Oil Discovery at Langfjellet
Det norske oljeselskap ASA (“Det norske”), operator of PL 442, announces that drilling of exploration well 25/2-18 S on the Langfjellet prospect in the North Sea is about to be completed. The well encountered a gross oil column of 109 meters in the Vestland Group. A technical sidetrack…
DNV GL Secures Frame Agreement with Det Norske
Det norske oljeselskap ASA has awarded two new frame agreements to DNV GL covering a range of services in the field of verification, Inspection and HSEQ. The contract period is for four years with potential to extend. “This is good news for DNV GL and we are delighted to be extending our relationship with Det norske.
DNV GL Bags Det Norske Deal
Det norske oljeselskap ASA has awarded two new frame agreements to DNV GL covering the wide range of services DNV GL provides in the field of verification, Inspection and HSEQ. The contract period is for four years with potential to extend. “This is a good news for DNV GL and we are delighted to be extending our relationship with Det norske.
Det Norske hit by Revenue Drop
Det Norske Oljeselskap ASA slumped to an operating loss in the first quarter on significantly lower revenue. The company reported a revenues of $ 205 (Q1 2015: USD 329) million in the first quarter. Production in the same period was 60,600 barrels of oil equivalent per day, while the realized oil price was $ 37 on average per barrel.
Premier Oil Sells Norwegian Arm
Premier Oil has completed the sale of its Norwegian subsidiary Premier Oil Norge AS (PONAS) to Det norske oljeselskap ASA for a net cash consideration of $120 million. Following the sale, Premier expects its year end net debt to be just under $2.3 billion. The company said it has significant…
FUGRO Supports AlVheim Improved Oil Recovery Project
Fugro is providing wave measurements to support construction operations at an improved oil recovery (IOR) project on the Norwegian continental shelf, around 225 kilometres west of Stavanger. The subsea infrastructure on the Alvheim field (operated by Det norske oljeselskap ASA) is being…
Keppel FELS Delivers Largest Rig to Maersk
Keppel FELS Limited has delivered the ultra-harsh jackup rig, Maersk Integrator, to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, thirty days ahead of schedule, on budget and with a perfect safety record. The rig was named at a ceremony today in Keppel FELS by Ms Margareth Øvrum…
Statoil, Partners Find Success in Krafla Area
Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea. Since 2011 significant new recoverable resources have been proven in the area. The Krafla Main Tarbert appraisal well and the small oil discovery in the Krafla North prospect…
Keppel Delivers World’s Largest Jackup Rig to Maersk
Keppel FELS Limited has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, on budget and seven days ahead of schedule. The rig, which will be named at a ceremony in Norway in October 2014, is a XL Enhanced (XLE) harsh environment jackup rig.
Second Jack-up Rig Joins Maersk Drilling’s Fleet
Maersk Drilling has taken delivery of its second ultra harsh environment jack-up, XLE-2, from the Keppel FELS shipyard in Singapore on time. The rig will start its mobilisation to the Norwegian North Sea in approximately two weeks, where it will commence a five year contract with Det norske oljeselskap ASA (Det norske) The rig…
Spike Increases Barents Sea Presence
Spike Exploration Holding AS (Spike) has recently signed an agreement with Tullow Oil Norge AS to swap a 15% interest in licence PL494/B/C for a 15% interest in PL722. PL722 is located in the Hoop area in the Barents Sea. The prospectivity of the PL722 acreage is very attractive, especially after the nearby Wisting oil discovery was made.
Gas and Oil Discoveries in the Askja Prospects
Operator Statoil has together with PL272 partners made a gas discovery in the Askja West prospect and an oil discovery in the Askja East prospect in the North Sea. The exploration wells 30/11-9 S and 30/11-9 A, drilled by the drilling rig Ocean Vanguard, are located between the Oseberg…
