Svenska Petroleum Company News

Recent Articles

Results 19 articles shown

Det Norske Buys Svenska Petroleum's Norwegian Business for $75M
Wednesday, October 14, 2015Det norske oljeselskap agrees to buy Svenska Petroleum's Norwegian business for $75 million.

Det Norske Drills Two Dry Wells
Tuesday, September 09, 2014Two Det norske wildcat wells fail to find hydrocarbons.

Statoil Finds Oil, Gas at Askja
Thursday, January 02, 2014Statoil and Det norske oljeselskap find up to 44 million barrels of oil equivalent at the Askja West and East prospects.

Svenska Petroleum Awards Guinea Bissau Well Management Contract
Monday, August 05, 2013Svenska Petroleum awards AGR Well Management a contract to plan, manage and execute its upcoming exploration campaign offshore Guinea Bissau.

Krafla West Delivers for Statoil
Tuesday, June 28, 2011Preliminary calculations indicate that the find contains some 12.6-37.7 million recoverable barrels of oil equivalent (boe).

Det norske Sells Stake in Garantiana
Thursday, April 07, 2011Det norske has sold a 20 percent interest in production licenses 554 and 554B to Svenska Petroleum Exploration.

StatoilHydro's Frigg Area Yields More Crude
Thursday, October 15, 2009Oil has been discovered by StatoilHydro in the Frigg Delta prospect in the North Sea, with proven recoverable volumes put at 18-35 million barrels.

NPD Grants StatoilHydro Drilling Permit for PL 442 Wildcat
Friday, August 28, 2009The NPD has granted StatoilHydro Petroleum AS a drilling permit for wellbore 25/2-17, which will be drilled by the Ocean Vanguard semisub.

Noreco Takes Bigger Bite of North Sea Assets
Friday, July 10, 2009Noreco has entered into an agreement to acquire a 30% interest in license PL471 in Norway from Sagex Petroleum Norge AS. Noreco has also entered into an agreement to sell a 20% interest in PL442 in Norway to Svenska Petroleum Exploration AS.

StatoilHydro Confirms Delineation at Fulla Prospect in North Sea
Wednesday, May 20, 2009StatoilHydro has struck gas during the drilling of a sidetrack on the Fulla prospect ten kilometers northeast of the Frigg field in the North Sea.

StatoilHydro Confirms Fulla Discovery with Successful Appraisal
Tuesday, May 19, 2009StatoilHydro confirmed the Fulla discovery in the Norwegian North Sea with a successful sidetrack appraisal well. Anticipating a quick production start-up, development options include tying the Fulla field back to existing infrastructure.

PGNiG Collects E&P Interest on Norwegian Continental Shelf
Tuesday, May 05, 2009PGNiG Norway will acquire a 35% participating interest in the PL521 exploration and production license on the Norwegian Continental Shelf.

NPD Grants StatoilHydro Drilling Permit for Wellbore 30/11-7 A
Wednesday, April 01, 2009The Norwegian Petroleum Directorate has granted StatoilHydro a drilling permit for wellbore 30/11-7 A, which will be drilled in the North Sea using the Transocean Leader semisub.

StatoilHydro Pounces on Gas, Condensate at Fulla Prospect
Thursday, February 05, 2009StatoilHydro has encountered gas and condensate at the Fulla prospect and is considering drilling a sidetrack well to delineate the extent of the find.

Det Norske Offered Operatorship in Several Norwegian Sea Licenses
Friday, December 19, 2008Det norske has been offered the operatorship in license numbers 500, 504, 512, 497 on the Norwegian shelf. Following this award, Det norske has 46 licenses and is operator for 26 licenses.

DONG Ups Stake in Norway's Ula Field
Monday, June 02, 2008DONG Energy has chosen to exercise its pre-emption right, and is increasing its stake in the Ula oil field from 5% to 20%. Svenska Petroleum Explorations is selling its 15% for US $130 million.

Oilexco Closes Deal for Svenska UK Interests
Friday, May 02, 2008Oilexco Incorporated announces that it closed the deal on April 30, 2008 for Svenska Petroleum Exploration UK Limited's interests for US $25 million in cash.

Altinex Wins Stake in Norwegian Blocks 25/2 and 25/3
Thursday, May 31, 2007Altinex Oil AS has been awarded equity in one new license on the Norwegian Continental Shelf covering Blocks 25/2 and 25/3 in connection with the second phase of the Norwegian APA 2006 licensing round.

Svenska Sells Stakes in Two Fields to Statoil
Friday, January 16, 2004Svenska Petroleum has sold its holdings in two Statoil-operated fields to the group – 1.24 percent of Snøhvit in the Barents Sea and 0.21 percent of Huldra in the North Sea.