Lime Petroleum AS has entered into sale and purchase agreements with DNO Norge AS (‘DNO’) and OKEA ASA (‘OKEA’), to acquire 10.7212% and 6.2788% interests respectively in PL740 in the Norwegian North Sea, in which the Brasse Field is expected to start commercial production in 2027.
On 01 November 2023, Pauline Innes, Director of Supply Chain and Decommissioning at the NSTA, wrote to licensees reminding them of their obligation to decommission wells in a timely manner.
Panoro Energy ASA has announced that the Hibiscus south well (DHBSM-1) has made a commercial oil discovery on the Dussafu Marin Permit offshore Gabon (Panoro Energy 17.5% working interest).
Equinor has made a gas discovery by the Gina Krog field in the North Sea. The discovery is small, but gas production can start as early as 2023.
The Seagull project was developed by Neptune in partnership with BP and JAPEX and is tied back to the BP-operated central processing facility of the eastern tough area project in the Central North Sea.
The American Petroleum Institute has called on the Biden administration to help meet growing energy demand by allowing for consistent and predictable access to America’s vast energy resources offshore.
PETRONAS’ subsidiary, PETRONAS Suriname E&P B.V. (PETRONAS Suriname E&P), has made an oil discovery at the Roystonea-1 exploration well in Suriname’s Block 52.
The company’s reservoir monitoring and source acquisition services utilise technology to gather critical data on subsurface reservoirs.
TGS has announced the recent approval by the Bangladesh Government of the new offshore model production sharing contract 2023 (PSC).
Subsea7 has confirmed the award of a major contract amendment by Petrobras for the development of the Mero 4 field located approximately 200 km off the coast of the state of Rio de Janeiro, Brazil.
Serica Energy has announced the award of a 100% interest in UK block 29/2a to its wholly owned subsidiary Tailwind Energy Chinook Limited in the UKCS 33rd offshore licensing round. The award is subject to the execution of licence documentation.
DNO ASA, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO North Sea (UK) Limited has been awarded a 50 % operated interest in Blocks 9/9f, 9/10c, 9/14c and 9/15d in United Kingdom’s 33rd offshore licensing round. Aker BP will hold the remaining 50 % in the licensed area.
The company has launched a programme for operators and integrated service providers beginning to plan their well abandonment operations.
TGS, in partnership with SLB and Petrobangla, completed the first phase of a 2D seismic acquisition programme in April 2023.
CNOOC Limited has announced that Penglai 19-3 Oilfield Area 5/10 Development Project has commenced production