The Norwegian Petroleum Directorate (NPD) has granted MOL Norge, a Norwegian unit of the Hungarian oil company MOL, a drilling permit for a wildcat well in the North Sea.According to a press release from NPD, the wildcat well, designated 3/7-11 S in production licence PL 539…
The European Commission has opened an in-depth investigation into German utility E.on's takeover of certain assets from domestic Innogy, saying the transaction may lead to higher prices for consumers.The deal, which is worth a reported €43 billion ($48 billion at today's conversion rate)…
German oil company DEA Deutsche Erdoel AG has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. DEA’s General Manager Sameh Sabry signed the new concession agreement. The new…
Equinor has gained approval from the Norwegian Petroleum Directorate (NPD) to extend the producing lifetime of its Gullfaks C platform off Norway until 2036. This corresponds to the entire period of the production license.In its application…
The oil and gas producer in the Asia-Pacific region Santos has struck a joint venture (JV) agreement with fellow-listed Beach Energy to partner over four exploration permits in the Bonaparte basin, offshore northern Australia.The two companies will each hold a 50% JV interest in the four permits…
National Grid, which provides power to Northeastern United States, filed for regulatory approval of a 20-year contract for energy from a new offshore wind farm – Revolution Wind.Revolution Wind is a next-generation 400-megawatt offshore wind…
Norwegian oil exploration and development company Aker BP has received consent for exploration drilling on the Volund field using the Deepsea Stavanger rig from the offshore safety body, the Petroleum Safety Authority (PSA).According to an official release from PSA…
The Energy Board of Appeal has cancelled and withdrawn the part of the construction licence for the Vattenfall's Vesterhav Syd Offshore Wind Farm concerning assessment of environmental impacts, with a view to renewed processing by the Danish Energy Agency (DEA)…
Japan’s Inpex Corporation, through its unit Inpex Norge bagged two exploration licenses offshore Norway in Norway’s Awards in Predefined Areas (APA) 2018 licensing round.The PL1027is located in the western Barents Sea offshore and PL1016 is…
Europe’s independent oil and gas exploration and production company Lundin Petroleum announced that its wholly owned subsidiary Lundin Norway has been awarded a total of 15 exploration licence interests in the 2018 Norwegian licensing round (Awards in Predefined Areas…
The oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf Aker BP has been offered interests in 21 new production licenses in Norway, of which 11 as operator, through the Awards in pre-defined areas (APA 2018) licensing round…
Norwegian energy major Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas (APA) for 2018 – 13 licences as operator and 16 as partner.Norway's government says it awarded…
Ireland-focused oil and gas exploration company backed by Seacrest Capital AzEire has been awarded an extension of a frontier exploration license (FEL) and a conversion of a license option to an FEL.'The Minister of State at the Department of Communications…
North Sea explorer Spirit Energy has been given the green light from Norwegian Petroleum Directorate (NPD) to start up its first operated development in Norway.Oda is a subsea development where the wellstream is sent on to the Ula platform for processing and transport…
London-based oil and gas exploration and production company Ophir Energy said that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery…
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