Latest News
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18 Aug 17
US: Silver Run to merge with Alta Mesa and Kingfisher Midstream to form $3.8 billion STACK play company
Silver Run Acquisition Corporation II has entered into definitive agreements to combine with Alta Mesa Holdings and Kingfisher Midstream. Alta Mesa is an independent exploration and production company with assets located in the STACK play in Oklahoma. Kingfisher is a company engaged in the gathering, processing, and marketing of hydrocarbons in the STACK play. -
18 Aug 17
Norway sees increase in July oil and gas production
The Norwegian Petroleum Directorate reports that preliminary production figures for July 2017 show an average daily production of 2,000,000 barrels of oil, NGL and condensate, which is an increase of 93 000 barrels per day compared to June. Total gas sales were also higher than last month and higher than ever for the month of July. -
18 Aug 17
Norway: Statoil receives consent for Valemon field drilling
Norway's Petroleum Safety Authority has given Statoil consent to use West Elara for drilling and completing on the Valemon field. -
18 Aug 17
Norway: ConocoPhillips to start dismantling historical Norwegian oil platform
ConocoPhillips has won permission to prepare for the removal of the first permanent oil platform built off Norway more than 40 years ago, the country's industry regulator said on Thursday. The U.S. company applied in July to remove Ekofisk 2/4 A, which started producing oil from the North Sea in 1974 and shut permanently in 2013. -
17 Aug 17
Norwegian authorities stop Greenpeace protests at Arctic well
Norwegian coast guards stopped Greenpeace from protesting at a site of the country's northernmost exploration well drilled by Statoil, the environmentalist group said on Thursday. -
17 Aug 17
Mauritania/Senegal: KBR awarded pre-FEED engineering and project support contracts for BP’s Tortue project
KBR has been awarded pre-front end engineering design (FEED) and project support services contracts by BP for the development of the Tortue / Ahmeyim field offshore Mauritania and Senegal. -
17 Aug 17
Norway: Statoil receives consent for exploration drilling at Gina Krog
Norway's Petroleum Safety Authority has given Statoil consent to drill an exploration well on the Gina Krog field in the North Sea. Exploration well 15/6-14 S is to be drilled as a sidetrack from existing well 15/6-B-2. -
17 Aug 17
Maersk Drilling secures important contracts for three rigs
Maersk Drilling has been awarded a contract by Shell for the deepwater semi-submersible rig Mærsk Developer for drilling and completion of wells offshore Trinidad and two contract extensions in the North Sea for the high-efficiency jack-ups Maersk Resolve and Maersk Resolute for Wintershall and Petrogas. -
17 Aug 17
UK’s geology unlikely to support fracking - Heriot-Watt University
While many opponents of fracking continue to focus on the environmental impact of this method of oil and gas extraction, Professor John Underhill, the University’s Chief Scientist, has challenged the implication that because fracking works in the US it must also work in the UK.
