Tullow Oil plc (Tullow) announces that the Government of Ghana has formally approved the Development Plan for the Tweneboa-Enyenra-Ntomme Development (“the TEN Project”). The approval paves the way for Tullow and its partners, Kosmos Energy, Anadarko Petroleum, PetroSA and the Ghana National Petroleum Corporation, to proceed with the development of these discoveries. The TEN Project [...]
GeoPark Holdings Limited (“GeoPark”), the Latin American oil and gas explorer , announced its strategic entry into Brazil with the acquisition of a ten percent working interest in the offshore Manati gas field (“Manati Field”) — the largest natural gas producing field in Brazil. On May 14, 2013, GeoPark executed a stock purchase agreement (“SPA”) [...]
May 15, 2013 | Posted in
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CNOOC Limited today announced a summary of the Company’s business strategy and development plan for the year 2013. The Company’s net production target of 2013 is in the range of 338 to 348 million barrels of oil equivalent (BOE), while the net production for 2012 is estimated to be 341 to 343 million BOE. During [...]
Brazil’s state controlled oil giant Petrobras ranks Nº 10 on the list of the world’s biggest corporations and is fourth in the oil sector, according to Forbes Global 2000. The ranking was released on Wednesday, April 18, and contains over 30 Brazilian companies, but Petrobras is the only Latin American company in the top ten. [...]
Hurricane Exploration plc, an oil exploration company focused on hydrocarbon resources in fractured basement reservoirs, has been offered a Frontier Licence by the Department of Energy and Climate Change in the second tranche of offers in the 26th Seaward Licensing Round. The Licence covers ten offshore blocks -5/1, 5/2, 5/3, 5/4, 5/5, 5/6, 5/7, 5/8, [...]
January 10, 2012 | Posted in
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![Norway: Aldous/Avaldsnes Discovery One of Ten Largest Oil Finds Ever on NCS, Statoil Says]()
Communication between the Aldous and Avaldsnes oil discoveries in the North Sea has now been confirmed. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, the discovery will be one of the ten [...]
![Wintershall Wins Ten New Licenses in Norway]()
Company secures highest number of production licenses on the Norwegian Shelf after Statoil Stavanger/Kassel. Wintershall is continuing to steadily expand its activities in Norway: the subsidiary Wintershall Norge ASA has just been awarded ten new production licenses from the Norwegian energy ministry as part of the APA 2010 licensing round. Wintershall will be the operator [...]
January 20, 2011 | Posted in
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![Lundin Petroleum Wins Ten Licences in Norwegian Licensing Round]()
Lundin Petroleum AB announces that its wholly owned subsidiary Lundin Norway AS has been awarded ten exploration licence interests in the 2010 Norwegian Licensing Round, (Awards in Predefined Areas, APA). The awarded licences include two licences in the Greater Luno Area and one licence in the Greater Alvheim Area. Six of the awarded licences will [...]
January 19, 2011 | Posted in
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