United Oil & Gas has cancelled its planned sale of a brace of central North Sea assets, after buyer Quattro Energy failed to meet extended deadlines for fundraising.
Germany’s Wintershall said today that first oil from its flagship Norwegian project could be brought forward to the first half of 2018.
Wintershall has picked CHC to provide helicopter services in support of the drilling programme on the Maria Field in the Norwegian Sea.
Statoil has received consent for modifications at Kristin and Tyrihans in connection with tie-in of the Maria field.
Wintershall has awarded Odfjell Drilling's semi-submersible Deepsea Stavanger a $175million contract for the drilling of production wells on the Maria field in the Haltenbanken area of the North Sea.
Wintershall and its partners Petoro and Centrica have been given approval by the Norwegian government for the development and operation (PDO) of the Maria field.
Wintershall has estimated a further 40million barrels of oil could be recovered from the Maria field in Norway. The company said the planned recoverable resources will reach about 180 million barrels of oil in total. Previous estimates had been around 140 million barrels. It said the new assumptions are the result of extensive laboratory tests and studies as well as model calculations.