
Statoil: Trestakk approved
Norwegian authorities have approved the PDO of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate.
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Norwegian authorities have approved the PDO of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate.

BP has announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.

Audrey MacIver, Head of Energy at Highlands and Islands Enterprise, sets out the rewards the Highlands and Islands is set to reap from major infrastructure investment.

Senior figures from Mexico’s national oil company, Pemex, have been discovering the secrets of the UK subsea sector’s success and how it has revolutionised the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen.

Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has secured four new North Sea contracts in the first quarter of 2017 with a combined revenue of approximately £5.5 million.

Scott Lehmann, Petrotechnics, states that now article 50 has been triggered, Brexit may well be a silver lining for the UK oil and gas industry.

Wintershall Norge AS is the operator of the Maria field, an oil and gas field at Haltenbanken in the Norwegian Sea, around 230 km from the Trøndelag coast.

Royal Dutch Shell CEO Ben van Beurden is to speak at the opening plenary session at SPE Offshore Europe 2017 which is being held in Aberdeen from 5 - 8 September 2017.

First oil began to flow at 20:00 hrs on Sunday 26 March, travelling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform.

Statoil Petroleum AS, operator of Gimle Unit and production licence 193, has completed the drilling of wildcat well 34/10-55 S.

The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) have joined forces to fund and support the development of innovations which could reduce costs, raise production efficiency, and improve safety and environmental performance.

PGNiG Upstream Norway, wholly owned subsidiary of PGNiG SA (Polish Oil and Gas Company), purchased share in the Storklakken discovery from Aker BP ASA.