Tag: Leiv Eiriksson oil rig

• Wednesday, February 8th 2017 - 10:17 UTC

  Falklands' oil exploration: Rockhopper announces investments in Sea Lion

  

  Rockhopper Exploration plc has provided its latest operational and corporate update which includes the North Falkland Basin Sea Lion project and has announced that the technical engineering is approaching conclusion and a settlement on the Eirik Raude rig dispute has been reached.

• Tuesday, February 16th 2016 - 07:37 UTC

  Noble Energy cancels drilling in Falklands, following termination of rig contract

  

  Falkland Islands based company, Argos Resources Ltd. said it has received notification from Noble Energy, the operator of license PL001 in which Argos holds a 5% overriding royalty interest, that it is exercising its rights to declare Force Majeure on the well.

• Friday, February 5th 2016 - 08:04 UTC

  Falklands: Contractual dispute with rig company raises speculation over drilling program

  

  The Falkland Islands government would not permit anything less than full and proper abandonment of exploration wells drilled by any operator in the Falkland Islands, stated Director of Mineral Resources Stephen Luxton this week, following news of a contractual dispute between Premier Oil and Ocean Rig over the drilling rig Eirik Raude.

• Monday, October 6th 2014 - 07:19 UTC

  Falklands' offshore Scotia well not viable: Noble Energy will take 75m write down

  

  Houston-based Noble Energy will take a 75 million write down for exploration costs after determining that its offshore Scotia well in the Falkland Islands is not commercially viable. The well was drilled in 2012 using 2D seismic interpretation but was deemed non-commercial following analysis of 3D seismic data.

• Thursday, December 6th 2012 - 21:09 UTC

  FOGL ends drilling program in south Falklands; begins further seismic surveying

  

  Falklands Oil & Gas (FOGL) announced Thursday it had abandoned its Scotia exploration well in the south basin after disappointing results, thus completing its 2012 two-well drilling (Loligo and Scotia) program in the Falkland Islands.

• Tuesday, September 11th 2012 - 05:02 UTC

  Falkland Oil & Gas expected to announce results of drilling in next few days

  

  Falkland Oil and Gas has provided an update on drilling operations at its Loligo prospect, following market speculation which has seen the value of the companies shares fall by almost 30% at one point on Monday.

• Friday, August 10th 2012 - 07:03 UTC

  Falklands, an “excellent investment destination” for the oil industry

  

  The Falkland Islands Government has welcomed the news of a farm-in agreement between Falkland Oil and Gas Ltd and US based Noble Energy which was announced on Monday and confirms the Falklands as an “excellent investment destination”.

• Monday, August 6th 2012 - 21:18 UTC

  US Noble Energy farms in to explore for oil in east and south Falklands’ waters

  

  London AIM listed Falkland Oil and Gas announced it has reached an agreement to farm out a 35% stake in most of its Falkland Islands’ exploration licenses to the US Noble Energy to help fund its drilling plans off the Islands.

• Tuesday, July 31st 2012 - 22:13 UTC

  B&S abandons south Falklands oil and gas exploration; FOGL takes over

  

  After two disappointing results, Borders & Southern has officially completed its deep water drilling program in the South Falkland Islands basin, the company announced on Tuesday. The company said well Stebbing has been “successfully plugged and abandoned,” bringing to an end the Company's current two well drilling program.

• Friday, July 27th 2012 - 05:41 UTC

  Falklands share the full spirit of the London Olympics with torch bearer Rebecca

  

  Falkland Islands residents were able to get into the swing of the lead up to the Olympics this week when one of 8,000 Olympic torch bearers, Commonwealth Games badminton gold medallist Rebecca Pantaney (36) carried a torch to the Islands.