Company news Archives - Page 6 of 14

Company news

Lundin acquires Barents Sea portfolio from Idemitsu Petroleum Norge

October 5, 2020

The transaction gives Lundin Energy a 10 percent working interest in the major Wisting oil discovery (licences PL537 and PL537B) with estimated gross resources of 500 million barrels of oil…

Eight new production wells to be drilled on Tor

October 1, 2020

The Tor field was discovered in 1970 and produced from 1978 to 2015. In the summer of 2019, the licensees submitted a plan for development and operation (PDO) for a…

CGG Commences Second Phase of Largest OBN Multi-Client Survey in UK CNS

Press Release

September 24, 2020

The survey started in March 2020 and has already received significant industry interest and prefunding, with first images targeted for Q1 2021. The Central North Sea is a highly prospective…

Surge in gas production volume from the PGNiG Group’s Norwegian assets

Press Release

September 23, 2020

Following the transaction, the PGNiG Group’s own gas production in Norway will increase to 0.9 bcm in 2021, nearly 30% above the previous forecast. Gas produced from the new fields, along…

OGA appoints firm to operate National Data Repository

Press Release

September 23, 2020

Osokey, which was awarded the contract following a competitive tender process, will now start developing new services to go live in 2021. The service will continue to host a range…

PGS Combines HD3D with 315m Wide Penta Source

Press Release

September 18, 2020

PGS seismic vessel Ramform Tethys has now been reconfigured from a wide-tow triple source set-up to an even wider penta source solution (5 arrays), with a total source separation of…

Bob Gillespie appointed new Managing Director of Ocean Installer (UK) Ltd

Press Release

September 18, 2020

Ocean Installer is confident Bob has the right attributes for this vital role in a critical region. “We are very pleased to welcome Bob to the Ocean Installer team,” said…

OKEA aims for growth

Henk Kombrink

September 16, 2020

“We have an optimistic outlook and are increasing our activity level. We foresee a sound organic growth in our production exceeding 25000 boe/d by 2025 within our existing portfolio and…

PGS Sells Towed Streamer CSEM Capability to OFG

September 7, 2020

PGS receives shares in OFG as settlement for the transaction. The towed-streamer CSEM technology developed by PGS is a state-of-the-art system that allows for the acquisition of high-quality marine CSEM…

Equinor signs on for DUG McCloud expertise

Ali Haq

September 2, 2020

High-performance computing experts DUG Technology and Norwegian energy giant Equinor have signed a multi-year deal covering seismic processing and imaging technology.

New CEO at Dana Petroleum

September 1, 2020

Mr Jongwoo Kim has taken over the role of Chief Executive at Dana and joins the company from its owner the Korea National Oil Corporation.

Another Northern North Sea giant removed

August 31, 2020

Pioneering Spirit lifts 14,200 t Ninian Northern platform.

The global energy sector from a subsurface perspective

Company news

Lundin acquires Barents Sea portfolio from Idemitsu Petroleum Norge

Eight new production wells to be drilled on Tor

CGG Commences Second Phase of Largest OBN Multi-Client Survey in UK CNS

Surge in gas production volume from the PGNiG Group’s Norwegian assets

OGA appoints firm to operate National Data Repository

PGS Combines HD3D with 315m Wide Penta Source

Bob Gillespie appointed new Managing Director of Ocean Installer (UK) Ltd

OKEA aims for growth

PGS Sells Towed Streamer CSEM Capability to OFG

Equinor signs on for DUG McCloud expertise

New CEO at Dana Petroleum

Another Northern North Sea giant removed

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