Regulator queries power, flaring plans for Ping’s Avalon field
The UK’s offshore regulator has asked Ping Petroleum for further information on its proposed Avalon development in the Outer Moray Firth.
Avalon
Ping Petroleum profits up more than fivefold after Anasuria overhaul
Ping Petroleum helped maintain profits for its parent DNeX last quarter, as higher oil prices and production helped offset declines in other areas of the group.
Ping Petroleum presses ahead with ‘pioneering’ Avalon oilfield in UK North Sea
Ping Petroleum is pressing ahead with plans to develop the Avalon field in the UK North Sea, hailed by bosses as a “pioneering scheme” to slash production emissions from oil and gas.
Avalon: Ping Petroleum pushes back investment decision on North Sea oilfield
Ping Petroleum has moved back its timeline for a final investment decision (FID) on the Avalon oilfield in the North Sea.
Hummingbird FPSO granted new mythic title ahead of journey to Avalon
Ping Petroleum has renamed the Hummingbird floating production storage and offload (FPSO) vessel “Excalibur” ahead of its planned redeployment at the Avalon field.
Cerulean, Ping sign deal to secure floating wind for Avalon
Cerulean Winds and Ping Petroleum UK have signed a new agreement that would create one of the UK’s first oil and gas facilities powered almost exclusively by offshore wind.
New North Sea oilfield Avalon to be developed with FPSO and floating wind combo
A “key milestone” has been reached for Avalon, a new oilfield in the UK North Sea, to go ahead.
2022 is ‘opportune time’ to go ahead with UK Avalon oilfield: DNeX
Malaysia’s Dagang NeXchange (DNeX) has said 2022 is the “opportune time” to press ahead with a new North Sea development as commodity prices surge.
Ping strikes $22million deal for Summit stake in UK Avalon field as development progresses
Malaysia’s Ping Petroleum has agreed a $22million deal to acquire Summit Exploration and Production’s 50% non-operated stake in the UK Avalon field.
To E&P or not to E&P?: Summit marketing Avalon stake while eyeing low-carbon future
Summit Exploration and Production (E&P) is looking for a buyer for its 50% non-operated stake in the Avalon oil project in the UK North Sea.
Malaysia’s DNeX taking Ping Petroleum stake to 90%
Malaysian IT and energy sector service provider Dagang Nexchange (DNeX) has reached a deal to take its shareholding in North Sea minnow Ping Petroleum to 90%.