Oil & gas news

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.

Dron & Dickson has announced a contract award with Harbour Energy for an integrated electrical engineering and wholesale contract.

Halliburton Company and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.

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.

The companies have announced a strategic collaboration that combines two technology sets to provide customers with innovative deepwater managed pressure drilling (MPD) solutions.

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).

Kosmos Energy Ltd has announced that it has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore Senegal.

Exxon Mobil Corporation has announced it has closed its acquisition of Denbury Inc. in an all-stock transaction valued at US$4.9 billion.

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.