RWE Dea Norge has started drilling the Atlas exploration well in production license 420 after approval from the Norwegian Petroleum Directorate (NPD). Atlas, also known as well 35/9-12 S, is located in the North Sea approximately 45km off Norway…
Total E&P Norge encountered oil after drilling an appraisal well on the Garantiana prospect in production license 554 in the Norwegian North Sea. Appraisal well 34/6-3 S was drilled on Garantiana and exploration well 34/6-3 A, a sidetrack well…
The Danish Energy Agency (DEA, Energistyrelsen) reported record interest from oil and gas companies in the upcoming licensing round for blocks in the North Sea. DEA received 25 applications from 15 oil companies, and several applicants have not previously held licenses in Denmark…
GDF SUEZ E&P and BP have made an oil and gas discovery spanning two blocks in the in the UK Central North Sea. The discovery well 30/1f-13AZ, which spans GDF SUEZ-operated Block 30/1f (license P1588) and BP-operated Block 30/1c (license P363)…
RWE’s sale of its exploration and production subsidiary RWE Dea AG to a Russian investor is still going ahead, the firm says, despite a question mark over the UK assets involved. The US$7 billion deal, with Russian-backed LetterOne Group…
Germany's RWE Dea is will not submit a plan for development and operation (PDO) for the Norwegian Sea Zidane development in October as planned, the firm has said, citing the need to improve the project's economics. ”Further value enhancement…
Petroceltic International's joint venture with Edison International Spa has been awarded the North Port Fouad Block, in the Egyptian Natural Gas Holding Company 2013 International Bid Round. North Port Fouad (Block 7), is offshore the Nile Delta and lies to the north of…
German company RWE Dea has been awarded two offshore blocks in the Gulf of Suez in Egypt’s international bid round. The new RWE Dea licences in the Gulf of Suez Map from Dea RWE will become…
Nearly 50 companies have made applications for licenses in the Norwegian government's lates licensing round. The deadline for applications ended September 2. Norway's Ministry of Energy and Petroleum said applications had been received…
Lundin Petroleum has announced a successful initial appraisal campaign offshore Malaysia and the start of drilling on a new exploration well in the Barents Sea. The Barents well is exploration well 7220/11-1 in PL609 in the Norwegian sector of the Barents Sea…
RWE Dea has achieved 30 years oil production in the Gulf of Suez. The company has produced over 640 million bbl of crude during these three decades. Ongoing investments in modern technology and infrastructure have maintained high production levels…
Calgary-based Sterling Resources issued its 1Q results today, reporting US$20.5million revenue attributable to production from the Breagh gas field in the UK North Sea, and expenses of $2.6 million during the quarter. The average expected…
Norway’s Statoil is to keep its Snorre B platform shut in until an investigation finds the cause of a pit which formed at a subsea template. The pit, described as “an abnormal erosion of mass under the template” was discovered on Saturday (17 May)…
RWE Dea and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a joint study agreement to evaluate the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea. The agreement was regarding the joint evaluation…
Germany’s RWE Aktiengesellschaft has conditionally agreed to sell its exploration and production firm subsidiary RWE Dea AG to Russian-backed LetterOne Group for about Euro 5.1 billion (US$7 billion). LetterOne was founded last year as an investment vehicle…
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