Equinor and its partners in the Carcará North block, ExxonMobil and Galp, have closed their transactions in neighbouring block BM-S-8 as announced in October and December 2017. Through these transactions, Equinor (under its former name, Statoil) sold a 36.5% interest in BM-S-8 to ExxonMobil and a 3% interest to Galp.
February 27, 2018 Aker Solutions won an order from Wintershall Norge AS to provide the subsea production system, umbilicals and services for the Nova oil and gas field offshore Norway, highlighting the value of early engagement in projects. The system will consist of two templates with manifolds, seven subsea trees
March 01, 2018 As a major draw within the oil and gas industry in recent years, International Petroleum Week (IP Week) has focused on the challenges facing operators, such as consolidation, achieving efficiencies, and streamlining operations. “IP Week, and this well-attended reception, provides us with another opportunity to demonstrate our
Oil from Emlichheim has a future Wintershall is expanding its crude oil production at its Emlichheim site in Lower Saxony (County of Bentheim). “With a 3D seismic survey we’re now laying the foundation for developing additional oil reserves on the German-Dutch border,” said Andreas Scheck, head of Wintershall Deutschland, at
Spirit Energy is extending the life of one of its key North Sea fields by tapping into new reserves this year.
Spirit, one of the top independent oil and gas operators in Europe, is to drill a new well at the Chiswick field in the Southern North Sea to bring around a further 50 billion cubic feet of gas on stream. The new well, which represents a £75million investment from Spirit,
31 January 2018 BP today announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland. BP is 100% owner of Capercaillie and the Achmelvich well partnership comprises BP (operator, 52.6%), Shell
February 1, 2018 The West Hercules semi-submersible rig has been contracted for drilling two exploration wells in the Barents Sea in 2018, and options to drill another five exploration wells. Statoil and the licence partners have signed a contract with North Atlantic Norway Ltd for use of the 6th generation
25 January 2018 Petrobras joins the international representation of OGCI OGCI brings together 10 major oil and gas companies, representing over 25% of global oil and gas production The Oil and Gas Climate Initiative (OGCI) and Petróleo Brasileiro S.A. (Petrobras) today announced that Petrobras will join the initiative. This
24.01.2018 The Norwegian Petroleum Directorate has granted Spirit Energy Norge AS a drilling permit for wellbore 35/9-14, cf. Section 15 of the Resource Management Regulations. Wellbore 35/9-14 will be drilled from the Songa Enabler drilling facility, at position 61⁰25′ 19.8727’’ North, 03⁰49’ 41.92’’ East after completing the drilling of wildcat
23 January 2018 Lundin Petroleum AB (Lundin Petroleum) is pleased to announce its 2018 development, appraisal and exploration budget which totals USD 1.05 billion and represents an 11 percent decrease on 2017 capital expenditure. The production guidance for 2018 is between 74 to 82 thousand barrels of oil equivalent per