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

 

AOG Daily 2015 / February

Wednesday, 25 February 2015 02:05

INPEX eyes further Browse growth

Santos has been awarded exploration permits for Release Areas WA-513-P and WA-514-P (the Blocks) in the Browse basin offshore Australia with partner INPEX.  INPEX Browse…
Tuesday, 24 February 2015 12:41

Cue urges NZOG rejection

Cue Energy’s board is rejecting NZOG Offshore’s offer of an estimated US$54.5 million (A$69.8 million), valuing each share at $0.08 (A$.10), and is urging all…
Thursday, 19 February 2015 09:16

AWE begins Senecio-3 flow test

Australian exploration firm AWE began flow testing at the Senecio-3 well onshore Western Australia. Map of Senecio and Waitsia. From AWE.   Senecio-3 is located…
Wednesday, 18 February 2015 15:19

Beehive tempting MEO

MEO Australia’s Beehive prospect is tempting the company to drill at the site after an international exploration company executed an option, which will allow it…
Wednesday, 18 February 2015 09:44

Nido finalizes Galoc acquisition

Nido Petroleum completed the 100% takeover of Galoc Production Co. WLL (GPC) from Otto Energy for a total of US$106 million. Map of SC14C. From…
Monday, 16 February 2015 14:07

KrisEnergy, Eni increase Vietnamese stake

Singapore-based KrisEnergy increased its stake in Blocks 105 and 120 offshore Vietnam. Block 105 map. From KrisEnergy.   KrisEnergy now holds 33.33% in each block…
Monday, 16 February 2015 13:11

Golar LNG sells Golar Viking

PT Perusahaan Pelayaran Equinox (Equinox) acquired Golar LNG’s LNGC Golar Viking vessel for US$135 million. Image from Golar LNG.   Equinox renamed the vessel Salju,…
The Northern Territory Government is giving INPEX approval to move forward to pursue petroleum exploration onshore Australia. Image from INPEX.   The onshore acreage, area EPNT14-1, is in…
Friday, 13 February 2015 09:04

RH Petrogas green-lighted in West Papua

Satuan Kerja Khusus Minyak dan Gas (SKK Migas) approved RH Petrogas’s North Klalin gas and condensate field plan for development (POD), in Indonesia. Map of…
Thursday, 12 February 2015 09:51

Roxi selling Galaz to Chinese co.

The consortium led by Xinjiang Zhundong will acquire 100% of the interests in Roxi Petroleum’s Galaz contract area, including all associated debts, for an estimated…
Thursday, 12 February 2015 08:32

Cooper drills ahead onshore Sumatra

Drilling continues at Cooper Energy’s Bunian-3 vertical well at 1015m in 12 ¼ in. hole onshore Indonesia. Map of Sukananti KSO. From Cooper.   Bunian-3 is…
Wednesday, 11 February 2015 08:52

Sechin: Oil markets are in acute crisis

Rosneft CEO Igor Sechin addressed the International Petroleum (IP) Week forum in London, stating that the oil markets are in a fairly acute crisis. Image…
Tuesday, 10 February 2015 11:13

CNOOC, SK enter Pearl River Mouth PSCs

China National Offshore Oil Corp. (CNOOC) and SK Innovation Co., Ltd. (SK) entered into two production sharing contracts (PSCs) in the South China Sea. Image…
Monday, 09 February 2015 14:38

MEO withdraws from Blackwood

Eni Australia is taking over 100% of the Blackwood discovery in the Timor Sea, after MEO Australia withdraws from the area. Blackwood, Heron map. From…
Monday, 09 February 2015 13:34

Buru’s Sunbeam doesn’t shine

Perth-based Buru Energy’s Sunbeam-1 well is being suspended after no significant hydrocarbons were found. Map of Sunbeam well. From Buru.   Sunbeam is located is…
Friday, 06 February 2015 10:01

Saipem in US$1.8 billion Kashagan contract

Saipem won a US$1.8 billion engineering and construction contract for the North Caspian Operating Co.’s (NCOC) Kashagan field project, offshore Kazakhstan. Image from NCOC.  …
The fall in oil prices has set the tone for a challenging 2015, says Wood Mackenzie, which will affect exploration and production (E&P) activity across…
Wednesday, 04 February 2015 03:39

Development drilling starts on Ichthys

Development drilling has started on the INPEX-operated Ichthys gas-condensate field, part of the Ichthys LNG Project about 200km offshore Western Australian. The first of about…
Tuesday, 03 February 2015 10:29

CNOOC increasing production in 2015

CNOOC’s 2015 business strategy and development plan has the company’s net production target set in the range of 475-495 MMboe, with 67% coming from China…
Monday, 02 February 2015 10:33

Gazprom Neft finds first oil at Priobskoye

Gazpromneft Khantos completed testing of an initial two wells, drilled to allow analysis of deposits in the Bazhenov formation, in the south of the Priobskoye oilfield. Image from Gazprom Neft.   Hydraulic…
Monday, 02 February 2015 09:58

Origin: Australia Pacific LNG 88% complete

Australia’s Origin Energy said that the Australia Pacific LNG coal seam gas project is 88% complete and on track to deliver first LNG in mid-2015,…