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Tullow Oil and partners Orinduik petroleum agreement renewed

Advertisement Eco (Atlantic) Oil & Gas Ltd. has announced that the joint venture (JV) partners in respect of the Orinduik Block offshore Guyana have successfully entered into the First Renewal Period of the Orinduik Petroleum Prospecting License initially signed on 14 January 2016 with the Government of Guyana, with the associated notice having now been approved and signed by the Department of Energy of the Government of Guyana. The Department of Energy has also provided final approval for the transfer of the Total E&P Guyana B.V. 25% working interest in the Orinduik Petroleum Agreement to a new company jointly owned by Total E&P Guyana B.V. (60%) and Qatar Petroleum (40%), namely TOQAP Guyana B.V. (TOQAP). Accordingly, the JV partners now comprise Eco Atlantic (15% WI), Tullow Guyana B.V. (operator, 60% WI) and TOQAP (25% WI).

Kistos to buy Tulip Oil Netherlands

Advertisement Kistos, a closed-ended investment company which has been established with the objective of acquiring and managing companies or businesses in the energy sector, has entered into a binding share purchase agreement, subject to customary conditions precedent, to acquire the entire issued and outstanding share capital of Tulip Oil Netherlands B.V. from Tulip Oil Holding B.V. The acquisition comprises a controlling (60%) interest in the Q10-A offshore gas field together with interests in a suite of offshore exploration and production licences in the Dutch North Sea. Tulip Oil Netherlands Offshore B.V. owns an operating interest in the Q10-A offshore gas field and interests in other fields in the Dutch North Sea, including the Q10-B, Q11-B and M10/M11 discoveries, and other exploration and appraisal projects. The Q10-A field has 2P reserves of 19.5 million boe.

Sercel equipment deployed in North African seismic survey

Sercel equipment deployed in North African seismic survey
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Centre of Decommissioning Australia established

Advertisement The Centre of Decommissioning Australia (CODA) has been officially launched, heralding a much-needed collaborative effort to address the challenges and maximise the opportunities of decommissioning Australia’s ageing oil and gas infrastructure. To be officially launched at the AOG Energy conference, CODA has been established by Perth-based National Energy Resources Australia (NERA), the industry-led, not-for-profit organisation established in 2016 as part of the Federal Government s Industry Growth Centre initiative, with the goal of driving innovation, productivity and enhancing competitiveness in the energy resources sector. CODA brings together many of the world’s major oil and gas companies - Chevron, Woodside Energy, Santos Limited, Esso Australia Pty, Vermilion Oil and

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