Page 23 - Licensing Round News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The East African Tuesday June 29 2021 Workers drill an oil well in South Sudan. The country will hold a two-day National Energy Conference on June 29 and 30 to showcase its seismic data from the 14 newly discovered oil blocks to potential prospectors. PHOTO | AFP Summary Before the civil war broke out in 2013, South Sudan was producing 350,000 barrels per day, but later dropped to about 130, 000 barrels per day as most of the oil fields in the Upper Nile and Unity states were shut down. However, following the signing of the peace agreement in Khartoum in September 2018, South Sudan and Sudan ...

  1.  Parkmead is an independent, UK and Netherlands focused energy group that is listed on AIM on the London Stock Exchange (symbol: PMG). Parkmead is focused on growth in the oil and gas upstream and renewable energy sectors, targeting transactions at both asset and corporate level. 2.  In January 2018, Parkmead significantly increased its equity in the Greater Perth Area oil hub project from 60.05% to 100%. The Group also announced that it had signed an agreement with Nexen Petroleum, a subsidiary of China National Oil Corporation (CNOOC), to conduct a detailed eng...

KUALA LUMPUR: Petronas launched the Malaysia Bid Round (MBR) 2021, offering 13 exploration blocks, at a virtual event on Feb 26 which attracted over 250 potential and existing investors. These potential bidders streamed live from North America, the United Kingdom, Europe as well as Asia-Pacific, the national oil company said. "MBR 2021, themed ‘Grow Your Energy Portfolio With Us’, is set to open up more investment opportunities for investors to explore and monetise hydrocarbon resource potentials in Malaysia,” it said in a statement today. Of the 13 blocks on offer, three are situated i...

Eni reported Tuesday that it has won a new production license in the UK sector of the North Sea. Eni (NYSE: E) reported Tuesday that it has won a new production license in the U.K. sector of the North Sea. Secured via the 32 nd U.K. Offshore Licensing Round, the P2511 license encompasses approximately 131 square miles (340 square kilometers) some 155 miles (250 kilometers) offshore in the Northern North Sea, Eni noted in a written statement emailed to Rigzone. The company added the license sits near the U.K./Norwegian border – home to several recent “significant” discoveries – at wate...

For Africa’s Oil- and Gas-Producing Countries, Negotiating the Current Environment May Require…Negotiation While the details vary by country, the licensing round process has, in general, become too prone to delays and uncertainty By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, as the African oil and gas industry was looking to the future…