Oil & gas news

A total of 193 blocks were auctioned in Brazil’s December 13 oil and gas licensing round – 192 under concession and one under production sharing agreement.

Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS, have progressed the L10CCS project from the Concept Select phase into the next Define/FEED phase.

The company has entered into an agreement to acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea.

The company, in collaboration with its partners, DNO Norge and Equinor, has successfully completed the drilling of an appraisal well at the Bergknapp discovery in the Norwegian Sea.

Halliburton Company has announced it will work with Libra Consortium, led by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.

Neptune Energy and its partners has announced a new discovery at the Kyrre prospect and confirmed the volumes for the Ofelia appraisal well, both located in the PL 929 licence, close to the Gjøa field in the Norwegian sector of the North Sea.

Addressing Occidental Petroleum’s (OXY) purchase of CrownRock for US$12 billion, Robert Clarke, Vice President of Upstream Research at Wood Mackenzie said, “This transaction cements an absolute banner year in Permian acquisitions and divestments spend.”

The American Petroleum Institute (API) has called on the Biden administration to recognise the important role that Alaska plays in US energy security and support the continued development of energy resources in the National Petroleum Reserve (NPR-A).

The company is poised to expedite the development of these discoveries through a cluster development approach, paving the way for long-term growth in Malaysia.

Chariot Limited’s acreage offshore Morocco includes the 18 Bcm (gross) Anchois gas development and significant exploration prospectivity.