The company has together with license partner Equinor completed an appraisal in PL 229 in the Barents Sea through the successful drilling of the 7122/7-7 S Goliat West appraisal well.
The contract is subject to necessary approvals and is contingent on results of the 2019 drilling programme, which includes the drilling of four wells in Israel.
The company has announced the results of the Brasse East exploration well 31/7-3 S and the Brasse appraisal sidetrack 31/7-3 A in the northern North Sea.
The independent oil and gas developer's TLP-101 and TLP-102 wells are located in the Tilapia field in the Republic of Congo.
At plateau, the Egina field will produce 200 000 bpd, which represents about 10% of Nigeria’s production.
The rig will be the first ultra-deepwater floater rated for 20 000 psi operations and is expected to commence operations in the Gulf of Mexico in the second half of 2021.
The company has announced the spud of the ENI UK Limited operated Rowallan exploration well 22/19c-G.
Highlands has announced that its operating partner has successfully concluded completion operations for the six new wells at the East Denver Project and flowback has commenced from three of those six.
Jack Allardyce, oil and gas research analyst at Cantor Fitzgerald Europe, gives his thoughts on expected oil growth for next year.
Russia accounts for more than 90% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the Former Soviet Union (FSU) over the period 2018 - 2025, according to GlobalData.
According to ESAI Energy’s recent North America Watch, local refinery demand for light sweet crude will remain unchanged, so these new flows will double the surplus crude available for export.
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 2/11-12 S cf. Section 15 of the Resource Management Regulations.
The Vladimir Filanovsky field accounts for the most significant gain in production.
The company is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO life extension has now been signed.
The three-year contract, which comes with the option of a two-year extension, will include skip and ship and solids control to manage and process drill cuttings.