ExxonMobil said on Thursday it will sell its Norwegian upstream oil and gas assets to independent exploration and production company Vår Energi for $4.5 billion as part of an ongoing large-scale global divestment plan.The deal, which is expected to close in the fourth quarter…
Archer said it has secured a contract with a North Sea operator for the provision of drilling services using the modular drilling rig Archer Topaz.The firm contract commitment is for permanent plugging and abandonment of two wells and recovery of conductors…
The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean Breeze Energy is the owner of North Sea wind farm BARD Offshore 1, from Unicredit…
Oilfield procurement specialist Craig International said it has been awarded its first contract with Petrofac in the UK.The company will provide third party procurement services and supply general oilfield products to support Petrofac’s offshore operations in the North Sea…
Oil and gas company Hague and London Oil (HALO) said it has reached an agreement to acquire a group of assets in the Dutch and UK sectors of the North Sea from ONE-Dyas (OND).These interests consist of 7.9% of the Sillimanite Development Unit…
Whatever the state of gas markets, new Norway operators keen on the commodity as cheap energy for millions of their citizens or as lynchpin of a new chemicals industry are pressing ahead taking organizational hiccups in-stride.That’s the case of Polish gas player…
Subsea monitoring specialist Sonardyne International said its long-endurance sensors will be used by Shell during a 10-year seabed subsidence monitoring campaign at Norway’s second largest gas field. the Ormen Lange .Setting out to continuously…
US-based subsea technology and data company Ocean Infinity said it has compleetd an expedition on the Mohns Ridge in the north-western Norwegian Sea, on behalf of the Norwegian Petroleum Directorate (NPD).NPD had been assigned the task of mapping…
UK based oil and gas company Hurricane Energy said the 204/30b-A (Warwick West) well was spudded on Tuesday using the Transocean Leader rig.Warwick West is the third and final well of the 2019 Greater Warwick Area drilling program on Hurricane's…
Oilfield services company Archer announced on Tuesday that it has been awarded a 15-month extension to its existing platform drilling and maintenance services contract for Aker BP’s Valhall and Ula platforms on the Norwegian Continental Shelf…
Norway's oil output fell by 10.1% year-on-year in August to 1.353 million barrels of oil equivalents per day, lagging official forecast by 4%, the country's Petroleum Directorate (NPD) said on Tuesday.Daily natural gas output fell by 19.8% from the year before…
Tracerco, part of Johnson Matthey Plc, reports it has recently been awarded seven subsea inspection projects to provide flow assurance and asset integrity data on a variety of pipelines, flowlines and risers in the North Sea, Gulf of Mexico (GoM) and Offshore West Africa…
Switzerland's top court has allowed Geneva prosecutors to share with Italy material they seized more than three years ago that could shed light on a case involving oil majors Eni and Royal Dutch Shell and corrupt payments in Nigeria.In a ruling announced on Monday…
Equinor and Britain's SSE have won a tender to build three wind farms off Britain, which the Norwegian firm said together will form the world's largest such development.Like other European oil firms, Equinor is developing its renewables business…
The 13/23c-9 pilot well on i3 Energy's 100% owned Liberator field has been plugged and abandoned as planned following completion of the vertical seismic profile ('VSP') survey and shear wave sonic logging, the independent oil and gas company said in an operations update on Friday…