Wednesday, 18 May 2016
Barents Sea licence awards
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The Norwegian Ministry of Petroleum and Energy has issued ten new production licences in the Barents Sea as part of Norway’s 23rd lic...
Tuesday, 3 May 2016
Statoil acquires a further stake in Lundin Petroleum
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On 14 th January, Statoil announced that it had acquired 37.1 million shares in Lundin Petroleum, corresponding to 11.9% of the company....
Friday, 29 April 2016
Ophir's Fortuna farm-out terminated
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On 29 th April 2016, Ophir announced that it had terminated its Fortuna farm-out discussions with Schlumberger. Back in January, Ophir a...
Thursday, 7 April 2016
Gran Tierra the Consolidator
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On 30 March, Gran Tierra announced the private offering of USD100 million convertible notes which successfully closed on 6 April. The new fu...
Tuesday, 22 March 2016
Further payments by the KRG
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DNO and Genel Energy announced on 22 March that the Tawke and Taq Taq participants have been paid by the Kurdistan Regional Government (“KRG...
Thursday, 18 February 2016
Troubles at Jubilee
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Jubilee FPSO On 18 th February, Tullow and Kosmos warned of a potential maintenance issue with the Jubilee FPSO’s turret. At this stage...
Monday, 15 February 2016
Senegal offshore reaches threshold for commerciality
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On 8th February, FAR Ltd announced an updated independent resource report (by RISC) of the SNE discovery offshore Senegal (Cairn 40%, Co...
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