At the beginning of the year, the Norwegian Petroleum Directorate has declared that 2017 could set a new record for exploratory drilling in the Barents Sea. This week, the Norwegian Ministry of Petroleum and Energy has opened the 24th licensing round offering 93 blocks in the Barents Sea, Statoil was licensed to drill its third well in the area and Eni made a new discovery in the region.
Dutch company SBM Offshore was awarded turnkey and lease contract to operate a floating production, storage and offloading vessel (FPSO) from ExxonMobil for the Liza project in Guyana.
Nicolas Hulot, France’s new Minister of Ecology, declared that French government will present a new law to forbid the issue of any new license to explore hydrocarbons in France and overseas France, as part of a plan to be presented in July, 2017.
Dong Energy has announced on May 24, 2017 the selling of the entire share capital of its oil & gas business to INEOS, becoming a pure play renewables company.
Located in the Cayar Offshore Profond block, off the coast of Senegal, BP and joint-venture partner Kosmos Energy claim to have made a major gas discovery