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Indonesia awards Akia PSC offshore North Kalimantan

Thursday, September 28 2023

Fossil Energy – Production Sharing

Armada Akia and Pexco Tarakan have signed the Akia production sharing contract in the offshore Tarakan Basin, North Kalimantan province, with Indonesia’s Ministry of Energy and Mineral Resources.

[Read more…] about Indonesia awards Akia PSC offshore North Kalimantan

Filed Under: Indonesia, International projects, Oil and Gas, production sharing Tagged With: Indonesia, Production Sharing, seismic survey

 TotalEnergies sells a 40% interest in Block 20 to Petronas

Thursday, September 28 2023

Fossil Energy – Angola

TotalEnergies EP Angola Block 20 has finalized the sale to Petronas of a 40% interest in Block 20 in the Kwanza Basin in Angola.

[Read more…] about  TotalEnergies sells a 40% interest in Block 20 to Petronas

Filed Under: Angola, International projects, Oil and Gas, Petronas, TotalEnergies Tagged With: angola, TotalEnergies

Turkey, Israel to take steps in energy drilling soon

Saturday, September 23 2023

Fossil Energy – Turkey and Israel

Turkey and Israel will soon begin taking joint steps in energy drilling, President Tayyip Erdogan was cited by Turkish media as saying on Thursday, adding the two countries would also operate energy networks to Europe through Turkey.

[Read more…] about Turkey, Israel to take steps in energy drilling soon

Filed Under: International projects, Israel, Oil and Gas, Turkey Tagged With: Israel, turkey

Production start for Statfjord Øst project

Friday, August 25 2023

Fossil Energy – Statfjord Ost

With this project, Equinor and its partners expect to increase production by 26 million barrels of oil equivalents from Statfjord Øst.

[Read more…] about Production start for Statfjord Øst project

Filed Under: Equinor, International News, Oil and Gas, Production, Statfjord

Equinor receives consent for COSL drilling’s rig deployment

Tuesday, August 8 2023

Fossil Energy – Production Drilling Norway

Equinor has been granted approval by the Petroleum Safety Authority Norway (PSA) to utilize a semi-submersible rig owned by COSL Drilling for production drilling in the North Sea off Norway.

[Read more…] about Equinor receives consent for COSL drilling’s rig deployment

Filed Under: COSL, Drilling, drilling permit, Equinor, International News, Norway, Oil and Gas, Production

Eni acquires Chevron’s assets in Indonesia

Tuesday, July 25 2023

Fossil Energy – Indonesia Acquisition

Eni announces the acquisition of Chevron interests, including Operatorship, in the Indonesian Blocks named Ganal PSC (Chevron 62%), Rapak PSC (Chevron 62%) and Makassar Straits PSC (Chevron 72%), in the Kutei Basin, offshore East Kalimantan.

[Read more…] about Eni acquires Chevron’s assets in Indonesia

Filed Under: Acquisition, Chevron, ENI, Indonesia, International News, Oil and Gas Tagged With: acquisition, chevron, Eni, Indonesia

Afentra signs deal to boost stake in Angolan exploration blocks

Monday, July 24 2023

Fossil Energy – Transactions

Afentra (Angola) has signed a sale and purchase agreement (SPA) with Azule Energy Angola Production (Azule) to buy additional stake in two oil blocks offshore Angola.

[Read more…] about Afentra signs deal to boost stake in Angolan exploration blocks

Filed Under: Angola, Exploration, International projects, Oil and Gas Tagged With: Afentra, angola, Azule, exploration, Sonangol, SPA

Norwegian gas important for Europe’s energy security

Friday, July 21 2023

Fossil Energy – Norway

Norway can continue to be a stabile supplier of oil and gas and contribute to Europe’s energy security for many years to come.

[Read more…] about Norwegian gas important for Europe’s energy security

Filed Under: International News, Norway, Oil and Gas Tagged With: norway

Iran to dominate oil and gas transmission pipeline additions

Wednesday, July 19 2023

Fossil Energy – Global Data Survey

Iran is expected to dominate the Middle East’s oil and gas trunk/transmission pipeline length additions from upcoming projects between 2023 and 2027.

[Read more…] about Iran to dominate oil and gas transmission pipeline additions

Filed Under: International News, Iran, Oil and Gas Tagged With: GlobalData, Oil and Gas Transmission, report

Norway logs largest hydrocarbon discovery in 10 years

Tuesday, July 11 2023

Fossil Energy – Gas Discovery Norway

Wellesley Petroleum has made a significant gas and condensate discovery on the Carmen prospect in the Norwegian North Sea.

[Read more…] about Norway logs largest hydrocarbon discovery in 10 years

Filed Under: Carmen, Discovery, International projects, Norway, Oil and Gas Tagged With: Carmen, Gas discovery, norway

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