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News Archive for: October 2012

EnQuest Offered Eleven New North Sea Licences:

EnQuest PLC (“EnQuest”), the largest independent UK producer of oil in the UK North Sea, is pleased to announce that it has been offered eleven licences in the 27th Oil and Gas Licensing Round of the UK’s Department of Energy and Climate Change. EnQuest applied for fourteen blocks, it…

North Sea oil and gas licensing round ‘successful’:

The UK government has claimed the North Sea remains a “fertile landscape for investors” after awarding 167 licences for oil and gas projects on the UK Continental Shelf.

The new licenses offered by the Department of Energy and Climate Change (DECC) cover 330 North Sea blocks.

Another 61 blocks face environmental…

Chevron to prospect for shale gas in Lithuania:

Chevron plans to look for shale gas in Lithuania after buying a stake in a local oil company, the prime minister said on Thursday, showing the country hopes to follow neighbour Poland in seeking new supplies.

The government has set energy independence from Russia, its sole gas supplier, as a…

Brown Field Allowance sparks new wave of oil investment:

The government has today approved a Talisman project that will extend the life of North Sea oil fields and unleash millions of pounds of extra investment for the UK economy.

The £1.6 billion MonArb Area Redevelopment Project will mean the production of a further 100 million barrels of oil equivalent…

TAQA Bratani’s North Sea Contender Well Hits Oil:

TAQA Bratani has made an oil discovery at the Contender exploration well in the North Sea, its partners in the well announced Monday.

Calgary-headquartered Antrim Energy (which has an 8.4-percent interest in Contender) reported in a statement that the well, located in UK Northern North Sea Block 211/22a, had found…

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