EnQuest and Delek Group end Kraken oilfield stake sale talks
The companies have not reached a binding agreement for the farm out in the Kraken field.
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The companies have not reached a binding agreement for the farm out in the Kraken field.
The contract has a value of approximately NOK 370 million, and is an option in a front-end engineering and design (FEED) contract awarded to Aker Solutions in January 2016.
Statoil UK (Ltd) and CHC Helicopter have celebrated the inaugural flight to the Mariner field, Statoil’s first operated field development on the UK continental shelf (UKCS).
Engie E&P Norge AS, operator of production licence 636, is in the process of completing the drilling of wildcat well 36/7-4. The well proved oil and gas.
The radio offers a mode of connectivity that is complementary to VSAT technology, providing higher throughput and increased redundancy.
Often utilised for projects in remote locations, it’s imperative that BLS are robust and reliable.
The project was delivered in just eight weeks from initial consultation through to commissioning.
Wintershall Norge AS, operator of production licence 248 F, is in the process of completing the drilling of four wells in the North Sea.
The project partners, EBN and PDO, are contributing £321 000 in total and the project, now in its third phase, will run for a period of three years. The project remains open to late participants.
The OPL 226 asset is located 50 km offshore in the central area of the Niger Delta.
Under the new contract, Zenith will be responsible for the provision of well construction and full project management services on Europa’s upcoming Holmwood-1 exploration well on the PEDL143 licence in southern England.
Industry efforts are focusing on how a reduction in core drilling costs of 50% could potentially unlock around five billion boe of known reserves over the next decade.