DNO has announced a “significant” discovery at the Carmen well, a find believed to be the largest in Norwegian waters for over a decade.
Norwegian group DNO reports that its North Sea decommissioning works are now drawing to a close, following the removal of the jacket and topsides at the Schooner field.
ShaMaran said it would return to action only when Kurdistan has solved both the pipeline and payment problems.
“It is unfortunate it has come to this given the likely impact of a continuing supply disruption on oil prices and at a fragile time in global financial markets,” said DNO executive chairman Bijan Mossavar-Rahmani.
One of the biggest oil producers in Iraqi Kurdistan has started to lower production as a dispute between the region’s government and Baghdad drags on.
Norway has handed out nearly 50 oil and gas exploration licences in a “gratifying” display of interest in the sector.
Shell has handed drilling contractor Valaris $60 million (£51.8m) to continue using one of its jack-ups in the North Sea.
Norway’s DNO has struck a deal to buy a stake in Foxtrot International, which owns gas producing assets in Cote d’Ivoire.
A North Sea exploration well, previously tipped as one to watch, is to be plugged and abandoned (P&A) after coming up dry.
A North Sea platform has been dropped off in the Netherlands ahead of being broken up.
Shell has spudded its hotly tipped Edinburgh exploration well near the UK-Norwegian border – potentially one of the largest remaining undrilled structures in the central North Sea.
Heerema Marine Contractors has been awarded a decommissioning contract for the integrated engineering, preparation, removal, and disposal (EPRD) of the Ketch and Schooner platforms, by owner DNO.
Well Expertise has hailed an industry “first”, using an on-the-rig training simulator for a plug and abandonment (P&A) campaign.
Kurdistan has told producers that it is cutting payments for oil production, in light of continued pressure from COVID-19.
Bosses at Longboat Energy are “participating” in a number of acquisition processes as the London-listed firm looks to do its maiden deal.
DNO has bought out ExxonMobil’s 32% stake in the Baeshiqa licence, increasing the Norwegian company’s stake to 64%.
The Tawke licence in Kurdistan produced 110,300 barrels per day in 2020, DNO has reported, down from 124,000 bpd in 2019.
Bosses at Three60 Energy are targeting significant financial growth and a recruitment drive across the global energy service group.
An oil and gas market researcher has highlighted a UK North Sea exploration well expected to be drilled this year by Shell as “one to watch”.
Hague and London Oil (HALO) has acquired 100% of the Schooner gas field in the North Sea but has not acquired rights to use the production platform to develop it.
Aberdeen-headquartered Dolphin Drilling has won a combined contract for exploration and decommissioning work with DNO.
An Aberdeen-based energy services group has won a multi-million pound contract to deliver duty holder services for two North Sea assets.
Bosses at Longboat Energy said today they were making “good progress on several fronts” in their quest to complete a maiden acquisition for the London-listed firm.
DNO’s Peshkabir gas capture and injection project, in Kurdistan, has launched and already captured 1 billion cubic feet of gas injected, in a major move to reduce emissions.