Statoil moved to increase its presence offshore Colombia through two farm-in agreements with Spain’s Repsol, the Norwegian explorer announced on 4 September 2014. Statoil will acquire a 10% stake in the Petrobras-operated Tayrona…
The Danish Energy Agency (DEA) has launched the country's 7th North Sea Licensing Round, covering the Central Graben, where the majority of Danish fields have so far been discovered, and areas further to the east, where oil discoveries were made in the 6th Licensing Round…
E.ON E&P has farmed into the Aurelia license in the Barents Sea. The firm will take 20% stake 'We have had the Barents Sea as a focus area since 2010, and this farm in is a part of E.ON E&P’s long term exploration strategy in this area…
Delek Group's gas subsidiaries announced that the Petroleum Commissioner of the Ministry of Energy and Water Resources announced to the partners in Rachel/349 and Amit/350 licenses its decision with regards to extending the validity of these licenses until 20 March 2014…
Iceland’s National Energy Authority, Orkustofnun, granted a license for the Dreki area to CNOOC Iceland ehf, Eykon Energy ehf, and Petoro Iceland AS in the third and final round for the region. CNOOC Iceland, subsidiary of CNOOC International ltd…
Statoil ended a joint license agreement with Bahamas Petroleum. Bahamas Petroleum says Statoil is dropping its involvement in the agreement following its exploration successes elsewhere and a subsequent review of its global portfolio…
A consortium led by Chevron has been awarded exploration licenses covering two blocks offshore north-east Greenland. Consortia led by Statoil and ENI were also awarded licenses, covering one block each, also off north-eastern Greendland…
RWE Dea UK received the operatorship in a further three licenses in the Southern North Sea's 27th Offshore Oil and Gas Licensing Round. In addition to the two licenses they received earlier this year, P2018 West of Shetland and P1975 Northern North Sea…
Denmark’s Energy Agency (DEA) is due to launch its seventh licensing round for oil and gas exploration and production licenses in the Danish North Sea before the end of 2013, according to International Law Office. Image: DONG Energy's Siri platform…
Eco Oil & Gas (Atlantic) is planning seismic surveys after receiving a one-year extension on two exploration licenses off Namibia. The extension to the Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses, both in the Walvis basin, will…
Woodside Petroleum acquired its first offshore exploration acreage in northwest Europe with its agreement to farm-in to three license options in the Atlantic Porcupine Basin. Woodside will become operator of all three licensing options, subject to regulatory approval…
Rosneft annoucned today it has signed cooperation agreements with Norway's Statoil, Italy's Eni, and America's ExxonMobil. Statoil and Rosneft have made official their plans to explore for oil and gas offshore Russia. The two companies…
Kosmos Energy announced today that it has entered into two farm-in agreements, whereby Kosmos is acquiring an interest in multiple blocks in the prospective Porcupine Basin, offshore the west coast of Ireland. Porcupine Map (Image…
Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…
Statoil receives 14 licenses during APA roundMinister of Petroleum and Energy Ola Borten Moe (Photo: Lise Rist / OED)Forty companies walked away with shares in 51 new production licenses as part of Norway’s 2012 APA Round, the country’s…
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