Search results for: Pegasus West

61117 results

A list of search results

  • 14 July 2014
    Business & Finance, Operations & Maintenance

    Atlantic Petroleum announces that drilling of the Pegasus West well 43/13b-7 has commenced on P1724 in the UKCS. The well is being drilled with the Noble Julie Robertson jackup rig in a water depth of about 95 feet. Pegasus West is being drilled approximately 7 km WSW of the 43/13b-6Z Pegasus North discovery well. This […]

  • 14 July 2014
    Business & Finance, Project & Tenders

    Atlantic Petroleum, a Faroese independent exploration and production (E&P) company, announced that drilling of the Pegasus West well 43/13b-7 has started on P1724 in the UKCS. The well is being drilled with the Noble Julie Robertson jack-up rig in a water depth of about 95 feet. Pegasus West is being drilled approximately 7 km WSW of the 43/13b-6Z […]

  • 26 November 2018
    Project & Tenders

    Spirit Energy has submitted its Environmental Statement for the Pegasus West development to the UK authorities. 

  • 31 July 2015
    Business & Finance

    Atlantic Petroleum’s subsidiary, Atlantic Petroleum UK Limited, has completed the sale and purchase agreement with Third Energy Offshore Limited for the sale of its interests in three licences located in the UK North Sea.  In May 2015, the two companies signed a sale and purchase agreement for the sale of Atlantic Petroleum’s interest in P1724 (UK Block […]

  • 2 December 2019
    Exploration & Production

    Spirit Energy has proved a natural gas discovery in the targeted Carboniferous sandstones of its Andromeda North well located in the UK North Sea, but the discovery is at the “lower end of expectations.”

  • 12 November 2014

    Atlantic Petroleum  has informed that the 43/13b-7 Pegasus West gas discovery drill stem test (DST) flowed at a combined rate of circa 91 million standard cubic feet of gas per day (MMscfpd) from three Carboniferous intervals. The discovery, operated by Centrica is located in the UK part of the North Sea.   Well testing is being completed and the […]

  • 15 September 2014

    A gas discovery has been made at the Pegasus West well, offshore UK, Atlantic Petroleum, an exploration company based in Faroe Islands, has informed.

  • 7 May 2015
    Business & Finance

    Atlantic Petroleum, an independent oil company based in Faroe Islands, has decided to sell its share in the Pegasus gas discovery in the UK North Sea. The company has signed a sale and purchase agreement with Third Energy Offshore Limited for the sale of Atlantic Petroleum’s interests in P1724 (UK Block 43/13b which contains the Pegasus […]

  • 2 October 2014
    Business & Finance, Project & Tenders

    Atlantic Petroleum has informed that well test preparation operations continue on the 43/13b-7 Pegasus West gas well, on UK Licence P1724, in the Southern North Sea. The well is being completed so that it can be used for later production, if the flow test proves commerciality. Results from the tests are expected before the end […]

  • 25 March 2014
    Equipment

    Plexus Holdings PLC has received an additional purchase order from Centrica Plc to supply surface wellhead and mudline equipment services for a gas appraisal well in the Southern North Sea.  The value of the order is estimated at approximately $1.5 million with revenues expected to commence in April 2014. Under the terms of the PO, which […]

  • 25 March 2014
    Equipment

    Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has received an additional purchase order (‘PO’) from Centrica Plc (‘Centrica’) to supply surface wellhead and mudline equipment services for a gas appraisal well in the Southern North Sea. The value of […]

  • 13 December 2019
    Exploration & Production

    UK-based Spirit Energy will become the operator of a new Southern North Sea discovery after an encouraging exploration campaign.

  • 4 November 2014
    Project & Tenders

    P/F Atlantic Petroleum, an oil company based in Tórshavn, Faroe Islands, is reducing its oil production forecast for the year. The company today announced that during the month of October, Atlantic Petroleum produced a net total of 51,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields in the UK North Sea. The average […]

  • 31 July 2019
    Exploration & Production

    Oil and gas company Spirit Energy has started drilling at the Andromeda North prospect located in the UK sector of the North Sea. 

  • 19 September 2018
    Business & Finance

    Hague and London Oil (HALO) has entered into an agreement for the conditional acquisition of the entire share capital of Third Energy Offshore.

  • 10 July 2014

    Seadrill Limited has received commitments from 17 banks for a US$1.35 billion credit facility with a 5 year term and 10 year amortization profile to refinance the credit facilities secured by the West Pegasus, West Gemini, and West Orion. The transaction was initially launched as a US$900 million facility secured by two ultra-deepwater units. However, […]

  • 27 May 2015
    Business & Finance

    Atlantic Petroleum has announced that Statoil will exercise their option to take 10% of the PL802 licence in the Norwegian Sea. This will leave Atlantic Petroleum with 10% equity in License PL802. To remind, in February 2015, Atlantic Petroleum entered into farm-down agreement with Statoil for three licences including PL802 where Statoil gained the right to acquire […]

  • 21 July 2014
    Business & Finance, Equipment, Project & Tenders

    Plexus Holdings PLC, the owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has received an additional purchase order from Centrica Energy Exploration and Production (‘Centrica’) to supply surface wellhead and mudline equipment services for an exploration well in the Southern North Sea, offshore UK. The value of the order is estimated at approximately […]

  • 21 July 2014
    Business & Finance, Equipment

    Plexus Holdings PLC, has received an additional purchase order from Centrica Energy Exploration and Production to supply surface wellhead and mudline equipment services for an exploration well in the Southern North Sea, Offshore UK. The value of the order is estimated at approximately $1 million (£600,000) with revenues expected to start shortly. Under the terms of […]

  • 21 March 2011

    Scheduled for delivery in third quarter 2013, this new turnkey jack-up rig will have similar design and specification as the West Elara, a Gusto MSC CJ70 150A harsh-environment jack-up rig that Jurong Shipyard is currently building for Seadrill. On completion, this advanced harsh-environment, high-specification drilling unit will be one of the largest jack-ups in the […]

  • 5 December 2014
    Business & Finance, Project & Tenders

    Cluff Natural Resources Plc has announced that further to the provisional award of promote licences in the UK’s 28th Offshore Licencing Round on November 7, 2014, it has now been formally awarded the five promote licences covering a total of eleven blocks by the Department of Energy and Climate Change (DECC). The company says that the […]

  • 22 August 2016
    Equipment, Exploration & Production

    Mexican oil company Pemex has terminated a drilling contract with Seadrill over the West Pegasus offshore drilling rig. The driller has disputed the grounds for termination and is reviewing its legal options. During the second quarter of 2015 Seadrill signed a provisional commitment for a two-year extension to the contract with Pemex for the West Pegasus. In conjunction […]