Oil & Gas News

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development. Capital expenditures of NOK 7.8 billion will help extend the productive life of the Troll field beyond 2050.

Eni successfully drilled and tested the Merakes East prospect in East Sepinggan block, Offshore Kalimantan, Indonesia. The prospect is located 33 km south east from the Eni-operated Jangkrik field and just 3 km east of the Merakes Field. The well has been drilled to a depth of 3,400 m MD in 1,592 m of water depth and encountered 15 meters of gas bearing net sands in two distinct levels of Miocene Age.

On December 16th, Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. On December 17th, gas from the Aasta Hansteen field is available to the market for the first time and together with the Polarled pipeline the field opens a new region for gas export to Europe.

Total and the Ministry of Petroleum, Energy and Mines of Mauritania have signed an agreement awarding Total two new exploration and production contracts for Blocks C15 and C31 deep offshore Mauritania, covering an area of 14,175 square kilometers.

The long-term sustainability of the offshore oil and gas sector is predicated on reducing costs and minimizing projects’ environmental impacts. Drawing off its extensive experience in the electrification of marine assets, Siemens has taken a significant step on the way to helping the industry achieve those goals by supplying the world’s first energy storage solution (ESS) to an offshore drilling rig.

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