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Subsea UK shares knowledge and expertise with Mexico's NOC

Senior figures from Mexico’s national oil company, Pemex, have been discovering the secrets of the UK subsea sector’s success and how it has revolutionized the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen.

Maersk Drilling secures contract for Maersk Gallant

Maersk Drilling has been awarded a contract for the harsh-environment jackup rig Mærsk Gallant, following a competitive tendering exercise by Nexen Petroleum U.K. Limited, a wholly owned subsidiary of CNOOC Limited.

Lundin Norway granted drilling permit for appraisal well 7220/11-4

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/11-4, cf. Section 8 of the Resource Management Regulations.

Development plans submitted for Njord field, Bauge discovery

The licensees for Njord field and the nearby Bauge discovery in the Norwegian Sea submitted two PDOs (Plans for development and operation) to the authorities today.

Hurricane Energy completes Halifax well operations, initial data analysis

Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, announces that operations on the 205/23-3A well (the Halifax well) are complete.

Maersk Oil reports first oil from Flyndre field, UK

Production has begun from the Maersk Oil-operated Flyndre field in the UK and Norwegian North Sea.

EMGS reports $3.7 million in Barents Sea data licensing

Electromagnetic Geoservices ASA (EMGS) has announced that the Company has entered into agreements involving data licensing (prefunding and late sales) related to 3D EM data in the Barents Sea, Norway.

Statoil wildcat strikes oil northeast of Gullfaks field

Statoil Petroleum AS, operator of Gimle Unit and production licence 193, has completed the drilling of wildcat well 34/10-55 S.

U.S. shale to feed European gas market battered by winter

The heart of Europe’s gas market may finally get a helping hand from the American shale revolution as fuel is poised to cross the Atlantic to replenish depleted inventories after the coldest January in seven years.

NPD extends life of subsea facilities at Exxon Mobil's Sigyn field

The Norwegian Petroleum Directorate has granted consent for continued use of the subsea facilities on the Sigyn field in the North Sea from the end of 2017 until the end of 2022.

OGA awards 25 licences for UKCS in 29th offshore licensing round

The Oil and Gas Authority (OGA) is to award 25 licenses for 111 blocks or part blocks to 17 companies in the 29th Offshore Licensing Round to enable further exploration and production across frontier areas of the UK Continental Shelf (UKCS).

Maersk Oil welcomes agreement encouraging full redevelopment of Tyra field

Maersk Oil has, on behalf of the Danish Underground Consortium (DUC), reached an agreement with the Government of Denmark, which will facilitate future oil and gas investments in the Danish North Sea and protect industry jobs in Denmark.

Statoil receives consent for exploration drilling in block 7121

Statoil has received consent to drill exploration well 7121/8-1 in production licence 849. The well is to be drilled in a prospect named Blåmann.

4Subsea awarded master service agreement with Statoil

4Subsea will deliver services and research projects related to structural integrity of fixed and floating offshore installations.

Wintershall to continue production growth

Wintershall attained 165 MMboe in 2016, a historic level for the company, despite the difficult conditions in the industry. This means the company has increased its oil and gas production in the last 10 years by around 50%. During that time, Wintershall has doubled its commercially recoverable oil and gas reserves from 814 MMboe to 1.62 Bboe.

Gazprom and Eni sign MOU for supply of gas from Russia to Europe

Gazprom CEO Alexey Miller and Eni S.p.A. CEO Claudio Descalzi have signed a Memorandum of Understanding (MOU).

Aker Solutions secures FEED contract for Johan Sverdrup Phase 2

Aker Solutions secured a front-end engineering and design (FEED) contract from Statoil for the second phase of the major Johan Sverdrup development offshore Norway.

BP confirms talks to sell key North Sea oil pipeline to Ineos

BP Plc is in talks with Ineos AG to sell the Forties pipeline, one of the most important pieces of oil infrastructure in the UK North Sea.

Aker Solutions secures NOK 1 billion in work for Statoil's Njord A upgrade

Aker Solutions will, as a subcontractor of Kvaerner, take part in upgrading the platform after operator Statoil exercised an option in an agreement awarded in April 2016.

Italy said to confirm CEOs of state-owned Eni, Enel for another term

Italy is planning to confirm the holders of the top jobs at energy firms Eni SpA and Enel SpA for another term, according to people familiar with the matter, including a government official.