Energy Ticker


Discovery off the Angolan coast

Eni has made a new oil discovery on its Ochigufu project off Angola. This is the tenth commercial oil discovery in the country`s block 15/06 and is estimated to contain 300 million barrels. Ochigufu is reported to start producing in record time. The well is located about 14 miles off the Angolan coast and was drilled by the semi “Ocean Rig Poseidon”. Eni is operator with a 35 per cent share, Sonangol P & P has 30 per cent, SSI Fifteen Limited has 25 per cent, Falcon Oil Holding Angola has 5 per cent and Statoil has a 5 per cent share.


Lundin is ready for the Barents Sea east

Next year, Lundin is planning to start drilling the Ørnen project north of Nordkyn peninsula in Finmark. Besides Statoil`s Guovca well, that was drilled dry back in 2005, no one has ever drilled this far east on the Norwegian shelf. According to partner North Energy, the first well in the license will be drilled during the first quarter of 2015. It is estimated that the license contains 316 million barrels of oil on about 1600 meters depth. PL708 was awarded in the 22nd round, and the partners are Lundin (40 per cent), Lukoil (20 per cent), Edison (20 per cent), North Energy (10 per cent) and Lime (10 per cent).


Yme will now be staffed again

The Yme platform has been unstaffed since summer 2012 when 140 people were evacuated due to cracks in the grouting around the facility`s legs. At that point, the supplier was not able to present documentation proving that the safety was good enough. Platform owner SBM Offshore and operator Talisman decided to terminate the platform. Now, about 100 workers are ready to enter the platform to prepare its removal next summer. The rig “Maersk Giant” is rented to accommodate the workers. The first step is that a few workers will enter Yme to ensure that the platform is safe. Security equipment and fire safety measures will be installed and temporarily generators will be implemented. The next step is that 30 workers will operate “Maersk Giant” and 70 workers will work on Yme. – Since 2012, we have analyzed, made technical assessments and surveys offshore. To fill sand in the cracks has also proven to be effective. The result is that we now have reached an acceptable security level and can safely staff the platform temporarily. Also, while work is being done on the platform we will have several inspections to always be on the safe side if the situation were to be changed, says head of communications in Talisman Norge, Grethe Elise Foldnes.


Wintershall continues to grow on the NCS

On Friday, it was announced that Statoil has sold several assets to Wintershall on the Norwegian Continental Shelf. The deal gave Wintershall a 5 per cent stake in the producing Gjøa field, 24.5 per cent in the producing Vega field, 19 per cent in Asterix, 24 per cent in the Aasta Hansteen project and 13.2 per cent in the Polarled pipeline. Now, Wintershall becomes operator on Vega, just like when Statoil sold its assets in Brage last year. – With the acquisition of these shares in oil and gas fields, we are continuing our growth course in Norway, and intensifying the cooperation with our partner Statoil, said Chairman of the Board of Executives Directors of Basf, Kurt Bock. CEO Rainer Seele in Wintershall agrees: - We have a strong faith in the Norwegian continental shelf, and strongly focus on our goal: We want to become one of the leading oil and gas companies in Norway.


Press Contact

Verena Sattel
Communication Manager North Sea, Spokesperson