Exploration well 15 6-14 S. which Statoil has now received consent to drill. is to be drilled as a sidetrack from existing well 15 6-B-2.
Read More »Maersk Oil on the Rise even as Drilling Battles Tough Market
Maersk Oil exploration costs are now expected to be below the 2016 level’s of $223million.
Read More »Statoil Starts Drilling on the Verbier Prospect. UK North Sea
JOG and CIECO hold 18% and 12% interest in the P.2170 Licence respectively.
Read More »BG Group. Now Part of Shell. Stung Over Safety Failings
Investigators found that a gas detection system. which formed part of the current fire and gas detection assessment. had never been installed.
Read More »OPEC Predicts Higher Demand for Oil in 2018
Saudi Arabia told OPEC it cut output to 10.01 million bpd last month. from 10.07 million bpd in June. meaning its production fell back below its OPEC target of 10.058 million bpd.
Read More »Spanish Firm Given Permission for Massive Wind Farm in BRITISH Waters
East Anglia Three will be located 69 kilometres off the coast of Norfolk and it will supply energy to around one million homes.
Read More »First Jacket for Johan Sverdrup Field Primed for Delivery
Statoil is the operator of Johan Sverdrup with a 40% stake. The other partners are Aker BP. Petoro and Lundin.
Read More »Key Facts about ExxonMobil and Its Business in Russia
In 2016. ExxonMobil'.s refining amounted to 4.268.000 barrels per day (a decrease of 3.7%).
Read More »Iran Studies Maersk Proposal for South Pars Oil Layer
Tehran plans to develop the South Pars oil layer under the framework of Iran Petroleum Contract.
Read More »Schlumberger Awarded EPCIC Contract for Taqa`s Otter Field in the UK North Sea
OneSubsea and Subsea 7 will deliver a turnkey integrated project from design through supply. installation and commissioning.
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