca Rong Do field development offshore Vietnam
Malaysia’s offshore services provider Yinson has been awarded a contract from Talisman Vietnam for the supply, operation and maintenance of a Floating Production Storage and Offloading ('FPSO') facility for the Ca Rong Do field development – Block 07/03 Offshore Vietnam.
27 Apr 17Norway: Aker BP awards framework contract to Schlumberger
Aker BP has entered into a framework contract with Schlumberger for acquisition of 4D seismic data. The contract includes WesternGeco marine acquisition of 4D seismic data over the Aker BP-operated fields Alvheim, Bøyla, Skarv/Snadd and Ula in 2017.
27 Apr 17Ireland: Europa Oil & Gas identifies four significant new prospects on FEL 2/13, offshore Ireland
AIM-listed Europa Oil & Gas has provided a technical update on its Frontier Exploration Licence 2/13 (‘FEL 2/13’) located on the west flank of the South Porcupine Basin, offshore Atlantic Ireland, where a number of new prospects and leads have been identified.
26 Apr 17Norway: AGR to deliver reservoir management to the Norwegian Petroleum Directorate
AGR has been awarded a new framework agreement with the Norwegian Petroleum Directorate (NPD). The agreement will see AGR deliver reservoir management studies in subsurface technology, reservoir geology and reservoir engineering over a two year period, with options for extension.
26 Apr 17US: BHP Billiton puts U.S. shale gas assets on the block again
BHP Billiton has put its Fayetteville shale gas assets in the United States back on the block, the world's largest miner said on Wednesday, as it seeks to focus on more lucrative opportunities in oil.
26 Apr 17Shell completes sale of Vivo Energy stake to Vitol Africa
Shell has completed the sale of its 20% interest in Vivo Energy Holding to Vitol Africa for a total amount of US$250 million. The transaction is consistent with Shell’s strategic commitment to focus downstream activity in areas where it can be most competitive.
26 Apr 17Senegal: FAR to drill first pure exploration well offshore Senegal since the SNE discovery
FAR Limited and the Senegal Joint Venture are drilling the FAN South-1 exploration well into the Southern FAN prospect in the first pure exploration well to be drilled offshore Senegal since the discovery wells of FAN-1 and SNE-1 in 2014.