W African Firm Builds LNG Import Capacity
Equatorial Guinea is set to construct the first liquefied natural gas (LNG) storage and regasification plant in West Africa, advancing efforts to monetize gas resources through the creation of a domestic gas-to-power infrastructure.Located at the Port of Akonikien, the landmark regasification plant will enable the storage, transportation and distribution of liquefied natural gas (LNG) to the country’s mainland…
EOG Bags Offshore Ireland Licence
United Kingdom-based exploration and production company Europa Oil & Gas (EOG) has been awarded a 15-year frontier exploration licence for an area in the Slyne Basin, offshore Ireland.The area includes Europa’s flagship Inishkea prospect, which lies immediately to the north-west of the producing Corrib gas field in the Corrib Field Petroleum…
Europa – Farm-Out of Holmwood, Weald Basin
The wholly owned subsidiary of Europa Oil & Gas (Holdings) plc, UK and Ireland focussed exploration, development and production company announced that its has signed a Farm-Out Agreement (`FOA') in relation to a 12.5% interest in the PEDL143 licence in the Weald Basin with a wholly owned subsidiary of Angus Energy PLC (‘Angus’). Europa…
Europa Completes Sale of Wressle Discovery Interest
Europa Oil & Gas (Holdings) plc, the AIM traded oil and gas exploration, development and production company focused on Europe, informed that its proposed sale of a 3.34% working interest in PEDLs 180 and 182 (‘the Licences’) in North Lincolnshire to Union Jack Oil plc (‘UJO’) for a cash consideration of £600,000 (‘the Transaction’) has been approved by the Oil and Gas Authority (‘OGA’).
DNV GL Undertakes New Study on EU LNG Market
Whilst LNG has proven to be a viable option as a bunkering fuel for ships, there are still challenges to the pace of its development and demand for LNG as a fuel. One of the obstacles to the accelerated uptake is the uncertainty regarding its availability. DNV GL is undertaking a new study on the LNG market in the EU as part of its efforts to drive the development of an EU-wide network of LNG refuelling points.
Europa Update on New Offshore Ireland Licensing Options
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe provides detailed technical information on the recently awarded Licensing Option (‘LO’) 16/22. Europa has a 100% interest in, and is operator of, seven licences in the Atlantic basins offshore Ireland including LO 16/22, which covers 992km2 in the Padraig Basin.
Europa Acquires Shale Petroleum
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe has completed the acquisition of Shale Petroleum (UK) Limited for a nominal consideration of £1. As consequence of this acquisition Europa has increased its equity interest in PEDL299 and PEDL343 exploration licences…
Europa Oil & Gas License Extension in the Weald Basin
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, has received notification from the Oil & Gas Authority that the PEDL 143 Licence in the Weald Basin, Surrey, UK, has been extended by two years until 1 October 2018. This will enable Europa to drill the conventional Holmwood prospect (‘Holmwood’)…
Europa Oil & Gas wins 4 LOs in Ireland Round
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, has been offered four new Licensing Options (‘LOs’) as part of phase two of the 2015 Atlantic Ireland round in the southern Porcupine Basin, the Padraig Basin and the Slyne Trough. This follows the announcement on 3 June 2016 by Seán Kyne T.D.…
Europa Identifies 3 New Prospects Off Ireland
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, has provided further details regarding the recently awarded Licensing Option 16/2 (‘LO 16/2’) in the southern Porcupine Basin, offshore Ireland, which includes three new prospects mapped on 3D seismic with gross…
Europa Wins Licensing Option in offshore Ireland
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration, development and production company focused on Europe, announced that it has been awarded a new Licensing Option (the ‘LO’) in the southern Porcupine Basin, offshore Ireland, as part of phase 1 of the 2015 Atlantic Ireland round. This follows the announcement on 11 February 2015 by the Minister of State at the Department of Communications…
Eni, Exxon, Statoil Win Irish Offshore O&G Licences
The Irish government said on Thursday it had awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil , allowing them to explore for hydrocarbons off the coast of Ireland. The energy ministry has awarded 14 new licences as a first phase of a tender for offshore blocks that gives companies access to new exploration areas for two years, it said. The round attracted 43 applications.
BP, Rosneft to Dissolve German JV
Rosneft and BP today announced that they have signed a binding agreement to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of the previously announced restructuring of the two companies’ German refining and petrochemical venture. The agreement was approved by the Rosneft Board of Directors at the meeting on December 31, 2015 and by the Board of BP Europa SE on 14 January, 2016.
Europa Oil & Gas (Holdings) Update
Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with producing and exploration assets in Europe, provided today an update from Egdon Resources (‘Egdon’) regarding the decision to proceed with the development of the Wressle oil and gas discovery (‘Wressle’) on Licence PEDL180, with first oil anticipated in H2 2016, subject to receipt of all required consents.
Europa Wins Appeal over Surrey Hills Drill Site
Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe informed that the Planning Inspectorate has allowed Europa’s appeal against Surrey County Council’s decision not to grant permission to drill one exploratory borehole and undertake a short term test for hydrocarbons…
Update on PEDL143 Licence, Weald Basin
Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, notes today’s announcement from UK Oil & Gas Investments PLC (‘UKOG’) that it has executed a Farm-in agreement with Egdon Resources (‘Egdon’) to acquire a 20% interest in the Europa operated PEDL143 licence in the Weald Basin, Surrey.
Greece Hopes for Russian Gas Pipeline Deal Soon
Greece's energy minister said Athens held "constructive" talks with the head of Russian gas giant Gazprom on Tuesday, adding he hoped the two sides would soon reach a deal on a pipeline that will bring Russian gas to Europa via its territory. "The pipeline is of big interest to our country and is among our priorities," Panagiotis Lafazanis…
Fourth Productive Interval Identified at Wressle-1 Well, Onshore UK
Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has informed today’s about the announcement by Egdon Resources (‘Egdon’) confirming the presence of an oil column in the Penistone Flags interval, which has produced at a rate equivalent to 77 barrels of…
Wressle 3rd Interval Test Results
Europa Oil & Gas (Holdings) plc, confirmed today from Egdon Resources that gas production rates of up to 1.7 million cubic feet per day (‘mmcfd’) and up to 12 barrels of oil per day (‘bopd’), following the completion of the first of two tests in the Penistone Flags reservoir at the Wressle-1 oil discovery (‘Wressle’) on Licence PEDL 180 in East Lincolnshire (‘PEDL 180’).
Europa Spuds Kiln Lane-1 Well
Europa Oil & Gas (Holdings) plc, informed that its Kiln Lane -1 conventional exploration well (‘Kiln Lane’) on Licence PEDL 181 in Northeast Lincolnshire was spudded at 0706 hours on 23 February 2015. The Company estimates Kiln Lane has mean gross un-risked recoverable resources of 2.9 million barrels of oil. Europa is operator of and has a 50% working interest in PEDL 181…
