Category: Company news
New GeoStreamer survey for Supplementary License Round
The 31st Supplementary License Round in the Outer Moray Firth, Greater Buchan Area will soon be opened (Q1 2019) for companies to submit their applica [...]
Committed to the north
"Now we need to be awarded licenses, but we are optimistic!” says Arnt-Eirik Rørnes, Exploration Manager in RN Nordic Oil.
RN Nordic Oil is Rosneft [...]
DNO succeeds in hostile take-over
UPDATE 14th of January: DNO offer is now unconditional and DNO prepares to delist Faroe shares from AIM.
11th of January: DNO now owns or has accep [...]
HALOil has entered UKCS
Third Energy Offshore Ltd's portfolio includes interests in the Greater Pegasus Area (45%), and the high impact Andromeda prospect in the Southern Nor [...]
“Stay on the Technology path!”
“We will have to cover large parts of the North Sea one more time, and that will take several years,” Bjarte Bruheim, Executive Chairman of Axxis Geo [...]
ONE and Dyas have merged
On the 20th of December Oranje-Nassau Energie and Dyas have announced the merge of their upstream energy businesses into a single company called ONE-D [...]
Neptune takes over Fenja
Neptune Energy has announced in a press release that as of 4 December 2018, the merger between Neptune Energy Norge AS and VNG Norge was completed. Th [...]
New major player on the NCS
Vår Energi, the company joining Point resources and Eni Norge, is officially established today and forms now one of the largest E&P companies on t [...]
OKEA Draugen-operator
Friday November 30th, OKEA announced the completion of the acquisition of the Draugen field (PL093), a 12.0% share of the Gjøa field (PL153) and the o [...]
DNO with cash offer for Faroe
DNO offers to pay 152 pence in cash for each Faroe share – valuing Faroe at approximately £607.9 million. The company currently holds 28,22% shares in [...]