Exploration ///
Speaking after reports that ExxonMobil is preparing to put its Norwegian upstream portfolio up for sale, Neivan Boroujerdi, Wood Mackenzie, said “The move doesn’t come as a surprise.
The Norwegian Petroleum Directorate has granted Capricorn Norge AS a drilling permit for well 6508/1-3 cf. Section 15 of the Resource Management Regulations.
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 6608/6-1 cf. Section 15 of the Resource Management Regulations.
Lundin Norway AS, operator of production licence 338, has completed the drilling of exploration wells 16/1-31 S and 16/1-31 A.
Petrobras has made its biggest discovery in the Sergipe since the pre-salt in 2006. Of six fields, it expects to extract 20 MMcmd of natural gas, equivalent to a third of the total Brazilian production.
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/2-20, cf. Section 15 of the Resource Management Regulations.
Equinor, alongside partners Ineos E&P and Faroe Petroleum, has made an oil and gas discovery in exploration well Snadd Outer Outer/Black Vulture in production license 159B, in the Norwegian Sea.
Equinor Energy AS, operator of production license 859, has completed the drilling of wildcat well 7335/3-1.
The business and operational improvements implemented during the downturn have positioned the UKCS as a much more attractive basin for E&P companies.
Recognized by professionals in the upstream industry’s offshore sector as Europe’s leading E&P event, the SPE Offshore Europe (OE) Conference & Exhibition is gearing up for another year in Aberdeen, Scotland.
The SPE Offshore Europe 2019 conference and exhibition is fast approaching.
Emily Querubin, World Oil
Sparrows Group has won contract renewals worth an estimated £30 million on the UKCS.
Mike Slaton, Contributing Editor
Between rocks and hard places
Gazprom Neft, Repsol and Shell have signed a memorandum of understanding at this year’s St. Petersburg International Economic Forum, establishing a JV to develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula.
DNO ASA has been awarded two exploration licenses as operator by the Oil and Gas Authority (OGA), under the UK’s 31st licensing round.
The Ministry of Energy and Mines of the Dominican Republic, in partnership with Wood Mackenzie, has announced its first licensing round to open at an event in Houston on July 10, 2019, closing in December 2019.
The Russell 3000 reconstitution later this month will be key for energy companies vying for investor attention, given an already low weighting in the index, according to Barclays Capital Inc.
Eni has signed the contracts for two new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The blocks were part of the 20 blocks available at the end of 2018.
Aker BP ASA, operator of production licence 814, has completed the drilling of wildcat well 15/6-15.
Equinor has today been awarded five licenses by the Oil and Gas Authority (OGA) - four as operator and one as partner.