BP sells off controlling stake in Brazilian Polvo field for £87million
Oil major BP said today it had agreed to sell its 60% interest in the Polvo oil field in Brazil to Brazilian firm HRT for £87million.
southern part
Maersk Innovator secures Ekofisk injector campaign
The Norwegian Petroleum Safety Authority (PSA) has given permission to ConocoPhillips for it to employ the jack-up drilling rig Maersk Innovator to drill eight subsea water injection wells on the Ekofisk field in the Norwegian part of the North Sea.
Statfjord gets life extension
Norway's Petroleum Safety Authority has given semi-state operator Statoil permission to continue to use the Statfjord B platform beyond its design life.
Lundin could cut south Avaldsnes estimates
Lundin Petroleum Norway said today its resource estimates on the southern part of the large Avaldsnes discovery would most likely be cut following an appraisal well.
Shell receives approval to capture raw gas in Iraq
Royal Dutch Shell has received final approval to gather raw gas from three major Iraqi oil fields.
BG Norge Mandarin wildcat a dead duck
BG'S Mandarin wildcat well in the southern part of the Norwegian sector of the North Sea has failed, the bit encountering water in the target formation.
PSA clearance
NORWAY'S Petroleum Safety Authority has given Lundin Petroleum clearance to drill in the southern part of the Norwegian North Sea with the semi-submersible drilling rig, Songa Dee.
Yet more Brazilian strikes
ANADARKO Petroleum has made a major "pre-salt" oil discovery on the Wahoo prospect in Brazil's prolific Campos Basin with its 1-APL-1-ESS well drilled on block BM-C-30 in some 1,417m (4,650ft) water depth. Preliminary results, based on wireline logs, indicate at least 60m (195ft) of net pay with similar characteristics to the nearby Jubarte 1-ESS-103A well.