BP Begins Production at Super-Giant Zohr Gas FieldDec 21, 2017BP has confirmed that production has started from the super-giant Zohr gas field, offshore Egypt.
TechnipFMC Awarded Integrated EPCI (iEPCI™) Contract for the VNG Fenja ProjectDec 20, 2017TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from VNG Norge AS.
Fenja Field Development Plan SubmittedDec 20, 2017Faroe Petroleum has announced that the partners in the Fenja (previously named Pil/Bue) field (licence PL586) have submitted the Plan for its Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy.
Total Launches Large-Scale Development of the Giant Libra FieldDec 19, 2017Total has announced that it has taken the investment decision for the first large-scale development phase of the Libra project, located deep offshore, 180 kilometres off the coast of Rio de Janeiro...
Production Begins 1 Year Ahead of Schedule at Wintershall’s Maria FieldDec 18, 2017Wintershall and its licence partners Petoro and Spirit Energy have started production at the Maria field one year ahead of schedule. Costs have been reduced by more than 20% compared to plan.
Statoil Acquires 25% of the Roncador Field in Brazil and Advances its Strategic Partnership with PetrobrasDec 18, 2017Statoil ASA and Petróleo Brasileiro S.A. – Petrobras – have agreed that Statoil will acquire a 25% interest in Roncador, a large oil field in the Campos Basin in Brazil.
Successful Drilling Operations in MoroccoDec 18, 2017SDX Energy Inc., the North Africa focused oil and gas company, has announced that the KSR-15 well on the Sebou permit in Morocco (SDX 75% working interest) has been completed and tested...
Statoil Awards Long-Term Subsea Contracts on the Norwegian Continental ShelfDec 15, 2017Statoil has awarded new subsea maintenance framework agreements to Aker Solutions, TechnipFMC and OneSubsea.
Statoil and QGEP Complete Transaction on the Carcará Oil Discovery in BrazilDec 14, 2017Statoil and Queiroz Galvão Exploração e Produção (QGEP) have completed their transaction announced in July 2017, whereby Statoil has acquired QGEP’s 10% interest in the BM-S-8 block in Brazil’s Santos basin...
ExxonMobil Completes LNG Acquisition in Mozambique Area 4Dec 14, 2017ExxonMobil has announced the completion of a transaction by ExxonMobil Development Africa B.V. to acquire a 25% indirect interest in Mozambique’s gas-rich Area 4 block from Eni...
Recommencement of Production and Infill Programme at the Tambar FieldDec 14, 2017Faroe Petroleum reports that production from the Tambar field in Norway (Faroe 45%) has recommenced, following the tragic accident on the
Maersk Interceptor...
Proven MAN Compression Technology for Offshore Gas ProductionDec 7, 2017Aker BP’s offshore platform Ivar Aasen has started production in the Norwegian North Sea. The facility features MAN’s hermetically-sealed motor-compressor HOFIM™...
Johan Castberg Plan for Development and Production SubmittedDec 6, 2017Statoil has submited the PDO (plan for development and operation) for the Johan Castberg project on behalf of the partnership with Eni and Petoro.
Aker Solutions Wins Johan Castberg OrdersDec 6, 2017Aker Solutions won key work to help Statoil develop the Johan Castberg field, the largest oil discovery in the Norwegian Barents Sea.
Europa Oil & Gas P2034 Offshore Licence SaleDec 5, 2017Europa Oil & Gas (Holdings) plc has announced the sale of its 50% interest in Promote Licence P2304...
DUC Partners Approve the Largest Ever Danish North Sea InvestmentDec 4, 2017Maersk Oil has announced that the Danish Underground Consortium (DUC) has approved an investment of approximately DKK 21 billion in the full redevelopment of the Tyra gas field.
Iris/Hades Exploration Well CommencesNov 29, 2017Faroe Petroleum has announced the commencement of the Iris/Hades (Aerosmith) exploration well, 6506/11-10 (Faroe 20%) in licence PL644/PL644 B.
ExxonMobil Starts Production at Hebron FieldNov 29, 2017Exxon Mobil Corporation has announced that the Hebron project started production safely and ahead of schedule. At its peak, the project will produce up to 150,000 barrels of oil per day.
New Integrated Operations Centre Aims at Capturing Additional Value on the NCSNov 29, 2017Statoil will in 2018 establish a new onshore integrated operations centre (IOC) that will help increase safety, add value and reduce emissions from our installations on the Norwegian continental shelf (NCS).
Brazil’s Giant Libra Field Comes On StreamNov 28, 2017Total has announced first oil from the Libra mega-field, located in ultra-deep waters 180 kilometres offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil.
Statoil Takes Over Operatorships and Equity in the Martin Linge Field and Garantiana DiscoveryNov 28, 2017Statoil and Total have agreed on a transaction whereby Statoil will acquire Total’s equity stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf (NCS).
Non-Commercial Gas Discovery on the Hufsa Prospect in the Southern Barents SeaNov 23, 2017Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea.
DEA Awards Dvalin Drilling Contract to TransoceanNov 22, 2017Transocean Norway Operations AS, with the drilling rig
Transocean Arctic, has been awarded the contract to drill production wells at the Dvalin field in the Norwegian Sea.
BP to Sell Bruce Assets to SericaNov 21, 2017BP has agreed to sell a package of its interests in the Bruce assets in the North Sea to Serica Energy plc.
