Offshore ///

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.

Eni starts gas production from OCTP Project, deep offshore Ghana

Eni has started gas production from Sankofa field in the Offshore Cape Three Points (OCTP) Integrated Oil and Gas Project, in Ghana, on schedule during the past weekend.

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).

CNOOC signs production sharing agreement with Roc Oil and Smart Oil

CNOOC Limited announced today that its parent company, China National Offshore Oil Corporation, has signed a production sharing contract with Roc Oil (Bohai) Company and Smart Oil Investment Ltd. for Weizhou 10-3W oilfield and Block 22/04 in the South China Sea.

SBM Offshore awarded contracts for Exxon's second Liza FPSO

SBM Offshore is pleased to announce that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited has awarded the company contracts to perform front end engineering and design for a second floating production, storage and offloading vessel for the Liza development located in the Stabroek block in Guyana.

Court orders Tullow Ghana to pay $254 million to Seadrill

Tullow Oil plc announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited by Seadrill Ghana Operations Limited has been received.

Cooler Atlantic may dash oil bulls' hopes this hurricane season

Energy and agricultural market bulls: Beware of a cooler Atlantic Ocean.

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.

Eco granted extension on Tamar Block, offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. has announced that it has been granted a one-year extension to March 20, 2019, for the First Renewal Period of the PEL50 license, covering its offshore Tamar Block.

TechnipFMC awarded subsea contract for Total's Zinia 2 field, offshore Angola

TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 m.

Total and EDF enter exclusive negotiation for the sale of its stake in the Dunkerque LNG terminal

Total has decided to enter into an agreement to sell its 9.99% stake in the Dunkerque LNG terminal, as a part of a broader sale process initiated by EDF (65.01%) earlier this year.

Faroe Petroleum claims success in well sidetrack, production test in Nowegian Sea

Faroe Petroleum is pleased to announce a successful sidetrack well and successful production test following the drilling of the downdip appraisal well on Fogelberg located in the Norwegian Sea.

South Africa halts oil exploration permits to revamp licensing

South Africa’s Department of Mineral Resources has issued a moratorium on new applications for petroleum exploration and development in order to change its licensing process.

Maersk establishes new name for decommissioning JV

With the senior management team now in place and interest growing from potential customers, the decommissioning joint venture reaches a new milestone with the launch of its new name: Maersk Decom.

Wintershall awards rig contract for Nova development

Wintershall Norge AS has awarded a rig contract for the Nova development to Seadrill Norway Operations Ltd who will operate the West Mira drilling rig on behalf of Northern Drilling.