Search results for: mime petroleum

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A list of search results

  • 26 January 2018
    Business & Finance

    Blackstone, one of the world’s largest investment firms, and Blue Water Energy (BWE), have agreed to invest up to one billion U.S. dollars into Mime Petroleum.

  • 1 April 2019

    Norwegian oil and gas company Vår Energi has agreed to sell a share in six offshore licenses across the Balder and Ringhorne fields in Norway to Mime Petroleum.

  • 1 August 2019

    Vår Energi has finalized the divestment of 10 percent ownership interests in six of its operated licenses across the Balder and Ringhorne fields in the North Sea to Mime Petroleum.

  • 20 February 2020
    Infrastructure, Project & Tenders

    Mime Petroleum has issued a NOK 300 million ($32.2M) senior unsecured bond with maturity in February 2025 ahead of the Vår Energi-operated Balder Future project in the North Sea.

  • 12 April 2019

    Norwegian oil and gas company Vår Energi has received consent from the Norwegian authorities for the use of the Ringhorne platform, which is located offshore Norway. 

  • 18 December 2019
    Operations & Maintenance

    Vår Energi and license partner Mime Petroleum have submitted the revised plan for Development and Operations of Balder and Ringhorne, the Balder Future project, to the Norwegian Ministry of Petroleum and Energy. Vår Energi and Mime Petroleum plan to extend the Balder and Ringhorne production lifetime to 2045. The Balder Future project involves drilling thirteen […]

  • 29 May 2019
    Business & Finance, Equipment, Operations & Maintenance

    London-based private equity firm Blue Water Energy has acquired Pipeline Technique Limited (PTL), a provider of pipeline welding, field joint coating and spoolbase services to the energy industry, from Heerema Marine Contractors (HMC). PTL is headquartered in Huntly, UK with additional worksites in the USA, Middle East, Brazil and South East Asia. PTL has built […]

  • 23 May 2019
    Business & Finance, Equipment

    London-based private equity firm Blue Water Energy is buying Heerema Marine Contractors’ Pipeline Technique Limited,

  • 16 July 2018

    As many as 20 development projects are currently under way on the Norwegian Shelf, and 13 exploration wells in the first half of 2018 have yielded six discoveries, according to the Norwegian Petroleum Directorate (NPD). However, production has been somewhat lower in the first six months of the year as compared with the same period […]

  • 28 January 2019

    Lundin Petroleum has signed a deal to buy Lime Petroleum’s acreage in the Rolvsness discovery and Goddo prospect offshore Norway for up to $45 million. With the acquisition, Lundin Norway will see its working interest in the Rolvsnes oil discovery in PL338C and in the recently awarded, nearby license PL338E1 increase from 50 to 80 […]

  • 24 March 2015
    Business & Finance

    Hibiscus Petroleum’s jointly-controlled entity Lime Norway has secured an increase in the financing facility from NOK 300 million ($38.21 million) to NOK 700 million ($89.15 million). Lime Norway is a wholly-owned subsidiary of Lime Petroleum PLc (Lime). Lime is a jointly-controlled entity in which Hibiscus Petroleum owns a 35% stake. The facility was obtained from Skandinaviska […]

  • 29 March 2016

    The West Australian government has appointed a new Minister for Mines and Petroleum in a cabinet reshuffle. Sean L’Estrange has been appointed as WA’s new Minister for Mines and Petroleum replacing Bill Marmion who has been appointed Minister for State Development, Premier Colin Barnett announced in a statement on Tuesday. West Australia is home to some […]

  • 9 April 2020
    Business developments & projects, Exploration & Production

    Lime Petroleum has signed an agreement with Equinor to acquire 20 per cent interests in each of the licences PL263D and PL263E located in the Norwegian Sea.

  • 1 June 2020
    Business & Finance, Business developments & projects, Exploration & Production, Infrastructure

    Rex International’s 90 per cent subsidiary, Lime Petroleum, has completed the acquisition of a 15 per cent stake in two Ineos’ Norwegian Sea licenses.

  • 22 November 2013
    Business & Finance

    Rex International Holding Limited has announced that 65 per cent indirectly owned subsidiary Lime Petroleum Norway AS (“Lime”), has received approval from the Norwegian Ministry of Petroleum and Energy for the acquisition of 10 per cent interest in each of the two offshore licences, PL 707 and PL 708, from North Energy ASA.  Lime’s 10 […]

  • 17 June 2015
    Project & Tenders

    Bahamas Petroleum Company today announced that the Governor-General of The Bahamas has signed the Licence Renewal Addendum for its four southern licences in Bahamian waters. Bahamas Petroleum holds a 100 per cent working interest in four licences in the Southern territorial waters of The Commonwealth of The Bahamas – the Bain, Cooper, Donaldson and Eneas […]

  • 20 April 2015
    Business & Finance

    Lundin Petroleum AB (Lundin Petroleum) has announced that Nick Walker will join Lundin Petroleum’s management team as Senior Vice President Development and Operations. According to the company, Walker will join Lundin Petroleum with immediate effect and will have the responsibility of overseeing all worldwide development projects as well as being a member of Lundin Petroleum’s Investment Committee. […]

  • 25 July 2014
    Business & Finance, Project & Tenders

    Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway AS has decided to surrender PL509S, PL509BS and PL509CS, all of which are located in the North Sea, following the deadline for a drill or drop decision by 23 July 2014. Following the assessment of results obtained from reprocessed seismic data, the application […]

  • 19 July 2013
    Business & Finance

    Dana Petroleum’s oil production vessel Triton has marked a major milestone by successfully extracting its 200 millionth barrel from the North Sea. Triton is a floating, production, storage and offloading vessel (FPSO) and produces oil and gas from the Bittern, Guillemot West and North West, Clapham, Pict and Saxon fields. It is located in the […]

  • 7 October 2014
    Business & Finance, Project & Tenders

    Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway AS has completed the acquisition of a 5% stake each in PL591 and PL591B, located in the Norwegian Sea. North Energy signed a purchase and sale agreement with Lime Petroleum Norway in June 2014. The transfer of the equity interests in PL591 and […]

  • 24 February 2015
    Business & Finance, Exploration & Production

    Swedish oil company Lundin Petroleum will farm out a 30 percent interest in production licence PL338C, offshore Norway, to Hibiscus Petroleum’s jointly-controlled entity Lime Norway. The production licence contains the Gemini prospect which is currently being drilled with the Island Innovator rig. The well is located in PL338C approximately 10 km southwest of the Edvard Grieg field, […]

  • 28 December 2016
    Business & Finance

    Israeli conglomerate Delek Group has bought 13.18% of the share capital of Faroe Petroleum from Dana Petroleum as part of its strategy to extend its international activities in the energy field.  According to the purchase agreement, Delek bought all the Faroe shares Dana owned, in total 48,055,825 ordinary shares of GBP 0.10 each at a […]