Eni Indonesia, has been awarded today two new Production Sharing Contracts (PSCs) in Indonesia. In the West Papua Province (East Indonesia), Eni has been awarded 100% interest in the Arguni I PSC (5,386 sq. km), located onshore and offshore in the Bintuni Basin. The block is 10 km east of the Tanggu
Tap Oil Limited an independent oil & gas exploration and production company with interests in Australia and South East Asia, today provided the final report on the Hannah-1 commitment well, offshore Carnarvon Basin, Western Australia. The Hannah-1 well is located in permit TP/8, approximately 18km e
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has today posted a new investor presentation on its website and provides an update on its operations. The Company said it was awaiting the departure of the Leiv Eiriksson r
INPEX’s subsidiary INPEX Banda, INPEX and Japan Oil, Gas and Metals National Corporation (JOGMEC) has been granted the approval of the Indonesian Government to acquire the 100% participating interest in the Babar Selaru Block (the “Block”) on the Indonesian First Bidding Round 2011. INPEX will, as t
Providence Resources P.l.c., has started with drilling operations at Barryroe, located in Standard Exploration Licence 1/11 in the North Celtic Sea Basin, offshore southern Ireland. Providence owns a 50% interest in the Licence and operates on behalf of its partners San Leon Energy Plc (30%) and Lan
Statoil ASA has decided to farm down three and exit five assets on the Norwegian Continental Shelf (NCS) for the consideration of USD 1.625 billion. The buyer is Centrica, a UK based energy company and established NCS player. “The transaction strengthens our capacity to further focus on value creati
E.ON Ruhrgas Norge AS, an upstream company established in Stavanger, Norway in 2003, has been granted a drilling permit for well 6507/6-4-A, cf. Section 8 of the Resource Management Regulations. Well 6507/6-4-A will be drilled from the Borgland Dolphin drilling rig at position 65°38’55.6” north and
Chevron Corporation yesterday reported that the operations have been in progress in partnership with Brazilian government agencies to contain, reduce and eliminate the remaining oil sheen in the vicinity of its Frade field. The sheen, estimated at approximately 18 barrels or less in volume, is locat
BP revealed on Friday the agreement to sell its interests in the Pompano and Mica fields in the deepwater Gulf of Mexico to Stone Energy Offshore, LLC, a subsidiary of Stone Energy Corp. for $204 million in cash. The agreement includes the sale of BP’s 75 per cent operated working interest (WI) in t
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/5-2, cf. Section 8 of the Resource Management Regulations. Well 16/5-2 will be drilled from the Bredford Dolphin drilling facility at position 58°44’43.55’’N 02°37’58.20’’E after completing the drill
Signal International has been awarded a contract for the repairs to the Hercules 185, which was damaged while working in Angola, West Africa, the company says on its website. Signal sent a team to Port Gentil in Gabon, West Africa to help Hercules Offshore with preparation of the rig to be dry towed
A working meeting was held yesterd between Alexey Miller, Chairman of the Company’s Management Committee and Do Van Hau, President and CEO of Petrovietnam State Oil and Gas Corporation. The participants tackled the main aspects of the Russian-Vietnamese cooperation within the oil and gas segment and
Sterling Resources Ltd. confirmed that the company received formal approval from the Romanian National Agency for Mineral Resources (NAMR) for the assignment of equity to partners and confirming the term of the offshore license. The execution of this documentation follows the announcement made by th
Energy Partners, Ltd. today announced the closing of the transaction to acquire oil and natural gas assets in the shallow-water central Gulf of Mexico (GOM) from a subsidiary of Stone Energy Corporation (Stone) for $38.4 million. The Main Pass (MP) Acquisition EPL has closed on its previously announ
