Join AOGdigital on Facebook Join AOGdigital on LinkedIn Join AOGDigital on Twitter

 

AOG Daily: 2016 / January

Thursday, 28 January 2016 23:39

Shell, BG shareholders approve merger

BG Group shareholders voted in favor of the US$70 billion mega-merger with Shell, following the expressed support from Shell shareholders the day before. Commenting on…
Thursday, 28 January 2016 21:50

AWE earns more in Q4

Australian explorer AWE, reported Q4 2015 revenue of AU$63 million, up 7% over the previous quarter. Total revenue for the six months to 31 December…
Thursday, 28 January 2016 09:30

Otto looks to exit the Philippines

Australia’s Otto Energy is considering bailing out of the Philippines as part of its strategy to focus on its North American assets, leaving joint venture…
Wednesday, 27 January 2016 21:37

Murphy cuts budget by 62%

Sarawak gas project operator, US-based Murphy Oil Corp., reported net loss of US$2.27 billion for 2015, plus cuts budget by more than half. The company…
Oil Search’s managing director Peter Botten says the Papua New Guinea (PNG)-focused company would generate positive operating cash flow even if oil prices fell to…
Monday, 25 January 2016 00:39

HHI closing Onsan yard

Hyundai Heavy Industries (HHI) will temporarily stop operations at its rig building Onsan shipyard in South Korea, according to local reports. The South Korean shipbuilder…
Friday, 22 January 2016 00:55

India, Africa strengthen ties

India sees Africa as a vital region for sourcing petroleum products in the coming years said Indian Minister of Petroleum and Natural Gas Shri Dharmendra…
Thursday, 21 January 2016 01:00

Woodside reports 2016 target

Woodside Petroleum’s production target for 2016 is 86-93 MMboe, and estimated investment expenditure is expected to be about US$1.96 billion.  Production will comprise of 42%…
Tuesday, 19 January 2016 21:13

Husky lowers 2016 spending

Liwan gas explorer Husky Energy has revised its 2016 capital guidance to CA$2.1-2.3 billion from a previous range of CA$2.9-3.1 billion. Production is now expected…
Tuesday, 19 January 2016 05:17

CNOOC sets out 2016 plan

Beijing-based China National Offshore Oil Corp. (CNOOC) reduces 2016 capital expenditure and production, as oil price continues to slide. The company said while estimated net…
Tuesday, 19 January 2016 00:41

Chevron inks second China LNG deal

Chevron Corp. signed another Chinese agreement for the delivery of liquefied natural gas (LNG) from its Gorgon natural gas project in Australia. This comes after…
Sunday, 17 January 2016 23:28

Quadrant confirms Roc-1 discovery

Operator Quadrant Energy completed wireline logging program of the Roc-1 well located offshore Western Australia, and laboratory analysis confirmed presence of condensate-rich gas. Partner Carnarvon…
Sunday, 17 January 2016 22:25

Iran sanctions lifted

International sanctions against oil-rich Iran were lifted on the weekend after the International Atomic Energy Agency (IAEA) confirmed that the country completed steps needed to…
Thursday, 14 January 2016 22:12

68 upstream projects delayed

About US$380 billion worth of upstream oil and gas projects have been deferred because of low oil prices, with deepwater hit the hardest, according to…
Thursday, 14 January 2016 00:00

Ezra records net loss

Singapore-headquartered Ezra Holdings reported revenue of US$152.3 million and a net loss of $53.7 million for Q1 FY16. The group’s marine services division, TRIYARDS, reported…
Tuesday, 12 January 2016 22:14

Senex spuds Ethereal-1

Operator Senex Energy spudded the Ethereal-1 well, the second of two wells to be drilled in the southern Cooper basin as part of its gas…
Tuesday, 12 January 2016 02:28

Yarudeyskoye field hits peak production

The Yarudeyskoye oil field has reached its planned production capacity of 9700 ton of crude oil per day, which is equivalent to approximately 3.5 million…
Sunday, 10 January 2016 22:33

APLNG ships first cargo

Queensland's liquefied natural gas (LNG) industry passed another milestone with the first shipment from the US$24.7 billion Australia Pacific LNG (APLNG) project destined for Asia.…
Friday, 08 January 2016 11:07

Cue spuds Southern Dragon in Indonesia

Cue Energy Resources spudded the Naga Selatan-2 (Southern Dragon-2 or NS-2) well onshore Indonesia. Mahakam Hilir PSC and NS-2 well map. Courtesy of Cue. The…
Thursday, 07 January 2016 02:43

Buru hits oil in Canning basin

The Ungani Far West 1 well drilled to a depth of 2316m in the shale formation overlying the Ungani Dolomite, indicated hydrocarbon presence during a…
Singapore-headquartered RH Petrogas has assumed the rights to operate the Kepala Burung production-sharing contract (PSC) in Indonesia from PetroChina International (Bermuda). Transition of the operatorship…
Monday, 04 January 2016 20:24

AWE, Origin approve Waitsia gas development

The AWE-operated L1/L2 joint venture, including Origin Energy, has made the final investment decision (FID) for Stage 1A of the Waitsia gas field development project,…
Monday, 04 January 2016 09:03

Quadrant in Roc-1 pay

Quadrant Energy discovered condensate rich gas from at least three hydrocarbon columns at the Roc-1 well, offshore Western Australia using wireline logging tools. Map of…
Sunday, 03 January 2016 18:53

Woodside finds gas off Myanmar

Woodside discovered gas in the Shwe Yee Htun-1 exploration well in block A-6 in the Rakhine basin, located in the western offshore area of Myanmar.…