The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-20, in the Norwegian sector of the North Sea. Well 16/2-20 will be drilled from the Island Innovator drilling facility at position 58°56’25.80’’ north and 02°25’34.09’’ east in production licence 501. The drilling programme for well 16/2-20 relates to drilling of a wildcat [...]
The Norwegian Petroleum Directorate has granted RWE Dea Norge AS a drilling permit for well 6608/2-1 S, in the Norwegian Sea. Well 6608/2-1 S will be drilled from the Transocean Winner drilling rig. The drilling programme for well 6608/2-1 S relates to drilling of a wildcat well in production licence 330. RWE Dea Norge AS [...]
Ithaca Energy Inc. announces the execution of a farm-out transaction with Shell UK Limited in respect of the UK exploration assets acquired pursuant to the acquisition of Valiant Petroleum plc (“Valiant”), completed on 19 April 2013 (the “Acquisition”). Since the announcement of the Acquisition, the Company has reduced its net exploration expenditure commitments by over [...]
Statoil Petroleum AS (Statoil) has received consent to carry out exploration drilling of well 16/2-17 B at the Johan Sverdrup field in the Norwegian par of the North Sea, using the Ocean Vanguard semi-submersible drilling rig. In February 2013, Statoil received consent to drill appraisal well 16/2-17 S at the Johan Sverdrup field in the [...]
Nordic Energy PLC, a company focused on making investments in the North Sea oil and gas sector, has announced NikOil Limited `NikOil’), a private company jointly owned by the Directors of Nordic, has been awarded by the Danish Government the 3,600 sq km offshore exploration and production licence 01-13 (`the Licence’) located in a working hydrocarbon system off the west [...]
Fairfield Energy, the North Sea-focused independent oil and gas company, has announced the start of a 400km² Broadband 3D seismic survey over their recently awarded 27th Round Licence P2089 Block 43/28. The survey will be acquired by Polarcus and will fulfil the firm commitment work programme on the licence, where wholly owned subsidiary Fairfield Cedrus [...]
Eleven leading companies in Europe have joined forces in the newly established North Sea Power to Gas Platform to further develop the concept of Power-to-Gas (P2G): the conversion of renewable power into gas. P2G will play an increasingly important role in our future energy system, as it reduces temporal surpluses of renewable power by converting [...]
American LNG solutions company Excelerate Energy will place a floating storage and regasification unit (FSRU) in the Black Sea near the southern Ukrainian city of Odesa. Such is the outcome of the agreement signed between the company and the Ukrainian state enterprise LNG Terminal National Project, as reported by the official website of the State [...]
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Statoil Petroleum AS, operator of production licence 360, is about to complete drilling of wildcat well 16/8-3 S, offshore Norway. The well was drilled about 40 kilometres east of the Sleipner Øst field and 60 kilometres south of the Johan Sverdrup discovery in the central part of the North Sea. The objective of the well [...]
The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG), tracks upstream activity across North West Europe and found that both drilling and [...]
