Fossil Energy – Production
CNOOC has started production from its Suizhong 36-2 oilfield development in the Liaodong Bay region of Bohai Sea offshore eastern China.
[Read more…] about CNOOC delivers first oil from Suizhong 36-2 projectNew oil and gas discovery near Troll field
Fossil Energy – Oil and Gas Discovery
Equinor has made a discovery 17 kilometres west of the Troll field in the North Sea. The discovery is currently estimated at between 2 and 12 million barrels of oil equivalent.
[Read more…] about New oil and gas discovery near Troll fieldShell and Equinor to create UK’s largest independent oil and gas company
General – New Independent Producer
Equinor and Shell are to combine their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer.
[Read more…] about Shell and Equinor to create UK’s largest independent oil and gas companyAfrica Energy announces Block 11B/12B operations update
Fossil Energy – Africa Energy
Africa Energy, through its investment Main Street, has formally become the operator of Block 11B/12B offshore South Africa.
[Read more…] about Africa Energy announces Block 11B/12B operations updateExxonMobil withdraws from Block 52 Suriname
Fossil Energy – Suriname
ExxonMobil Exploration & Production Suriname has formally notified Staatsolie that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.
[Read more…] about ExxonMobil withdraws from Block 52 SurinameOil and gas discovery in the North Sea
Fossil Energy – Discovery
Equinor has struck oil and gas near the Fram field in the North Sea.
[Read more…] about Oil and gas discovery in the North SeaFinal agreements for Niosi and Guduma Marin blocks offshore Gabon
Fossil Energy – Gabon
BW Energy recently announced its signing of production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin with Gabon’s Petroleum Minister and Minister of Economy.
[Read more…] about Final agreements for Niosi and Guduma Marin blocks offshore GabonUK likely to unlock £10 billion worth of North Sea oil & gas
Fossil Energy – Policy
Given the rising focus on energy security, Wood Mackenzie, an energy intelligence group, has pointed out that the United Kingdom (UK) could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.
[Read more…] about UK likely to unlock £10 billion worth of North Sea oil & gasCNOOC starts up Xijiang oil project offshore China
Fossil Energy – Xijiang On Stream
CNOOC has brought onstream its Xijiang 30-1 development project in the Xijiang 30-2 oil field in the eastern South China Sea ahead of schedule.
[Read more…] about CNOOC starts up Xijiang oil project offshore ChinaHibiscus closes acquisition Brunei asset from TotalEnergies
Fossil Energy – Brunei
Hibiscus Petroleum Berhad subsidiary Simpor Hibiscus Sdn Bhd has completed the acquisition of equity interest in TotalEnergies EP (Brunei).
[Read more…] about Hibiscus closes acquisition Brunei asset from TotalEnergies