Energean has committed to becoming a zero emissions company by 2050 and has announced its support for the United Nations’ Business Ambition for 1.5°C: Our Only Future campaign for businesses to do their part in limiting global temperature rises to 1.5%.
Petrobras has completed the sale of its entire stake in 34 onshore production fields located in the Potiguar Basin, in the state of Rio Grande do Norte, to Petroreconcavo for $266 million. Meanwhile, Petrobras has approved its Strategic Plan for 2020-2024. Capital spending over the five-year period is expected to $75.7 billion, of which 85% is allocated to the E&P segment. Divestments are expected to be between $20-30 billion.
The Dominican Republic’s first oil and gas licensing round concluded with the award of one licence to Apache Corp of the SP2 block offshore in the San Pedro de Macorís basin. Unsold blocks in the first round will be available in the next round.
Wintershall has drilled the longest well ever completed by the company in Norway. Reaching some 9023 m from the Brage platform, the well is around 200 m longer than Mount Everest is tall. When Wintershall Dea (then Wintershall) took over operatorship from Statoil (now Equinor) in 2013, the platform was granted a lifetime extension until 2030.
Ansila Energy has completed hydraulic fracturing simulation, or mini-frac, of the perforated Carboniferous reservoir section at the Siciny-2 (Gora) site in Poland prior to a well test.
Dan Brouillette has been confirmed as the new US Energy Secretary by the US Senate, in a bipartisan vote of 70-15. Brouillette was previously the US Deputy Secretary of Energy.
Ocean Infinity has won a contract from Total to conduct 2D ultra high-resolution seismic surveys and seabed soil sampling in Block 32 and Block 17 offshore Angola.
