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News Archive for: May 2014

IGas Energy moves in on £117million acquisition:

IGas Energy is one step closer to completing its £117.1 million acquisition of Dart Energy.

The onshore oil and gas exploration and production firm has completed the full due diligence investigation process. Both firms are satisfied with the outcome and will now present the acquisition terms to the Australian Foreign…

Petrofac wins EnQuest deal:

OIL AND gas services firm Petrofac yesterday said it had won a $630m (£377m) contract to maintain EnQuest’s assets in the North Sea.

Under the deal, the FTSE 100 company will provide operations and maintenance services to energy explorer EnQuest on the Thistle, Heather and Northern Producer projects, as well…

GDF SUEZ makes North Sea find:

GDF SUEZ have confirmed a new gas discovery in the Southern North Sea (SNS).

The Cepheus 44/12a-6 exploration well encountered a gas column within the Permian Lower Leman Sandstone which was the primary reservoir target.

The well, which was spud earlier this year, was drilled to more than 12,000ft. The TSF…

Dana Petroleum installs gas pipeline in the North Sea:

Dana Petroleum has successfully installed a gas import and export pipeline for its Western Isles Development Project.

The 6 inch pipeline is approximately 7 miles long and was made and inspected at the Subsea 7‘s spoolbase in Leith, Scotland. The pipeline was installed using the Seven Navica…

Statoil starts latest Gulf of Mexico drilling campaign:

Statoil announced today that it has started its latest Gulf of Mexico exploration campaign. It started drilling Martin, a high-impact prospect, on 20 April.

“We consider Martin one of the top prospects in our global portfolio,” says Jez Averty, senior vice president of exploration for Statoil in North America. “Since…

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