Sojitz Corporation Company News

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VAALCO Agrees to Acquire Sojitz's Stake in Etame Marin Permit Off Gabon
VAALCO agrees to acquire Sojitz's 3.23 percent participating interest in the Etame Marin Permit offshore Gabon.
8:00 PM EST | August 01, 2016
IPR Scores Another Alam El Bueib Discovery in Egypt's Western Desert
IPR, and its partner, Sojitz Oil and Gas, have discovered another oil bearing structure in the underlying Alam El Bueib sands in the Yidma-Alamein License in Egypt's Western Desert.
8:00 PM EST | September 01, 2010
VAALCO Buys More Time for Etame Permit Off Gabon
VAALCO Energy has successfully negotiated an extension to its Etame Marin Exploration Permit offshore Gabon three years beyond the original expiration date of July 2011.
7:00 PM EST | November 30, 2009
Ocean Patriot Completes Drilling Program at BMG Field
Following completion of the Basker-7 development well as a future producer, the Ocean Patriot rig has departed the BMG field having completed the 2009 workover and drilling program ahead of schedule.
8:00 PM EST | September 02, 2009
Pertamina Picks Up Stake in Offshore BMG Project
Anzon Australia has completed the sale of a 10% participating interest in Production Licenses VIC/L26, VIC/L27 and VIC/L28, offshore Victoria, which include the BMG project, to a subsidiary of Pertamina.
8:00 PM EST | August 18, 2009
Roc Oil Highlights Workover Program at BMG Oil and Gas Field
Anzon Australia, a wholly owned subsidiary of ROC, has provided an update on BMG Oil and Gas Field operations.
8:00 PM EST | August 03, 2009
Chevron Taps First Oil from Frade Field Offshore Brazil
Chevron commenced crude oil production from the Frade Field, the company's first operated deepwater development in Brazil.
8:00 PM EST | June 22, 2009
BMG JV Suspends B5 Workover, Moves Ocean Patriot to B3 Well
Anzon Australia advised that the Basker-5 well workover has been suspended and the Ocean Patriot rig moved to the Basker-3 well workover.
8:00 PM EST | June 22, 2009
Ocean Patriot Spins Bit for BMG Drilling Program
The Ocean Patriot rig has commenced the 2009 drilling program for the BMG Project.
8:00 PM EST | June 15, 2009
BMG Project Participants File Defense in Australian Court
Today, the participants in the BMG Project have jointly filed a Defence to the Statement of Claim in the Federal Court of Australia related to BW Offshore's claim seeking recovery costs for the BMG Phase 2 Project.
8:00 PM EST | April 16, 2009
DECC Approves Centrica's UK Seven Seas Field Development
Centrica's Seven Seas gas field in the UK Southern North Sea has received development consent from the Department of Energy and Climate Change.
8:00 PM EST | March 23, 2009
Baker-Manta-Gummy JV Swaps Rigs, Trims Project Costs by $100MM
The Basker-Manta-Gummy JV will focus on enhancing the production performance of its Phase 1 oil project, and will cut costs for its Phase-2 gas project by $100 million.
8:00 PM EST | March 16, 2009
BW Offshore Files Claim against BMG Project Participants
AZA received notice of a claim against the participants in the BMG Project by BW Offshore in the Federal Court of Australia seeking recovery of costs relating to terminating third party vendor contracts.
7:00 PM EST | February 19, 2009
Afren to Maximize Okoro Setu Production, Sees Strong Growth in '09
Afren and Amni's near term focus will be to continue to maximize production from the Okoro Setu field in Nigeria, while reducing field operating costs to reflect the current oil price environment.
7:00 PM EST | December 15, 2008
Afren, Sojitz JV to Hunt for, Invest $500MM in African Asset Opportunities
Afren has entered into a strategic alliance with Sojitz Corporation to jointly pursue significant acquisition opportunities in Africa.
8:00 PM EST | October 08, 2008
Anzon's Basker, Manta Fields Reach 7,550 BOPD Production in Q2
Anzon Energy issued a production and exploration activities report for the second quarter ended June 30, 2008. Oil from the Basker and Manta fields averaged 7,550 bopd.
8:00 PM EST | July 30, 2008
Anzon JV Inks LOIs for FPSO and Rig for Australian BMG Project
The Basker Manta Gummy (BMG) Joint Venture has announced its intent to move forward on a major expansion of its Oil & Gas Development in the Gippsland Basin (Vic L26, L27 and L 28). The JV signed two LOIs for an FPSO and the rig Songa Venus.
8:00 PM EST | July 06, 2008
Anzon Reports Successful Completions at Basker 6 ST1
Since the last Basker 6 ST1 report the weather in Bass Strait has abated and operations to complete the well have continued successfully.
8:00 PM EST | May 01, 2008
Beach Successfully Completes Sojitz Transaction for BMG
Beach received a cash payment from Sojitz of A$123 million on 24 April 2008. The transaction remains subject to approval of the regulatory authority.
8:00 PM EST | April 28, 2008
Caza Enters Farm-out Agreement In Wilcox 116
Under the terms of the agreement Sojitz has acquired a 10% interest in the Wilcox 116 Property. In return Sojitz will bear 13.33% of the drilling costs to casing point of the Jonell Cerny Gas Unit #1 test well.
7:00 PM EST | February 17, 2008
Helix Sells Stake in Three Gulf of Mexico Fields
Energy Resource Technology GOM, Inc. has sold its interests in the Phoenix, Boris and Little Burn oilfield to Sojitz Corporation for a cash payment of $40 million.
8:00 PM EST | October 01, 2007
JBIC Signs US$170mn Frade Field Deal
Japan's international development bank JBIC has signed a U$170mn loan agreement with Japan's FJPL oil consortium for the development of the offshore Frade field in Brazil, JBIC said in a statement.
8:00 PM EST | March 27, 2007
VAALCO Energy Begins Avouma Production
VAALCO Energy says that oil production has begun from the Avouma Field off the coast of Gabon in West Africa.
7:00 PM EST | January 15, 2007
BP Indonesia Hopes to Secure Another $900M for Tangguh
BP Indonesia hopes to secure the remaining US$900 million needed for the Tangguh liquefied natural gas project by the end of next year, according to the company's executive vice president in charge of the Tangguh enterprise, Budiman Parhusip.
7:00 PM EST | December 11, 2006
Sojitz to Participate in Newfield's UK Southern Gas Basin Program
Newfield Exploration has entered an agreement with Sojitz relating to Newfield's Southern Gas Basin exploration and development program.
8:00 PM EST | September 11, 2006
Chevron & Partners Commit to Frade Field Development
Chevron along with partners Petrobras and Frade Japao Petroleo Limitada have committed to develop the Frade oil field offshore Brazil. The Frade Field is Chevron's first oil field development project in Brazil.
8:00 PM EST | June 20, 2006
ATP Improves Returns by Adding Partner at Tors
ATP Oil & Gas has agreed to sell 15% of the ATP 100% working interest in the Tors fields (Garrow and Kilmar) in the Southern Gas Basin of the UK North Sea to Sojitz Energy.
7:00 PM EST | November 30, 2005