The company expects permits for its onshore exploration in the Emilia Romagna region to be issued in the first half of next year.
Scots reject independence with 55% voting no and 45% voting yes.
As the country’s referendum on independence nears, polls show Scots remain divided on the issue.
The overriding topic for discussion at ONS 2014 was cost reduction.
N-56 report said industry and government must develop a plan that is pragmatic, has a global focus and is designed to capitalize on Scotland’s natural advantages.
Technip, Europe’s largest oil engineer, plans to expand the range of service it offers energy companies after a bid to buy French seismic surveyor CGG failed.
Egdon Resources Plc has exercised its exploration option and farm-in agreement with Scottish Power Generation Ltd. (SPG) to farm in to U.K. Onshore Production Licenses PL161 (Block SE/60b) and PL162 (Blocks SE/70a and SE/80b).
EMGS and TGS have agreed to acquire 3-D EM data over about 10 new blocks in the Nordkapp and Tiddly areas.
Faroe Petroleum has completed the sale of its 10% interest in the undeveloped Glenlivet gas field, West of Shetland.
PA Resources has been successful in the U.K.’s 28th Seaward Licensing Round and has been provisionally awarded Blocks 22/18c and 22/19d.
Coreflooding measures the effectiveness of water or gas injected into an oil-bearing rock sample to displace oil. This can be used to assess the potential for water flooding in an oil field, BP said in a news release.
Politics has reared its head in the energy industry again as Russia, in the form of Gazprom, has cancelled the $40bn South Stream gas pipeline project across the Black Sea which would have supplied gas to southern Europe while avoiding the Ukraine.
A new centre for well innovation (CWI) could make its way here.
Total plans to bring the Glenlivet gas/condensate field onstream in 2018 with an ‘ullage-filling’ purpose in mind.
CSL has been awarded the extension of an existing onshore and offshore frame agreement with Shell U.K.
HitecVision is establishing a new oil service group under the name Global Maritime Group by merging five companies in its portfolio, according to a news release.
The deal—subject to the standard regulatory approvals—is expected to be completed in first-quarter 2015, the release said.
The aim is to help operators carry out maintenance activities at the most cost effective intervals, increase confidence in the condition of the subsea equipment and ensure a unified and reliable reference for both authorities and the industry, DNV GL said in a news release.
David B. Cook has been named to succeed Søren Gath Hansen as group executive vice president and CEO for E&P of DONG Energy, the company said in a news release.