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Oil & gas news

 
 

Statoil agrees farm-in with OMV in New Zealand

Statoil has agreed with OMV to acquire a 30% working interest in Petroleum Exploration Permit (PEP) 57073. This will further strengthen Statoil’s position in New Zealand.

 
 
 
 

Horse Hill-1 well: significant flows

UK Oil & Gas Investments has announced that light, 40-degree API, sweet oil has flowed naturally to surface from an 80 ft zone within the Lower Kimmeridge limestone interval at a depth of approximately 900 m below ground level.

 
 

Start up at in Salah Southern Fields

In Salah Gas, a joint venture between Sonatrach, BP and Statoil has announced the start up of its Southern Fields project.

 

James Fisher Offshore partners with Aquatic

James Fisher Offshore, part of James Fisher and Sons plc, has stated the signing of a cooperation agreement with Aquatic Engineering & Construction Ltd.