Premier Oil expects to lift the final cargo of crude from the Huntington field in the UK central North Sea next month. Recently the company submitted a draft decommissioning program for the removal of the leased circular-shaped FPSO Voyageur Spirit to Britain’s Secretary of…
Premier Oil plans further well interventions to improve production from its block A gas fields in the Natuna Sea offshore Indonesia. The campaign, scheduled for 2021, will include well workovers and side-tracks on the Anoa field, infill drilling on Pelikan, and an appraisal well…
Oil markets crashed more than 30% after the disintegration of the OPEC+ alliance triggered an all-out price war between Saudi Arabia and Russia which is likely to have sweeping political and economic consequences. Brent futures suffered the second-largest decline on record in the opening…
OPEC+ is going to war with US shale. That is according to Sandhill Strategy co-founder Katie Bays, who expressed the view in a television interview with Bloomberg on the 8th March. The move is something the group has “avoided doing since they cut production…
Hague and London Oil, the energy company with a portfolio of production, development, appraisal, exploration and infrastructure assets primarily focused on the Southern North Sea, has announced that it has recently received approval from the Ministry of Economic Affairs and Climate Policy for transfer of…
AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced the acquisition of an additional 35 percent economic interest in PEDL005(R) containing the producing Keddington oil field from Terrain Energy. Following completion of the Acquisition, Union Jack will…
ConocoPhillips has completed two transactions to sell its Niobara and Waddell Ranch assets, the company reported on the 5th March. It did not identify the buyers of the US Lower 48 assets. Located in the southern Denver-Julesberg Basin, the Niobara assets boasted full-year…
Hurricane Energy and Spirit Energy, joint venture partners in the Greater Warwick Area (GWA) located in the West of Shetland region, have agreed a new cost allocation agreement as part of their 2018 farm-in deal. As part of the farm-in announced on the 3rd…
SGU, Sweden’s national geological survey agency, has hired Damen Oskarshamnsvarvet for a major life extension programme on the survey and research vessel S/V Ocean Surveyor. It will include the replacement of the all the machinery, bridge, and auxiliary systems including HVAC and a complete…
The Group deploys all needed capabilities and resources to enable the energy transition Submarine cable technologies are key to support the growth of renewable energy. Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a contract worth over…
