Europe ///
The Dales Voe decommissioning facility in Shetland is one step closer to becoming a center of excellence for recycling offshore structures from the North Sea with the arrival of two new installations for decommissioning by strategic partners Veolia and Peterson.
Production on the Norwegian shelf is holding steady at a high level. Many projects are in the development or planning phases.
Aker BP is about to complete the Liatårnet exploration well in license 442 in the NOAKA area. The well has proved oil with a gross resource estimate of 80-200 MMboe.
Britain raised the threat level to the highest possible for ships operating in the Persian Gulf as tensions escalate in a region accounting for a third of seaborne petroleum trade.
Preliminary production figures for June 2019 show an average daily production of 1,409,000 bbl of oil, NGL and condensate, which is a decrease of 184,000 bpd compared to May. Total gas sales were 9.4 Bscm, which is a decrease from the previous month.
The Oil and Gas Authority (OGA) has launched the 32nd Offshore Licensing Round with 768 blocks or part-blocks on offer across the main producing areas of the UK Continental Shelf (UKCS). Acreage is on offer in the Central North Sea, Northern North Sea, Southern North Sea and the West of Shetlands.
Cuadrilla today confirmed that it will return to hydraulic fracturing and flow testing of natural gas at its flagship Lancashire site in Preston New Road, near Blackpool.
Total has signed an agreement to divest several UK non-core assets to Petrogas NEO UK Ltd, the exploration and production arm of the Oman-based conglomerate MB Holding.
Capricorn Norge AS, operator of PL 758, has completed the drilling of wildcat well 6508/1-3.
One of the world’s biggest clean energy lenders see a future for European natural gas investments.
James Fisher Marine Services (JFMS) completes deep-towed subsea survey project for Lukoil, one of the largest publicly traded oil and gas companies in the world, in waters proven to preserve treasures dating back to Venetian golden era of centuries ago.
Equinor ASA built up its share in Norway’s giant Johan Sverdrup oil field in a deal with Lundin Petroleum AB that saw it sell its 16% stake in the Swedish producer.
DTEK Oil & Gas and its subsidiaries have been selected as winners in a competition for the largest Product Sharing Agreement (PSA) in Ukrainian history.
Iran said an oil tanker that was seized by British forces near Gibraltar wasn’t destined for Syria.
Rever Offshore, a leading subsea services provider to the oil and gas industry, continues to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for energy major, Total E&P UK.
Equinor has, on behalf of the Oseberg partners, made a profitable oil discovery related to Oseberg Vestflanken.
British special forces seized a supertanker off Gibraltar suspected of carrying Iranian oil to Syria in violation of European and U.S. sanctions against the war-torn country.
The results of nine international PSA tenders, covering 11.400 km2 of onshore acreages, have been concluded by Intergovernmental Commission on July 1.
Airborne Oil & Gas has secured a second award from Anasuria Operating Company Ltd (AOC) to deliver a second high-flow Thermoplastic Composite Pipe (TCP) Jumper Spool in the Central North Sea.
Marathon Oil Corporation (NYSE: MRO) announced today the company has closed on the sale of its UK business, which consists of the Brae area fields and Foinaven, to RockRose Energy PLC.