Madrid-based integrated offshore operator Repsol is leading a pack of foreign oil companies in Norway that are extracting largely tail-end production in exchange for paying a decommissioning tab or getting a second shot at an older oilfield…
Indonesia has announced the winner of its third bidding round that will operate oil and gas blocks in three locations, Deputy Energy Minister Arcandra Tahar, said on Thursday.The winners are Pearloil (Theralite) Ltd. for South Andaman block…
A revised plan for development and operation (PDO) for the Yme field in the Norwegian North Sea has been submitted to Norway's Ministry of Petroleum and Energy by operator Repsol. Repsol says it's going to invest about US$960 million (NOK8 billion) in the Yme New Development project…
Spanish oil firm Repsol has awarded UK engineering firm Atkins a contract for structural front end engineering design (FEED) and detailed design services for work on the Yme field offshore Norway. Repsol Norge is moving forward with a new attempt to develop the Yme field…
Ardyne, provider of plug and abandonment and slot recovery technology, has appointed Paul Warwick as non-executive chairman. Warwick has been a non-executive director of Ardyne since shortly after the launch of the company in 2016. He is also executive chairman of Whalsay Energy…
Oilfield services company Expro (5D110) has secured a five-year master services agreement with Repsol Sinopec Resources UK, for well services across its UK North Sea assets, the firm revealed during SPE Offshore Europe. The contract is…
Atlantic Petroleum has completed the sale of its 25% interest of UK license P.1606 Orlando to Decipher Energy. The Orlando project is a planned subsea tieback to the Ninian platform, operated by CNR International. Atlantic will get…
North Sea independent explorer Jersey Oil & Gas says the Verbier prospect, due to be drilled by Statoil this summer, contains 162 MMboe mean prospective resources. The estimate - and increase on a previous 118 MMboe estimate - was made…
Atlantic Petroleum has agreed to sell its 25% stake in the Orlando development to Decipher Energy. The project is a planned subsea tieback to the Ninian platform, operated by CNR International. Decipher Energy was set up in September…
Operators in mature basins are facing decisions about whether to invest in life extension projects or bite the decommissioning bullet. Elaine Maslin sets out the detail. Keeping platforms going…
Repsol Sinopec Resources UK Ltd. (formerly Talisman Sinopec Energy UK) has exercised options to extend the charter of the Safe Boreas accomodation vessel by 44 days. In mid-March 2016, the Safe Boreas started a 245-day firm operational period at Montrose A in the UK sector of the North Sea…
Repsol Sinopec North Sea (formerly Talisman North Sea) has extended its lease on the Bleo Holm floating production, storage and offloading (FPSO) unit up to 30 June 2018. The Bleo Holm is the sixth Bluewater designed, built, owned and operated FPSO…
Repsol Sinopec Resources UK Ltd. has award a number of new contracts for the provision of all maintenance and construction labour, engineering support services and fabric maintenance, covering its offshore assets and the terminal at Flotta…
As of 4 July, the business formerly known as Talisman Sinopec Energy UK has been renamed as Repsol Sinopec Resources UK. This follows the acquisition, in 2015, by Repsol of the global assets of the former Talisman Energy, including a 51% stake in the UK North Sea joint venture with Sinopec…
Statoil has agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK license for the Utgard field, which straddles the Norwegian and UK median line. The move will see Statoil increase its holding in the license to 100%…