Oil Spill Response Limited (OSRL), the global oil spill response cooperative funded by more than 160 environmentally responsible oil and energy companies, announced the opening of a new base with enhanced response capabilities at Loyang in Singapore yesterday. The opening of the base is a milestone event for the maritime and oil and gas industries [...]
Based on the results of the 22nd licensing round conducted by the Norwegian Ministry of Oil and Energy, Russian oil company LUKOIL was awarded two licenses in the Norwegian sector of the Barents Sea. These licenses are: – Block 719 (Fingerdjupet Region) with LUKOIL holding a 30% interest, Centrica – 50% interest (operator) and North [...]
June 14, 2013 | Posted in
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Project management and development engineering specialist EPC Offshore has signed an agreement with Total E&P UK Ltd (TEP UK) to provide support services at its natural gas and condensate discovery in the Atlantic. Edradour, located in Block 206/4 of the UK Continental Shelf, is expected to start pumping in 2016, will be linked to the [...]
Maersk Oil Norway has been offered 20% interest in a new license (PL710) in the Barents Sea in the 22nd licensing round. Operator of the licence will be Total E&P Norge AS with 40% interest. Other partners are Tullow Oil Norge AS and GDF Suez E&P Norge AS each with 20% interest. “This is Maersk [...]
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, Norway and the UK, announces the 22nd Norwegian Licence Round award of a new licence PL716 in the Barents Sea. The Dazzler prospect contained within PL716 (Faroe 20%) is located 90 kilometres to the north [...]
Statoil together with PL265 partners have drilled an important appraisal well in the western part of the Johan Sverdrup field. The well drilled by the Ocean Vanguard rig, consisted of a main wellbore 16/2-17S which was an appraisal in the western part of Johan Sverdrup, and a sidetrack 16/2-17B which tested potential in the Cliffhanger [...]
June 13, 2013 | Posted in
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Rolls-Royce Plc announced today that it has signed a contract with Detroit Chile SA for the delivery of offshore cranes to four platform supply vessels (PSVs) under construction at Detroit Brasil Ltda. shipyard, in Itajaì, Brazil. The delivery from Rolls-Royce will include four ship sets of the award winning dual draglink crane – eight cranes [...]
June 13, 2013 | Posted in
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The Norwegian government has decided to offer 24 licenses in its 22 licensing round. The awards include 20 licenses in the Barents Sea and four in the Norwegian Sea. Out of the 36 companies which applied for the acreage in this round, 29 companies have been offered shares, while 14 companies are offered operatorship. “I am very [...]
Rocksource has today annonuced the award of three new licences in the 22nd Licensing Round on the Norwegian Continental Shelf announced today by the Ministry of Petroleum and Energy. The awards are: PL 717 Coma Rocksource is awarded partnership (20 per cent share) in PL 717, located on the western part of the Loppa High, Barents Sea. This licence covers [...]
Panoro Energy ASA’s has agreed in principle the terms of sale with an undisclosed buyer for its 6.502 % participating interest in the OML 113 license offshore Nigeria, which includes the Aje field, for a total consideration of USD 30 million saction to be paid in cash upon closing. Execution of the agreement will take place subject to waiver of pre-emption [...]
