Statoil gets green light for North Sea drilling
Norway The company plans to begin drilling in mid-January at the well, which lies about 22 kilometres south of the Oseberg field at a depth of around 106 metres. Statoil will use the semi-submersible Songa Delta to drill into the Madam Felle prospect, a mature play in the North Sea.
Since 2011, Statoil has had five discoveries including the Krafla Main, Krafla West, Askja West, Askja East and Krafla North. These finds are estimated to hold a combined 140 million-220 million barrels of oil equivalent.
Recent Posts
Namibia gets $138.5-million boost for renewables vision
The World Bank has granted Namibia a $138 Read More
PetroVietnam’s exploration arm announces oil finds
PetroVietnam exploration arm PVEP has announced two oil finds with combined initial reserves of 100 Read More
Mozambique’s Coral Sul FLNG passes performance test
Air Products’s LNG liquefaction equipment deployed on Coral Sul FLNG in Mozambique has successfully passed its performance test, Air Products… Read More
Saudi Aramco hands $1.7-billion contract to China’s CPECC
Saudi Aramco has awarded a USD 1 Read More
Seatrium wins MODEC contract for Guyana-bound FPSO
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
UK allows oil exploration in North Sea wind project zones
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More