Fossil Energy
Equinor gains consent to use Transocean rig for Norwegian Sea drilling
Equinor has received consent from the PSA for exploration drilling in the Norwegian Sea using the Transocean Spitsbergen rig.
Lundin sees increase in reserves and contingent resources
Lundin Petroleum has identified an increase in reserves and contingent resources at the end of 2018, mostly due to reserves additions from the Johan Sverdrup and Edvard Grieg as well as from the Alvheim area.
Faroe directors resign as DNO takeover imminent
Faroe Petroleum’s executive directors have given notice of resignation amid DNO’s imminent full takeover over the North Sea oil and gas player.
Offshore safety body looks into Maersk Drilling’s whistleblowing routines
The PSA and the Norwegian Labour Inspection Authority have jointly audited Maersk Drilling’s routines for handling whistleblowing at work.
Popular news, January 7 – 13, 2019
Offshore Energy Today’s most popular news of the past week.
Faroe to revise Brasse field reserves estimate as drilling results in
Faroe Petroleum, soon to be taken over by Norway’s DNO, has shared final results of the Brasse appraisal sidetrack well 31/7-3 A in the northern North Sea, off Norway. The Brasse appraisal well 31/7-3 A sidetrack was planned as an appraisal of the northern part of the Brasse field. The drilling star
Medco sets price for Ophir takeover. Ophir says price lower than initial offer
Indonesia’s Medco Energi has set a price for a potential offer for the takeover of London-listed oil company Ophir Energy – 48.5 pence a share in cash.
Equinor takes over Chevron’s Rosebank share
Equinor and Chevron have completed their transaction whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank project in the West of Shetland region of the UK Continental Shelf.
Morris to resign from Seadrill positions in mid-2019
CFO of offshore driller Seadrill Limited and CEO of Seadrill Partners has decided to step down from his positions.
Crondall Energy makes changes to its board of directors
Crondall Energy has made changes to its board of directors to “capitalize on the increasing level of opportunities within the sector.”
‘Faroe had a good run. The baton now passes to DNO’
Norwegian oil company DNO is taking over Faroe Petroleum.
ConocoPhillips takes Rowan rig for operations in Norway
Offshore drilling contractor Rowan Companies has been awarded a rig contract in Norway by ConocoPhillips Skandinavia AS.
Norway’s oil and gas production to increase from 2020, NPD says
The Norwegian Petroleum Directorate’s forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023.
Premier Oil kicks off Tolmount platform construction
Premier Oil has begun platform construction for the Tolmount Main gas project in the Southern North Sea.