Neptune

Asia

Global interest expected in Santos Dorado sale

Santos is seeking buyers for a 20-30% stake in its large Dorado oil project and Bedout exploration portfolio offshore western Australia estimated to be worth up to $200 million. Significantly, there is expected to be global interest in the sales process, which could be particularly appealing for Asian national oil companies (NOCs).

Norway

Neptune Energy hits oil at Dugong

Neptune Energy and its partners today announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway so far this year.

Africa

Milestone for Neptune in Algeria

Neptune Energy today announced a major milestone for the Touat gas facility in Algeria, with operatorship having been formally passed to Groupement Touat Gaz (GTG).

North Sea

Well slot: Drilling wrapped up near Cygnus

Westwood Global Energy reports that at the end of January three exploration wells were drilling on the UKCS: one in the northern North Sea and two in the central North Sea.