Premier Oil seeking debt extension
Premier Oil is seeking a four-to-five year extension to debt due next year.
Browse the latest north sea oil news news and articles.
Premier Oil is seeking a four-to-five year extension to debt due next year.
Aurora is a small gas discovery in the North Sea located west of the Gjøa field.
Head Energy was awarded the frame agreement for modifications at Brage in 2016 and the extension means that the contract now runs to 2022.
Hydrocarbons were discovered at the Dugong well (PL 882), located in the Norwegian sector of the North Sea, last week.
The aim of the portfolio agreement is to ensure a holistic approach to planning and execution of projects at the Oseberg fields in the North Sea.
Production from the Lancaster field was 1.3 million bbl in 2Q20, compared to 1.4 million bbl in 1Q20.
Designed to provide real time pressure and temperature data anywhere in the well, the Instrumented Tubular Plug has been qualified for use on high pressure high temperature wells.
Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development.
TSG Marine is deploying a rapid sanitisation system which not only renders a workplace virus-free but the unique molecular layer, when applied to surfaces, kills all viral, bacterial, mould and organisms for up to 30 days.
Logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring.
The latest phase of investment will focus on significantly expanding the company’s rental fleet of offshore safety equipment, which includes its fire and rescue apparatus.
Premier Oil has also said it will not be pursuing the purchase of the additional 25% interest in the Tolmount gas field from Dana Petroleum.