Statoil, Total swap Barents Sea interests

Statoil AS and Total SA have agreed to swap 10% interests in two petroleum licenses in the Barents Sea offshore Norway.

Statoil receives 10% equity in PL535. Total receives 10% equity in PL395.

Statoil has made a discovery called Ververis on PL395, which it operates, and Total Norge E&P has a discovery called Norvarg on PL535, which it operates (OGJ Online, Aug. 10, 2011). A Norvarg appraisal well is in progress.

The blocks are on the Bjarmeland platform.

Related Articles

WoodMac: US tight-oil market ‘too robust to bust’

03/25/2014 A drop in global oil price levels or a significant widening of the differential between global oil prices and inland realizations are just two of t...

Gorder named Valero chief executive officer

03/25/2014

Joe Gorder, Valero Energy Corp. president and chief operating officer, has been named chief executive officer, succeeding Bill Klesse.

Double Eagle changes name, appoints chief executive officer

03/25/2014 Double Eagle Petroleum Co., Denver, has appointed Charles F. Chambers to the position of chairman and chief executive officer, effective Apr. 1. As...

MOL closes purchase of North Sea assets from Wintershall

03/25/2014 MOL Group, Budapest, has completed its transaction with Wintershall, Kassell, Germany, in which MOL acquires offshore assets with 14 licenses in th...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected