Atlantic Petroleum has agreed to sell its Norwegian activities to M Vest Energy - a company partly owned by Atlantic's existing management. The Norwegian activities include all of Atlantic's assets and licenses, the liabilities of the licenses…
Dana Petroleum awarded Atlantic Offshore an emergency response rescue vessel (ERRV) contract to support the Ocean Guardian semisubmersible in the UK North Sea. Atlantic will use its Ocean Sprite ERVV in the contract, which is for two wells estimated at 70 days each…
Eco Atlantic Oil & Gasand Tullow Oil subsidiary companies entered into a 10-year agreement with the government of Guyana to explore the deepwater Orinduik block, offshore Guyana, South America. Map of the Orinduik block…
A team of subsurface and facilities engineers have been working together to create a viable, small footprint solution for a string of sour fields in the UK’s Outer Moray Firth. Mike Cooper explains. Cooper…
Atlantic Petroleum has announced that its subsidiary, Atlantic Petroleum UK Ltd., has completed the sale and purchase agreement with Third Energy Offshore for the sale of Atlantic Petroleum’s interests in P1724 (UK Block 43/13b which contains the Pegasus West Gas Discovery)…
Providence Resources agreed to acquire Atlantic Petroleum’s 4% stake in frontier exploration license (FEL) 3/04 in the southern Porcupine Basin offshore Ireland. As a result of the transaction, which is still subject to ministerial approval…
Atlantic Petroleum is withdrawing from, and farming out of two production licenses in the Norwegian Sea. Roald Rygg map. From Statoil. The company submitted a notice of withdrawal…
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 6706/11-2 on the Gymir prospect. Well 6706/11-2 will be drilled from the Transocean Spitsbergen semisubmersible drilling rig after completing…
Statoil confirmed its second discovery in the Aasta Hansteen area with the Roald Rygg prospect in the Norwegian Sea. Map of Roald Rygg. From Statoil. The gas discovery was made at…
Drilling has started on the Roald Rygg well 6706/12-3 nearby the recently drilled Snedfrid North discovery in the Norwegian Sea. Statoil is drilling on Roald Rygg using the Transocean Spitsbergen semisubmersible drilling rig. Well…
Statoil and Rocksource entered into a sale and purchase agreement (SPA) for the PL 602 license in the Norwegian Sea, in which Statoil will acquire Rocksource’s 10% interest. PL 602 is located immediately west of Statoil’s Aasta Hansteen…
Statoil has agreed to buy stakes in production license 602, close to the Aasta Hansteen development project, in the Norwegian Sea from Norwegian exploration firm Rocksource and Faroese explorer Atlantic Petroleum. Statoil will take Rocksource’s 10% stake in PL602 and 2…
Norway's Ministry of Petroleum has welcomed interest in its latest Awards in Pre-defined Areas licensing round, despite the expection that future discoveries in the area will be smaller than in the past. Stakes in some 54 new production…
Rocksource said it encountered a thick well-developed basin floor fan sand with a gas-accumulation at the top in the Kvitnos target in the PL 528 Ivory exploration well in the Norwegian Sea. In the deeper Lysing target, the well penetrated a poorer than expected water-bearing sand…
Eco (Atlantic) Oil & Gas has started a 1000km 2D seismic survey on the Guy Block in the Walvis Basin, offshore Namibia. Eco Atlantic is using PGS Geophysical to perform the Survey, which is expected to be completed by the end of the month…
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