United Oil & Gas agrees to sell North Sea blocks to Anasuria Hibiscus
United was awarded the North Sea blocks 15/18d and 15/19b in August 2018, and holds a 95% equity interest.
Browse the latest north sea oil news news and articles.
United was awarded the North Sea blocks 15/18d and 15/19b in August 2018, and holds a 95% equity interest.
After finalising the transaction related to the Duva field, the company will hold shares in 27 licenses on the Norwegian Continental Shelf.
Acreage is on offer in the Central North Sea, Northern North Sea, Southern North Sea and the West of Shetlands.
The assets are located in the eastern North Sea and are considered to be non-core by Total.
The contract will see the Netherlands-headquartered business supplying a 2 in. ID 345 psi rated Gas Lift Jumper to support the independent E&P company’s operations in the Guillemot field, approximately 175 km east of Aberdeen.
The move follows a recent contract win and the acquisition of the company's first asset.
Equinor has signed three-year contracts with Tendeka AS and Baker Hughes Norge AS for providing sand screen services at a total value of around NOK one billion, including options for five two-year extensions.
Daniel Rogers, Global Data, said that Norwegian production only accounts for approximately 3% of ExxonMobil's total portfolio.
Included in this year’s awards, jointly organised by OGUK and Step Change in Safety is a new category for Maritime Safety.
ExxonMobil's reported divestment of its Norwegian upstream portfolio "doesn't come as a surprise" according to Wood Mackenzie.
Unity’s Temporary Abandonment Cap Test Tool (TACTT) was deployed to support an end of life project located in the Southern North Sea.
The combined gross resources of Jorvik and Tellus East are estimated to be between 4 and 37 million boe.