LogIn LogOut

Block News

 

Brazilian Offshore Oil Round Disappoints as Only Shell, Ecopetrol Bid

Oct 08, 2021

Brazil failed to sell off exploration and production rights in the most promising offshore oil blocks up for sale on Thursday, as its first oil auction since the start of the COVID-19 pandemic brought just 37.1 million reais ($6.7 million) into state coffers.In total, there were 92 blocks up for grabs in four offshore basins. The combined minimum bids for all the blocks was 558 million reais, though only five blocks received bids…

Afentra to Buy Further Stake in Shallow-water Area Offshore Angola

Jul 19, 2022

Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has agreed to buy interests in two shallow-water offshore blocks in Angola from the Croatian oil company INA - Industrija Nafte.To remind, Afentra in April agreed to buy a 20% non-operated interest in Block 3/05…

Apache, Shell Win Offshore Exploration Blocks in Uruguay

Jun 27, 2022

Uruguay's ANCAP has awarded three of the six available offshore blocks on its continental shelf to Shell and Apache, following bids received in the most recent ANCAP 2022 Open Bidding Round.Shell won the rights to the shallow-water block OFF-2 and deepwater Block OFF-7…

Afentra to Buy Into Two Offshore Blocks in Angola

Apr 28, 2022

Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has signed an agreement with Angola's Sonangol to buy interests in Block 3/05 and Block 23, offshore Angola.Afentra will pay $80 million and could also pay contingent payments…

Eco Atlantic Agrees to Buy Guyana-focused JHI

Mar 14, 2022

Oil and gas company Eco Atlantic has agreed to acquire 100% of Toronto-based JHI Associates Inc. ('JHI'), including JHI's 17.5% stake in the Canje Block offshore Guyana.The Canje Block, offshore Guyana, is directly adjacent to the prolific Stabroek…

Seven Oil Firms Bid for Timor-Leste Oil and Gas Acreage

Mar 07, 2022

Seven oil and gas companies have submitted bids for nine blocks offered during the Timor-Leste Second Licensing Round period 2019/2022'The Minister of Petroleum and Mineral, Mr. Victor da Conceição Soares officially opened the Bid Submission…

TotalEnergies, Inpex Sell Angolan Subsidiary Angola Block 14 B.V.

Jan 17, 2022

TotalEnergies and Inpex have agreed to sell their Angola Block 14 B.V. subsidiary to the Angolan Company Somoil for an undisclosed price.Angola Block 14 B.V., owned by TotalEnergies Holdings International B.V. (50.01%) and Inpex Angola Block 14 Ltd (49…

Indonesia Offers 8 Oil and Gas Blocks for Bids

Nov 29, 2021

Indonesia is putting eight new oil and gas blocks located across the archipelago up for bids, Tutuka Ariadji, the director general of oil and gas at the country's energy ministry, said on Monday.The oil and gas blocks had a total capacity of…

Guyana: ExxonMobil's Third Well in Canje Offshore Block Disappoints

Nov 01, 2021

Sapote-1, ExxonMobil's third well in the Canje Block offshore Guyana, has, after the first two wells, Bulletwood-1 and Jabillo-1, failed to unearth evidence of commercial hydrocarbon volumes, too.Westmount Energy, an indirect partner in the Canje Block through its stake in JHI Associates…

D. R. Congo: Inpex Exits Offshore Block it Acquired in 1970

Oct 27, 2021

Japan-based oil and gas firm Inpex has said it has sold its stake in an offshore block in D. R. Congo, from which it produced oil since 1975. An expected significant decline in production is the reason for the sale, Inpex said.Inpex has sold its shares in Teikoku Oil (D…

Chevron, Shell, Total Among Potential Bidders in Brazil Offshore Oil Round

Oct 07, 2021

Brazil is set to sell off exploration and production rights in dozens of offshore oil producing blocks on Thursday, in an auction that is small by local standards but will offer opportunities for majors to snap up potentially prolific assets…

Third Time's a Charm? ExxonMobil Spuds Sapote-1 Well in Canje Block, Offshore Guyana

Aug 30, 2021

U.S. oil major ExxonMobil has spudded the Sapote-1 well on the Canje Block, offshore Guyana. This is the company's third well in the block drilled this year. The first two wells, Bulletwood-1 and Jabillo-1, failed to find evidence of commercial hydrocarbons…

ExxonMobil Drills Another Dry Well in Canje Block, Offshore Guyana

Jul 05, 2021

ExxonMobil's Jabillo-1 offshore well in Guyana's Canje Block has reached the planned target depth, however, without finding evidence of commercial hydrocarbons, Exxon's partners in the block said Monday.The Jabillo-1, drilled by the Stena Carron drillship will now be plugged and abandoned…

Qatar Petroleum to Acquire Shares in Three Blocks Offshore South Africa

Jul 05, 2021

Qatar Petroleum has signed agreements with France's TotalEnergies to acquire interests in three offshore exploration blocks in South Africa.Subject to regulatory approvals, Qatar Petroleum will hold a 25% stake in the South Outeniqua block, a 30% interest in the DWOB block…

Eco Atlantic Joins ExxonMobil's Canje Block Off Guyana

Jun 28, 2021

Oil and gas company Eco Atlantic has agreed to acquire a stake in JHI Associates, which owns a share in the Canje block, offshore Guyana, where ExxonMobil is drilling for oil.Eco will acquire up to a 10% interest in JHI and appoint Keith Hill…

Current News

Australia Rules Out Curbs on LNG Exports after Producer Deal

Australia Rules Out Curbs on LNG Exports after Producer Deal

Maersk Training, NaMICPA to Set Up GWO Training Center in Nagasaki

Maersk Training, NaMICPA to Set Up GWO Training Center in Nagasaki

Petrofac Hires AHTS to Assist with Northern Endeavour FPSO Disconnection

Petrofac Hires AHTS to Assist with Northern Endeavour FPSO Disconnection

GMS Nets 22-Month Contract for One of Its Jack-up Units

GMS Nets 22-Month Contract for One of Its Jack-up Units

Taiya Renewable Energy, BW Ideol in Floating Wind Pact

Taiya Renewable Energy, BW Ideol in Floating Wind Pact

Uniwise Offshore Boosts OSV Fleet Cyber-Security with Inmarsat's Fleet Secure UTM

Uniwise Offshore Boosts OSV Fleet Cyber-Security with Inmarsat's Fleet Secure UTM

Australia - a Land of Promise and Hurdles for Offshore Wind Developers

Australia - a Land of Promise and Hurdles for Offshore Wind Developers
photo

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com