Fossil Energy
Faroe, Shell, Spirit form partnership to drill Edinburgh prospect
Faroe Petroleum has made a partnership with Shell and Spirit Energy following the award of PL 969 in the recent APA licensing round with the intention to advance the cross-border Edinburgh prospect towards a drill decision during 2019.
Equinor hits gas and condensate in exploration well offshore Norway
Equinor has proven gas and condensate in the Ragnfrid North exploration well, which is located near the Kristin field offshore Norway.
Corallian’s Wick well off UK comes up dry
Corallian Energy has failed to find hydrocarbons at its Wick exploration well located off the UK.
Reuters: Total in Dutch offshore assets sale
French oil major Total has reportedly hired Jefferies Financial Group to help it facilitate the sale of its offshore oil and gas assets in the Netherlands.
Equinor wins most blocks in Norway’s largest production license offer
Norway’s energy ministry on Tuesday offered 83 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2018 (APA 2018). Of the 83 blocks offered, Equinor won 29.
Equinor to drill seven new wells at Gullfaks to recover even more resources
Equinor and its partners have decided to drill seven new wells at Gullfaks field located offshore Norway and improve oil recovery by 17 million barrels.
Ophir: SE Asia assets deliver ahead of expectations
Ophir: SE Asia assets deliver ahead of expectations
Equinor, Esvagt extend cooperation in Norway
Norwegian oil major Equinor and vessel provider Esvagt have extended their cooperation in the southern part of the Norwegian sector.
Byron produces one million barrels of oil from Gulf of Mexico project
Byron Energy has produced more than 1 million barrels of oil from its operated South Marsh Island Block 71 F platform located in the U.S. Gulf of Mexico.
Vryhof businesses pick up $75 million worth of contracts
Vryhof’s three businesses – Deep Sea Mooring, Vryhof Anchors, and Moorlink – have won up to $75 million in new contracts.
Equinor, Shell, and Total get nod for offshore CO2 storage in Norway
Norway has given permission to Equinor and its partners Shell and Total to develop CO2 storage on the Norwegian Continental Shelf.
Ensco raises Rowan bid. Says proposal is final
Offshore drilling company Ensco has raised its offer for rival Rowan Companies, offering an increase in the exchange ratio for its all-stock combination with Rowan. The increased offer comes a week after it was announced that one of Rowan’s major shareholders, Canyon Partners, would oppose the merge
Trans Adriatic Pipeline secures $4.5 billion financing deal
TAP secured project financing worth EUR 3.9 billion in December 2018 making it the largest financing agreement for a European infrastructure project in 2018.
OMV boosts estimated Wisting discovery volume figures
Over the past year, OMV noted a rise in estimated recoverable volumes in the company’s Wisting discovery in the Barents Sea offshore Norway.