
Oil and gas discovery south of the Brage field in the North Sea
According to the NPD, Faroe Petroleum Norge AS, operator of production licence 740, has concluded the drilling of wildcat well 31/7-1 and appraisal well 31/7-1 A.
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According to the NPD, Faroe Petroleum Norge AS, operator of production licence 740, has concluded the drilling of wildcat well 31/7-1 and appraisal well 31/7-1 A.

Transerv Energy Ltd has formed a strategic alliance with Norwest Energy Ltd to facilitate the farmout and drilling of the 160 million bbl Xanadu Prospect.

The new concession map reflects the four new licensing options awarded to the company during the Phase 2 Atlantic Ireland licensing round.

The contract, which is for the provision of engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam.

The company has received an order from New Orient Marine Pte. Ltd, to supply three ROVs for its multi-purpose ice-class vessel currently under construction in Singapore.

The four contracts, span turret fabrication and vessel upgrades and were all secured from repeat customers.

ExxonMobil has been granted permission for the start up of a subsea facility for production well 25/11-E-29 AH on the Balder field.

Tullow Oil Norge AS, operator of production licence 776, is in the process of completing the drilling of wildcat well 16/5-6.

UTEC has announced a major ROV project completion in the deepwater Gulf of Mexico.

The Norwegian Petroleum Directorate has granted permission to use the facility on the Tambar field in the North Sea until 1 January 2022 to coincide with the expiry of production licence 065.

Total duration including options is 10 years and with an estimated value of NOK 1.2 million.

The focus of the project will be to improve seismic imaging techniques.