Norwegian drillship and rig operator Fred. Olsen Energy, proposes to sell one of its drilling units and to issue $130-140 million in new equity to pay off debt, as part of a refinancing plan published on Tuesday.The proposal includes issuing about $90 million in new loan capital…
German oil firm Wintershall has made a minor discovery near the Vega field in the Norwegian North Sea, according to the Norwegian Petroleum Directorate. The discovery was made as part of a four-well drilling campaign in production license 248 F…
Wintershall Norge has started drilling wildcat exploration well 35/11-20 B using the Borgland Dolphin drilling rig in production license 248 F in the Norwegian North Sea. It is the latest well on the license, following well 35/11-20 A…
Tullow Oil Norge failed to find any hydrocarbons at the Rome prospect in the Central North Sea, and will now plug and abandon exploration well 16/5-6 in production licence PL776. The well was drilled to a total vertical depth of 2319m…
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Norge a drilling permit for well 35/11-20 A, to be drilled from the Borgland Dolphin drilling facility, after completing the drilling of wildcat well 16/5-6 for Tullow Oil Norge in production license 776…
Tullow Oil Norge (TONAS) has received consent from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in Block 16/5 in the North Sea. The well will be drilled in a prospect named Rome, with the designation 16/5-6.…
Tullow Oil's TEN floating production project offshore Ghana is on schedule for first oil within the next three to six weeks, the firm announced this morning. Tullow says the project, which is also within budget, is over 96% complete…
Norway’s Petroleum Safety Authority (PSA) has granted Wintershall Norge consent for exploration drilling at the Orion prospect in the North Sea with the Borgland Dolphin semisubmersible. The 35/11-19S well is located in production license 248…
Wintershall Norge has drilled one dry well and another with poor reservoir quality in the North Sea near the Vega field. Well 35/8-6 S on the Vikafjell North prospect was dry and sidetrack well 35/8-6 A on the Robbins prospect was of poor reservoir quality…
The Norwegian Petroleum Directorate (NPD) has granted Wintershall a drilling permit for wildcat well 35/8-6 S, in block 35/8 of production license 248. Well 35/8-6 S will be drilled from the Borgland Dolphin drilling facility, a semisubmersible…
Wintershall is due to start drilling its latest exploration well on production license 248 in the North Sea, starting in March. The firm has been given consent to drill two wells, 35/8-6S and 35/8-6A, taking around 85 days, depending on whether a discovery is made…
Suncor Energy's latest exploration well close to to the Balder field has been classified as dry by the Norwegian Petroleum Directorate. Exploration well 25/10-14 S was drilled on production license 571 near the Balder field offshore Norway…
Germany's Wintershall has made a minor oil discovery on the Syrah exploration well in the Norwegian sector of the North Sea. The operation, in production license 248, included wild cat well 35/11-18, targeting Middle Jurassic rocks in the Brent group…
Wintershall, operator for production license 248 in block 35/11 in the North Sea, has received consent to drill exploration well 35/11-18 in the North Sea. The formation into which the well will be drilled is designated 'Syrah'. Drilling…
E.ON E&P Norge's exploration well 6507/3-11 S on the Salander prospect east of the Skarv field in the Norwegian Sea was dry, says the Norwegian Petroleum Directorate. The primary and secondary exploration targets for the well in PL650…