Exploration ///

Exxon Mobil ready for Norwegian exit

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.

Capricorn Norge AS granted drilling permit for exploration well southeast of Norne

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.

Aker BP granted drilling permit for exploration well northeast of Norne

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.

NPD announces delineation of Edvard Grieg field in the central North Sea

Lundin Norway AS, operator of production licence 338, has completed the drilling of exploration wells 16/1-31 S and 16/1-31 A.

Petrobrás makes biggest gas discovery in the Sergipe basin since 2006

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.

Aker BP granted drilling permit for wildcat east of Frigg field

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 discovers oil and gas from exploration well Snadd Outer Outer/Black Vulture

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 completes drilling of wildcat southeast of Korpfjell discovery

Equinor Energy AS, operator of production license 859, has completed the drilling of wildcat well 7335/3-1.

UKCS shows signs of upside potential

The business and operational improvements implemented during the downturn have positioned the UKCS as a much more attractive basin for E&P companies.

SPE Offshore Europe 2019: Breakthrough to Excellence – Our license to operate

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.

SPE Offshore Europe 2019 awaits you!

The SPE Offshore Europe 2019 conference and exhibition is fast approaching.

Companies in the news

Emily Querubin, World Oil

Sparrows Group has won contract renewals worth an estimated £30 million on the UKCS.

Regional report: Russia

Mike Slaton, Contributing Editor

Between rocks and hard places

Gazprom Neft, Repsol and Shell to develop major exploration cluster on Gydan Peninsula

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 awarded two new exploration licenses on UKCS

DNO ASA has been awarded two exploration licenses as operator by the Oil and Gas Authority (OGA), under the UK’s 31st licensing round.

Dominican Republic to hold first 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.

E&P companies need to prove they can be competitive, analysts say

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 awarded two exploration blocks offshore Ivory Coast

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 completes drilling of wildcat, northeast of Gina Krog

Aker BP ASA, operator of production licence 814, has completed the drilling of wildcat well 15/6-15.

Equinor awarded five new licenses on the UKCS

Equinor has today been awarded five licenses by the Oil and Gas Authority (OGA) - four as operator and one as partner.