Wintershall Dea, in collaboration with its partner, the Egyptian Natural Gas Holding Company (EGAS), has reached a historic milestone by achieving zero routine flaring at the DISOUCO Joint Venture in Egypt. The joint venture, comprising EGAS and Wintershall Dea, has set a precedent, becoming the first company in Egypt to accomplish this significant feat. The […]
The Norwegian Ministry of Petroleum and Energy (MPE) has sanctioned Aker BP’s three Plans for development and operation (PDO) as part of the Skarv Satellite Project (SSP) in the Norwegian Sea. Aker BP, in collaboration with licence partners PGNiG, Wintershall Dea, and Equinor, submitted the PDOs to the Ministry last December. The development initiatives under […]
Aker BP has received approval for the Utsira High Project from the Norwegian Ministry of Petroleum and Energy (MPE), which entails an investment of NOK 16 billion ($1.5 billion). The Utsira High Project involves the development of the Symra field and Solveig field Phase 2 in the Utsirahøyden region of the North Sea. Aker BP […]
The Norwegian Ministry of Petroleum and Energy has approved 19 significant oil and gas projects on the Norwegian continental shelf, an investment exceeding NOK 200 billion ($18.5 billion), marking a significant step in the nation’s energy industry. These approved projects span new developments, enhancements of existing oil fields, and strategic investments for increased extraction at […]
Aker BP and its partners have started production from the NOK 1.2 billion ($138.36 million) Gråsel oil project in the Skarv licence in the Norwegian Sea through the existing Skarv floating production, storage and offloading vessel (Skarv FPSO). The Gråsel field has been brought into production four months ahead of its original schedule of Q4 […]
Wintershall Dea said that it has made a gas, condensate, and oil discovery by the drilling of wildcat well 6507/4-2 S at the Dvalin North prospect in the Haltenbanken area of the Norwegian Sea. According to the German oil and gas company, the Dvalin North discovery is estimated to have 33-70 million barrels of oil […]
Neptune Energy has agreed to acquire stakes from Wintershall Dea across various oil and gas fields in the Emsland and the Grafschaft Bentheim region of Germany. The financial terms of the deal were not disclosed. The agreement enables Neptune Energy to increase its existing interests in the Adorf, Ringe, and Apeldorn gas fields, and in […]
Neptune Energy has signed a deal to acquire stakes in multiple oil and gas fields in Germany from Wintershall Dea for an undisclosed price. The deal involves certain oil and gas producing fields in the Emsland and the Grafschaft Bentheim region. It enables Neptune Energy to increase its existing stakes in the Ringe, Adorf, and […]
Phase 1 of the offshore Norwegian oil project begins production
Ærfugl phase 1 project : Operator Aker BP and its partners Equinor, Wintershall Dea, and PGNiG have begun production from the phase 1 development of the Ærfugl oil field (formerly Snadd field) in the Norwegian Sea. The partners are developing the offshore Ærfugl field in two phases with a total investment of NOK8 billion ($873.12 […]
Equinor Energy has made a minor oil discovery in production licence 089 (PL 089) through the drilling of the 34/7-E-4 AH wildcat well near the Vigdis field in the Norwegian North Sea. The goal of the 34/7-E-4 AH exploratory well was to determine the presence of hydrocarbons in reservoir rocks from the Middle Jurassic Age […]