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Aker Solutions to tie back Berling gas fields to Åsgard B platform
Under the engineering, procurement, construction, installation and commissioning (EPCIC) contract, Aker will tie back the two offshore gas fields, Iris and Hades (Berling), to the...
Equinor discovers dry well near Visund field in Norwegian North Sea
The well 34/6-6 S, drilled using the Transocean Spitsbergen drilling facility at a water depth of 374m, has encountered the Tarbert, Etive and Rannoch Formation totalling 140m, and...
Eco Atlantic and partners to seek environmental permit for works at Block 3B/4B
Eco Atlantic and its partners have contracted Environmental Impact Management Services (EIMS), which will undertake the required Environmental Impact Assessment (EIA). Eco Atlantic Oil...
OKEA to acquire stake in Equinor’s Statfjord area for $220m
OKEA will acquire a 23.9% stake in Statfjord Unit, 28% in Statfjord Nord, 14% in Statfjord Øst Unit and 15.4% in Sygna Unit from Equinor. OKEA has signed an agreement with Equinor...
Maha Energy starts production test on onshore Block 70 in Oman
The production test, which starts with the Mafraq-9 well, will include all eight new production wells under this year’s drilling programme. Swedish oil and gas company Maha Energy...
Aker BP starts operations at Frosk field in Central North Sea, Norway
The field development was completed within the initial investment estimate of around NOK2bn (about $230m), as per the schedule, 18 months after the submission of the Plan for...
US DOI issues ROD for reduced Willow oil project in Alaska
The project proponent, ConocoPhillips said that it will continue to study the ROD and will take its internal approval processes forward towards a final investment decision. The...
ADX secures license to develop Anshof oil field offshore Austria
With the license, ADX will expand the oil field development, which includes the drilling of two development wells, in addition to the already-producing Anshof-3 discovery well....
Chariot completes FEED for Anchois gas development project offshore Morocco
The FEED for the Anchois development, initiated in June last year, comprises three initial subsea producer wells, including the Anchois-2 well drilled last year, with...
Lukoil secures regulatory approval to develop Eridu oilfield in Iraq
Following the approval, Lukoil and INPEX South Iraq plan to implement and develop the Eridu oilfield, with a goal of producing 250,000 barrels per day. Russian oil producer...
Equinor agrees to acquire Suncor Energy UK for $850m
Equinor will acquire Suncor’s entire non-operated interest (29.89%) in the Buzzard oil field, and additional operated interest (40%) in the Rosebank development
Azule awards contracts worth $7.8bn for Agogo west hub project
Azule awarded the contracts to Malaysian infrastructure company Yinson, US-based petroleum business firm Baker Hughes, Norwegian engineering company Aker Solutions, Italy-based...
Canada’s Baytex Energy to acquire US-based Ranger Oil for $2.5bn
The transaction consideration includes a combination of cash and stock, and Ranger’s debt amounting to $603m as of 30 September 2022, at a small premium to its current market value of $1.8bn
Foothills Exploration to start works on 545 wells acquired in Kansas and Oklahoma
Foothills intends to start a return-to-production programme, which includes wellhead reconnection, facility maintenance, electrical work, and flowline repair work, to produce gas from...
INEOS Energy buys Chesapeake’s Eagle Ford assets for $1.4bn
With the acquisition of around 2,300 wells producing net 36,000 barrels of oil equivalent per day and 172,000 net acres in south Texas, INEOS Energy enters the US onshore oil and...
Africa Oil, Panoro Energy awarded production blocks in Equatorial Guinea
Africa Oil obtains 80% operating interests in both offshore Blocks EG-18 and EG-31, while UK-based Panoro Energy has been awarded a 56% participating interest and operatorship of...
Multiconsult Wins Contract for grid connection at Snøhvit Future project
The scope of the contract includes the provision of detailed engineering services for the Snøhvit Future project and additional management assistance and site support during...
Drilling Tools to go public through SPAC merger with ROC
The SPAC merger provides net cash proceeds of up to $217m, including nearly $209m cash from ROC’s trust account, and $45m cash from an equity fundraising (PIPE), which...
Talos Energy wraps up $1.1bn acquisition of EnVen Energy
Talos Energy has closed the previously announced $1.1bn acquisition of EnVen Energy, a private operator in the deepwater US Gulf of Mexico.
