StatoilHydro acquires shallow blocks offshore Brazil
2007.11.27 -
Field Development
In the National Agency of Petroleum’s ninth bidding round, StatoilHydro bid successfully on two blocks offshore Brazil.
Anadarko Petroleum Corporation will be the operator of the licences with a 50% stake, with StatoilHydro holding the remaining 50%. The blocks, numbered CM529 and CM530, are located in sea depths of around 100 metres.
“We are pleased with the good results we have achieved. These licences will further strengthen StatoilHydro’s long-term commitment to Brazilian offshore activities,” says Jorge Camargo, president of StatoilHydro Brazil.
The blocks lie adjacent to the Peregrino field in the Campos basin in which StatoilHydro already holds a 50% interest.
Peregrino is a heavy oil field expected to come on stream in 2010.
PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.
Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.
SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.
The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.
Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.
