North Sea
Joint Ventures , Field Development , Discoveries , Artificial Intelligence , Logistics , Subsea , Seismic
E&P Highlights: Feb. 12, 2024
Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.
Acquisitions & Divestitures , Subsea
DNO Acquires Arran Field Stake, Continuing North Sea Expansion
DNO will pay $70 million for Arran Field interests held by ONE-Dyas, and up to $5 million in contingency payments if certain operational targets are met.
Earnings , Artificial Intelligence , Drilling , Acquisitions & Divestitures
NOV's AI, Edge Offerings Find Traction—Despite Crowded Field
NOV’s CEO Clay Williams is bullish on the company’s digital future, highlighting value-driven adoption of tech by customers.
Acquisitions & Divestitures
Eni, Vår Energi Wrap Up Acquisition of Neptune Energy Assets
Neptune retains its German operations, Vår takes over the Norwegian portfolio and Eni scoops up the rest of the assets under the $4.9 billion deal.
Lease Sales
NSTA Awards 24 More Licenses in 33rd Round
Shell, Equinor, BP, TotalEnergies and NEO were among the companies offered in the second batch of licenses covering 74 blocks and part blocks.
Subsea
Tech Trends: Autonomous Drone Aims to Disrupt Subsea Inspection
The partners in the project are working to usher in a new era of inspection efficiencies.
Highlights , Field Development , Deepwater , Completions , Water Management , Subsea , Seismic
E&P Highlights: Jan. 22, 2024
Here’s a roundup of the latest E&P headlines, including FIDs for the Victory and Winterfell fields and new technology updates.
Health, Safety & Environment , International
Three Norwegian Oil, Gas Field Permits Invalidated on Environmental Grounds
Output at Breidablikk can continue until the end of 2024, but the developments of the two other offshore fields must be halted, in a win for environmentalist groups.
Exploration & Production , Lease Sales
Ministry Offers 62 Licenses Offshore Norway in APA 2023
Sixteen of the new awards from the Norwegian Offshore Directorate add acreage to existing production licenses.
Reservoir Evaluation , Artificial Intelligence , Drilling , Subsea
E&P Highlights: Jan. 12, 2024
Here’s a roundup of the latest E&P headlines, including an SLB-Nabors collaboration and new contract awards.