Gas Discovery at KSR-15 Well, MoroccoNov 14, 2017SDX Energy Inc. has announced that a gas discovery has been made at its KSR-15 development well on the Sebou permit in Morocco (SDX 75% Working Interest).
Statoil Inaugurates Norway’s First Remote-Operated from Land PlatformNov 10, 2017On Thursday 9 November, the opening of the Valemon control room was celebrated at Sandsli in Bergen. Valemon will be the first platform in Statoil’s portfolio to be remote-controlled from land.
New Gas Module at Troll CNov 7, 2017The partners in the Fram licence have decided to invest in a new project to increase production from the Fram field in the North Sea. The decision is taken in agreement with the partners in the Troll licence.
Shell Winning Bids Expand Pre-Salt Growth in Deep-Water BrazilOct 30, 2017Royal Dutch Shell plc and its partners have won three, 35-year production sharing contracts for pre-salt blocks located in the Santos Basin, offshore Brazil.
Statoil Shapes and Strengthens its Position in the Carcará Oil Discovery in BrazilOct 30, 2017Statoil Brasil Oleo e Gas Ltd., a subsidiary of Statoil ASA, ExxonMobil Exploracao Brasil Ltda., a subsidiary of Exxon Mobil Corporation, and PETROGAL BRASIL, S.A., a subsidiary of Galp, were the high bidders for a production sharing contract...
Neuquén Province Approves ExxonMobil’s Investment Plan for Los Toldos I South BlockOct 26, 2017ExxonMobil has announced that the Neuquén Province government has approved the investment plan for the development of a 35-year unconventional exploitation concession in the Los Toldos I South block.
Faroe Begins Tambar Infill Drilling ProgrammeOct 25, 2017Faroe Petroleum has announced that drilling operations have commenced on the Tambar development project in the producing Tambar field in Norway...
Aker BP Acquires Hess NorgeOct 24, 2017Aker BP ASA has entered into an agreement to acquire Hess Norge AS. Through the transaction, Aker BP strengthens its production and resource base, and becomes the sole owner of the Valhall and Hod fields...
Lundin Petroleum Spuds Exploration Well on the Hufsa Prospect in the Southern Barents SeaOct 10, 2017Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 7219/12-2 on the Hufsa prospect...
Statoil Oil Discovery in Verbier Sidetrack on UK Continental ShelfOct 10, 2017Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the...
ExxonMobil Announces Fifth Discovery Offshore GuyanaOct 6, 2017Exxon Mobil Corporation has announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana.
DEA Deutsche Erdoel AG Becomes Operator in MexicoOct 6, 2017Deutsche Erdoel AG has acquired a 50% licence share and operatorship of the onshore oil field Ogarrio in the Tabasco State of Mexico.
TechnipFMC Awarded EPCI Contract for the Statoil Peregrino Phase II Project in BrazilSep 28, 2017TechnipFMC has been awarded by Statoil an Engineering, Procurement, Construction and Installation contract.
ExxonMobil Continues to Increase Acreage Position in Permian BasinSep 28, 2017Exxon Mobil Corporation has announced it has added 22,000 acres to its Permian Basin portfolio since May through a series of acquisitions and acreage trades.
International Petroleum Corp. Announces Strategic AcquisitionSep 26, 2017International Petroleum Corporation (IPC) has announced that a wholly owned subsidiary of IPC has entered into an agreement with Cenovus Energy Inc. to acquire all of Cenovus’ interests in the conventional oil and natural gas...
BP Starts Production from Giant Khazzan Gas FieldSep 25, 2017BP, together with the Ministry of Oil & Gas of the Sultanate of Oman, has announced that production has begun from the giant Khazzan gas field, which is operated by BP in partnership with Oman Oil Company Exploration and Production.
Total Signs Agreement with Chevron on Exploration in Deepwater GoMSep 22, 2017Total has announced that its subsidiary, Total E&P USA, Inc., has entered into an agreement to capture seven prospects operated by Chevron U.S.A. Inc. in the deepwater Gulf of Mexico.
The Azerbaijan Government and Co-Venturers Sign Amended and Restated Azeri-Chirag-Deepwater Gunashli PSASep 15, 2017The Azerbaijan government and the State Oil Company of the Republic of Azerbaijan (SOCAR), together with BP, Chevron, INPEX, Statoil, ExxonMobil, TP, ITOCHU and ONGC Videsh have signed the amended and restated agreement...
Goanna Exploration Well ResultsSep 12, 2017Faroe Petroleum has announced that drilling has reached the target depth on the exploration well 33/9-22 S (Faroe carried interest 30%) in licence PL 881.
Further Improvements on the Johan Sverdrup ProjectSep 4, 2017Lundin Petroleum AB has announced that Phase 1 of the Johan Sverdrup project is over halfway complete and that the partnership has further reduced the gross capital expenditure to NOK 92 billion.
KUFPEC Doubles its Interest in Gina KrogAug 31, 2017Kuwait Foreign Petroleum Exploration Company k.s.c. (KUFPEC) has announced that its wholly owned subsidiary KUFPEC Norway AS has reached agreement to acquire a 15% interest in the Gina Krog field from Total E&P Norge AS...
Energean Receives Field Development Plan Approval for Karish and Tanin Gas FieldsAug 31, 2017Energean Oil & Gas has announced that its subsidiary Energean Israel, a 50/50 JV between Energean and Kerogen Capital, has received approval from the Israeli Petroleum Commissioner for its Field Development Plan (FDP) for...
Total Starts-Up Production of the Edradour & Glenlivet fields in the West of ShetlandAug 31, 2017Total has started-up production from the Edradour & Glenlivet gas and condensate fields, located in about 300 to 435 metres of water in the West of Shetland area...
Small Gas Discovery on the Korpfjell Prospect in the Southeastern Barents SeaAug 29, 2017Lundin Petroleum AB has announced that Statoil AS has completed the Korpfjell exploration well 7435/12-1 in PL859 in the southeastern Barents Sea. The well proved a small, non-commercial gas discovery.