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Production

Tullow Oil has agreed to sell its Netherlands subsidiary to AU Energy, a subsidiary of Mercuria Energy, for €62.7m.   The transaction, which is expected to be completed during early 2015, includes Tullow's operated and non-operated L12 / L15 block interests and non-operated Q4 and Q5 block interests.   The…
Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration have partnered with Aptomar on a new industry project to improve oil spill management.   All the parties will work to strengthen technology functionality and communication infrastructure for offshore oil spill detection and management systems.  …
Shell has started oil production from its Cardamom subsea development in the deepwater Gulf of Mexico.   Located in Garden Banks Block 427, about 362km south-west of New Orleans, Louisiana, the Cardamom field is expected to produce about 50,000 barrels of oil equivalent a day (boe/d).   Shell is piping…
BP Trinidad and Tobago (BPTT) has awarded an engineering, procurement, installation and construction (EPIC) contract to Technip for the development of its Juniper offshore gas project.   The project will feature construction of a normally unmanned platform and associated subsea infrastructure.   The project will feature five subsea wells, which…
Norwegian oil and gas firm Statoil has started production at its Fram H-North and Svalin C fields in the North Sea.   Located in the Troll area, Fram H-North is estimated to hold about ten million barrels of recoverable oil equivalent.   Svalin C, which is situated in the Grane…
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