Category: Company news

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Wellesley Petroleum sells its share in Duva

Wellesley Petroleum sells its share in Duva

The Polish company considers the Duva field as one of the most promising development projects on the NCS in recent years. It is characterized by the e [...]
Impressive results for a Norwegian start-up

Impressive results for a Norwegian start-up

The Minister has recently been visiting several small to medium oil companies to learn how they deal with challenges and handle opportunities. The Gov [...]
NCS: Strategic collaboration between OMV and Equinor

NCS: Strategic collaboration between OMV and Equinor

According to the first MoU related to the Wisting oil discovery, Equinor will assume the role as operator in the development phase, while OMV will re- [...]
Total cuts jobs in Denmark

Total cuts jobs in Denmark

Total E&P Denmark announced plans to restructure its Danish Oil and Gas business in Esbjerg, to provide a simpler and focused structure built on T [...]
PGNiG buys King Lear from Total

PGNiG buys King Lear from Total

The King Lear gas field will be shared by Aker BP, the main operator (77.8%) and PGNiG Norway. Field production is planned to start in 2025 (investmen [...]
UKCS: Major investments into Shell‘s North Sea operations

UKCS: Major investments into Shell‘s North Sea operations

Shell’s CEO, Ben van Beurden, declared that the conventional oil and gas exploration in Shell globally has been revised and significantly rejuvenated. [...]
Global leaders in Streamer Technology

Global leaders in Streamer Technology

The agreements include a five-year utilisation commitment for an annual minimum of two vessel-years over the period. CGG will have access to Shearwate [...]
TGS and WesternGeco – strong collaboration

TGS and WesternGeco – strong collaboration

The ocean bottom nodes technology is considered a game changer in hydrocarbons E&P, uncovering and developing new reserves and reducing risk in of [...]
UKCS: £750,000 loss for Total

UKCS: £750,000 loss for Total

In 2013, Total acquired 30% interest from JOG in the Valley license, with the condition that if Total decides not to drill, JOG will be renumerated fo [...]
Bjørn Petter Lindhom appointed CEO

Bjørn Petter Lindhom appointed CEO

In October 2018 it was announced that Bjørn Petter Lindhom had been appointed interim CEO of Electromagnetic Geoservices ASA (EMGS). The board of dire [...]
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