Statoil gains approval for Trestakk PDO in Norwegian Sea

Norway’s Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Statoil ASA-operated Trestakk discovery on the Halten Bank in the Norwegian Sea. Source: News


Engie E&P Norge lets modification contracts for Gjoa semi

Engie E&P Norge has let three front-end engineering and design study contracts for modifications at the Gjoa semisubmersible platform in the Norwegian North Sea. The contracts concern the subsea tieback of Skarfjell oil field to the Gjoa platform. Wintershall Norge AS operates Skarfjell. Source: News


MARKET WATCH: Oil prices climb on Buzzard outage, likely US inventory drop

Benchmark crude oil prices rose on both the New York and London markets on news of supply disruptions. Buzzard field in the UK North Sea had an unexpected shutdown. Nigeria said its production declined 225,000 b/d in March compared with February. Source: News