Rex International’s subsidiary Lime Petroleum and its partners have secured new license for the exploration of Sognefjord East area with a tie-back to Brage field, while the company also increased its share in the Yme field following the acquisition of interests from OKEA.After the successful 2023 Kim discovery within the Brage field, in which Lime has a 33.8434% interest, the Brage partnership further…
Some Indian mining and cement companies have approached Dutch shipbuilder Royal IHC for technical assistance as they prepare to bid for deep-sea mineral blocks up for auction, two sources with direct knowledge of the matter told Reuters.In November…
Rex International Holding Limited (Rex International Holding Group) announced that its subsidiary Lime Petroleum AS (LPA) has been offered a 33.8434 per cent participating interest in a new offshore licence in the 2024 Awards in Predefined Areas (“APA 2024”) round in Norway…
The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf.Awards in Predefined Areas (APA) is an annual exploration round for the Norwegian continental shelf. Of the 53 production licenses offered in APA 2024…
The Norwegian Offshore Directorate has granted OKEA a drilling permit for a new wildcat well at Brage field in the North Sea.The permit is for a wellbore 31/4-A-23 F in production license 055.OKEA is the operator of the license with 35.2% stake…
Esgian highlights several new contracts in its Week 39 Rig Analytics Market Roundup.Report SummaryContractsMarket sources indicate that ADNOC has exercised an extension option for the 350-ft jackup drilling rig Aryabhatt 1 in Abu Dhabi.Petrobras…
Norwegian oil and gas company OKEA has entered into agreement with Lime Petroleum, a subsidiary of Rex International, to sell its stake in the Yme field for $15.6 million, exiting the producing field in the south-eastern part of Norwegian North Sea…
Talos Energy and its partners have discovered commercial quantities of oil and natural gas in the Ewing Bank 953 well in the Gulf of Mexico.The EW 953 well encountered approximately 127 feet of net pay in the target sand at approximately 19…
Esgian provides an update on exploration drilling in its Week 25 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesOslo-listed BlueNord announced on Monday the start-up of drilling operations on the Harald East Middle Jurassic well (HEMJ) in the Danish North Sea…
Norwegian Ministry of Energy has offered four new exploration licenses for CO2 storage on the Norwegian continental shelf to Equinor, Vår Energi, OMV (Norge), Lime Petroleum, Aker BP and PGNIG Upstream Norway.All four offered licenses are in the North Sea…
Norwegian oil and gas firm OKEA has submitted a 6.3 billion Norwegian crowns ($571 million) plan to develop its Bestla oil and gas discovery in the North Sea, the country's energy ministry said on Tuesday.The discovery, formerly called Brasse…
Norwegian oil and gas company OKEA, in collaboration with its partners DNO Norge, Lime Petroleum and M Vest Energy, has made a final investment decision (FID) for the Brasse development, located in the northern North Sea.The field is estimated…
Norwegian government has offered 24 companies ownership interests in 62 production licenses on the Norwegian shelf in pre-defined areas (APA) 2023, Norway's regulator of the petroleum resources informed.The awards, unveiled on January 16, 2024…
U.S. oil and gas company Talos Energy has started oil and gas production at Lime Rock and Venice discoveries, located near its Ram Powell platform in the U.S. Gulf of Mexico.The Lime Rock and Venice wells were brought safely online in late December…
U.S. oil and gas producer Talos Energy said on Thursday it expects the impact related to the Main Pass Oil Gathering pipeline shut-in following an oil spill to be immaterial to its fourth-quarter results.The oil spill was first observed on Nov…
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