Australia-based Calima Energy has agreed to acquire Canadian oil and gas company Blackspur Oil for CAD 17 million ($13.35 million). Calima Energy will also assume Blackspur Oil’s net debt of $43 million. Blackspur Oil has producing oil and natural gas assets in the Brooks and Thorsby areas in Alberta. The assets’ 2P reserves are 22.5 […]
Solstad Offshore said that the large Normand Ranger anchor handling tug supply vessel (AHTS) has won a contract in Australia, which will begin in the second quarter of 2021. According to the Norwegian offshore service and supply ship shipping company, the AHTS Normand Ranger will travel from Norway and will then engaged in supporting a […]
PETRONAS via its subsidiary North Madura II has made an oil discovery at the Hidayah-1 exploration well within the North Madura II Production Sharing Contract (PSC) off the coast of East Java in Indonesia. North Madura II is the operator with a 100% participating stake in the North Madura II PSC. Spudded on 7 January […]
Neptune Energy has signed a deal to acquire stakes in multiple oil and gas fields in Germany from Wintershall Dea for an undisclosed price. The deal involves certain oil and gas producing fields in the Emsland and the Grafschaft Bentheim region. It enables Neptune Energy to increase its existing stakes in the Ringe, Adorf, and […]
Enerplus, a Canadian oil and gas company, has signed an all-cash deal worth $465 million to acquire Bruin E&P HoldCo, a pure play producer in the Williston Basin in North Dakota, US. The operational areas of Bruin E&P include the Fort Berthold Indian Reservation, and the Bakken Shale and Three Forks formations. The Texas-based oil […]
AG&P Pratham, a subsidiary of Singapore-based downstream LNG and gas logistics company AG&P Group, has opened a natural gas mother station in Ramanathapuram, Tamil Nadu. The new natural gas mother station, which is branded under AG&P Pratham, is located at the Valantharavi village. It will directly get natural gas from the nearby gas treatment facility […]
Canadian oil and gas companies Whitecap Resources and TORC Oil & Gas have inked an all-stock merger deal worth nearly CAD 900 million ($703.4 million) to create a light oil weighted producer in Western Canada, valued at $3.12 billion. As part of the deal, Whitecap Resources will assume TORC Oil & Gas’ net debt of […]
Norwegian authorities have approved Equinor and partners’ plans to begin production from the Snorre expansion project in the North Sea. In July 2018, the Norwegian Ministry of Petroleum and Energy approved the plan for development and operation (PDO) for the expansion of the Snorre field for increasing recovery from it by almost 200 million barrels […]
Warka gas discovery : PGNiG Upstream Norway has claimed to have made a large gas discovery in the Norwegian Sea through the drilling of a wildcat well 6507/4-1 on the Warka prospect in license PL1009. According to the company, the exploration well is located in an area where it has been carrying out hydrocarbon exploration […]
Wisting oil field Norway : Equinor has awarded contracts for concept studies to advance the project development of the Wisting field in the Barents Sea in Norway towards a final concept select decision. Aker Solutions, KBR, Sevan SSP, and Aibel have been awarded contracts for concept studies pertaining to the floating production storage and offloading […]