Posted by Staff Writer
Headlines, Licensing & Concessions, North Sea & Western Europe
Tuesday, May 15th, 2012

An operation to stop a gas leak on a North Sea oil platform has got under way. All 238 staff were evacuated from Total’s Elgin platform, around 150 miles (241km) off Aberdeen, when the leak was detected almost two months ago on March 25. At one point about 200,000 cubic metres of gas was leaking [...]
Posted by Editor
Government & Regulations, North Sea & Western Europe
Friday, May 11th, 2012

Oil & Gas UK’s first quarter 2012 business confidence index published Thursday reveals that the confidence of the upstream oil and gas industry across Britain has risen to 64 points on a 100 point scale. This is the highest since the survey was launched in Q1 2009, said the trade body. However, the leap in [...]
Posted by Staff Writer
Headlines, Licensing & Concessions, North Sea & Western Europe
Thursday, May 10th, 2012

A consortium led by Statoil ASA plan to further explore the Barents Sea offshore Norway in the vicinity of the Skrugard and Havis discoveries while working toward a late 2018 production start for the Johann Sverdrup discovery in the North Sea west of Stavanger. Statoil ASA, Eni Norge AS, and Petoro AS plan to drill [...]
Posted by Staff Writer
Headlines, North Sea & Western Europe
Wednesday, May 9th, 2012

Faroe Petroleum announced that drilling has commenced on the Cooper prospect in the Norwegian Sea (Faroe 30%). The exploration well will target the Cooper prospect located in PL477 in block 6506/11 on the Halten Terrace between the Smørbukk oil field, immediately to the east, and the Morvin oil field, to the west. Cooper consists of [...]
Posted by Staff Writer
Mergers, Acquisitions & JVs, North Sea & Western Europe
Wednesday, May 9th, 2012

Edinburgh-based Cairn Energy Plc today said it has completed the acquisition of Agora Oil and Gas, a Norwegian company with oil and gas exploration assets in the UK and Norwegian North Sea. “Cairn is pleased to announce that, further to the announcement made on April 3, 2012, it has received all required approvals and today [...]
Posted by Staff Writer
Headlines, Licensing & Concessions, North Sea & Western Europe
Wednesday, May 9th, 2012

Lundin Petroleum AB announced that drilling of exploration well 6201/11-3 in PL519 has commenced. The well will target the Albert prospect, which is situated 65 km northwest of the Snorre Field in the northern North Sea, offshore Norway. The main objective of well 6201/11-3 is to test Cretaceous and Triassic age sandstones of a multiple [...]
Posted by Staff Writer
Government & Regulations, North Sea & Western Europe
Thursday, May 3rd, 2012

Royal Dutch Shell secured one of the last permits it needs to begin drilling in the Arctic Ocean this summer, after proving to federal regulators that it can operate without harming whales and seals. The company announced Wednesday that it had obtained a so-called incidental harassment authorization from the National Marine Fisheries Service, clearing one [...]
Posted by Staff Writer
Exploration/Discoveries, Headlines, North Sea & Western Europe
Thursday, May 3rd, 2012

Lundin Petroleum AB announced that the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and Middle Jurassic reservoir. The well was drilled approximately 2.05 miles (3.3 kilometers) southwest of the discovery well 16/2-6 and 2,493 feet (760 meters) north east of the 16/2-11 appraisal well. The Johan Sverdrup field is located [...]
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