Block Energy have engaged EPI’s Outsourced Development Department to create a strategic partnership in geophysical and geological interpretation, petrophysics and reservoir engineering. The partnership will effectively provide Block Energy with a sub-surface reservoir development department.
Norway’s Ministry of Petroleum and Energy has announced nine areas in the 25th licensing round, divided into eight areas in the Barents Sea and one area in the Norwegian Sea. Numbered licensing rounds are conducted in lesser-known areas.
The Norwegian Ministry of Petroleum and Energy has announced this year’s licensing round in mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2020. In APA 2020 the predefined area west of the Norwegian Sea has been extended by 36 blocks. The deadline for applications in this licensing round is set for 22 September, 2020. The aim is to grant new production licences in early 2021.
BP is set to invest $70 million into the Green Growth Equity Fund (GGEF) in India. The fund, established in 2018, is focused on identifying and supporting growth in zero carbon and low carbon energy solutions in the country. The fund is expected to reach $700 million.
Mexico-based oil and gas company Jaguar has signed a deal to use Emerson’s exploration and production (E&P) software solutions for seismic and well data analysis, multi-survey seismic and geologic interpretation, petrophysical analysis and subsurface modelling.
GeoPartners, with partners Trois Geoconsulting and DDMS, have made available 2D seismic data for licensing in advance of the 2020 Bid Round in Congo offering onshore oil blocks in the Terrestrial Basin of the Lower Congo (CON1, CON5 and CON6). Approx. 1650 km of data was acquired between 2007 to 2010.