Sval Energi has closed its acquisition of interests in the Martin Linge and Greater Ekofisk Area from Equinor and the acquisition of Suncor Energy Norge.
Sval Energi has signed an agreement to acquire Suncor Energy’s Norwegian business, as the Canadian group looks also to sell off its UK assets amid a pull back from the North Sea.
Neptune has completed the fourth and final development well at its operated Fenja field in the Norwegian Sea, in preparation for production start-up next year.
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig.
Drilling has begun on four production wells at the field in the Norwegian Sea.
Faroe Petroleum said today that it had completed the sale of its 17.5% working interest in the Fenja field in the Norwegian Sea.
Faroe Petroleum has announced that Norwegian authorities have approved the development plan for the Fenja field.
Aberdeen-based Faroe Petroleum has announced a 20% increase in reserves during an operational update for 2018.
North Atlantic Drilling, a subsidiary of Norway-born tycoon John Fredriksen's Seadrill business, will use its West Phoenix rig for six wells as part of a contract with German firm VNG.
German oil firm VNG has submitted a development plan for the Fenja field in the Norwegian Sea to the government.