2017 is set to be a record year for exploration in the Barents Sea, with one prospect in particular getting most of the attention. Edison Investment Research’s Elaine Reynolds explores the scene. Tapping Korpfjell: the Songa Enabler…
The Isle of Man has launched an offshore licensing round for acreage that has not been reviewed in more than 20 years. Isle of Man. Image from iStock. Earlier this week, the…
The UK's Oil and Gas Authority (OGA) has launched the 30th Offshore Licensing Round, with 813 blocks or part blocks on offer in mature areas of the UK Continental Shelf (UKCS), covering a total 114,426sq km. Image from iStock…
The Oil and Gas Authority (OGA) has offered for award 12 licenses to 11 companies, including Statoil, BP, Shell, Maersk, Apache and EnQuest in the 2016 Supplementary Offshore Licensing Round. Fourteen blocks were originally on offer in this Supplementary Round…
Geoscience firm Spectrum has started the acquisition of a new seismic survey in the Barents Sea as part of the ongoing Norwegian 24th licensing round. The new Norsel High 3D acquisition comprises a minimum of 1600sq km, covering four blocks that are included in the round…
Norway’s Ministry of Petroleum and Energy today (21 June) announced it will offer 102 Norwegian Continental Shelf blocks for bidding in the 24th licensing round. Nine blocks in the Norwegian Sea and 93 blocks in the Barents Sea will be offered…
The UK's Oil and Gas Authority (OGA) has announced a suite of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS) ahead of the 30th Offshore Licensing Round. The 30th Offshore Licensing…
Lebanon has extended the deadline for the results of the second pre-qualification round in the country’s first-ever offshore licensing round, to give companies more time to respond to requests from the Lebanese Petroleum Administration (LPA)…
Norway's Ministry of Petroleum and Energy has set out proposed exploration blocks to be offered in the 24th licensing round, including a large tranche in the Barents Sea. The move follows an invitation to oil companies to nominate blocks for inclusion in the 24th Licensing Round…
Electromagnetic Geoservices (EMGS) and TGS-NOPEC Geophysical (TGS) have agreed to expand the companies' cooperation agreement in the Barents Sea. TGS will be investing in a 3D CSEM data acquisition project related to the 24th licensing round in Norway…
Norway's latest licensing round has seen the fewest companies awarded licenses in the Norwegian Awards in Predefined (APA) areas in a decade. But, the number of licenses offered remains high - the most since 2013, in fact, creating an opportunity…
The UK's Oil & Gas Authority (OGA) has invited companies to apply for new licenses to drill at 14 blocks in the supplementary round to the 29th oil and gas licensing round. The 14 blocks on offer in the supplementary round are outside of the 29th oil and gas licensing round offer area…
The Oil and Gas Authority (OGA) has attracted 29 applications covering 113 blocks in the latest offshore licensing round which targeted under-explored areas of the UK Continental Shelf (UKCS). The 29th frontier licensing round, launched on 27 July 2016…
Norwegian geoscience firm Spectrum has started a 1800sq km multi client 3D seismic survey offshore Norway in the Western Barents Sea. The new survey, designed based on interest from industry will tie and complement Spectrum's existing 3D surveys in the area…
The UK's offhsore regulator, the Oil and Gas Authority (OGA), has launched the 29th Offshore Licensing Round, with more than 1200 blocks on offer. The latest round has been set out to support the OGA’s objective of maximizing economic recovery…