The North Sea regulator, the Oil and Gas Authority (OGA), has become the latest industry institution to rebrand in a shift towards cleaner energies.
East Timor is extending the deadline for its second licensing round in an effort to drum up more interest from international oil companies (IOCs) and national oil companies (NOCs).
South Sudan’s Ministry of Petroleum (MoP) has launched its first oil licensing round, offering five blocks.
East Timor’s national hydrocarbon agency, the ANPM, and London-based government marketing agency, IN-VR, have teamed up to promote the Southeast Asian nation’s second upstream licensing round.
Six companies submitted bids for offshore exploration concessions in Sierra Leone’s recent bid round.
TGS and PetroData intend to carry out Nigeria’s first multibeam and seafloor sampling (MB&SS) study. Results will be available early in the second quarter of 2020.
Aker BP has been offered more than 20 new production licenses following the latest licensing round by the Norwegian government.
Israel is set to launch its first offshore licencing round in a bid to rejuvenate is energy portfolio.
While more than 180,000 onshore wells are producing oil in Texas, only 8,250 have been drilled by Petroleos Mexicanos across the border in Mexico. Welcome to the land of opportunity.
The Government has been warned it has fired the starting gun on a fight for the countryside after 1,000 more square miles of England were opened up for fracking. Licences for 27 areas in northern England and the Midlands, including near Nottingham, Sheffield, Lincoln and Preston, have been awarded to companies to explore for oil and gas as the Government pushes forward with a shale industry in the UK. A further 132 areas, including parts of the West Country and the south coast as well the North East and North West, are set to be awarded subject to further environmental assessment and conditions to protect wildlife and habitats.
Europa Oil & Gas has been awarded a licence in the southern North Sea as part of the UK 28th licensing round. The company said the conditional award of a promote licence over Block 41/24 was given by the OGA (Oil and Gas Authority) as part of a joint venture with Arenite Petroleum Limited. A total of 41 new licences were awarded in the latest round and the second tranche of successful bids follows the 134 bids confirmed last year, totalling up to 175 licences covering 353 blocks.
Danish group AP Moller Maersk has highlighted its plans to increase its UK production to 100,000 barrels of oil equivalent (boepd) by 2020.
Tullow Oil has completed a deal to buy Norwegian explorer Spring Energy Norway.
Oil and gas explorer Trapoil is to take control of all or part of 13 North Sea blocks after a farm-in deal with Extract Petroleum.
Norway's oil ministry has offered out shares in 51 new exploration licences to 40 companies as part of its latest licensing round.
Aberdeen-based oil and gas exploration firm Parkmead has said it is hoping to raise £15.9million through a new share placing.
SCOTTISH oil explorer Cairn Energy said yesterday it was excited by the potential it saw in Greenland, despite not striking oil in the area so far.
Scottish oil explorer Cairn Energy said yesterday it was excited by the potential it saw in Greenland, despite not striking oil in the area so far.
FAROE Petroleum said yesterday it had been offered stakes in three Norwegian licenses.
Energy analyst Hannon Westwood said yesterday there was significant potential on the UK continental shelf (UKCS) still to be realised.
WEST Africa: Liberia's ministry of land, mines, and energy has launched a new licensing round in which five offshore blocks are to be offered to the highest bidder.
IRELAND has decided to extend the area to be opened for licensing in the 2009 Rockall Round to include the north-western margin of the Rockall Basin.
IT SEEMS that the long-awaited award of the last two blocks (5 and 6) in the licensing round for concessions in the Nigeria-Sao Tome and Principe Joint Development Zone (JDZ) will now be made in May, according to Patrice Trovoada, prime minister of Sao Tome. The round had been suspended 18 months ago.