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Results:1 - 10 of 993 Exploration and production,

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  • Eni has started production at its offshore Agogo oil field, located in block 15/06 offshore Angola just nine months after the field’s discovery.Some 20,000 b/d of production is targeted over the next few weeks. According to preliminary estimates, the field holds over 650mn barrels of oil in place, w...

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  • ANPG, the National Agency of Petroleum, Gas and Biofuels of Angola, has announced the winners of three concession awards from its 2019 bid round for hydrocarbon blocks in the Namibe and Benguela basins. The three blocks awarded are 27, 28 and 29, and all three are located offshore in the deepwater N...

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  • The Chairman of the Oil and Gas Authority (OGA) has said that the oil and gas industry's ‘social licence to operate’ is under serious threat and there is no scope of a second chance, adding that it must do more to help solve the challenges of climate change and the drive to net zero.A...

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  • The US and Iran seem to be have stepped back from the brink of armed conflict, after Iran fired more than a dozen missiles at two airbases housing US and coalition troops at Irbil and Al Asad, west of Baghdad, Iraq, on 8 January 2020, according to media reports. Oil prices rose above $70/b, the...

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  • Woodside (operator, 35%), Cairn Energy (40%) and FAR (15%) have signed a joint final investment decision (FID) statement, in agreement with Petrosen (10%) and the government of Senegal, regarding the Phase 1 development of the Sangomar field offshore Senegal.Phase 1 of the project will target estima...

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  • The Ministère du Pétrole et des Energies, Sénégal, together with the Société des Pétroles du Sénégal (Petrosen) and supported by GeoPartners, is to launch the 2020 Senegal licensing round with an opening event on 28 January 2020, at the King Fahd Hotel, Dakar.  The round comprises 12 ...

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  • A total of 28 companies (out of 33 that applied) have been offered ownership interests in 69 production licences on the Norwegian Continental Shelf (NCS) in the Awards in Predefined Areas (APA) 2019.Of the 69 production licences, 13 are located in the Barents Sea, 23 in the Norwegian Sea and 33 in t...

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  • Wintershall Dea has entered into an agreement with RDG to sell its operated participating interests in a number of oil concessions mainly located in southern Germany, in a drive to focus domestic production on core assets.The concessions include Aitingen (in which Wintershall Dea holds a 33.33% stak...

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  • Equinor and its partners Vår Energi, Spirit Energy Norway, Petoro, Idemitsu Petroleum Norway and Wintershall Dea Norge have identified ‘considerable’ potential remaining resources in the Statfjord area and approved plans to extend production from the field towards 2040.A new business plan will ensur...

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  • The world’s oil and gas explorers powered ahead and discovered 12.2bn boe in 2019, the highest volume since 2015, according to estimates from Rystad Energy. Last year recorded 26 discoveries of more than 100mn boe, with offshore regions dominating the list of new oil and gas deposits.Guyana’s succes...

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