Company news

OKEA Draugen-operator

Friday November 30th, OKEA announced the completion of the acquisition of the Draugen field (PL093), a 12.0% share of the Gjøa field (PL153) and the office building “Råket” in Kristiansund, including…

DNO with cash offer for Faroe

DNO offers to pay 152 pence in cash for each Faroe share – valuing Faroe at approximately £607.9 million. The company currently holds 28,22% shares in Faroe.  The Faroe share price…

Operating 14 vessels

Following the acquisition of the marine seismic acquisition assets and operations of WesternGeco, Shearwater GeoServices now has a global reach.

AGS teams up with TGS

TGS and Axxis Geo Solutions (AGS) has agreed to a strategic collaboration for multi-client ocean bottom node projects in North Sea.

Equinor divests Tommeliten

Tommeliten Alpha is a gas/condensate discovery in Cretaceous chalk that was made in 1977 with 1/9-1. ConocoPhillips is operator. 1/9-1: The Danian chalk (Ekofisk Formation) was reached at 3043.5 m…

Blueware signs agreement with Shell

Shell is investing heavily in digital technologies to get a competitive advantage in the new E&P landscape. This includes artificial intelligence, machine learning, high-performance computing and cloud. After an extensive…