Sale of Eni and Equinor’s Onshore Assets in Nigeria Is Approved
The Nigerian Petroleum Regulatory Commission (NUPRC) has given the green light for the sale of Eni and Equinor assets to Nigeria’s Oando. The deals had been pending for months as they required approval from the Minister of Petroleum under the recently passed Petroleum Act. Approvals for ExxonMobil’s $1.3 billion sale …
Aker BP Discovers the Hassel Gas Field in the Barents Sea
Norwegian oil and gas company Aker BP has completed drilling of exploration well 7324/8-4 (Hassel) and explored a gas reservoir in the Barents Sea, approximately 300 km from the northern coast of Norway. This was reported by the Norwegian Offshore Directorate (NOD). Hassel field According to preliminary estimates, the volume …
Orlen Acquired a Share in the Atlantis Gas Field in the North Sea
The Polish energy concern Orlen through its daughter PGNIG Upstream Norway acquired a twenty percent share in the Atlantis gas field in the North Sea, the company reports. “We have acquired a twenty percent share in the Atlantis field, one of the largest, opened in recent years on the Norwegian …
Equinor Finds Oil in the Svalin Field Offshore Norway
Norwegian international energy company Equinor has made a new oil discovery under Production License No. 169 in the Norwegian North Sea after drilling well 25/11-H-1 H in the Svalin field. The well, drilled by the Deepsea Aberdeen rig, encountered oil in thin layers of sandstone with very good reservoir quality …
ExxonMobil and Partners Discovered Oil in Block 15 Offshore Angola
The Angolan National Agency of Oil, Gas and Biofuels (ANPG) reported the successful drilling of the Likembe-01 exploration well, located in the Kizomba B development zone, Block 15, operated by ExxonMobil in partnership with Azule Energy, Equinor and Sonangol. Likembe-01 is located at a depth of 1200 meters, intersecting Miocene …
Equinor and Petoro Exchanged Offshore Assets
Equinor and Petoro have entered into a value-neutral asset swap agreement in the Haltenbanken area. This was reported by the Equinor press service. Equinor will increase its participation in the Heidrun and Noatun fields and reduce its participation in the Tyrihans and Castberg, Carmen and Beta fields. Theses by K. …
Transocean Signs Offshore Drilling Contract at $505,000/day
Offshore drilling contractor Transocean has announced an offshore drilling contract at a bargain price above $500,000/d amid continued demand for high-performance offshore drilling rigs. General Director D. Thigpen spoke about this during the webcast of the April 29 report on Transocean’s profits for the 1st quarter. 2024 Deepwater Asgard contract …
Equinor Is Ready to Begin Drilling Work at the Johan Castberg Field in the Barents Sea
The Norwegian Ocean Industry Authority (Havtil) has granted Equinor permission to drill at the Johan Castberg field in the Barents Sea. Havtil reports. Transocean Enabler Drilling operations will be carried out using a semi-submersible drilling rig (SSDR) Transocean Enabler: built at the South Korean shipyard Daewoo Shipbuilding & Marine Engineering …
Aker BP Commissions Hanz field in the North Sea
Aker BP has started production at the Hanz field in the North Sea. This was reported by the press service of the Norwegian company. Theses from Aker BP CEO K. Hersvik: this is another great example of what we can achieve by working as a team with our suppliers to …
Norwegian Equinor and American EQT Corporation Exchanged Assets
Equinor has entered into a deal to swap its onshore US assets in the Marcellus and Utica shale formations in Ohio for an unexploited stake in the Northern Marcellus formation of US energy company EQT Corporation, a hydrocarbon exploration and pipeline operator with operations in Pennsylvania, West Virginia and Ohio. Equinor …