Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

OMV confirms gas find in one of largest prospects in Norway

Fossil Energy – Gas Find

The Norwegian arm of Austrian vitality and petrochemicals firm OMV has confirmed that the Oswig exploration properly within the Norwegian North Sea has made a gas-condensate discovery.

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Gorgon-2 well confirms extension of gas province in Colombian Caribbean

Fossil Energy – Colombia

Ecopetrol announces that the Gorgon-2 well proved the presence of gas in ultra-deep waters in the southern Colombian Caribbean, confirming the importance of this province for gas exploration in this area of the country.

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Drilling of high-impact exploration well in Australia’s North West Shelf

Fossil Energy – Australia

AGR’s Well Management Division has spudded the Sasanof-1 exploration well in Australia’s Carnarvon Basin, on behalf of Western Gas.

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Petronas signs PSCs, attracting RM600 mln exploration activities

Fossil Energy – Malaysia

Petronas has signed on Tuesday the Production sharing contracts (PSCs) for five offshore exploration blocks, enabling the state-owned oil and gas firm to attract a capital commitment of about RM600 million in exploration activities in Malaysia.

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Record-high revenues from the Norwegian shelf

Fossil Energy – Norway

The combination of high production of oil and gas from a total of 94 fields, significant demand and high commodity prices led to a historically high level on the State’s revenues from petroleum.

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