Oil & gas news
Equinor awarded 26 new production licences on the Norwegian continental shelf
In 2023 the company plans to participate in 25 exploration wells, most of them around existing infrastructure.
GD Energy Products and Catalyst Energy Services announce hydraulic fracturing partnership
The companies have announced their partnership to bring high horsepower, lower emissions technology to hydraulic fracturing.
APA 2022: 25 companies offered ownership interests
On 10 January 2023, 25 companies were offered ownership interests in a total of 47 production licences on the Norwegian shelf in the awards in predefined areas (APA) 2022.
Archer acquires P&A specialist Romar-Abrado and increases guidance for 2023
The acquisition is based on an enterprise value of US$8 million, plus earn-out pending trading performance over 2023 to 2025.
FET delivers trio of ROVs to OceanPact in Brazil
The systems will be deployed across two of OceanPact’s vessels to support inspection, repair and maintenance services for Petrobras' oilfields.
Westwood: Discoveries at lowest level outside of Russia for more than a decade
The company found that outside Russia, discoveries in 2021 were at the lowest level (3.4bnboe) since at least 2008.
NPD discuss investments for the future on the Shelf
The Norwegian Petroleum Directorate consider how Norway has fortified its role as a predictable, long-term supplier of energy to Europe.
CGG commences 7700 sq km Foz do Amazonas 3D seismic reimaging project
The project, supported by industry funding, is expected to complete by the end of 2023, with fast-track products available by June.
Neptune Energy starts production at Römerberg 6 well, Germany
Initial production tests indicate flow rates of up to 1800 barrels of oil equivalent per day (boepd).
Odfjell Drilling Ltd agrees contract with PGNiG Upstream Norway AS for the use of drilling rig Deepsea Yantai
The contract includes the drilling of one firm well, ‘Tomcat’, in PL 1055 in the Norwegian Sea, with the option to drill two further wells in 2024.