The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 16/4-10. Well 16/4-10 will be drilled from the Island Innovator drilling facility in position 58°35’03.08’’ north 02°10’21.95’’ east. The…
Lundin Petroleum has started drilling exploration well 7130/4-1 on the Ørnen (Eagle) prospect. Ørnen is in PL708, on the eastern parts of the Finnmark Platform in the southern Barents Sea. The reservoir is expected to consist of Upper Permian carbonates…
Lundin Petroleum has started drilling exploration well 16/1-25 S on the Rolvsnes prospect in PL338C about 6km south of the Edvard Grieg field in the Norwegian sector of the North Sea. Well 16/1-25 S will explore the Rolvsnes area, between the Edvard Grieg field and the Luno II discovery…
North Energy has signed a sale and purchase agreement with Pure E&P Norway, whereby North Energy sells its 10% interest in production license (PL) 708 to Pure. The effective date of the agreement is set at 1 January 2015, and the transaction…
Rex International (RII) entered into a subscription agreement with Lime Petroleum Norway (LPN) for about US$11.72 million (NOK 100 million) as capital injection for Lime’s drilling program obligations. Image from Rex…
Image: North Sea license PL410/Hibiscus Petroleum Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway has executed an agreement…
Rex International Holding Ltd. has announced that its jointly-controlled entity, Lime Petroleum Norway, signed an agreement with EnQuest Norge to acquire their 50% stake in licenses PL760 and PL760B in the Norwegian Sea. Following the transaction…
Edison Norge's exploration well on the Haribo prospect in the Norwegian sector of the North Sea has been declared dry. Partner Noreco Norway said well will now be plugged and abandoned. The well spudded on 21 June using the semisubmersible drilling rig Transocean Searcher…
Tullow Oil is plugging and abandoning its Zumba exploration well (6507/11-11) in license area PL 591 in the Norwegian Sea, after failing to encounter hydrocarbons. The primary objective of the well was to prove hydrocarbons in the Upper…
Edison Norge spudded its first well as operator in the Norwegian Continental Shelf on the Haribo prospect. Exploration drilling started 21 June 2015 in the production license PL616 in the southern portion of the Norwegian North Sea at 8km southwest of the Valhall Field…
Tullow Oil began exploration drilling at the Zumba prospect in the Norwegian Sea, according to partner North Energy. The Leiv Eiriksson. From Ocean Rig. Zumba is located in production licence 591…
The Petroleum Bill and suite of associated regulations as well as a sovereign wealth bill have been put before the Bahamian House of Assembly for their second readings on 20 May, Bahamas Petroleum Co. announced. Image from Bahamas Petroleum…
Lime Petroleum Norway is acquiring 30% interest in PL544 located in North Sea from Lundin Norway. Map of Fosen. From Lundin Norway. The license is located south of the Edvard…
Swedish independent explorer Lundin Petroleum's Gemini well on production license 338 C has been declared a dry hole. Wildcat well 16/1-24 on Gemini was drilled about 10km southwest of the Edvard Grieg field in the central part of the North Sea…
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, entered into an agreement to farm-out a 30% working interest in PL338C to Lime Petroleum Norway. PL338C contains the Gemini prospect, which is currently being drilled with the Island Innovator rig…
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