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18 Mar 18
Norway: Spirit Energy receives consent to drill production wells on the Oda field in the Norwegian North Sea
Norway's Petroleum Safety Authority has given Spirit Energy consent to use the Maersk Interceptor mobile drilling facility to drill production wells on the Oda field in the southern part of the Norwegian sector of the North Sea, 10 kms east of Ula.
18 Mar 18
US: Mosman Oil and Gas increases its interest in the Arkoma Stacked Pay Project to 27 per cent
Mosman Oil and Gas has advised that relevant payments have been made by Mosman and Blackstone Oil and Gas and Mosman's interest in the Arkoma Stacked Pay Project in Oklahoma has increased to 27%.
18 Mar 18
Norway: COSLProspector arrives in the North Sea
COSLProspector, COSL Drilling Europe’s newest and largest drilling rig, arrived at CCB outside of Bergen on March 17. The rig is customized for drilling operations in the Barents Sea and will be prepared at CCB in March and April for possible operations in the Norwegian and UK Sector.
18 Mar 18
UAE: ADNOC awards Total participating interests in two new 40-year offshore concessions on Umm Shaif & Nasr and Lower Zakum
Total has signed two new 40-year concession agreements with the Abu Dhabi National Oil Company (ADNOC). Total has been granted a 20 per cent participating interest in the new Umm Shaif & Nasr concession and 5 per cent in the Lower Zakum concession for a total participation fee of 1.45 billion dollars
16 Mar 18
Kazakhstan: JOGMEC provides equity financing to INPEX’s Kashagan oil field development in North Caspian Sea
Japan Oil, Gas and Metals National Corp (JOGMEC) has announced that it will provide equity financing to INPEX North Caspian Sea (INCS), a subsidiary of INPEX, which holds a 7.56 per cent equity interest in the Kashagan project.
16 Mar 18
UK: RockRose Energy announces update on incremental development projects offshore UK
RockRose Energy has commissioned independent reports to evaluate further development/redevelopment opportunities in the UKCS Blake and Ross fields and nearby Tain satellite discovery.
16 Mar 18
Egypt: BP seeking buyers for stake in Egyptian business
BP is reported to be seeking buyers for its stake in Gulf of Suez Oil Company (GUPCO), a joint venture with the Egyptian General Petroleum Corporation (EGPC) that was set up in the 1960s, as it focuses on newer deepwater gas fields off the country’s Mediterranean coast.
16 Mar 18
Suriname: Cairn Energy negotiating PSC offshore Suriname
Suriname's State oil company Staatsolie and Cairn Energy are negotiating a production sharing contract (PSC) for a block offshore Suriname. The block is approx. 13,000 sq kms and is located on the Demerara plateau.
15 Mar 18
New Zealand: OMV acquires Shell’s upstream business in New Zealand
OMV has agreed to acquire Shell’s Upstream business in New Zealand comprising joint venture interests in Pohokura, the largest gas producing field in New Zealand, and Maui as well as related infrastructure for production, storage and transportation. The purchase price is USD 578 million.

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