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Aker BP completes delineation of Hanz field, drilling of North Sea wildcat

Aker BP ASA, operator of production license 028 B, has concluded the drilling of appraisal wells 25/10-16 S, A and C on Hanz field, as well as wildcat well 25/10-16 B drilled in production license 915 just southeast of the Hanz field.

Transocean Norge contracted for NCS drilling

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 2019.

Verus Petroleum announces $400-million acquisition of E&P company

Verus Petroleum has signed a Sale & Purchase Agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.

HALO acquires Third Energy Offshore Ltd.

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, has announced that it has entered into an agreement for the conditional acquisition of the entire share capital of Third Energy Offshore Ltd.

Prosafe wins $12-million support contract

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.

FSO tow and installation complete for Culzean field, offshore UK

Last week, hook up of the Ailsa Floating Storage and Offloading unit (FSO) was successfully completed. This marks the final step of the FSO transportation and installation for Culzean field, under the project management of Maersk Supply Service.

Equinor granted drilling permit for wildcat, west of Atlantis discovery

The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource Management Regulations.

Zennor Petroleum acquires Britannia field interest

Zennor Petroleum Limited has announced 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 respect of its interests in United Kingdom Continental Shelf Licenses P.213, Block 16/26a, Area B and P.345 Block 16/27b Area B, which represent an 8.97% working interest in Britannia field.

Grey Matters initiative to harness oil, gas expertise to create viable new businesses

A transformative initiative which brought together redundant but highly experienced oil and gas professional, to create and launch exciting, innovative and scalable businesses is aiming to build on its success, as applications open for the third program.

Prospex, Raffles Energy report first gas in Romania

Prospex Oil and Gas Plc, the AIM quoted investment company, has announced that it has been advised by the operator, Raffles Energy S.R.L., that first gas production has commenced from Bainet gas field in the Exploration Area of the EIV-1 Suceava Concession, northeastern Romania.

Cygnus becomes world's first offshore platform available for a virtual tour

Cygnus, the largest single producing gas field in the southern North Sea, is now available for a virtual tour.

Hurricane Energy completes Lancaster EPS subsea installation

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 Lancaster field (Lancaster EPS).

Oil majors face "monumental" costs to reach climate goals

Europe’s largest oil companies must roughly double the amount of money they’re now dedicating to “new energies” by the end of the decade to meet key climate targets, according to a report from JPMorgan Chase & Co. that suggests the challenge facing the fossil fuel industry has been vastly underestimated.

Norway poised to battle with global giants in German gas market

After supplying Europe’s biggest economy with natural gas for more than four decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21-billion market.

Siccar Point defers drilling of Lyon exploration well until 2019

With the Cambo well operations shortly due to complete, Siccar Point Energy E&P Limited and its JV partner have elected to defer the drilling of the Lyon exploration well (Licence P.1854) until 2019.

Faroe Petroleum to drill first well in PL 825, offshore Norway

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.

Equinor granted drilling permit for wildcat in PL 751

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 6407/11-1, cf. Section 15 of the Resource Management Regulations.

Norway's largest oil pipeline now in place

Last week Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, reached the Johan Sverdrup field in the North Sea.

Block Energy, NOC ink MOU for hire of drilling and workover rigs

Block Energy Plc, the exploration and production company focused on the Republic of Georgia, has announced execution of a non-binding Memorandum of Understanding (MOU) with Georgia-based drilling contractor, JSC Norio Oil Company (NOC), for the provision of a drilling and a workover rig.

Maersk Drilling, Aker BP sign major contract founded on joint alliance

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 parties entered into in 2017.