Nordic Energy PLC, a company focussed on making investments in the North Sea oil and gas sector, is pleased to announce that NikOil Limited (‘NikOil’), a private company jointly owned by the Directors of Nordic, has been awarded by the Danish Government the 3…
2012 was a big year for marine seismic in NW Europe. Andrew McBarnet asks whether we can expect a repeat in 2013. The summer season offshore NW Europe is often seen as the bellwether of the marine seismic industry’s state of health. This was definitely the case in 2012…
News from the North Sea from Bridge Energy, Faroe Petroleum, Lundin Petroleum and E.ON.Transocean Arctic will drill the Amol prospect (Image: Petroleum Safety Authority of Norway)Bridge EnergyJunior North Sea explorer Bridge Energy has said…
Ogna well targets upper, middle Jurassic oilMaersk Guardian jack-up rigLundin Petroleum has commenced drilling on exploration well 8/5-1 in PL453S off Norway, the company confirmed on 14 January 2013. The exploration well seeks to…
Sverdrup appraisal to probe depth, thicknessBredford DolphinLundin Petroleum AB announced that the wholly owned subsidiary Lundin Norway AS has commenced the drilling of appraisal well 16/3-5 in PL501 on the Johan Sverdrup discovery…
Lundin Petroleum spud its Ogna exploration well, in PL453S, off Norway. Drilled by the Maersk Guardian, the wildcat will target hydrocarbons in the upper to middle Jurassic reservoirs of the Ogna prospect, located 65km northeast of BP’s Ula field in the southern North Sea…
Lundin Petroleum has commenced the fourth well in its 2012 Malaysian drilling campaign with the spud of Tembakau-1 exploration well in PM307 Block, offshore east coast Peninsula Malaysia.The well will target hydrocarbons in Oligocene and Miocene…
Andrew McBarnet finds an optimistic atmosphere at the recent SEG annual international meeting in Las Vegas.Judging from the mood of the crowd at last month’s SEG Annual International Meeting, the marine seismic business is in a good space…
Transocean WinnerLundin has spud an appraisal well on the northeastern flank of the Johan Sverdrup discovery, the company announced on 13 November 2013.The 16/2-16 well will be used to gather information on the recently drilled 16/2-13A in PL501 and 16/2-10 well in PL265…
AGR announced it will coordinate a multi-well, multi-client drilling campaign on behalf of four international operators. The expected revenue from AGR engagement is $22 million (NOK 130 million).The company will provide well project management and operational support on behalf of RWE Dea Norge AS…
A number of operators on the Norwegian shelf revealed updates of their field development plans at the recent Offshore Northern Seas conference in Stavanger, with a substantial list of projects and refurbishments going forward as part of the revitalisation of the Norwegian shelf…
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
The era of the oil & gas industry is not over. Predictions for global energy demand can’t be met without an increasing utilization of petroleum recourses. And when many thought our industry was in decline, elephant discoveries in the North Sea…
As the jacket for Statoil's Gudrun development went in last month, confirmation that there was communication between the Norwegian operator's high-impact Aldous Major South discovery and Lundin's Avaldsnes oil find was generating much excitement…
OE's popular annual guide to oil & gas developments on the Northwest European Continental Shelf returns, fully updated.Operators in the UK sector of the North Sea were taken aback in March this year by UK Chancellor George Osborne's decision to raise the supplementary tax rate from 20% to 32%…