Australian company Timor Resources said it will drill three more exploration wells onshore East Timor after certifying 24.2 million barrels of oil and 1.3 billion cubic feet of gas reserves from its first two onshore wells.
ADNOC onshore has handed out a contract worth $227 million deal for a “first-of-its kind” technology to be used at Abu Dhabi’s Bab field.
The oil and gas industry has an essential role in supporting the UK Government’s ambitious plans for the transition to net zero.
Australian company Timor Resources has spudded the first onshore well in East Timor in more than 50 years as the Southeast Asian nation, also known as Timor Leste, hopes for an oil bonanza.
Australian junior Norwest Energy (ASX:NEW) recently announced a large gas discovery in the onshore Perth basin in Australia. The news bolsters recent analysis from consultancy Rystad Energy that suggests conditions are ripe for a significant development opportunity, with the basin potentially emerging as a key source of gas supply in Western Australia.
The government of Bangladesh has shortlisted eight potential global companies, including ExxonMobil and TotalEnergies, as well as various Japanese players, to build the South Asian nation’s first onshore liquefied natural gas (LNG) import terminal. Significantly, the proposed 7.5 million tonne per year (t/y) LNG processing facility would double Bangladesh’s import capacity.
Aberdeen-headquartered Parkmead Group has agreed a €565,000 (£485K) deal to boost its holding in several onshore gas fields in the Netherlands.
More than 500 incidents were reported for onshore wind farms in the UK in 2020, according to an inaugural safety report.
The eastern Malaysian state of Sarawak, home to the country’s liquefied natural gas (LNG) export complex, has awarded its first onshore block to Petra Energy and Uzma, as it hopes to revitalise its onshore oil and gas industry after taking regulatory control from the federal government.
London-listed Reabold Resources said today that new drilling operations “further suggested” the West Newton field in east Yorkshire is the largest UK onshore oil and gas discovery since the 1970s.
A woman has begun a High Court fight over oil drilling near Gatwick and raised concern about the impact of greenhouse gas.
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Union Jack Oil has increased its stake in the Biscathorpe onshore prospect after receiving approval from the Oil and gas Authority (OGA).
The resources of a major onshore oil find have been upgraded, with analysts saying it could become the “largest” of its kind in the UK.
A leading oil economist has warned that global production cuts agreed to by the Opec cartel and 11 other countries including Russia may not be enough to overcome the rise of US shale.
Baker Hughes said it expects revenue from its onshore business in North America to increase in the first half of the year as customers ramp up drilling activity and pricing improves.
Circle Oil said it has completed gas pipeline repairs onshore Morocco.
The UK is set to miss targets for sourcing energy from renewables by the end of the decade, MPs have warned.
SDX Energy has completed its seismic acquisition programme in the Nile Delta.
Union Jack Oil said it has acquired a further 8.33% economic interest in an onshore asset in Lincolnshire.
Croatia has signed contracts with a local firm and one Canadian company that had been awarded onshore oil and gas exploration blocks in the north and east of the country.
Renewable energy generation capacity expanded last year by 8.3% to 1,985gigawatts globally.
Doubling the share of renewables in the global energy mix by 2030 is feasible, but only with concerted action to jump-start their use in transport, building and industry. Bioenergy is seen as being a critical component to achieving this objective. And if it is, then the sector could “sustain 24.4million jobs worldwide” just 15 years from now.
The New Zealand government has put more than 500,000 square kilometres of onshore and offshore acreage up for offer.
Statoil confirmed it was on the hunt for renewables firm to invest in.