Oil find “not as big as hoped”
One of the biggest oil discoveries in the North Sea in years may not be quite as big as hoped, Sweden’s Lundin Petroleum said yesterday.
licence area
Eland aiming to make swift progress
North-east oil explorer Eland Oil and Gas made its debut on the stock market yesterday, with first day trading valuing it at about £135million.
COSL Pioneer gets started on critical Faroese exploration well
Statoil has started drilling its second exploration well on the Brugdan prospect, located in licence area 006 off the Faroes.
Maersk to drill Danish well
Maersk Oil will drill an exploration well in the Maja licence area in the Danish sector of the North Sea.
Namibian mega-structure – perhaps
CHARIOT Oil & Gas has identified a single 500sq km mega-structure within its licence area offshore Namibia, following 3D analysis.
Aberdeen oil firm announces changes to Perth stakes
Aberdeen oil firm DEO Petroleum UK has announced changes to stakes in the Perth licence area in the central North Sea.
Angola success for Total
TOTAL has discovered oil on block 17/06 in the deepwater sector of the Atlantic offshore Angola.
Dublin government extends licensing to north-west Rockall Basin
IRELAND has decided to extend the area to be opened for licensing in the 2009 Rockall Round to include the north-western margin of the Rockall Basin.
French energy major Total in deepwater Nigeria farm-in
TOTAL has signed an agreement with Nigerian company Conoil Producing to farm into deep offshore block OPL257 for a 40% interest, leaving Conoil as operator with a 50% interest, while another Nigerian company holds the remaining 10%.