Seismic streamers were installed on the Snorre field this past summer. When the streamers are lying exposed on the seabed, before they are covered, they are extremely vulnerable to trawling activity and other outside influences. Work to ...
Tags: Norwegian, petroleum, PRM, Snorre field
Statoil is pleased to announce an exciting exploration programme in Norway also in 2014, building on the exploration successes of recent years. Statoil plans to drill 20-25 exploration wells on the Norwegian continental shelf (NCS) in ...
Tags: Statoil, Norway, NCS, exploration
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7220/4-1, cf. Section 8 of the Resource Management Regulations. Well 7220/4-1 will be drilled from the West Hercules drilling facility at ...
This is the third near-field discovery in the Norwegian Sea in three months. Exploration well 6407/8-6 and sidetrack 6407/8-6A, drilled by the Songa Trym drilling rig, have proven several oil columns in formations dating from the Jurassic ...
Tags: oil, discovery, Norwegian Sea, success
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and undeveloped field opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce an oil discovery in well ...
Tags: Faroe Petroleum, oil, gas, Atlantic
Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that the Johan Sverdrup appraisal well 16/3-7, located in the south-eastern part of PL501, is completed. Appraisal ...
Tags: Lundin Petroleum AB, Mineral
Thailand's PTT Exploration & Production PCL, the country's flagship petroleum explorer, might invest in North American shale-gas and Myanmar deep-water projects as part of its plan to nearly double its output by 2020. PTTEP, which made ...
Tags: Shale Gas, flagship petroleum
China's top three oil and gas producers have signed up for bidding for a block of a deepwater oil field in Brazil, each. Brazil will hold a bidding for a pre-salt block in the Libra oil field and the first round is scheduled to be held on ...
Tags: Metallurgy, Mineral, Energy, gas, oil
Wärtsilä, the marine industry's leading solutions and services provider, has been awarded the contract to supply the design and an integrated solution for a new large platform supply vessel (PSV). The ship will operate primarily ...
Tags: Transportation, logistics
Austrian oil and gas company OMV announced Monday a 2.65-billion-U.S. dollar acquisition of North Sea interests from Norwegian company Statoil, making it the largest industrial investment in Austrian history. In the deal expected to be ...
Tags: Gas Fields, North Sea Oil
Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over. For him its just moved north. As some mining firms clock up billions of dollars in ...
Tags: Mining Boom, Chemicals
China's biggest energy firm PetroChina (0857.HK) will join Exxon Mobil (XOM.N) in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil (LKOH.MM) to buy into a second project at the field, industry sources said. ...
Tags: PetroChina, Iraqi Oilfield
Possible deals said to be in the works with Exxon Mobil, Russia's Lukoil PetroChina Co, China's largest oil explorer, may join with United States-based energy giant Exxon Mobil Corp to co-develop the West Qurna oilfield in Iraq, which ...
Tags: Petrochina, Chemicals
Buying interest from the petrochemicals sector in Northwest Europe has enlivened the North Sea butane market over the last week, according to industry sources. Over the summer period, North Sea mixed butane is used by the gasoline-related ...
Tags: Petrochemicals, Butane Market
Nearly a decade after re-entering the US Gulf of Mexico and five years into its shale play foray onshore, Statoil is now an operator in both arenas, a coup for the Norwegian company best known for harsh-environment marine operations. ...
Tags: Statoil, foray onshore