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Challenger Energy formally secures Area Off-3 licence offshore Uruguay
The company was awarded the licence in June last year, under the Open Uruguay Round process, after receiving final regulatory approvals, and will operate the AREA OFF-3 block for four years
Petronas signs PSCs for two DRO clusters offshore Peninsular Malaysia
The Malaysian oil and gas company awarded the BIGST Cluster to PETRONAS Carigali and JX Nippon Oil & Gas Exploration (BIGST), and the Tembakau Cluster was awarded to IPC Malaysia and...
MCF Energy to buy production and exploration licences in Czech Republic
The acquisition includes three production licences and three exploration licences, which hold valuable reserves, provide scope for immediate production, and have further...
ExxonMobil weighing offers for Argentine shale assets
The American energy company’s assets in Argentina include stakes in seven oil and gas blocks in Vaca Muerta, which is said to be the second-largest shale gas reserve in the world...
Acacia’s Benchmark Energy to acquire upstream assets in Texas, Oklahoma
Benchmark’s acquisition will add more than 140,000 net acres, comprising around 470 producing wells in the Western Anadarko Basin across Texas and Oklahoma, along with...
OGDCL makes gas-condensate discovery in Pakistan’s Sindh province
The Kharo-1 exploration well, which was drilled in the Khewari exploration license area in Khairpur district, has confirmed a gas flow rate of 14.3MMSCFD and a condensate flow rate...
Gabon Oil to acquire Carlyle’s Assala Energy for $1.3bn
After a military coup in Gabon, the national oil company sought to exercise its pre-emptive right on the acquisition of Assala Energy, which supersedes Carlyle’s previous agreement...
Wintershall Dea installs unmanned platform for Fenix gas project offshore Argentina
Located nearly 60km off the Tierra del Fuego coast, the Fénix platform has been designed to be operated remotely from shore, thereby removing the necessity for a permanent crew
Woodside announces arrival of Léopold Sédar Senghor FPSO in Senegal
The arrival of the Léopold Sédar Senghor FPSO in Senegal, which departed Singapore in December last year, represents a significant step toward achieving the first production from...
ADX Energy prepares to spud Welchau-1 well in Upper Austria
The Australian oil and gas company has completed the necessary construction at the Welchau-1 drill site and will start drilling at the Welchau-1 well, using the RED E202 drilling...
TotalEnergies, Vantage Drilling form JV for Tungsten Explorer drillship
Tungsten Explorer is an offshore drillship built in 2013, with 42MW power capacity and 33MW thrust capacity and is designed to operate in a wide range of meteorological conditions
CNOOC starts production at Suizhong 36-1/Luda 5-2 oilfield project
The Suizhong 36-1/Luda 5-2 oilfield, located in Liaodong Bay of the Bohai Sea, is expected to achieve peak production of around 30,300 barrels of crude oil per day in 2025
TGS, SLB begin Phase 5 multi-client acquisition in US Gulf of Mexico
Scheduled to begin in the first quarter of this year, the Engagement 5 OBN includes the initiation of the seventh program within the seismic joint venture, and the acquisition...
Permian Resources expands New Mexico portfolio with $175m acreage acquisition
The acreage located in Eddy County was purchased by the Delaware Basin operator through two separate transactions with undisclosed third parties
GATE Energy wins commissioning contract for Shenandoah FPS project
The scope of works under the contract includes final pre-commissioning and commissioning planning and execution works for the US portion of the Beacon Shenandoah FPS project,...
Jadestone, PV Gas agree to commercialise NDUM gas fields offshore Vietnam
The HoA specifies a daily contract of 80mmscfd under a take-or-pay arrangement over a targeted minimum plateau period of 55 months and demands an initial wellhead gas price that...
INPEX and partners awarded exploration Block SK510 offshore Malaysia
Block SK510 is a shallow-water offshore hydrocarbon exploration block located off the coast of Sarawak, Malaysia, and is the third exploration block awarded to INPEX in...
Equinor makes oil discovery near Munin field in Norwegian North Sea
The well 30/12-3 S has confirmed the presence of recoverable oil equivalent ranging between 0.15 and 0.55Sm3
BW Offshore to divest stake in BW Energy for $176m
Listed on the Oslo Stock Exchange, BW Energy has upstream assets in Gabon, Brazil, and Namibia