Cairn

ONGC at study phase on Krishna Godavari deep offshore project

ONGC to award pre-FEED on KG-DWN-98/2 deepwater The India state-owned company Oil and Natural Gas Corporation (ONGC) is on the way to award the contract to perform the pre-front end engineering and design (pre-FEED) work for the development of the KG-DWN-98/2 project in the deep water of the Krishna Gadavari (KG) Basin offshore the Andhra …

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Premier Oil to decide soon on Catcher in the UK North Sea

Premier Oil to award Catcher FPSO EPC contract The London-based company Premier Oil (Premier) and its partners, Cairn Energy (Cairn) from Scotland and the Basf subsidiary Wintershall from Germany, are on the point to make the final decision to award the engineering, procurement and construction (EPC) contract for a floating, storage, production and offloading (FPSO) …

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Morocco to boost offshore exploration and oil shale development

Cairn, San Leon, Genel increase footprint in Morocco On the same week, Cairn Energy (Cairn) announced to sign a Farm-in Agreement for offshore exploration and production while San Leon Energy (San Leon) extended its oil shale onshore acreage, both in Morocco. These moves reflects the potential of resources and the momentum taken by Morocco in …

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Statoil to triple its Arctic technology budget

Skrugard and Havis confirm Barents Sea potential Statoil and its partners ENI from Italy and Petoro AS (Petoro), the Norway State-owned company, discovered in Skrugard and Havis reserves going far beyond their expectations. Under the license PL 532, Statoil and its partner share working interests in Skrugard and Havis as following:  – Statoil 50% and …

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