Skarfjell Development Concept SubmittedFeb 16, 2017
Wintershall and its license partners Capricorn, Bayerngas, Edison and DEA have selected a development solution for the Skarfjell field in the Norwegian North Sea.
Public Consultation Begins on Brent Field Decommissioning ProgrammeFeb 9, 2017
An extended 60-day public consultation on recommendations to decommission the Brent oil and gas field in the North Sea has begun, following submission by Shell U.K. Limited...
Farm-in to Kudu field in NamibiaFeb 8, 2017
BW Kudu Limited (a wholly owned subsidiary of BW Offshore) has entered into a farm-out agreement for a 56% stake of the Kudu license offshore Namibia.
Gas Discovery Near North Sea Valemon FieldFeb 3, 2017
Two years after Valemon came on stream Statoil reports making a new gas discovery on the field, called Valemon West. The discovery is estimated to contain between 20 and 50 million barrels of oil equivalent.
Chrysaor Acquires Asset Package from ShellFeb 1, 2017
Chrysaor Holdings Limited, the UK oil and gas independent, is to acquire a package of assets in the UK North Sea from Shell UK Limited and its affiliates for a price of USD 3 billion.
Shell Signs Agreement to Sell its Stake in Thailand’s Bongkot FieldFeb 1, 2017
Shell has reached an agreement with KUFPEC Thailand Holdings Pte Limited for the sale of subsidiary companies Shell Integrated Gas Thailand Pte Limited and Thai Energy Co Limited...
BP Thunder Horse South Expansion Starts Up Ahead of Schedule and Under BudgetJan 24, 2017
BP has announced that it has started up the Thunder Horse South Expansion project in the deepwater Gulf of Mexico 11 months ahead of schedule and USD 150 million under budget.
BP’s Juniper Platform Sets Sail for Offshore TrinidadJan 23, 2017
BP Trinidad and Tobago LLC (bpTT) has announced that the new Juniper offshore platform has begun its journey towards the southeast coast of Trinidad...
Four New Norwegian Exploration Licences Awarded to FaroeJan 19, 2017
Faroe Petroleum has announced that it has been awarded four new prospective exploration licences, including two operatorships, under the 2016 Norwegian APA...
Approval for Utgard and ByrdingJan 18, 2017
Statoil’s plans for development and operation for the Utgard and Byrding fields in the North Sea have been approved by the Norwegian authorities.
New Statoil Discovery Near NorneJan 18, 2017
Statoil 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.
ExxonMobil to Acquire Companies Doubling Permian Basin Resource to 6 Billion BarrelsJan 18, 2017
Exxon Mobil Corporation reports that it will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by...
DEA Awarded Two New Licences in NorwayJan 18, 2017
Within 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, 2017
Wintershall 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, 2017
Lundin 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, 2017
In 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, 2017
The 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, 2017
ExxonMobil 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, 2017
Faroe 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.
Energean to Develop Karish and Tanin with FPSOJan 12, 2017
Energean Oil & Gas has outlined initial details for the development of the Karish and Tanin Natural Gas Fields.
Total’s Offshore Cyprus Block 11 Could Rival Egypt’s Zohr Natural Gas DiscoveryJan 12, 2017
Driven 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...
Total to Acquire an Additional Interest in the Uganda Lake Albert ProjectJan 11, 2017
Total and Tullow have entered into a package agreement under which Total will acquire an additional 21.57% interest from Tullow in the Uganda Lake Albert oil project.
1 Billion Barrels Produced at ValhallJan 5, 2017
Valhall and Hod have passed one billion barrels of oil equivalents (oil, gas and NGL) produced – thus more than three times what was expected at the opening of the field in 1982.
Fagioli and RINA Services Ensure Smooth Installation of Colossal Hebron Platform TopsidesJan 5, 2017
The Hebron oil field is located offshore Newfoundland and Labrador, Canada in the Jeanne d’Arc Basin. The field has undergone significant development...