Statoil Reports Another Gas Discovery
Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015. “Statoil has completed a targeted two-well…
Another Gas Find By Statoil in Aasta Hanstee
Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015. “Statoil has completed a targeted two-well…
Oil Price Fall Puts Squeeze on North Sea Energy Minnows
Plunging oil prices have increased the strain on the many small energy firms operating in the North Sea who were already facing diminishing returns from an area that once helped power the British economy. With fields more mature and oil harder to find…
Eastern Africa: The Emerging Oil and Gas Frontier
With a 35+year track record in and on Africa, Global Pacific & Partners hosts this landmark meeting on Eastern Africa. Now in its 5th year, Global Pacific & Partners invites you to this annual event held in Nairobi, Kenya, providing unrivalled new insights into the upstream opportunities…
Norway Confirms Small Arctic Oil Find
Norwegian oil explorer Det norske made a small oil discovery in the Arctic Barents Sea with a gross oil column of about 30 metres and much poorer reservoir quality than expected, the Norwegian Petroleum Directorate said on Monday. Det norske…
Offshore Norway Exploration Plan Gets Funding
Atlantic Petroleum Norge AS has entered into a NOK 300-million bank credit facility with DnB to finance its growth plans in Norway. Under the terms of the credit facility, approx. 74% of all the Company’s exploration, appraisal and supporting expenditure in Norway will be met by DnB…
