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Upstream news

Cue Energy extends BP's option to acquire equity in WA-359-P

Cue Energy Resources Ltd has advised that through its 100% owned subsidiary, Cue Exploration Pty Ltd, the 42.5% equity option over exploration permit WA-359-P granted to BP Developments Australia Pty Ltd (BP), as announced on 13 October 2016, has been extended by 6 months until 25 October 2018.


Aibel wins large Njord Bravo contract

Statoil has awarded Aibel the contract for the refurbishment and lifetime extension of the Njord Bravo Floating Storage Unit (FSU) of as a part of Statoil’s “Njord Future Project”.


Eland Oil & Gas announces Opuama-9 operations update

 Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announces the following operations update on the Opuama-9 infill well in licence OML 40.