Four New Norwegian Exploration Licences Awarded to FaroeJan 19, 2017Faroe Petroleum has announced that it has been awarded four new prospective exploration licences, including two operatorships, under the 2016 Norwegian APA...
New Statoil Discovery Near NorneJan 18, 2017Statoil reports that 1 year after the licence award an oil and gas discovery has been made close to Norne estimated at between 20 and 80 million barrels.
DEA Awarded Two New Licences in NorwayJan 18, 2017Within the 2016 Awards in Predefined Areas (APA 2016), DEA was awarded two new licences by the Norwegian Ministry of Petroleum and Energy, thereof one as operator.
Wintershall Awarded Five Licences in the APA 2016 Licensing RoundJan 18, 2017Wintershall is continuing its growth on the Norwegian Continental Shelf. In the Awards for Predefined Areas (APA) 2016 licensing round...
Lundin Norway Awarded Four Licences in Norwegian Licensing RoundJan 18, 2017Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded four exploration licence interests in the 2016 Norwegian Licensing Round...
29 New APA Production Licences for StatoilJan 18, 2017In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS)...
APA 2016 – Considerable Interest in Further Exploration of the Norwegian Continental ShelfJan 18, 2017The Ministry of Petroleum and Energy has offered 29 oil-companies participation in 56 production licenses on the Norwegian Continental Shelf in the Award in Pre-Defined Areas 2016 (APA 2016) licensing round.
ExxonMobil Announces New Oil Discoveries Offshore GuyanaJan 13, 2017ExxonMobil has announced positive results from its Payara-1 well offshore Guyana.
Boné (Dazzler) Exploration Well Commences and Brasse Appraisal Well Added to 2017 Drilling ProgrammeJan 12, 2017Faroe Petroleum has announced the commencement of the Boné exploration well 7318/12-1 (Faroe 20%) and the decision to drill an appraisal well on the Brasse discovery in the 2017 drilling programme.
Total’s Offshore Cyprus Block 11 Could Rival Egypt’s Zohr Natural Gas DiscoveryJan 12, 2017Driven by the success of Eni’s major Zohr Field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit...
S&P Global Platts – Oil and Gas Outlook 2017Jan 9, 2017S&P Global Platts, the independent provider of information and benchmark prices for the commodities and energy markets, offers an overview of the key trends and themes to watch for in 2017.
Statoil to Increase Exploration Drilling in 2017Jan 4, 2017Statoil reports plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016.
Statoil to Drill Exploration Well in the Norwegian SeaJan 2, 2017The Petroleum Safety Authority (PSA) Norway has given Statoil consent to drill exploration well 6507/3-12 in the Norwegian Sea.
Conclusion of Tanzania DrillingDec 29, 2016Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania...
Production Starts at the Ivar Aasen FieldDec 29, 2016With the production start of the Ivar Aasen field, Wintershall is once again strengthening its position as one of the major producers on the Norwegian Continental Shelf.
One Billion Barrels from Troll BDec 21, 2016Troll B has produced one billion barrels of oil equivalent since it came on stream on 19 September 1995. Troll B and C combined have been the largest oil producer on the Norwegian continental shelf for the last three years.
BP Awarded 10% Interest in Abu Dhabi’s ADCO Onshore ConcessionDec 19, 2016BP has signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) that grants BP a 10% interest...
Empyrean Energy Granted Significant O&G Offshore PermitDec 19, 2016Empyrean Energy plc has announced that it has been awarded a permit for 100% of the exploration rights for Block 29/11, located in the Pearl River Mouth Basin, offshore China...
Shell Starts Oil Production from Malikai Deep-Water Platform in MalaysiaDec 14, 2016Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah.
Recent OPEC Agreement Reflected in US EIA ForecastDec 12, 2016The US Energy Information Administration’s new
Today in Energy brief looks at OPEC’s recent agreement to reduce oil production.
S&P Global Platts Survey – OPEC Crude Oil Production Hit New Record in NovemberDec 9, 2016Oil production from OPEC for November rose for the sixth straight month to a record 33.86 million barrels per day (b/d), according to a survey of OPEC and oil industry officials by S&P Global Platts...
Statoil Awarded Licences in Mexico’s Deepwater RoundDec 6, 2016Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1.
Total Awarded Exploration Blocks in Offshore MexicoDec 6, 2016Total has been awarded exploration licenses on 3 Blocks in offshore Mexico, following the country’s first competitive deep water bid round.
BP Announces Start of Drilling in Southern North SeaDec 6, 2016BP has announced that drilling has commenced on a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region.
