Search results for: PL484

15118 results

A list of search results

  • 19 January 2015
    Business & Finance

    Norwegian Energy Company (Noreco) has agreed to transfer its 30 per cent ownership in PL484 in the Norwegian Sea to North Energy ASA (North). According to North Energy, PL 484 in the Norwegian Sea contains several promising prospects and the licence group is now evaluating potential for further exploration drilling. The agreement is subject to regulatory approvals and the […]

  • 8 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Norwegian Energy Company ASA (Noreco) has started the drilling of exploration well 6608/10-16 on the Verdande prospect in license PL484 in the Norwegian Sea. The main objective is to find hydrocarbons in sandstones of Jurassic age. The well is being drilled with the drilling rig Bredford Dolphin and is likely to take 68 – 81 days. Noreco Norway AS has […]

  • 1 September 2014
    Business & Finance, Project & Tenders

    North Energy has signed a contract with Dana Petroleum Norway AS to acquire 18 per cent of PL 484 block located in the Norwegian Sea. Following this transaction, the partners in PL 484 will comprise of North Energy with 53 per cent, Noreco (operator) with 15 per cent, Dana Petroleum with 12 per cent, Explora Petroleum […]

  • 14 August 2014
    Business & Finance, Project & Tenders

    North Energy ASA and Noreco Norway AS have entered into an agreement on swapping interests in production licences. These transactions mean that North Energy acquires 15 per cent of PL 484 in the Norwegian Sea and transfers a 10 per cent holding in PL 616 in the North Sea to Noreco. PL 484 contains several prospects, with one […]

  • 2 June 2014
    Business & Finance, Project & Tenders

    Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484) in the Norwegian Sea. Although hydrocarbon shows were found in two sections, the well will now be plugged and abandoned without further testing. The main target of the well was in the Middle Jurassic. Sandstones with hydrocarbon saturation were found, but the reservoir quality was generally […]

  • 2 June 2014
    Business & Finance, Operations & Maintenance

    Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484). Although hydrocarbon shows were found in two sections, the well will now be plugged and abandoned without further testing. The main target of the well was in the Middle Jurassic. Sandstones with hydrocarbon saturation were found, but the reservoir quality was generally poor and it was […]

  • 20 August 2014
    Business & Finance

    North Energy ASA is increasing its equity holding in PL 484, offshore Norway, through an agreement on swapping licence interests with Explora Petroleum AS. Under the agreement on swapping licence interests, North Energy will acquire 20 per cent of PL 484 in the Norwegian Sea and transfer 10 per cent of PL 722 in the Barents Sea to […]

  • 14 August 2014
    Business & Finance

    North Energy ASA and Noreco Norway AS have entered into an agreement on swapping interests in production licences offshore Norway.

  • 8 April 2014
    Business & Finance, Project & Tenders

    Norwegian Energy Company ASA has announced that the drilling of exploration well 6608/10-16 on the Verdande prospect in license PL484 in the Norwegian Sea has started.

  • 10 January 2014
    Business & Finance

    Noreco Norway AS has received consent to use the Bredford Dolphin semi-submersible drilling rig on a well in the Norwegian Sea.   The consent applies to drilling and permanent plugback of well 6608/10-16 in production licence 484. Water depth at the site is approximately 371 metres. The operations are planned to begin on 17 January 2014, with a duration […]

  • 22 January 2014
    Business & Finance

    Noreco has been awarded five new licences in the 2013 Awards in Predefined Areas (APA) in Norway. In two of these, Noreco has been offered operatorship. “We are satisfied with this result and see this as recognition of our efforts to develop applications of high quality. We are also pleased that the Government has demonstrated […]

  • 24 January 2014
    Business & Finance, Research & Development

    Dana Petroleum has been awarded three new exploration licences by the Norwegian Ministry of Petroleum and Energy. The licences are part of the 2013 Awards in Pre-defined areas (APA 2013) in what was a record year for the number of companies applying for available acreage. Dana has been offered operatorship of two North Sea licences, […]

  • 24 January 2014

    Dana Petroleum has been awarded three new exploration licences by the Norwegian Ministry of Petroleum and Energy. The licences are part of the 2013 Awards in Pre-defined areas (APA 2013) in what was a record year for the number of companies applying for available acreage. Dana has been offered operatorship of two North Sea licences, […]

  • 24 August 2015
    Business & Finance

    Det norske will acquire 10 per cent interest in production licence 722, in the Barents Sea, from North Energy ASA.  The licence was awarded in the 22nd licensing round, and is subject to a drill or drop decision in the second quarter of 2016. According to its press release, the transaction with Det norske forms part of North […]

  • 21 October 2013

    Norwegian Energy Company ASA (Noreco) is announcing plans today for a refinancing solution which will provide it with a sound platform for continued operation. Several of the largest bondholders and the company’s main shareholders, representing 33 per cent of the shares, have already signalled their support for this solution, which involves refinancing all bond debt and raising new equity.“When the proposed […]

  • 1 October 2015
    Project & Tenders

    Maersk Oil has made a non-commercial gas/condensate discovery from the Tvillingen South exploration well in PL 510 in the Norwegian Sea. The well was spud on August 11, 2015. The main objective of well 6406/6-4S was to test the reservoir properties and hydrocarbon potential of the Middle to Lower Jurassic sandstones on the Tvillingen Sør horst structure. […]

  • 18 January 2012
    Business & Finance

    Det norske oljeselskap ASA has been offered an interest in nine licenses in the APA 2011 licensing round. The company has been offered the operatorship in three of the nine licenses. Bjørn Martinsen, VP Exploration in Det norske, said he is very pleased with the awards. He is particularly satisfied with the Barents Sea operatorship […]

  • 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 […]

  • 20 January 2011
    Business & Finance

    Det norske has recieved Norwegian Petroleum Directorate’s permission to drill exploration well 6508/1-2 at the Skaugumsåsen prospect. The prospect is located in production license PL482 in the Norwegian Sea, south east of Norne. See illustration at the left for location, press for bigger. Det norske is the operator and owns 65 percent. The well will […]

  • 11 September 2019
    Project & Tenders

    Perenco has received approval from the UK authorities for its decommissioning program for the Pickerill gas field installations located in the UK North Sea.

  • 4 November 2011
    Business & Finance

    Statoil has signed an agreement to acquire Hess’ 3.26% ownership in the Barents Sea Snøhvit Unit and adjacent production licences.  Statoil acquires Hess’ 11.25% participation interest in PL097 and 8.33% participation interest in PL110 together constituting a 3.26% participation interest in the Snøhvit Unit and in the Hammerfest LNG-facility located at Melkøya. Additionally, a 3.26% […]

  • 4 November 2011
    Project & Tenders

    Statoil has signed an agreement to acquire Hess’ 3.26% ownership in the Barents Sea Snøhvit Unit and adjacent production licences. Statoil acquires Hess’ 11.25% participation interest in PL097 and 8.33% participation interest in PL110 together constituting a 3.26% participation interest in the Snøhvit Unit and in the Hammerfest LNG-facility located at Melkøya. Additionally, a 3.26% […]