News Oil & Gas

Harbour notes ‘significant’ South Andaman discovery

Harbour Energy plc’s partner has made a “significant” gas discovery on the South Andaman licence, offshore Sumatra in Indonesia. APPRAISAL Operator Mubadala Energy’s announcement on the Tangkulo-1 exploration well follows the major discovery at Layaran-1 well on South Andaman in December 2023. The partners aimed to prove up additional volumes in the shallower Tangkulo prospect […]

News Oil & Gas

Hartshead increases acreage with 10 blocks

Hartshead Resources NL has increased its licences with the award of 10 blocks in the 33rd licensing round. PORTFOLIO The blocks contain discovered hydrocarbons with a range of re-development, development and appraisal opportunities, as well as multiple near field exploration openings. The North Sea Transition Authority offered field redevelopments in 50% partnership with Dutch developer […]

News Oil & Gas

Orcadian in line for Earlham-Clover

Orcadian Energy plc is in line for a southern North Sea licence, adding to the two central North Sea licences previously awarded in the 33rd licensing round. DEVELOPMENT Licence blocks 49/25b, 50/21a, 49/30a and 50/26 contain the Earlham discovery with a high inerts content and the “exciting” undrilled prospect of Clover. The company said that […]

News Oil & Gas

Baron Oil exits UK

Baron Oil plc has exited the UK after failing to secure new North Sea blocks in the 33rd licensing round and the earlier relinquishment of the Dunrobin-Golspie joint venture licence. Chief executive Dr Andy Butler said: “We can now focus all our attentions on our core area of SE Asia, where we have an exciting […]

News Oil & Gas

Europa declines UK offshore licence

Europa Oil & Gas (Holdings) plc has declined the offer of a licence by the North Sea Transition Authority in the 33rd offshore licensing round. OPPORTUNITIES The regulator had awarded the licence as a marriage between the company and another party. Europa declined the marriage and the full licence should NSTA decide to offer it […]