Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Canada, Nova Scotia launch offshore licensing round

Fossil Energy – Licensing Round

Canada and Nova Scotia are advancing a coordinated push to expand offshore oil and gas development, launching a new licensing round and signaling a sustained reopening of the province’s offshore basin to exploration investment.

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PRIO in the clear for 14-well offshore drilling campaign

General – Drilling

The Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) has issued an amendment to the drilling license for the Frade field, authorizing PRIO to drill up to 14 new wells at the field.

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Navitas acquires 65% stake in North Falklands oil license

General – Acquisition

Navitas Petroleum LP has signed a definitive farm-in agreement to acquire a 65% working interest in the PL001 North Falkland’s Basin licence from JHI Associates.

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Ghana’s parliament formally ratified license extensions

Fossil Energy – License Extensions

Kosmos Energy confirms that Ghana’s parliament has formally ratified the license extensions to the West Cape Three Points and Deepwater Tano Petroleum Agreements, which cover the Jubilee and TEN fields.

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Libya awards new oil, gas blocks since 2007

Fossil Energy – Libya

Libya on Wednesday awarded oil and gas exploration blocks to foreign oil companies, including Chevron, Eni, QatarEnergy and Repsol in its first licensing round in nearly two decades as it seeks to revitalise the sector despite ongoing political division.

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Prio gets license for Wahoo oil field’s subsea pipelines

Fossil Energy – Subsea Pipelines

Brazilian oil company Prio has received an installation license from Brazil’s environmental agency Ibama to hook up wells at its Wahoo field to its offshore production platform.

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Norway prepares first major oil, gas licensing round in years

Fossil Energy – Norway

The Norwegian Ministry of Energy said last Friday that it is preparing to launch a new licensing round for oil and gas exploration in the Norwegian continental shelf.

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