
Fugro's rig positioning services reduce mobilisation time for Statoil
Fugro has won a long-term contract for the provision of rig positioning services to Statoil Petroleum AS.
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Fugro has won a long-term contract for the provision of rig positioning services to Statoil Petroleum AS.

Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval.

Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block, and holds holds an option to purchase a working interest in the Orinduik Block.

During the period, Trinity continued to build on the momentum achieved during the first three quarters by delivering yet further growth in profitable production and strengthening of the balance sheet.

Galp informs that it is in the process of farming-down a 40% participating interest in the Petroleum Exploration Licence (PEL) 82 in Namibia to an ExxonMobil subsidiary.

Full year production at record level and at low cash operating costs resulted in highest operating cash flow and EBITDA to date.

LUKOIL has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the Caspian Sea. As of 31 January, the company started to drill an injection well.

Loan agreement finances further development of the Prinos, Prinos North and Epsilon oilfields.

Island Offshore Subsea AS provides Riserless Light Well Intervention (RLWI) project management and engineering services for plug & abandonment (P&A), riserless coiled tubing and well completion operations.

Erin Energy Corporation has announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation.

On 31 January, Shell acquired nine exploration blocks for the Mexican Gulf of Mexico in the deepwater bid round.

Noble Midstream Partners LP and Greenfield Midstream LLC have announced the completion of the acquisition of Saddle Butte Rockies Midstream, LLC and certain affiliates through a newly formed joint venture, Black Diamond Gathering, LLC.