French oil giant, Total, operator of the Hild license, launches the development of Hild field located in the Norwegian North Sea. This development will represent an investment of US$4.2 billion (NOK 25.6 billion) and is subject to the approval of the Norwegian Ministry of Petroleum and Energy and Norwegian Parliament (Storting). Total holds a 51 [...]
February 2, 2012 | Posted in
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Petroleum Safety Authority Norway has granted consent to Total E&P Norge AS has for use of the mobile facility Borgland Dolphin for drilling and completion of a production well in production licence 102 C. Total E&P Norge AS has been given approveal for use of Borgland Dolphin for drilling of production well 25/5-D-1 H. The [...]
The number of companies that have bought the NPD’s seismic data package from Lofoten and Vesterålen has risen to a total of 9. On January 11, the Norwegian Petroleum Directorate announced that seven companies, Statoil, ExxonMobil, Norske Shell, RWE Dea Norge, GDF Suez, Dong Energy and Det norske oljeselskap, had bought the seismic data package. [...]
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Minister of Petroleum and Energy Ola Borten Moe received the Plans for development and operation (PDO) for the oil and gas discoveries Hild and Luno Thursday. Total is the operator of the Hild development, and Lundin is the operator of Luno. – Through these developments, two new companies will become operators of independent fields and [...]
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body today released preliminary production figures for December 2011. The figures show an average daily production of about 1 990 000 barrels of oil, NGL and condensate. This is a decrease of 60 000 barrels compared to November. Total gas sale were about 10.5 billion [...]
Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) announced today that it has agreed to dilute its share in three deep-offshore exploration blocks in the Makassar Strait in Indonesia to French supermajor Total. The farm-out agreement includes the dilution of PTTEP’s 33% share in South Mandar block and 10% share in Sadang block together [...]
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Total and its joint venture partner INPEX CORPORATION today announced that they have taken the final investment decision for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Total holds a 24% interest in the project which will develop approximately 3 billion barrels oil equivalent of reserves, including [...]
The Ramform Valiant, a seismic vessel owned and operated by Petroleum Geo-Services ASA, has started acquisition of over 26,000 km² of GeoStreamer® data in five blocks in the Kwanza/Benguela Basins in Angola. The size of the survey area corresponds to an area slightly larger than Massachusetts or Wales. Following the block awards made on December [...]
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INPEX and TOTAL today finalised the sale of the total volume of LNG from the Ichthys LNG Project with the signing of legally binding Sales and Purchase Agreements (SPA) with CPC Corporation, Taiwan (CPC), Chubu Electric Power Company, Inc. (Chubu Electric) and Toho Gas Co., Ltd. (Toho Gas). Under the SPAs, Ichthys LNG Pty Ltd, [...]
January 10, 2012 | Posted in
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Songa Offshore, Cyprus-based offshore drilling company, today provided a fleet update for October 2011. Songa Venus remained on location for Petronas Carigali, Malaysia through-out the period. The rig was shut down during the majority of the period and completed earlier announced repairs and testing of re-worked BOP components on December 19. The unit achieved 100% [...]
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