Oil & gas news
Lundin awarded stake in three Barents Sea blocks
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has been awarded three exploration licences in the 24th licensing round in Norway. All of the licences are located in the southern Barents Sea with one of the licences operated by Lundin Norway.
Shell gains consent to drill 6304/3-1 well in PL832
The Norwegian Petroleum Directorate has granted A/S Norske Shell a drilling permit for well 6304/3-1, cf. Section 15 of the Resource Management Regulations.
Aker Solutions teams up with SAP for next steps in digitalising its business
Aker Solutions accelerates its digitalisation efforts by moving its internal SAP applications to SAP's cloud, aiming to improve operations and drive efficiency.
Rystad Energy: The United States again holds more recoverable oil than Saudi Arabia
The US has added close to 50 billion bbls over the last year and now holds an estimated 310 billion bbls of recoverable oil with current technologies, equal to 79 years of US oil production at present output levels.
Equinor awards light well intervention contract to Akofs
Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025.
Mayan Energy establishes plan to unlock substantial oil reserves at Zinc Ranch, Oklahoma significantly increasing production
The multi-phase work programme, consisting of workover, new drill and pressure maintenance operations, is focused on increasing production and proving up substantial reserves at Zink Ranch that are believed by the Company to be economically recoverable.
SPE Offshore Europe 2019 Chair: industry has to demonstrate 'license to operate'
‘Our license to operate: breaking through to excellence’ will form the theme of the biennial conference and exhibition which will take place in Aberdeen from 3 - 6 September 2019.
BHGE wins large scope in Equinor’s drilling and well services contract
This partnership aims to significantly improve operational efficiencies and reduce well costs over the life of the project through a holistic and collaborative development approach.
UK Oil & Gas Investments applies for Broadford Bridge-1/1z planning consent extension
UK Oil & Gas Investments PLC announces that its wholly owned subsidiary, Kimmeridge Oil & Gas Limited (KOGL), has applied to West Sussex County Council (WSCC) to extend the Broadford Bridge-1/1z (BB-1/1z) planning permission for a further 18 months to 31 March 2020. BB-1/1z is located in the 300 km² PEDL234 licence, in which the Company has a 100% interest via its ownership of KOGL.
Sound Energy finalises TE-9 well location in the Tendrara-Lakbir permit
Sound Energy, the Moroccan focused upstream gas company, has confirmed that it has now finalised the specific location of its approaching TE-9 exploration well which will target the A1 prospect in the Company's Tendrara-Lakbir permit, Eastern Morocco.