![Indonesia: Total Acquires Interest in the Sebuku License Offshore Kalimantan]()
Total announces the signature of an agreement with Pearl Oil (Sebuku) Ltd (“Pearl”), a subsidiary of Mubadala Development Company PJSC, to acquire a 15% interest in the Sebuku license, in which the Ruby gas discovery was made. Under the terms of the agreement, Pearl Oil, as operator, will retain a 70% interest, Inpex holding further [...]
![Norway: Statoil Gets License to Use Asgard B Facility]()
Statoil has been granted consent to use the new pipeline L-103 from subsea template L to Åsgard B. The consent also entails changes to the process equipment on Åsgard B as a result of the new pipeline. There will be no changes to the process equipment on Åsgard A. Åsgard consists of the deposits Midgard, [...]
![Norway: RWEA-DEA Norge Allowed to Conduct Exploration Drilling in PL 420 License]()
RWEA-DEA Norge AS has received consent to conduct exploration drilling with Bredford Dolphin of well 35/9-6 S in production license PL 420 The purpose of the exploration well is to verify and evaluate the hydrocarbon potential of a formation in production license PL 420 The well will be located about 12 km west of the [...]
Afren plc (“Afren”) announces that terms have been agreed to acquire Energy Equity Resources Oil and Gas’s (“EER”) residual license interest in OML 115, offshore south east Nigeria. Transaction Highlights * Located offshore south east Nigeria, adjacent and on trend with Afren and Oriental’s Ebok and Okwok fields * Afren’s net license interest in OML [...]
July 15, 2010 | Posted in
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Read More » ![Norway: Spring Energy Sells its 10% Working Interest In PL 341 License]()
Spring Energy has agreed to sell its 10 % working interest in the PL 341 license to GDF SUEZ E&P Norge AS. Drilling of the Stirby exploration well in PL 341 is expected to start within early to mid July this year with the Songa Delta drilling rig. The sale is an integrated part of [...]
June 11, 2010 | Posted in
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Read More » ![Azerbaijan: SOCAR Authorizes License for New Well at Alyat Deniz Offshore Field]()
The State Oil Company of Azerbaijan has commissioned a new well at the Alyat Deniz offshore field. Source: Newsaz, May 26, 2010;
![Tullow Secures Deepwater Exploration License Offshore Suriname]()
Tullow Oil plc (Tullow) announces that it has signed a Heads of Agreement with Staatsolie in relation to Block 47, a 2,369 sq km deepwater exploration licence offshore Suriname. The signing will enable the parties to finalise a Production Sharing Contract for the Block and enhance Tullow’s portfolio of high-impact exploration acreage in the emerging [...]
![Israel: Several Firms to Bid for Benjamin offshore gas exploration license]()
Several firms, including foreigners, are considering bids for the offshore license. ACC Group, headed by Chaim Lebovits… Source: globes,April 19, 2010;
