Statoil, on behalf of the Johan Sverdrup partnership, has signed a letter of intent with Aibel for the construction of the processing platform topside for Phase 2 of the project. A letter of intent for field centre modifications has also been issued to a…
Nord Stream 2 AG, the subsidiary of Gazprom and the operator of the Nord Stream 2 project, has received a permit to use the Finnish Exclusive Economic Zone (EEZ) for the construction of the pipeline. Nord Stream 2 AG said on the 5th April…
On the 5th April, Norwegian Minister of Petroleum and Energy Terje Søviknes approved the Plan for Development and Operations (PDO) for the VNG Norge-operated Fenja field located in the Norwegian Sea. VNG submitted the PDO for the Fenja field, formerly known as Pil and Bue, to…
Australia’s Santos Energy has received an unsolicited, non-binding, indicative, and conditional takeover offer from Harbour Energy. According to Santos, the offer, launched on the 29th March, is for Harbour to acquire a 100 percent of Santos shares by way of a scheme of arrangement….
China National Offshore Oil Corporation subsidiary CNOOC Ningbo Daxie Petrochemical Company Ltd has let a contract to CB&I, Houston, to deliver technology licensing and design for a grassroots polypropylene plant at its refining and petrochemical complex in Ningbo, Zhejiang Province, China. CB&I will provide…
Rosneft and partner Eni have completed drilling of the – exploration and appraisal well Maria-1 on the Zapadno-Chernomorskaya licence area in the Russian sector of the Black Sea. Water depth at the site was 2,109 metres (6,919 feet), while the final drilling depth was…
Cuadrilla revealed on the 3rd April that it has successfully completed drilling the UK’s first ever horizontal shale gas well at its exploration site at Preston New Road in Lancashire. The well was drilled through the Lower Bowland shale at a depth of approximately…
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), located in the Norwegian Sea. …
Global drilling and engineering contractor KCA Deutag has announced that its offshore business unit has been awarded a new drilling contract on five of Statoil’s platforms operating in the Norwegian North Sea. The contract is for the provision of drilling operations, maintenance services and…
Argenta launches Lloyd’s SPA with Hannover Re backing Argenta Holdings is establishing a special purpose arrangement (SPA) in conjunction with its parent company Hannover Re after it received approval from the Lloyd’s franchise board. Argenta Syndicate Management (ASML), the managing agency subsidiary of Argenta…
