Atlantic Petroleum Acquires Interest in Two Licences in Norwegian Sea

Atlantic Petroleum announces that Atlantic Petroleum Norge has acquired Ithaca Petroleum Norge’s 10% interest in production licences PL601 and PL602 in the Norwegian Sea. The agreements are subject to government approval.

The transaction is a result of Atlantic?s strategic focus in this area. With the previously announced commercial agreement with Repsol Exploration Norge on PL528 and the increased exposure in PL602 and PL601, Atlantic Petroleum reduces
risk while securing protection area surrounding PL528 where the Ivory well is expected to spud in September.

PL 601

Ben Arabo, CEO, commented:

“We are optimistic about the area surrounding the Asta Hansteen development. The approach we are taking is securing us a bigger portion of the potential upside in the area while limiting the downside risk.”

Press Release, August 28, 2014; Image: Rocksource

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on; +44 (0) 203 793 8800.

More info

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Europort 2019

Europort, organised in the world port city of Rotterdam, will be the leading exhibition for special purpose vessels…

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