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Production Start at Oseberg Vestflanken 2
Norway >> 10/15/2018 - On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream. Remote-operated from the Oseberg field centre, the new Oseberg H platform is the first unmanned platform on the Norwegian...
Equinor Focuses NCS Portfolio through Sale of Non-Core Discovery
Norway >> 10/15/2018 - Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of USD 250 million. ...
SeaBird Secures Significant Pre-funding for Increased Scope of the MC2D Survey in NW-Europe
Ireland >> 10/12/2018 - With reference to the press release dated 9 July 2018, SeaBird Exploration and its partner MCG are pleased to announce that significant additional pre funding commitment from an oil major has been sec...
Extending the Contract with Maersk Intrepid
Norway >> 10/12/2018 - Maersk Drilling AS and the Maersk Intrepid rig have been awarded a 5-month contract for operational support on the Martin Linge field. Two extension options will also be exercised, and four new option...
New Offshore Decommissioning Project for AF Gruppen
United Kingdom >> 10/12/2018 - AF Gruppen ASA (AFG) have received an extension notice for a current frame agreement to include future removal and disposal of up to four additional platforms for a client in the UK North Sea. The ext...
Hydraulic Fracturing to Go Ahead at Shale Gas Exploration Site in Lancashire
United Kingdom >> 10/12/2018 - Cuadrilla confirms that it plans to go ahead tomorrow (13 October) with the start of hydraulic fracturing operations at its Preston New Road shale gas exploration site in Lancashire. At the High Court...
Po Valley Fully Retains North Italian Oil Assets
Italy >> 10/11/2018 - Po Valley Energy is to retain full ownership of two onshore oil fields in northern Italy after their sale to a private London-based resources company, Delta Energy, was blocked by one of Delta’s large...
Shearwater GeoServices Awarded Two 3D Surveys Contracts
Norway >> 10/11/2018 - Shearwater GeoServices (Shearwater) has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog. The surveys will be starting in the first half ...
McDermott Awarded PDH Technology Contract in Europe by INEOS
France >> 10/10/2018 - McDermott International, Inc. has been awarded a sizeable technology contract by INEOS for the license and engineering of a planned propane dehydrogenation (PDH) unit in Europe. ...
Chevron Becomes First Oil Major to Exit Norway
Norway >> 10/10/2018 - U.S. oil firm Chevron (CVX.N) will become the first oil major to formally exit the Norwegian continental shelf (NCS) as it transfers its last stake in an exploration license, according to a government...
Flint Subsea EQD Skid Upgraded
United Kingdom >> 10/10/2018 - Flint Subsea Limited have upgraded their Emergency Quick Disconnect (EQD) skid to include a fail close actuator on the system’s main isolation valve. This new development now provides emergency full ...
Johan Sverdrup powered from shore
Norway >> 10/9/2018 - The Norwegian Minister of Petroleum and Energy, Kjell-Borge Freiberg, officially opened the power-from-shore solution which will provide the Johan Sverdrup field in the North Sea with electricity for ...
Serica Energy Receives OFAC License & Assurance for Rhum
United Kingdom >> 10/9/2018 - AIM-listed Serica Energy has announced that its wholly owned subsidiary,Serica Energy (UK) and BP have received a conditional License and assurance from the U.S. Office of Foreign Assets Control ('OFA...
Hibiscus Petroleum to Acquire Interest & Operatorship in 2 Discovered Oil Fields Offshore UK
United Kingdom >> 10/9/2018 - Hibiscus Petroleum has announced that its indirect wholly-owned subsidiary, Anasuria Hibiscus UK ('AHUK'), has entered into a conditional sale and purchase agreement with Caldera Petroleum (UK)to acqu...
Estimated Investments Reduced by NOK 30B for Projects in the Implementation Phase
Norway >> 10/8/2018 - Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion since the development plans were submitted to Nor...
Ensco & Rowan Companies Agree to Combine, Creating Industry-Leading Offshore Driller
United Kingdom >> 10/8/2018 - Ensco plc and Rowan Companies plc jointly announced that the companies have entered into a definitive transaction agreement under which Rowan will combine with Ensco in an all-stock transaction. The d...
Eni Brings 2nd Shelf Jackup to Adriatic Region
Italy >> 10/5/2018 - Shelf Drilling, Ltd. announced that one of its subsidiaries has secured a two-year contract for the Key Singapore with Eni S.p.A for operations in the Adriatic Sea offshore Italy. The contract include...
Letter of Award for Power Cables for Johan Sverdrup Phase 2
Norway >> 10/5/2018 - Equinor and the Johan Sverdrup partnership submit a letter of award to NKT for fabrication and installation of two high-voltage cables supplying power from shore for the second phase of the Johan Sver...
Cuadrilla to Start Hydraulic Fracturing in Lancashire
United Kingdom >> 10/5/2018 - Cuadrilla expects to start hydraulically fracturing the shale rock around the first of its two horizontal shale gas exploration wells at its Preston New Road site in Lancashire in the next week. ...
Horse Hill-1 ("HH-1") Portland and Kimmeridge Oil Discovery
United Kingdom >> 10/5/2018 - UK Oil & Gas PLC announces that HHDL, a UKOG subsidiary company and the operator of the HH-1 Kimmeridge Limestone and conventional Portland Sandstone oil discovery, has informed the Company that, foll...
Boskalis Awarded Subsea Contract by Total for Redevelopment of Tyra Field
Denmark >> 10/4/2018 - Royal Boskalis Westminster N.V. (Boskalis) has been awarded the "Tyra Redevelopment Subsea Installation Phase II" contract by Total E&P Denmark. The sizable contract includes subsea engineering, procu...
Equinor Completes Cape Vulture Appraisal Wells 6608/10-18, 6608/10-18 A and 6608/10-18 B
Norway >> 10/4/2018 - Equinor Energy AS, operator of production licence 128 D, is in the process of concluding the drilling of appraisal wells 6608/10-18, 6608/10-18 A and 6608/10-18 B. The wells were drilled about 7 kilom...
EnQuest Exercises Magnus and Thistle Options
United Kingdom >> 10/4/2018 - EnQuest PLC, an independent oil and gas production and development company listed on the London and Stockholm stock exchanges, is pleased to announce that following Shareholder approval at the Company...
Contract Amendment Signed with Shell
United Kingdom >> 10/4/2018 - Further to our press releases of 18 and 30 May 2018, Awilco Drilling PLC is pleased to confirm that a contract amendment has now been signed with Shell UK Limited granting three additional options on ...
Marathon Oil Looks to Exit North Sea, Joining other U.S. Rivals
Norway >> 10/3/2018 - Marathon Oil has launched the sale of its British North Sea oil and gas fields, a document seen by Reuters showed, the latest U.S. firm to retreat from the basin to focus on onshore shale production a...
Petrofac Secures North Sea Contract Extension with Chevron
Norway >> 10/3/2018 - Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited (Chevron). The agreement, which has been hel...
Activation of 4 Additional Jack-up Drilling Rigs
Norway >> 10/3/2018 - Following its recent board meeting, Borr Drilling Limited (“Borr”) has decided to start the activation of four additional newbuild jack-ups. This decision is made on the back of Borr’s previously anno...
Lundin Aannounces Acquisition Consolidating the Luno II & Edvard Grieg Ownerships
Norway >> 10/3/2018 - Lundin Petroleum has announced that its wholly-owned subsidiary Lundin Norway has entered into an agreement with Equinor under which Lundin Norway will acquire Equinor’s entire 15 percent working inte...
BP & Aker BP Form Strategic Technology Venture Alliance
United Kingdom >> 10/3/2018 - BP has signed a ventures cooperation agreement with Aker BP to explore possible areas of cooperation in the development and deployment of advanced technologies in their businesses. Through their plann...
Statkraft Acquires Wind Development Business in Ireland & UK
Ireland >> 10/2/2018 - Statkraft has acquired the Irish and UK wind development businesses of the Element Power Group. The transaction provides Statkraft with a large onshore wind development pipeline in Ireland and strengt...
Rockrose Energy Completes Dyas Acquisition
Netherlands/Holland >> 10/2/2018 - RockRose Energy Plc is pleased to announce the completion of the acquisition of Dyas B.V., a wholly owned subsidiary of SHV Holdings N.V. ...
HAF Consortium Sign Contract for EPRD of Brae Bravo Platform
United Kingdom >> 10/2/2018 - Heerema Marine Contractors (HMC) and AF Offshore Decom (AFOD), together known as the HAF consortium, have been awarded a contract from Marathon Oil Decommissioning Services LLC for the Engineering, Pr...
i-Tech Services Adds Mini ROV Capability to Inspection Fleet
United Kingdom >> 10/2/2018 - i-Tech Services, a Subsea 7 company, has strengthened its underwater inspection and maintenance capability with the provision of new mini ROVs for performing subsea operations in challenging environme...
Angus Energy Completes 7 Day Well Test at Balcombe
United Kingdom >> 10/2/2018 - Angus Energy Plc, a leading UK conventional oil and gas production and development company, is pleased to announce the completion of the 7-day flow test programme for the horizontal well, Balcombe-2z....
Acquisition of Net Profits Interests in 3 UK Petroleum Licences
United Kingdom >> 10/2/2018 - The Board of Westmount is pleased to announce the acquisition of net profits interests ("NPI") in three offshore UK petroleum licences previously held by Infrastrata Plc ("Infrastrata"). The transacti...
Midwestern Becomes Significant Shareholder
Ireland >> 10/1/2018 - San Leon Energy plc, the AIM-listed oil and gas exploration and production company focused on Africa and Europe, announces that Midwestern has notified the Company that Midwestern has entered into a b...
Plan for Development and Operation for Nova Approved
Norway >> 10/1/2018 - Wintershall Norge AS and its partners have now received approval by the Ministry of Petroleum and Energy for the plan for development and operation (PDO) for the Nova development, about 120 kilometers...
ConocoPhillips Enters Agreement to Sell Interest in Greater Sunrise Fields
Portugal >> 10/1/2018 - ConocoPhillips has entered into an agreement to sell to the government of Timor-Leste its 30 percent interest in the Greater Sunrise Fields. The total sales price of the transaction, which is conditio...
Equinor Acquires a 40% Stake in the Rosebank Project in UK
United Kingdom >> 10/1/2018 - Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS). Once concluded, the transa...
Stena Don to Drill on Laggan Field
United Kingdom >> 10/1/2018 - Stena Drilling is pleased to inform that we have signed a contract with total e&p uk ltd. for the stena don in 2019 to drill one well on the laggan field located west of the shetland islands in water ...
Oil Prices Hit Fresh 4-Year High Above $82
Oil Prices Hit Fresh 4-Year High Above $82 Austria >> 9/30/2018 - The rise in crude oil prices above $82 a barrel has led to more predictions of $100 a barrel around the end of the year. A supply crunch is to blame, just as winter is coming – the US has reimposed sa...
BASF & LetterOne Sign Agreement to Merge Wintershall and DEA
Denmark >> 9/28/2018 - BASF and LetterOne have signed a definitive transaction agreement to merge their respective oil and gas business. Wintershall and DEA Deutsche Erdol will become one company: Wintershall DEA. ...
Neptune Energy Completes Acquisition of VNG Norge
Norway >> 9/28/2018 - Neptune Energy Group announces the closing of the acquisition of VNG Norge AS, as signed on 28 June. The transaction adds three producing fields, two development projects and 42 licences to Neptune En...
Dry Well Near 7324/8-1 (Wisting) in the Barents Sea – 7321/4-1
Norway >> 9/28/2018 - DEA Norge AS, operator of production licence 721, has concluded the drilling of wildcat well 7321/4-1. The well is dry. The well was drilled about 105 kilometres west of the 7324/8-1 (Wisting) oil dis...
OMV Petrom Transfers Licences to Mazarine Energy
Romania >> 9/28/2018 - OMV Petrom S.A. (OMV Petrom), the largest energy company in South-Eastern Europe, reached an agreement for the transfer of licenses for nine onshore oil and gas fields in Romania to Mazarine Energy Ro...
Corallian Signs Rig Contract with Ensco to Drill Wick & Colter Wells
United Kingdom >> 9/28/2018 - Reabold, the oil and gas investing company, is pleased to announce that Corallian Energy Limited, in which Reabold has a 32.9% interest, has signed a contract with Ensco UK Limited for the Ensco-72 ja...
Cluff Provides Licence Update on P2252 & 2248
United Kingdom >> 9/27/2018 - Cluff Natural Resources Plc, the AIM quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern North Sea gas basin, is pleased to announ...
BP Receives OGA Approval to Develop Vorlich Field in North Sea
United Kingdom >> 9/27/2018 - BP announced that the UK government has given approval to proceed with the Vorlich development in the central North Sea, targeting 30 million barrels of oil equivalent and expected to produce 20,000 b...
Placing to Raise £400,000
Ireland >> 9/26/2018 - The Directors of Petrel are pleased to announce that the Company has raised £400,000 (before expenses) via the placing of 21,621,622 ordinary shares (the "Placing Shares") with new investors at a pric...
Equinor Strengthening Subsea Collaboration with Aker Solutions & TechnipFMC
Norway >> 9/26/2018 - Equinor is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally. ...
Total Increases Its Share in Danish Underground Consortium
Denmark >> 9/25/2018 - Total has agreed to purchase from Chevron all the share capital of Chevron Denmark Inc. which holds a 12% interest in the Danish Underground Consortium (DUC), a 12% interest in Licence 8/06, and a 7.5...
UKOG Completes Acquisition of 22% Interest in Horse Hill Oil Discovery
United Kingdom >> 9/25/2018 - AIM-listed UK Oil & Gas (UKOG) has announced that it has completed the acquisition of the 22% shareholding in Horse Hill Developments ('HHDL') from Gunsynd, Primorus Investments and Solo Oil. These ac...
SSE Acquires 50% Share of Seagreen Wind Energy
United Kingdom >> 9/25/2018 - SSE is exercising its pre-emption right in the sale of Fluor's 50% share in Seagreen Wind Energy, established to develop offshore wind projects in the Firth of Forth Zone. SSE already holds the other ...
Ashtead Delivers Installation Monitoring Services to Subsea 7 on Utgard Development
United Kingdom >> 9/25/2018 - Global subsea equipment specialist, Ashtead Technology, has successfully completed a subsea installation monitoring project for Subsea 7 in support of Equinor’s Utgard development, located in blocks 1...
Schlumberger Introduces HyperBlade Hyperbolic Diamond Element Bit
United Kingdom >> 9/25/2018 - —Smith Bits, a Schlumberger company, launched the HyperBlade* hyperbolic diamond element bit that reduces drilling costs by improving the rate of penetration (ROP), while maintaining steering response...
C-Kore’s Subsea Testing Units Used by Bibby Offshore in East Irish Sea
Ireland >> 9/24/2018 - C-Kore Systems recently delivered C-Kore Subsea Testing Units to Bibby Offshore for use on a fault-finding campaign in the East Irish Sea. The units quickly located the source of low IR on the field a...
Wintershall's Brage Field Achieves 25 Years of Production
Norway >> 9/24/2018 - Wintershall reports that 25 years ago the Brage offshore platform produced its first barrel of oil. Wintershall has operated the field northwest of Bergen since 2013. ...
Rowan Norway Awarded Contract by Turkish Petroleum
Turkey >> 9/24/2018 - Rowan Companies plc (Rowan) (RDC) announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a two-well contract in the Mediterranean Sea by Turkish Petroleum wi...
OGA Welcomes Significant Glendronach Discovery, West of Shetland
United Kingdom >> 9/24/2018 - The Oil and Gas Authority welcomes Total’s announcement of a gas discovery on the Glendronach prospect, West of Shetland. ...
Transocean Norge to Drill for Equinor
Norway >> 9/21/2018 - Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 20...
Results of the Public Tender Offer of Total on Direct Energie
France >> 9/20/2018 - Following completion on July 6, 2018 of the acquisition of a 73.04% stake in the share capital of Direct Energie at €42 per share, Total welcomes the results of the public tender offer published by th...
Total Acquires G2mobility and Forms Partnership with Nexans
France >> 9/20/2018 - Total has finalized the acquisition of G2mobility, a French leading provider of electric vehicle charging solutions. With this deal, Total is accelerating the growth of its electric vehicle charging b...
Providence Resources Signs Binding Barryroe Farm out Agreement
Ireland >> 9/20/2018 - Providence Resources P.l.c., the Irish based Oil & Gas Exploration Company (“Providence” or the “Company”), provides a commercial update on Standard Exploration Licence (“SEL”) 1/11 that contains the ...
MacArtney Supplies Moog Focal LVEOS Swivel to Norwegian Turret & Loading Systems Provider
Norway >> 9/20/2018 - The Low Voltage Electrical Optical Swivel (LVEOS) is intended for inclusion into a swivel stack for a FPSO (Floating Production, Storage and offloading vessel). ...
Semco Maritime Extends Maersk Innovator Cantilever ahead of Buzzard Field Drilling Campaign
United Kingdom >> 9/20/2018 - Maersk Drilling’s ultra-harsh environment jack-up Maersk Innovator has completed a successful yard stay at Invergordon, during which main contractor Semco Maritime has extended the cantilever alongsid...
West Hercules to Drill More Exploration Wells
Norway >> 9/19/2018 - Seadrill Norway Operations Limited has been awarded a contract for drilling two exploration wells for Equinor in the Barents Sea by use of the West Hercules rig. Drilling is scheduled to start in the ...
Aker BP Received Consent for Exploration Drilling in North Sea
Norway >> 9/19/2018 - Aker BP is the operator for production licence 869. We have now given the company consent to drill exploration well 24/9-13. The well is in the North Sea, close to the B?yla and Alvheim fields, at the...
Hague and London Oil Announces Acquisition of Third Energy Offshore
United Kingdom >> 9/19/2018 - Hague and London Oil plc, the oil and gas company with a diverse portfolio of production, development, appraisal and exploration assets currently focused in the Dutch sector of the Southern North Sea,...
Prosafe Awarded $12M Contract in the North Sea
United Kingdom >> 9/19/2018 - Prosafe has signed a contract with a major oil and gas operator for the Safe Caledonia to provide accommodation support in the UK sector of the North Sea. The firm duration of the contract commencing ...
Cuadrilla Granted Hydraulic Fracturing Consent for 2nd Horizontal Shale Gas Well
United Kingdom >> 9/19/2018 - Cuadrilla has received hydraulic fracturing consent from the Department for Business, Energy & Industrial Strategy (BEIS) for its second horizontal shale exploration well at its Preston New Road site ...
New Offshore Decommissioning Project for Heerema Marine
United Kingdom >> 9/18/2018 - Heerema Marine Contractors (HMC) in a consortium with AF Gruppen (AFG) have received notice that Fairfield Betula Limited intends to enter into a contract for the removal and disposal of the Dunlin Al...
Orsted Divests 50% of Hornsea 1 Offshore Wind Farm
United Kingdom >> 9/18/2018 - Orsted has signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners (GIP). Hornsea 1 is under construction and will be the world’s largest offshore...
Serinus Energy Announces Moftinu-1003 Well Test Results
Romania >> 9/17/2018 - Serinus Energy plc has announced the flow-test results of the Moftinu – 1003 well. As previously announced, the Moftinu – 1003 well was drilled to 1,600 metres. ...
Prospex Oil & Gas Announces First Gas Production in Romania
Romania >> 9/17/2018 - Prospex Oil and Gas Plc, the AIM quoted investment company, has been advised by the operator, Raffles Energy S.R.L., that first gas production has commenced from the Bainet gas field in the Exploratio...
Zennor Acquisition of Britannia Field Interest
United Kingdom >> 9/17/2018 - Zennor Petroleum Limited is pleased to announce that its wholly owned subsidiary, Zennor North Sea Limited, has entered into a Sale and Purchase Agreement with Mitsui E&P UK Limited (“MEPUK”) in respe...
Reabold Resources Announces Operational Update on Wick
United Kingdom >> 9/17/2018 - Reabold is pleased to note the successful completion of the rig site survey over the proposed location for the forthcoming Wick well. ...
CGG Conducts Innovative Rich-azimuth Multi-client Survey NW of Shetland
United Kingdom >> 9/17/2018 - CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin. The 3,600 sq km survey has received strong industry support and been de...
Ship-to-Ship Transfer of Kraken Oil at Sullom Voe
United Kingdom >> 9/14/2018 - A ship-to-ship transfer of crude oil has been carried out at the Port of Sullom Voe, Shetland, for the first time in almost three years. ...
UK Says No-deal Brexit will have No Impact on Energy Businesses
United Kingdom >> 9/13/2018 - Britain’s government said that exiting the European Union without a deal after a March 2019 deadline will not change the operating environment for oil and gas businesses. ...
Petrofac Wins US$20 million Worth of Well Engineering Contracts
United Kingdom >> 9/13/2018 - Petrofac has strengthened its global Well Engineering contracts portfolio following a series of award wins worth a combined value of around US$20 million. ...
BHGE Delivers Software to SOCAR for Turkey Plants
Turkey >> 9/12/2018 - Baker Hughes, a GE company (BHGE) is starting the rollout of its Asset Performance Management (APM) software to deliver efficiency and productivity for STAR Refinery A.?. (STAR) and Petkim Petrokimya ...
EnQuest Aborted Sales Talks for Kraken Stake due to Debt Deadline
United Kingdom >> 9/12/2018 - EnQuest switched from plans to sell a stake in its flagship North Sea oilfield to borrowing money against it after two sets of sale talks had to be abandoned as a deadline for a debt repayment approac...
Drilling Permit for Well 30/6-30 in PL825
Norway >> 9/11/2018 - The Norwegian Petroleum Directorate (NPD) has granted Faroe Petroleum Norge AS a drilling permit for well 30/6-30, cf. Section 15 of the Resource Management Regulations. ...
NPD Found New Deep Sea Mineral Deposits
Norway >> 9/11/2018 - The Norwegian Petroleum Directorate just concluded a successful three-week data acquisition expedition on the Mohn’s ridge in the western part of the Norwegian Sea. ...
Odfjell Drilling Secures Additional Work for Deepsea Bergen
United Kingdom >> 9/11/2018 - Odfjell Drilling has today 11. September 2018 signed a contract with Ithaca Energy (UK) Limited for one firm production well, plus optional wells with commencement in either 2019 or 2020 to be mutuall...
UKOG Awarded 18 month Planning Extension for PEDL234
United Kingdom >> 9/11/2018 - UK Oil & Gas PLC is pleased to announce that West Sussex County Council's Planning Committee have approved, by a significant majority vote, an 18-month extension to the existing planning permission co...
Siccar Point Energy Delays Lyon Well until 2019
United Kingdom >> 9/11/2018 - With the Cambo well operations shortly due to complete, Siccar Point Energy E&P Limited (“Siccar Point”) and its JV partner have elected to defer the drilling of the Lyon exploration well (Licence P.1...
Norway’s Largest Oil Pipeline Now in Place
Norway >> 9/10/2018 - Late last week the last pipe of what is now Norway’s longest and largest oil pipeline was installed right next to the riser platform at the Johan Sverdrup field. The 36-inch pipeline extends 283 km fr...
Wintershall Awarded Swire Seabed Marine Contract
Norway >> 9/10/2018 - Swire Seabed has successfully secured a Framework Agreement with Wintershall Norge AS (Wintershall) for the provision of Marine Subsea Services (MSS) in the North Sea. ...
High Interest in Exploration for New Norwegian Licensing Round
Norway >> 9/7/2018 - The Ministry of petroleum and Energy has received a large number of applications for new exploration acreage in the licensing round Awards in Predefined Areas (APA) 2018. ...
Maersk Drilling & Aker BP Sign a Major Contract
Norway >> 9/6/2018 - Maersk Drilling and Aker BP have agreed to a one-year contract to deploy high-performance rig Maersk Integrator on the Norwegian shelf from June 2019. The contract is founded on the alliance that the ...
Completion of Acquisition of Certain SE Asian Producing Assets
United Kingdom >> 9/6/2018 - Ophir is pleased to announce the completion of the acquisition of the Producing Assets from Santos Limited (“Santos”). ...
Point Resources Extends Contract with Aker Solutions
United Kingdom >> 9/6/2018 - Point Resources has executed the remaining part of the option for the maintenance and modifications contract with Aker Solutions. ...
Oil Nears $80 per Barrel by Decrease Iranian Production
Oil Nears $80 per Barrel by Decrease Iranian Production Austria >> 9/5/2018 - The price of OPEC basket of fifteen crudes stood at $76.32 a barrel on Tuesday, compared with $75.77 the previous day, according to OPEC Secretariat calculations. ...
Record Fast Track Development
Norway >> 9/5/2018 - On 2 September the Visund Nord IOR (improved oil recovery) project came on stream, two months ahead of schedule. The project has further been delivered with no serious HSE incidents and well below bud...
Tailwind Energy Acquires EOG’s UK Business
United Kingdom >> 9/5/2018 - Following completion of the acquisition of Shell and Exxon’s interests in the Triton oil cluster, Tailwind Energy has announced the next stage of its growth. Tailwind has agreed with EOG Resources to...
LyondellBasell & Covestro Kick-off Circular Steam Project in Maasvlakte
Netherlands/Holland >> 9/4/2018 - LyondellBasell (LYB) one of the world's largest plastics, chemical and refining companies and its joint venture partner Covestro, one of the world's largest polymer companies, kicked-off a large inves...
Europa Oil & Gas Provides Update on Holmwood Exploration Well in PEL 143 in the Weald Basin
United Kingdom >> 9/4/2018 - Europa Oil & Gas has been notified by the Head of Estates at the Forestry Commission that the Minister for the Environment, Food and Rural Affairs, has decided not to renew the lease at Bury Hill Wood...
Air Liquide Inaugurates a Pilot Site for the Production of Carbon-Free Hydrogen in Denmark
Denmark >> 9/3/2018 - Air Liquide is inaugurating HyBalance, a pilot site for the production of carbon-free hydrogen, in the presence of the project’s partners. This facility uses electrolysis technology and allows to bala...
CGG Develops a Centre for Advanced Imaging for Petronas Carigali SDN BHD
France >> 9/3/2018 - CGG and PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), a wholly-owned subsidiary of Petroliam Nasional Berhad (PETRONAS), have agreed on a collaboration to provide access to CGG’s latest technology an...

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