Njord A Towed to Kværner StordAug 28, 2016
Statoil reports that the Njord A platform has arrived at Kværner Stord. The platform will now be reinforced and renovated for production beyond 2030.
Fram C East Starts Production to the Troll C PlatformAug 25, 2016
A simple, smart concept and increased drilling efficiency have shaved some NOK 200 million off the capital expenditures of this already resilient development project after the investment decision, reports Statoil.
Europa Provides Technical Update on LO 16/22, Offshore IrelandAug 23, 2016
Europa Oil & Gas (Holdings) plc has provided detailed technical information on the recently awarded Licensing Option (LO) 16/22.
PDO for Byrding SubmittedAug 22, 2016
Statoil and its partners have submitted the Plan for Development and Operation of the Byrding (previously Astero) oil and gas discovery in the North Sea to government authorities.
Delek Drilling and Avner Agree to Sell Karish and Tanin FieldsAug 18, 2016
Delek Drilling and Avner, part of Israel’s integrated energy company, have signed a deal for the sale of 100% of their holdings in the Karish and Tanin...
Consent for use of Island Frontier and Island Wellserver at SigynAug 12, 2016
Norway’s Petroleum Safety Authority has granted ExxonMobil consent to use the two mobile drilling facilities Island Frontier
and Island Wellserver
for undertaking light well intervention...
Statoil Submits Utgard Plan for Development and OperationAug 10, 2016
Statoil and its partners have submitted the Plan for Development and Operation (PDO) and the Field Development Plan (FDP) for the Utgard...
Total Starts Up Production at Incahuasi Gas FieldAug 3, 2016
Total has put on stream the Incahuasi gas and condensate field, the Group’s first operated development in Bolivia, with a production capacity of...
Statoil Acquires Operated Interest in Brazilian Offshore LicenseJul 29, 2016
Statoil ASA and Petróleo Brasileiro S.A. - Petrobras have agreed that Statoil will acquire Petrobras’ 66% operated interest of the BM-S-8 offshore license in Brazil’s highly prolific Santos basin. The acquisition includes a substantial part of the Carcará oil discovery...
Shell Announces Fort Sumter Discovery in Gulf of MexicoJul 29, 2016
Shell has announced a new exploration discovery in the deep water US Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than...
Production Start at New Gas Fields in Medimurje ProjectJul 29, 2016
MOL’s Croatian subsidiary INA has successfully started its test production in two of its gas fields in Croatia, following a USD 64 million (HRK 450 million) investment program...
Marathon Oil Announces First Gas from Alba B3 Compression PlatformJul 15, 2016
Marathon Oil Corporation has announced that it has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea.
Successful Side-Track Appraisal and Volume Estimate at BrasseJul 11, 2016
Faroe Petroleum has announced the completion of a successful side-track appraisal well on the Brasse discovery in licence PL740 in the Norwegian North Sea...
Award of New License in Irish Atlantic MarginJul 7, 2016
Faroe Petroleum has announced an award of a new license under Ireland’s 2015 Atlantic Margin Licensing Round.
Chevron Approves Next Major Tengiz Expansion Project in KazakhstanJul 6, 2016
Chevron Corporation has announced that its 50% owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project...
Statoil Completes Transaction with LundinJul 2, 2016
Statoil ASA and Lundin Petroleum have completed their previously announced transaction, whereby Statoil has sold its entire 15% interest in the Edvard Grieg field for an increased shareholding in Lundin Petroleum.
Construction Start on Johan Sverdrup Riser PlatformJul 1, 2016
Statoil reports that the riser platform construction has begun at the Samsung Heavy Industries yard in South Korea. “As we are starting the riser platform construction we are taking another important step in delivering the Johan Sverdrup project on schedule...
PDO for Oseberg Vestflanken 2 SanctionedJun 15, 2016
Statoil reports that the Ministry of Petroleum and Energy has sanctioned the Plan for Development and Operation (PDO) of Oseberg Vestflanken 2.
Europa Oil & Gas Offered New Offshore Ireland Licensing OptionsJun 6, 2016
Europa Oil & Gas (Holdings) plc cements its position in the Atlantic basins of Ireland after offer of 4 new licences in latest licensing round...
Statoil Secures Additional Equity in UK LicenceJun 5, 2016
On 1 June 2016, Statoil agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK licence for the Utgard field.
Halliburton and Eclipse Resources Team to Complete Longest Lateral Well in the USJun 1, 2016
Halliburton has announced that it worked with Eclipse Resources Corporation to complete hydraulic fracturing of the extended reach lateral test well known as “Purple Hayes”.
Gas Pioneer Heimdal Turns 30May 31, 2016
Statoil celebrates the 30th anniversary for Heimdal field – an important gas supplier to Europe and, together with Statfjord and Gullfaks, contributed to the...
New Company Focused on Well Decommissioning LaunchedMay 30, 2016
A new company focused on the plugging and abandonment of wells in the North Sea’s decommissioning sector has been set up by three oil and gas industry veterans.
Statoil – Three Wells for the Price of OneMay 30, 2016
Old and partly lost slots that were given up as providers of new production triggered new solutions for Snorre B. The result was three wells with an average price of NOK 170 million, compared to NOK 490 as reference base.