Category: Company news
New NPD senior management team
Today the Norwegian Petroleum Directorate announced the names of the six new directors of the senior management team, selected from a group of 150 app [...]
New life for PL 001
Vår Energi is upgrading the production vessel Jotun FPSO as part of its commitment to increased oil recovery from Norway's first oil discovery. [...]
Management changes at Neptune
Gro Haatvedt is leaving her role as a VP of Exploration and Development in Neptune Energy, but will continue to work with the company as a Distinguish [...]
More cost (and job) cuts at PGS
PGS is scaling down and cutting costs to weather the current supply industry storm and be ready for improving market conditions in the future. [...]
More oil to be found at Grand Banks
Applied Petroleum Technology has identified until now unrecognized Lower Jurassic source rocks offshore East Canada. [...]
Neptune pushes back first production
Neptune Energy has decided to slow the pace of investments at some of its growth projects. This will affect first oil as Njord, Duva and Fenja on the [...]
No material change in 2020-production for DNO
Due to turbulence and uncertainty in global oil and financial markets triggered by the coronavirus pandemic, DNO has updated their guidance for 2020. [...]
Divests UK assets
Total has sold several non-core assets in the UK part of the North Sea to the Norwegian investment fund HitecVision. [...]
Neptune terminates Edison deal
Neptune Energy today announced that it has agreed to terminate the agreement to acquire Edison’s UK and Norwegian assets. [...]
New 4D survey at UK giant field
Apache has awarded Shearwater GeoServices a 4D survey at the Forties Field in the UK North Sea. [...]