Europe ///

Providence Resources completes farm-out of FEL 2/14, offshore Ireland

Providence Resources, the Irish based Oil and Gas Exploration Company, has provided a license update on Frontier Exploration Licence (FEL) 2/14.

Trump says U.S. will compete with Russia for European gas market

U.S. President Donald Trump eased his tone about a Russian natural gas pipeline to Germany after a one-on-one meeting with President Vladimir Putin, shifting from the harsh criticism he’d levied in Europe last week.

Norway oil strike escalates with limited supply impact

Norwegian drilling workers escalated a strike early Monday, with the impact on the country’s oil production expected to remain limited to one North Sea field in the short term.

Maersk Drilling secures two contract extensions in the North Sea

Maersk Drilling has been awarded contract extensions for the high-efficiency jackup rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively. The extensions allow the two rigs to continue their high-performance operations in the North Sea.

OGA launches 31st UKCS Offshore Licensing Round

The Oil and Gas Authority (OGA) has launched the 31st Offshore Licensing Round, offering blocks in frontier areas of the UK Continental Shelf (UKCS), supported by government-funded data to stimulate interest in these under-explored basins and assist companies in their activities.

Oil strike in Norway shuts Shell field as escalation looms

A strike curtailed oil production off Norway for the first time in six years as Royal Dutch Shell Plc shut a North Sea field and workers threatened to escalate labor action during the weekend.

A/S Norske Shell drills dry hole southwest of Knarr field

A/S Norske Shell, operator of production license 373S, has completed the drilling of wildcat well 34/5-2 S. The well is dry.

Nexans wins major subsea umbilical contract from Equinor for Troll Phase 3 development

The Troll oil and gas field is the most prolific field on the Norwegian continental shelf (NCS), with more than half of its reserves still remaining after over 20 years of production.

Prosafe, Aker BP ink contract for accomodation support at Ula platform

Prosafe has signed a contract with Aker BP ASA for the Safe Scandinavia to provide accommodation support at the Ula platform in the Norwegian sector of the North Sea.

Hurricane Energy concludes well completion operations at Lancaster EPS

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an operational update in relation to the Early Production System development of the Lancaster Field (Lancaster EPS).

Law firm WFW advises OMV on €158 million disposal of Pakistani subsidiaries

Watson Farley & Williams (“WFW”) has advised OMV on the completion of its sale of two wholly-owned subsidiaries comprising its upstream exploration and production business in Pakistan (“OMV Pakistan”) to Dragon Prime Hong Kong Ltd., Hong Kong, for an agreed consideration of €158 million.

Equinor announces approval of Snorre Expansion Project

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) for the Snorre Expansion Project.

Spirit Energy Norge completes Fogelberg appraisal wells

Spirit Energy Norge AS, operator of production licence 433, has completed the drilling of appraisal wells 6506/9-4 S and 6506/9-4 A on gas and condensate discovery 6506/9-2 S (Fogelberg).

Lundin identifies additional resource potential at Edvard Grieg field

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the PDO development drilling program at its operated Edvard Grieg field on the Utsira High, in the Norwegian North Sea. A significant reserves upgrade and extension of the production plateau have been made since the PDO, with additional resource potential identified in the area.

BP to increase share in UK’s giant Clair field, sell interest in Alaska’s Kuparuk field

BP has announced that it has entered into agreements with ConocoPhillips that will significantly increase its holding in Clair field, a core asset of BP’s North Sea business in the UK.

C-Kore Systems awarded contract with A/S Norske Shell

C-Kore Systems recently secured a contract with A/S Norske Shell for a deployment in the fall 2018 on their Draugen field in Norway.

Halliburton secures field assessment, well construction contract from OKEA

OKEA AS and Halliburton have announced the companies have signed a well construction services agreement to implement Halliburton Landmark’s full suite of software in the iEnergy cloud and field development planning services for all OKEA fields in the Norwegian Continental Shelf (NCS).

Eni Norge and Point Resources merge to become Vår Energi AS

Italy based energy company Eni and leading private equity investor HitecVision are pleased to announce an agreement to merge Point Resources AS into Eni Norge AS, and renaming the company Vår Energi AS.

BP announces start-up of Shah Deniz 2 in Azerbaijan

BP and its partners in the Shah Deniz consortium today announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey.

Anglo African Oil & Gas develops the Republic of the Congo

Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the results of further work on the TLP-102 well on the Tilapia license in the Republic of the Congo.