Equinor operator in West of Shetland
Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank Project in the West of Shetland region of…
Company news
DNO succeeds in hostile take-over
UPDATE 14th of January: DNO offer is now unconditional and DNO prepares to delist Faroe shares from AIM. 11th of January: DNO now owns or has acceptances for 76.49 percent of…
HALOil has entered UKCS
Third Energy Offshore Ltd’s portfolio includes interests in the Greater Pegasus Area (45%), and the high impact Andromeda prospect in the Southern North Sea. According to Andrew Cochran, Chairman and…
Pandion enters Norwegian Sea
Pandion Energy has announced to have taken over the 30% working interest of Aker BP in PL 842, in blocks 6608/10, 11 and 12, E-NE of the Norne Field (see…
“Stay on the Technology path!”
“We will have to cover large parts of the North Sea one more time, and that will take several years,” Bjarte Bruheim, Executive Chairman of Axxis Geo Solutions (AGS), says.…
ONE and Dyas have merged
On the 20th of December Oranje-Nassau Energie and Dyas have announced the merge of their upstream energy businesses into a single company called ONE-Dyas. ONE-Dyas will have a 2019 gas…
Neptune takes over Fenja
Neptune Energy has announced in a press release that as of 4 December 2018, the merger between Neptune Energy Norge AS and VNG Norge was completed. The entire business of…
New major player on the NCS
Vår Energi, the company joining Point resources and Eni Norge, is officially established today and forms now one of the largest E&P companies on the Norwegian continental shelf, with a…
Divesting interests in 3 wells
Azinor Catalyst has announced that it has received a Letter of Intent for the acquisition of material non-operated interests in three exploration wells planned for 2019 on Catalyst’s Boaz, Goose…
Spirit Energy operator of the Babbage field
In April 2018 Premier Oil announced the sale of its interests in the Babbage Area to Verus Petroleum. The deal included a 47% interest in the Babbage gas field, a…
New player launches global drilling program
Seapulse Limited launches to drill 12 exploration wells worldwide – targeting diverse play types and basins in both frontier and mature areas.
Faroe swaps assets with Equinor
Faroe has announced in a press release that the company has signed an agreement with Equinor Energy AS to swap its interests in the Njord, Hyme redevelopment and Bauge development assets…