Oil & gas news

DNO ASA has announced that gross production from its operated Tawke license in the Kurdistan region of Iraq continues to climb, with the December to date average approaching 90 000 bpd.

The company has announced that it has executed a contract with Borr Drilling Limited for the hire of the Norve jack-up rig, one of Borr’s fleet of high-specification drilling units, to drill the NJOM-3 well on Tower’s Thali license in Cameroon in 2024.

The NOAKA OBN survey was acquired over two seasons in 2021 – 2022 and comprises 434 km2 of multi-client OBN data.

A total of 193 blocks were auctioned in Brazil’s December 13 oil and gas licensing round – 192 under concession and one under production sharing agreement.

Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS, have progressed the L10CCS project from the Concept Select phase into the next Define/FEED phase.

The company has entered into an agreement to acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea.

The company, in collaboration with its partners, DNO Norge and Equinor, has successfully completed the drilling of an appraisal well at the Bergknapp discovery in the Norwegian Sea.

Halliburton Company has announced it will work with Libra Consortium, led by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.

Neptune Energy and its partners has announced a new discovery at the Kyrre prospect and confirmed the volumes for the Ofelia appraisal well, both located in the PL 929 licence, close to the Gjøa field in the Norwegian sector of the North Sea.

Addressing Occidental Petroleum’s (OXY) purchase of CrownRock for US$12 billion, Robert Clarke, Vice President of Upstream Research at Wood Mackenzie said, “This transaction cements an absolute banner year in Permian acquisitions and divestments spend.”