Category: Company news
High Court expresses confidence in Lancaster’s future
“The company is profitable, and anticipated to remain profitable for at least the year.” This is the number one circumstance provided by the High Cour [...]
CGG awarded imaging contract by Lundin Energy Norway
CGG has been awarded a major project by Lundin Energy Norway AS for the seismic imaging of an innovative simultaneous node and streamer 3D survey curr [...]
“Found” 7 profitable MMboe
Lime Petroleum acquires 33.84% of producing Brage Field in Norway from Repsol.
As of 15 June 2021, Lime Petroleum entered into a conditional sale a [...]
Finder Energy acquires Azinor North Sea licences
Following the award of its first North Sea licence in February this year, when Finder Energy announced it had been awarded a 100% interest in P2530 ne [...]
Shearwater GeoServices acquires streamers and renews fleet
Shearwater GeoServices Holding AS (Shearwater) last week announced two transactions to take over marine seismic acquisition assets previously owned by [...]
Applied Petroleum Technology wins contract from Chrysaor Norge AS
Chrysaor Norge AS has awarded Applied Petroleum Technology (APT) a frame agreement to provide geochemical and biostratigraphic analyses for the operat [...]
The billion-barrel West of Shetland discovery that didn’t exist
In 2017, the Scottish Energy News wrote the following, based on an interview with Hurricane: “We believe that the Greater Lancaster Area (including th [...]
Large UK Mid North Sea High seismic survey planned for 2021
ION finalizes plans to acquire second phase of North Sea 3D multi-client program. [...]
More Norwegian gas for Poland
As announced late March, PGNiG is acquiring all of INEOS Group’s oil and gas assets in Norway for a total sum of 615 million USD. Ineos’ portfolio for [...]
Decipher sells assets to Tailwind Energy
This adds a Northern North Sea portfolio including one producing field to Tailwind's UKCS asset base. [...]