Doubling of Aldous volumes

The results of appraisal well 16/2-10 have increased production license PL265 estimates to between 900 million and 1.5 billion barrels of recoverable oil equivalent.

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Field Development

South Arne Phase 3 development project approved

2010.11.28 - Field Development -

South Arne Phase 3 development project approved

Norwegian Energy Company ASA (Noreco, OSE:NOR) is pleased to announce that the owners of the South Arne field in Denmark have approved the Phase 3 development project, which will add approximately three million barrels oil equivalents of new reserves net to Noreco. Full text

BP Makes a Significant Deep Gas Discovery in Egypt's West Nile Delta

2010.11.25 - Field Development -

BP Makes a Significant Deep Gas Discovery in Egypt's West Nile Delta

BP Egypt announced today that it has made a significant gas discovery in the Deepwater West Nile Delta area. The Hodoa discovery is located in the West Mediterranean Deepwater, Nile Delta concession, some 80 km northwest of Alexandria. Full text

FPSO contract signed for Huntington field

2010.11.14 - Field Development -

FPSO contract signed for Huntington field

Norwegian Energy Company ASA has announced that the joint venture partners in the Huntington field development today signed a leasing contract for the FPSO Sevan Voyageur. The FPSO Sevan Voyageur is currently in the Nymo yard in Arendal, Norway, where gas compression and water injection upgrades will be carried out. The FPSO will be installed on the Huntington field in the fourth quarter of 2011. Full text

Woodside take stake in Pluto offshore Australia

2010.10.30 - Field Development -

Woodside take stake in Pluto offshore Australia

Woodside advises that it has entered into a Sale and Purchase Agreement to acquire a 50% participating interest in exploration permit WA-404-P, offshore Carnarvon Basin, Western Australia from Hess Exploration (Carnarvon) Pty Ltd. Full text

Fast-track field to keep Njord going

2010.10.14 - Field Development -

Fast-track field to keep Njord going

Another rapid development is taking shape for Statoil with the Gygrid discovery in the Norwegian Sea, which will extend the production life of the existing Njord platform by several years. Full text

DOF Subsea Norway AS to Perform Geotechnical Survey for Shtokman Development AG

2010.08.29 - Field Development -

DOF Subsea Norway AS to Perform Geotechnical Survey for Shtokman Development AG

Bergen-based specialist subsea service company DOF Subsea Norway has been awarded a contract for the provision of Complementary Offshore Geotechnical Survey by Shtokman Development AG. DOF Subsea will commence work in the Shtokman Gas Condensate field in early September utilising own vessel Geobay. The scope of work, consisting of offshore geotechnical survey, onshore testing and reporting, will be carried out in cooperation with PeterGaz Ltd. Full text

Discovery at the Zidane prospect

2010.08.29 - Field Development -

Discovery at the Zidane prospect

Norwegian Energy Company ASA today announces that a discovery has been made on the Zidane-1 well in license PL435 in Norway, which is operated by RWE Dea Norge AS. Full text

Finder enters into farmout agreement for North Carnarvon Basin Permit

2010.08.17 - Field Development -

Finder enters into farmout agreement for North Carnarvon Basin Permit

Finder has announced that it has entered into a farm-out agreement which provides for Apache to earn a 75% interest in Exploration Permit WA-450-P. The Permit is located in the Northern Carnarvon Basin, directly south of the Gorgon and Clio major gas fields as shown in the location map below. Full text

Xodus Group wins subsea FEED contract for Juliet field

2010.08.12 - Field Development -

Xodus Group wins subsea FEED contract for Juliet field

Aberdeen-headquartered energy consultancy Xodus Group has won a large contract with operator GDF SUEZ E&P UK Ltd to deliver a front end engineering and design (FEED) study for the Juliet field in the Southern North Sea. Full text

BGP Marine shoots for Spectrum

2010.07.23 - Field Development -

BGP Marine shoots for Spectrum

The BGP Challenger is currently acquiring 2D long offset seismic data on behalf of Spectrum Multi-Client in the US Gulf of Mexico. The BGP Challenger, which was commissioned in early 2009 is currently acquiring Phase 4 of Spectrum’s extensive Big Wave Multi-Client programme in the eastern Gulf of Mexico. Full text

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