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AOG Daily: 2016 / November

Wednesday, 23 November 2016 10:29

Lukoil hits at third Caspian well

Lukoil hits more pay at the Vladimir Filanovsky field in the shallow waters of the Caspian Sea, after successfully completing drilling at the third well. The…
Tuesday, 22 November 2016 03:15

Victoria bans onshore fracking for good

The Andrews Labor government today (22 November) introduced legislation to permanently ban fracking in Victoria, Australia. In a national first, the Resources Legislation Amendment (Fracking Ban)…
Thursday, 17 November 2016 04:15

PFLNG Satu achieves first gas

PETRONAS’ first floating liquefied natural gas (LNG) facility, PFLNG SATU, achieved first gas from the Kanowit gas field, offshore Sarawak, on 14 November 2016. “We…
Thursday, 17 November 2016 01:11

PETRONAS records higher Q3 profit

Malaysian national oil company PETRONAS said that its Q3 profit after tax rose to RM6.1 billion, a significant increase from RM1.6 billion in the previous…
Wednesday, 16 November 2016 19:21

Santos in PNG farm-in

Santos has signed an agreement with Oil Search and ExxonMobil to acquire 20% interest in a highly prospective gas-rich acreage located in the highlands province…
Wednesday, 16 November 2016 14:12

HHI to split into four companies

South Korean shipbuilder Hyundai Heavy Industries (HHI) said it will split into four companies, following through with plans that have been in the works since…
Tuesday, 15 November 2016 20:53

Ramba starts Lemang production

Singapore's Ramba Energy has started first oil production from the Lemang block in the northernmost part of the onshore South Sumatra basin in Indonesia. The initial…
Tuesday, 15 November 2016 09:55

Sembcorp Marine sells CSG stake

Singapore’s Sembcorp Marine is divesting its 30% stake in Cosco Shipyard Group (CSG) in a US$156 million (S$220.68 million) deal with China Ocean Shipping Group…
Tuesday, 15 November 2016 00:31

Senex completes Surat pilot

Senex Energy has completed its first pilot development of the Western Surat Gas project in Queensland, Australia, on budget and ahead of schedule.  The Glenora…
Tuesday, 08 November 2016 19:22

TAG hits at Taranaki well

Calgary-based TAG Oil’s preliminary test results from the previously suspended onshore Supplejack-1 well in the Taranaki basin of New Zealand confirmed the presence of hydrocarbon.…
Russian energy giant Rosneft has agreed to sell 20% stake in its subsidiary Verkhnechonskneftegaz to China’s Beijing Gas for US$1.1 billion. Verkhnechonskneftegaz is operator of…
Thursday, 03 November 2016 10:30

Keppel to fund KrisEnergy

Keppel entered an agreement to invest up to US$101 million (S$140 million) in fellow Singaporean company KrisEnergy, in addition to raising its stake in the…
Wednesday, 02 November 2016 22:41

Icon to survey Cooper basin for oil

ASX-listed Icon Energy is set to commence the Harrier 3D seismic program on the eastern flank of the highly prospective onshore Cooper basin in South…