Non-OPEC production is growing at record speed

Oil production from non-OPEC countries is expected to grow at record speed in 2020, creating a headache for the Organisation of the Petroleum Exporting Countries (OPEC), which meets in Vienna to discuss extending oil production cuts.   Rystad Energy predicts that total non-OPEC production (crude…

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Santos in talks to farm-out Beehive stake ahead of farm-in

Australian oil and gas company Santos is in talks with potential partners to farm-out a share in the permit offshore Australia containing the Beehive prospect. The offshore permit is currently fully owned by Melbana.   Santos has an agreement with Melbana to acquire an 80…

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TGS expands seismic data bank offshore The Gambia

TGS is acquiring a further 1,500 square kilometres (578 square miles) of 3D seismic data offshore The Gambia.   This will expand the company’s 3D multi-client library over the MSGBC basin off north-west Africa, which now totals more than 40,000 square kilometres (15,444 square miles)….

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Danish North Sea Tyra production shut for redevelopment

Total has shut down the Tyra field in the Danish North Sea as part of the Tyra Redevelopment project, according to partner Noreco.   Work is continuing on the Tyra offshore facilities to ensure ‘safe state’ in January 2020, Noreco added, and offshore modification and…

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EnQuest wins operatorship of block offshore Malaysia

UK oil and gas company EnQuest has been awarded the Block PM409 Production Sharing Contract (PSC) located offshore Malaysia in partnership with Petronas Carigali by Petronas.   Under the terms of the PSC, awarded as part of the 2019 Malaysia Bidding Round, EnQuest will operate…

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23-Well Offshore Senegal Plan Nears Final Decision

Woodside Energy reported on the 3rd December that the development and exploitation plan for the Sangomar field offshore Senegal has been submitted to the West African country’s government.   According to Woodside CEO Peter Coleman, whose company operates the Sangomar Field Development joint venture (JV)…

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Ithaca drills first wells as North Sea Captain operator

Ithaca Energy has issued an update on its UK North Sea operations, which include the recently acquired operatorship of various fields from Chevron.   The latest drilling campaign on the Captain field, which recently finished, involved drilling of five infill wells and two well workovers….

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