Drilling & production

Tullow Oil Norge AS, operator of production licence 776, is in the process of completing the drilling of wildcat well 16/5-6.

Faroe Petroleum has announced the completion of a successful side-track appraisal well on the Brasse discovery in licence PL740.

The Norwegian Petroleum Directorate has granted permission to use the facility on the Tambar field in the North Sea until 1 January 2022 to coincide with the expiry of production licence 065.

AWE Limited has announced that operations relating to the AAL-4XST1 appraisal well have been completed and the Raniworo jack-up drilling rig was released on 7 July 2016.

It is feared that the Arctic regulations could inhibit innovation, technological advancements and US energy leadership.

The company has completed its drilling activities on the Rome Prospect.

API's Quarterly Well Completion Report shows that there has been a 69% decrease in well completions during 2Q16.

GE Oil & Gas may also involve other GE businesses in the collaboration with NOV.

Multi-million pound order for flushing rigs was designed and manufactured in Sunderland.

The company has provided an operational update on its drilling and completions activities on the Taq Taq and Tawke fields.

Total duration including options is 10 years and with an estimated value of NOK 1.2 million.

Awards include an EPCI contract for the accelerated start-up of the Zohr Development Project.

This business line will be operated from Blackhawk’s operations headquarters in Houma, Louisiana and other select markets worldwide.

Lundin Norway ASA has completed its acquisition of an additional 15% stake in the Statoil Petroleum AS Edvard Grieg field.

Noble Energy Inc. has announced that it signed a definitive agreement to divest a 3% working interest in the Tamar field, offshore Israel, to the Harel Group.