Statoil has spudded the last well of its three-well drilling campaign on the UK Continental Shelf (UKCS). Transocean Spitsbergen. Image from Statoil. According to partner Jersey Oil & Gas (JOG)…
First gas has been exported from Cygnus Bravo, a satellite to Engie E&P UK's Cygnus field development in the UK southern North Sea. Cygnus Bravo is a wellhead platform 7km from Cygnus Alpha, to which first gas was exported on 1 August…
Statoil and partners OMV and Petoro have made a non-commercial gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well found a small amount of oil. The well was drilled in license PL 855…
Statoil has received the green light from the Norwegian Petroleum Directorate (NPD) for a drilling permit for the Koigen Central wildcat (well 7317/9-1) in the Barents Sea. Map of 7317/9-1, Koigen Central…
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for wildcat well 7435/12-1 in the Barents Sea. Map of 7435/12-1, from NPD. Well 7435/12-1 in production…
The Water Power Technologies Office (WPTO) and Oregon State University have concluded detailed negotiations around the development and operation of the Pacific Marine Energy Center South Energy Test Site (PMEC-SETS), a world-class wave energy…
Statoil and partners Eni and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea, despite having been looking for oil. The Songa Enabler…
Map of Anchor, from Chevron. Houston’s Cobalt International Energy has entered into a definitive agreement with its co-owners in the Anchor development to unitize and include Cobalt’s…
Talos Energy and partners Sierra Oil and Gas, and Premier Oil have made an estimated 1.4-2 billion bbl, 'world-class' light oil discovery at the Zama-1 exploration well, offshore Mexico. The find has been described as one of the 20 largest…
Norwegian oil major Statoil is preparing to spud the first of a three-well exploration campaign, including the high-impact Verbier prospect, on the UK Continental Shelf. Early this month, the Transocean Spitsbergen semisubmersible drilling rig will spud the first well…
Classification and technical services provider ABS has granted an Approval in Principal for Chiyoda Corp.’s floating liquefied natural gas (LNG) power plant and floating storage and regasification unit design concept. ABS said the concept…
Norwegian authorities have approved Statoil’s estimated US$2.3 billion (NOK20 billion) plan of development and operation (PDO) for the Njord and Bauge fields in the Norwegian Sea. Source: Statoil Statoil…
BP is getting an extension from Cue Energy Resources that will allow the UK supermajor more time to consider acquiring 42.5% stake in the permit in which the Ironbark prospect is thought to straddle on Australia’s North West Shelf. Map of Ironbark…
Renewable energy sources are set to radically reshape global energy markets, says Wood Mackenzie (WoodMac). For the majors, this poses a threat to legacy oil and gas operations, but is also an opportunity to diversify and future-proof portfolios…
BP’s corporate investing arm BP Ventures has awarded US$20 million in Series B funding to artificial intelligence (AI) and cognitive computing firm Beyond Limits to adapt and deliver industrial-grade AI software, used in deep space exploration…
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