Search results for: PL

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A list of search results

  • 23 February 2015
    Business & Finance

    Atlantic Petroleum has entered into a farm-down option deal with Statoil Petroleum related to the PL704, PL705 and PL802 licences in the Vøring Basin, off Norway. Atlantic Petroleum currently holds 30% in PL704 and PL705, and 20% in PL802. PL704, PL705 and PL802 are located in the western part of the Vøring Basin, close to the Asterix gas discovery. […]

  • 10 June 2014
    Business & Finance, Project & Tenders

    Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has entered into an agreement with Det norske oljeselskap ASA to purchase 10% in PL 558. PL558 is located in the Norwegian Sea east and adjacent to the Skarv Field. The well will be spudded in the near future and is scheduled for 29 days. The transaction is pending […]

  • 9 May 2012
    Business & Finance

    Spring Energy will operate PL 550 & PL 551 with 80 % interest, and the PL 551 license is targeting to drill a well in 2013.

  • 13 May 2013
    Business & Finance, Operations & Maintenance

    Statoil and Total have reached agreement on asset swap in the Barents Sea. Statoil acquires 10% equity in PL535 in exchange for 10% equity in PL395. Production licenses PL395 and PL535 are situated on the Bjarmeland Platform in the central Barents Sea, where both companies have proved gas resources: Ververis discovery in PL395 (2008) and […]

  • 13 May 2013

    Statoil and Total have reached agreement on asset swap in the Barents Sea. Statoil acquires 10% equity in PL535 in exchange for 10% equity in PL395. Production licenses PL395 and PL535 are situated on the Bjarmeland Platform in the central Barents Sea, where both companies have proved gas resources: Ververis discovery in PL395 (2008) and […]

  • 13 May 2013

    Statoil and Total have reached agreement on asset swap in the Barents Sea, offshore Norway. Statoil acquires 10% equity in PL535 in exchange for 10% equity in PL395. Production licenses PL395 and PL535 are situated on the Bjarmeland Platform in the central Barents Sea, where both companies have proved gas resources: Ververis discovery in PL395 […]

  • 18 June 2018
    Business & Finance

     Lundin Norway, a subsidiary of Sweden’s Lundin Petroleum has been awarded three exploration licenses in the 24th licensing round in Norway.

  • 20 January 2015

    In the Awards in Predefined Areas 2014, Statoil has been awarded interests in 15 licences on the NCS, 8 of those as operator. Today, the government has also announced the blocks in the 23rd concession round. “These are very positive news for Statoil and the whole industry. Access to new quality acreage is essential to […]

  • 21 January 2013
    Business & Finance

    In the Awards in Predefined Areas 2012 (APA 2012), the Norwegian Ministry of Petroleum and Energy has offered RWE Dea Norge two new production licences, one of which is an operatorship. New Production Licences: PL694 and PL682 RWE Dea Norge will become operator of a new production licence (PL) with a 40% share, PL694. This […]

  • 2 August 2007

    A/S Norske Shell (‘Shell’) today announced that the company has entered into an agreement with E.ON Ruhrgas Norge AS to sell its 28% equity interests in the undeveloped Skarv and Idun fields for US$ 893 million. The agreement covers the licenses PL-159, PL-212, PL-212B and PL-262 in the Norwegian Sea.

  • 3 October 2016
    Business & Finance

    Aker BP, a newly-formed offshore, exploration and production company, has announced the acquisition of eight licenses off Norway from the oil company Tullow Norge. To remind, BP Norge and Det norske oljeselskap last week completed their merger thus creating a new, independent E&P company on the Norwegian Continental Shelf, Aker BP. Following the merger, Aker BP holds a […]

  • 20 August 2013
    Business & Finance

    Premier Oil has executed a sale and purchase agreement to sell its 20 per cent equity interest in PL378 and PL378B to Capricorn Norge, a wholly-owned subsidiary of Cairn Energy plc, for an upfront cash consideration of $16 million. PL378 and PL378B are located in the Norwegian North Sea and contain the Grosbeak discovery and […]

  • 19 January 2011
    Business & Finance

    Lundin Petroleum AB announces that its wholly owned subsidiary Lundin Norway AS has been awarded ten exploration licence interests in the 2010 Norwegian Licensing Round, (Awards in Predefined Areas, APA). The awarded licences include two licences in the Greater Luno Area and one licence in the Greater Alvheim Area. Six of the awarded licences will […]

  • 18 January 2012
    Business & Finance

    Norwegian Energy Company (Noreco) has been awarded eight new licences in the 2011 Awards in Predefined Areas (APA) in Norway. “We are very pleased with these awards, which demonstrate the strong competence in the Noreco team,” says Lars Fosvold, Vice President Exploration. “Noreco is one of the most active explorers in Norway, and these awards […]

  • 1 February 2011

    Wintershall Norge drilled a dry hole in the Norwegian sector of the North Sea with its 35/12-3S wildcat well just north of the Troll field.

  • 23 December 2016
    Business & Finance

    DEA has acquired participating interest in seven licenses in the Njord area in the Norwegian Sea, including 20% increased interest in the Njord field, from Engie E&P Norge. DEA said on Friday that the agreement with Engie E&P Norge includes: 20% in the Njord field (PL107 and PL132), 10% in the Hyme field (PL348), 10% […]

  • 28 August 2014
    Business & Finance, Operations & Maintenance

    Atlantic Petroleum announces that Atlantic Petroleum Norge has acquired Ithaca Petroleum Norge’s 10% interest in production licences PL601 and PL602 in the Norwegian Sea. The agreements are subject to government approval. The transaction is a result of Atlantic?s strategic focus in this area. With the previously announced commercial agreement with Repsol Exploration Norge on PL528 […]

  • 17 April 2012
    Business & Finance

    CNOOC Limited today announced that the Company has successfully appraised the Penglai(PL)9-1 hydrocarbon bearing structure following the discovery made in 2010. The appraisal confirmed that PL9-1 is a large oilfield. PL9-1 is located in the Miaoxibei uplift in the eastern part of Bohai, with an average water depth of 25 meters. One of the appraisal […]

  • 26 April 2011
    Business & Finance

    Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announces that it has entered into a further assignment agreement to secure an additional well slot on the Ocean Guardian drilling rig(photo). Rockhopper now intends to utilise four well slots in succession. Rockhopper was established in February 2004 with a strategy to invest […]

  • 1 June 2011
    Business & Finance

      Spring Energy announces a farm-in transaction of a 20% working interest in PL 490 from Norwegian Energy Company ASA.   The PL 490 license is located immediately to the West/North West of the producing Snøhvit Field in the Barents Sea, and a firm well on the combined Juksa / Snurrevad prospects is scheduled for 2012. […]

  • 16 January 2013
    Business & Finance, Operations & Maintenance

    Lundin Petroleum AB (“Lundin Petroleum”) announces that its wholly owned subsidiary Lundin Norway AS has been awarded seven exploration licence interests in the 2012 Norwegian Licensing Round (Awards in Predefined Areas, APA). The awarded licences include four licences in the North Sea, two in the Norwegian Sea as well as one licence in Barents Sea. […]

  • 2 November 2012
    Business & Finance

    Rockhopper, the North Falkland Basin oil and gas exploration company, has received notification that The Falkland Islands Government has granted a one year extension (to 18 November 2013), with no further work commitments, of Production Licences PL023 and PL024, in which Rockhopper has a 40 per cent interest. Rockhopper also notes that Production Licences PL003 […]