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2013 will be more difficult than 2012 said Petrobras president Maria das Graças Foster Feb 7, 2013The President and CEO of the state controlled Petrobras, Maria das Graças Foster, with astonishing frankness that startled the market... By Peter Howard Wertheim
51 New production licences in 2012 APA Jan 15, 2013The Ministry is offering shares in 51 new production licences to 40 companies in connection with the 2012 Awards in Predefined Areas (APA 2012).
OER Signs Heads of Agreement Sep 18, 2012Oando Energy Resources Inc. and Oando Plc have announced they have entered into non-binding Heads of Agreement dated September 17, 2012, providing for...
New drilling contract for Borgland dolphin Sep 17, 2012The LOA is for a 15 well drilling contract with an estimated duration of 3 years for the semi-submersible
drilling rig Borgland Dolphin
Driling at Johan Sverdrup to determine the thickness and quality of Jurassic age sandstone reservoir. Sep 17, 2012 Lundin and Statoil has commenced the drilling of appraisal well 16/2-14 in PL265. The well is located in licence PL265 in the Norwegian North Sea.
Lukoil begins seismic survey Sep 17, 2012 The 3D seismic acquisition survey, carried out by LUKOIL Overseas, LUKOIL’s subsidiary, is underway on East Rapsodia and Trident blocks in the Romanian Sector of the Black Sea.
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Statoil clear for Canadian campaignAug 30, 2012Stavanger-based operator Statoil is set to drill three wells in promising Canadian offshore acreage while sharing the costs of another area well and maturing its new Beaufort Sea stake. By WILLIAM STOICHEVSKI
Total prepares operations to stop the leak at Elgin platform in the North Sea.Apr 3, 2012Total is preparing operations to regain control of the leaking well at Elgin platform in the North Sea.
Cairn Energy buy Agora Oil & Gas AS for $ 375 millionApr 3, 2012 Agora will add drilling activity to Cairn's 2012 exploration and appraisal programme, with nine wells, eight firm and one contingent...
Aker Solutions secures maintenance and modifications contract with BP NorwayMar 30, 2012 BP has decided to extend the maintenance and modification contract with AkerSolutions...
FMC Technologies Announces $1.5 Billion Pre-Salt Subsea Tree Agreement with PetrobrasMar 29, 2012 FMC Technologies, has signed a four-year agreement with Petrobras, for the supply of pre-salt subsea equipment.
Aker Solutions awarded subsea connection systems contract.Mar 27, 2012 Aker Solutions awarded a contract for deliver subsea connection systems for the Draugen field from Norske Shell
Lundin petroleum increases interest in Brynhild FieldMar 9, 2012 Lundin Petroleum has entered into an agreement with Talisman Energy Norge AS to acquire an additional 30 percent interest in PL148 containing..
Big Gas discovery offshore Tanzania for Statoil and ExxonMobilFeb 24, 2012The logging results after the drilling of the Zafarani exploration well in the Block 2 licence offshore Tanzania show that the discovery is a high impact discovery, so far proving up to 5 Tcf of gas in-place.
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Contract extension for Regalia at Yme for ProsafeFeb 13, 2012Talisman Energy Norge AS has extended the contract for the Regalia at the Yme field until end August 2012.
Expro’s outstanding safety standards lead to Subsea UK awardFeb 10, 2012Expro has won a coveted safety leadership award at a prestigious awards dinner in Aberdeen on February 8, 2012.
Best quarter and year financially for Statoil.Feb 8, 2012Statoil's fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increasecompared to NOK 42.8 billion in the fourth quarter of 2010
Emir of Qatar inaugurates Pearl GTL ProjectNov 22, 2011His Highness Sheikh Hamad bin Khalifa Al-Thani, The Emir of Qatar today officially inaugurated the Pearl Gas to Liquids (GTL) Project, the largest GTL plant in the world and the largest energy project in the state of Qatar.
Centrica announces £1bn Norwegian asset acquisitionNov 21, 2011Centrica plc, the parent company of British Gas, today signed a strategic agreement with Statoil ASA for the supply of 50 billion cubic metres (bcm) of gas to the UK.
BP and Partners Investing £10 Billion in UK Oil and Gas ProjectsOct 13, 2011BP and its partners are developing four new oil and gas projects that together will involve a total investment of almost £10 billion in the UK’s oil industry over the next five years...
Lukoil Secures Kazakhstan FinancingOct 10, 2011An agreement has been signed to raise a loan in the amount of up to USD 500 million for a five-year term for financing the investment program and increasing the working capital of Turgai Petroleum.
Occidental reviews 2010 progressMay 9, 2011Occidental Petroleum Corp. Executive Chairman Ray R. Irani and Oxy President and Chief Executive Officer Stephen I. Chazen reported the company's 2010 operational,
Statoil provides results for first quarter 2011May 5, 2011Statoil's first quarter 2011 net operating income was NOK 50.7 billion, a 28% increase compared to NOK 39.6 billion in the first quarter of 2010.
21st licensing award round in NorwayApr 15, 2011The Norwegian Government has decided to award 24 production licenses in the 21st licensing round...
Investments of NOK 65 billion to increase recovery in the Ekofisk AreaFeb 25, 2011The Norwegian Ministry of Petroleum and Energy today received Plans for Development and Operation (PDO) on the Ekofisk and Eldfisk fields. The project..
50 Production Licenses Offered in APA 2010Jan 18, 2011The Norwegian Government has decided to offer 50 production licenses in the awards in predefined areas 2010 (APA 2010).
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