PGNiG Upstream Norway will acquire 22.2 percent of shares in King Lear field – PL146 and PL333 licenses – from Total E&P Norge. The volume of production in the part attributable to PGNiG may reach 0.25 bcm of natural gas annually. The production start is planned for 2025.
Tag: North Sea
Zeebrugge-Hull route operating sister vessels the Pride of York and the Pride of Bruges, built in 1987, have recently undergone their refit worth GBP 8.5 m. The refurbishment of the 880-passenger ro-pax ferries at Remontowa Shiprepair Yard SA in Gdansk included major work on their physical infrastructure and passenger areas […]
A new crude oil field discovered in the Norwegian sector of the North Sea opens up new opportunities for Lotos Norge’s growth and adds to its production potential. Following the drilling of an exploration well in August 2016, the Langfjellet field was discovered in the area covered by the PL442 licence […]
Statoil, LOTOS Norge and Total Norge, which together hold the Utgard licence (formerly Alfa Sentral), have submitted the Plan for Development and Operation of the licence to the Norwegian and British regulators. Production from the Utgard field is scheduled to start in late 2019. LOTOS’s recoverable reserves amount to 10.3 […]