Eni is to plug and abandon its Aurelia wildcat exploration well in the Barents Sea after poor drilling results. The well, 7222/1-1, was the first exploration well in production license 226, awarded in 1997. It was drilled about 80km…
The Eirik Raude semisubmersible was used to drill ExxonMobil’s 2013 Dunquin well. With the entry of major operators, could the time finally be ripe for the Irish Offshore? Elaine Maslin reports…
Norway's latest awards in predefined areas (APA) license round has been hailed a success with some 56 exploration licenses being offered on the Norwegian Continental Shelf. The APA rounds offer acreage in known areas on the shelf, rather than frontier acreage…
Petroceltic has opted to exit stakes in Greece and Egypt, following an announcement by the company's board that it has initiated a formal strategtic review of its business and assets due to breaching debt repayment obligations. In the 23 December announcement…
North Energy has signed a sale and purchase agreement with Lime Petroleum Norway, whereby North Energy sells its 10% interest in production license (PL) 707 to Lime. This transaction forms part of North Energy's current strategic process…
Lundin Petroleum has started drilling exploration well 7130/4-1 on the Ørnen (Eagle) prospect. Ørnen is in PL708, on the eastern parts of the Finnmark Platform in the southern Barents Sea. The reservoir is expected to consist of Upper Permian carbonates…
North Energy has signed a sale and purchase agreement with Pure E&P Norway, whereby North Energy sells its 10% interest in production license (PL) 708 to Pure. The effective date of the agreement is set at 1 January 2015, and the transaction…
Egypt's state gas company EGAS announced the result of the 2015 international exploration Mediterranean bid round, with blocks awarded to BP, Eni, Edison and Total. In total, four blocks were awarded, with a total investment of US$306 million and a signing bonus of $10…
Falklands focused Argos Resources has completed a farmout agreement with Noble Energy Falklands and Edison International over license PL001 in the North Falklands Basin. The agreement will allow exploration drilling on the license, which…
Exploration drilling has restarted on the Tvillingen South prospect in production license 510 in the Norwegian Sea. Operator Maersk Oil initially started drilling on the well in January this year, using the Leiv Eiriksson semisubmersible drilling rig…
Edison Norge's exploration well on the Haribo prospect in the Norwegian sector of the North Sea has been declared dry. Partner Noreco Norway said well will now be plugged and abandoned. The well spudded on 21 June using the semisubmersible drilling rig Transocean Searcher…
Edison Norge spudded its first well as operator in the Norwegian Continental Shelf on the Haribo prospect. Exploration drilling started 21 June 2015 in the production license PL616 in the southern portion of the Norwegian North Sea at 8km southwest of the Valhall Field…
US-based Noble Energy acquired from Argos Resources a 75% interest and operatorship of 285,000 gross acres in the PL001 license in the North Falkland basin, northwest of the PL032 license that includes the Sea Lion oil discovery. Edison International SpA obtained the remaining 25%…
Long a bastion of Mediterranean oil and gas exploration and production, Italy's Edison is close to completing a deal on its latest assets in the UK North Sea and is eyeing its third hub in the wider North Sea region. Taking time out…
Maersk Oil has has decided to plug and abandon exploration well 6406/6-4 on the Tvillingen South prospect after difficulties in a liner setting covering the intermediate part of the well. The semisubmersible drilling rig, Leiv Eiriksson…
