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Petronas inks farm-out agreement for Samarang PSC

Tuesday, April 11 2023

Fossil Energy – Farm Out Agreement

Petronas Carigali (PCSB) has entered into a Farm Out Agreement (FOA) with SMJ Sdn (SMJSB) for the sale of PCSB’s 50 per cent of non-operating participating interest in the Samarang Production Sharing Contract (PSC).

[Read more…] about Petronas inks farm-out agreement for Samarang PSC

Filed Under: Farm-out, International projects, Oil and Gas, Petronas Tagged With: farm-out, petronas, Samarang, SMJ

Indonesia offers first tranche of 2023 acreage

Tuesday, April 11 2023

Fossil Energy – Indonesia

Indonesia has launched the first of its 2023 licensing rounds, offering three blocks — one of which has giant oil and gas potential – to prospective investors.

[Read more…] about Indonesia offers first tranche of 2023 acreage

Filed Under: Indonesia, International News, Investment, Oil and Gas Tagged With: Indonesia, Investors, licensing round

Jersey Oil & Gas in advanced talks over Greater Buchan farm-out

Saturday, April 1 2023

Fossil Energy – Farm-Out

Jersey Oil and Gas PLC has announced it is in advanced exclusive negotiations with a significant UK North Sea operator to conclude a farm-out deal for Greater Buchan Area.

[Read more…] about Jersey Oil & Gas in advanced talks over Greater Buchan farm-out

Filed Under: Farm-out, International projects, Jersey Oil & Gas, Oil and Gas Tagged With: farm-out, Jersey Oil & Gas, north sea

Shell all-set to use well intervention vessel at two North Sea fields

Thursday, March 30 2023

Fossil Energy – Norway

Norske Shell, a subsidiary of the UK-headquartered energy giant Shell, has received consent from the Norwegian offshore safety regulator to use one of Island Offshore’s mobile offshore units (MOU) for work on two fields offshore Norway.

[Read more…] about Shell all-set to use well intervention vessel at two North Sea fields

Filed Under: International News, Norway, Oil and Gas, Shell Tagged With: Gaupe, Island Offshore, Knarr, MOU, Shell

Sea Lion partners progress development plan

Tuesday, March 28 2023

Fossil Energy – Falkland Islands

Navitas Petroleum and partner Rockhopper Exploration are progressing their plans to develop the Sea Lion field in the Falkland Islands.

[Read more…] about Sea Lion partners progress development plan

Filed Under: Development, Falkland Islands, International News, Oil and Gas, Sea Lion Tagged With: Development plans, Falkland Islands, Navitas Petroleum, Sea Lion

Frosk field on stream

Tuesday, March 14 2023

Fossil Energy – Frosk On Stream

Aker BP today announced that the Frosk field development in the Alvheim area has been successfully completed and production has started on schedule and within budget, only 18 months after the Plan for Development and Operation (PDO) was submitted.

[Read more…] about Frosk field on stream

Filed Under: Aker BP, Alvheim, Frosk, International News, Norway, Oil and Gas, Production Tagged With: Aker BP, Alvheim FPSO, Frosk, production

Second discovery of the year near Troll field in North Sea

Tuesday, March 14 2023

Fossil Energy – Troll Field

Equinor has again struck oil and gas near the Troll field in the North Sea.

[Read more…] about Second discovery of the year near Troll field in North Sea

Filed Under: Discovery, Equinor, International News, Oil and Gas, Troll Tagged With: discovery, Equinor, Troll field

CNOOC confirms third oilfield discovery in Southern Bohai Sea

Friday, March 3 2023

Fossil Energy – China

Chinese oil company CNOOC confirmed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery ‘brings another hundred million tons of reserves’.

[Read more…] about CNOOC confirms third oilfield discovery in Southern Bohai Sea

Filed Under: China, CNOOC, Discovery, International projects, Oil and Gas Tagged With: CNOOC, discovery, Southern Bohai Sea

Quest to confirm largest-ever oil discovery in Sub-Saharan Africa

Monday, February 27 2023

Fossil Energy – Drilling

TotalEnergies is within days of starting a critical appraisal drilling campaign offshore Namibia to establish if its play-opening Venus-1 discovery holds the billions of barrels of oil and gas that many observers expect, while at the same time exploring for more hydrocarbons in this ultra-deepwater zone.

[Read more…] about Quest to confirm largest-ever oil discovery in Sub-Saharan Africa

Filed Under: Drilling, drilling rig, International projects, Namibia, Oil and Gas, TotalEnergies Tagged With: drilling, Namibia, Oil Discovery, TotalEnergies

Vår Energi discovers oil in Barents Sea

Friday, February 10 2023

Fossil Energy – Discovery

Norwegian oil and gas company Vår Energi has discovered oil at a well in the Barents Sea, north-west of Hammerfest, Norway.

[Read more…] about Vår Energi discovers oil in Barents Sea

Filed Under: Barents Sea, Discovery, International News, Norway, Oil and Gas, Vår Energi Tagged With: barents sea, discovery, norway, Var Energi

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