Norway has announced the 25 th licensing round, encompassing 136 blocks in the Norwegian Sea and the Barents Sea.
Norway has announced the 25th licensing round, encompassing 136 blocks in the Norwegian Sea and the Barents Sea. The deadline to apply for blocks is 23 February, 2021. Awards are expected during the first quarter of 2021
Chevron has announced its 2021 capital spending programme of $14 billion and lowered its longer-term guidance to an annual $14 to $16 billion through to 2025, lower than its previous guidance of $19 to $22 billion, which excluded Noble Energy. As investment is expected to decrease for a major expansion in Kazakhstan, the company will increase investments in the Permian, other unconventional basins, and the Gulf of Mexico.
EMGS has won a 3D CSEM and MT (magnetotelluric) multi-client survey in the Gulf of Mexico. The contract from an existing client represents the first project for this customer in the Gulf of Mexico. The vessel Atlantic Guardian will start the one- to two-month survey in late Q1.
Paragon Geophysical Services has selected Sercel’s latest nodal technology to conduct seismic surveys across the US. The company will use Sercel’s WiNG System-Certified Data delivery and QuietSeis broadband digital sensor.
Turkey has extended the seismic survey work being carried out by the vessel Oruc Reis in a disputed part of the eastern Mediterranean until 29 November. European Union foreign ministers are said to be evaluating grounds for sanctions against Turkey.
Brazil has launched its 17th Bidding Round in which 96 blocks will be offered in the Campos, Pelotas, Potiguar and Santos Sedimentary Basins, totalling 54,000 km2. Deadline for submission of bids is 7 October, 2021.
The Danish parliament has voted to end all the country’s oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.
