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Field Developments
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Vista Oil & Gas to Acquire Argentine Oil & Gas Assets Feb 20, 2018Vista Oil & Gas, S.A.B. de C.V. has announced that it has agreed to acquire a fully operational oil and gas platform from Pampa Energía S.A. and Pluspetrol Resources Corporation with interests in...
BP Begins Production from Egypt’s Atoll Gas Field Feb 13, 2018BP has announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below the initial cost estimate.
Faroe Petroleum to Sell 17.5% Interest in Fenja to Suncor Energy Norge AS Feb 13, 2018Faroe Petroleum plc has announced that it has executed a transaction with Suncor Energy Norge AS for the sale of a 17.5% working interest in the Fenja development...
DEA Boosts Oil and Gas Production in Egypt Feb 13, 2018DEA Deutsche Erdoel AG has announced a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the Onshore Nile Delta.
Further Increasing Johan Sverdrup Value Feb 7, 2018Statoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Qatar Petroleum Joins Total as a Partner in the Exploration Block 11B/12B in South Africa Feb 6, 2018Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum.
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Spot News |
Further Increasing Johan Sverdrup ValueStatoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFaroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPBP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
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Field Developments
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Total Enters Exploration in the Prolific Guyana Basin with Three Exploration LicencesFeb 6, 2018Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block.
Shell Agrees to Sell Stake in Thailand’s Bongkot Field to PTTEPFeb 1, 2018Shell Integrated Gas Thailand Pte Ltd and Thai Energy Company Ltd, affiliates of Royal Dutch Shell Plc, have agreed to an asset sale of their 22.2222% interest in the Bongkot field and adjoining acreage offshore Thailand...
North Sea Exploration Success for BPFeb 1, 2018BP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
Shell Wins Nine Key Blocks in Mexico Deep-Water Bid RoundFeb 1, 2018In the latest deep-water bid round for the Mexican Gulf of Mexico, Shell Exploración y Extracción de México, S.A. de C.V., won four exploration blocks on its own, one with its partner Pemex Exploración y Producción...
Shell Announces Large Deep-Water Discovery In Gulf of MexicoFeb 1, 2018Shell Offshore Inc. has announced one of its largest US Gulf of Mexico exploration finds in the past decade from the Whale deep-water well.
Chevron Announces Major Oil Discovery in Deepwater Gulf of MexicoJan 31, 2018Chevron Corporation has announced a significant oil discovery at the Ballymore prospect in the deepwater US Gulf of Mexico. Ballymore is located in the Mississippi Canyonarea of the US Gulf of Mexico, approximately...
Energean Israel Contracts Stena Drilling for Karish Field Development DrillingJan 30, 2018Energean Oil & Gas has announced that Energean Israel has signed a contract with Stena Drilling for the development drilling of the Karish Field, offshore Israel.
Total Reinforces Its Position In Deepwater Gulf of Mexico by Entering the Anchor DiscoveryJan 25, 2018Total has signed an agreement with Samson in order to acquire Samson Offshore Anchor, LLC, which holds a 12.5% interest in four blocks covering the Anchor discovery, one of the most significant recent discoveries in the Gulf of Mexico...
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Gas Discovery at ONZ-7 Well, MoroccoJan 24, 2018SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its ONZ-7 development well on the Sebou permit in Morocco.
US Expansion for Ziyen Inc. with Acquisition of Second and Third Oil LeasesJan 19, 2018Scottish-American software and energy company Ziyen Inc., which has operations in Aberdeen and Inverness, has announced it has secured a further two major oil contracts in the Illinois Basin, USA.
ExxonMobil Encounters Hydrocarbons Onshore Papua New GuineaJan 16, 2018ExxonMobil has announced that it encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea.
Shell Announces Redevelopment of Penguins Field in UK North SeaJan 16, 2018Royal Dutch Shell plc has announced a final investment decision on the redevelopment of the Penguins oil and gas field in the UK North Sea.
Transfer of Rights in The Lapa and Iara Concessions CompleteJan 15, 2018Petrobras and Total have announced that they have finalised a decisive milestone in the realisation of their Strategic Alliance, signed in March 2017...
SDX ENERGY INC. Spuds ONZ-7 Well, MoroccoJan 15, 2018SDX Energy Inc., the North Africa focused oil and gas company, has spud its ONZ-7 development well on the Sebou permit in Morocco.
Exploration Well Completed on the Hurri Prospect in the Southern Barents SeaJan 10, 2018Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the drilling of the Hurri exploration well 7219/12-3S located in PL533 in the southern Barents Sea. The well was dry.
ExxonMobil Announces Sixth Oil Discovery Offshore GuyanaJan 8, 2018Exxon Mobil Corporation has announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015.
First Oil Certificate for BW Catcher FPSOJan 8, 2018BW Offshore has announced that the BW Catcher FPSO on 6th January 2018 received the First Oil Certificate following the successful completion of the 72-hour interim performance test...
December Spree Boosts Norway to the Country with the Most Offshore Project Commitments in 2017Jan 8, 2018After a sanctioning drought in the offshore industry in 2015 and 2016, Norway is leading the comeback. Rystad Energy reports that recent projects submitted to the Norwegian Petroleum Directorate (NPD) show...
Investing in 25 More Years on the Snorre FieldDec 22, 2017On behalf of the Snorre Unit partners, Statoil has submitted the plan for development and operation (PDO) of the Snorre Expansion Project to the authorities.
New Development Plan for YmeDec 21, 2017Norway’s Minister for Petroleum and Energy, Terje Søviknes, has received a new Plan for Development and Operation (PDO) for the Yme field, with a new name – Yme New Development.
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