Genesis Petroleum has hired AGR Petroleum Services to undertake a complete well services project and make available the Byford Dolphin semi-submersible rig to drill the company’s first U.K. well early in 2008. 
Venture Production expects 2007 to end with the company producing 60,000 barrels of oil equivalent per day after a year in which downtime sent volumes lower by three percent for a damaged tanker, foul weather and gas “blow down”. 
Det Norske Oljeselskap has spudded a wildcat on the Norwegian continental shelf aimed west of the Grane field to depths of 2,200 metres. 
Dublin-based independent, Island Oil & Gas, has struck a farm-in agreement and license-developmen alliance with Supernova Energy, a business of Bluewater Group in the Netherlands, another “promote” type alliance in the North Sea periphery. 
Operator BP has handed Vetco Gray the NOK1.59 billion ($265 million) job of engineering, building and then maintaining the subsea production equipment of the Norwegian Sea’s Skarv development. 
Endeavour International Corp. in Norway has upped its stake in two production licenses offshore the Nordic country and has become operator in a deal with Germany’s RWE Dea. 
Malcom Wicks is back at the post of U.K. Minister of State for Energy on the appointment of U.K. Business, Enterprise and Regulatory Reform Minister John Hutton, the government declared Tuesday. 
Statoil has today, 9 July, signed a deal for the sale of its 30% interest in production licence 147 Trym in the North Sea to Bayerngas Norge. 
Offshore services outfit Acergy has ordered a $180 million diving support vessel from Havila Shipping, as the London-based supplier looks to win pipeline tie-in, welding and inspection work in Canada and Europe. 
Calgary-based North Sea explorer Antrim Energy has declared its latest Central Causeway well flowed a combined 6,300 barrels of light crude oil per day from two rock strata. |
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Statoil will look at producing the newly defined Ermintrude discovery in the North Sea via a tie-in to the Sleipner, Volve or Gudrun fields, after the detection of new extensions of gas and oil. 
Talisman Energy Norge AS (Talisman) has been granted consent for use of Blane. 
Statoil has has handed out five-year contracts for pipeline coating services worth NOK3 billion ($515 million) with Bredero, Socotherm and Eupec, the oil company heralded Friday. 
Aker Kvaerner has signed a NOK 434 million ($74.5 million )contract with Subsea 7 Norway to deliver steel-tube umbilical for Norsk Hydro's Vega and Troll O2 developments in the North Sea. 
“Challenges” at three Finnish shipyards building ferries have caused offshore vessel producer Aker Yards to lower earnings forecasts for the second quarter of 2007 and the year, just as the company declared it would shed unwanted businesses. 
Norwegian oil company Statoil and partners have proved more gas at the Yttergryta prospect in the Norwegian Sea. 
Anglo-Norwegian survey outfit, TGS-NOPEC, has heeded industry calls and taken pre-payment for a campaign of exploratory surveys off arctic Greenland, a burgeoning oil province set to benefit its Danish administrators. 
Northern provides the following update on the activities associated with the re-entry drilling of the Ottoland discovery well: 
U.K.-listed E&P outfit Faroe Petroleum has struck a rig deal through well-management company AGR for the drilling of the Breagh appraisal well in Block 42/13 of the Southern North Sea Gas Basin. 
Norwegian technology outfit ODIM declared Wednesday that it will buy Stavanger-, Norway based oilfield products specialist JMC for NOK100 million ($17 million). |
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