Shell’s Sale of Draugen and Gjøa Fields a Sign of Shifting Times in the Region, says GlobalData
Following the news (Friday 30 November) of Royal Dutch Shell subsidiary A/S Norske Shell completing a deal to exit its operated interest (44.56%) in the Draugen oil field and its non-operated interest (12%) in the Gjøa gas field, offshore Norway, further signifies portfolio rebalancing and divestme ...Shell Completes Sale of Draugen and Gjøa Interests to OKEA
A/S Norske Shell has completed the sale of its interests in the Draugen and Gjøa fields in Norway for 4,52 Billion NOK (~US$526 million*) to OKEA AS. With the deal completion, Shell exits its 44.56% operated interest in the Draugen field and 12% non-operated interest in the Gjøa field, representin ...Cyviz Installs New Control Room on Neptune Energy’s Gjøa Platform
Turnkey solution installed without disruption to platform operations in the North Sea LONDON, 14 August 2018 — Neptune Energy, an independent oil and gas exploration company, has worked with Cyviz to complete an upgrade project to core functions within the offshore control room of its Gjøa pla ...Shell to Sell Draugen and Gjøa Interests to OKEA AS
Royal Dutch Shell plc, through its affiliate A/S Norske Shell, has reached an agreement with OKEA AS to sell its entire 44.56% interest in Draugen and 12.00% interest in Gjøa in Norway for $556* million (NOK 4,520 million). The transaction is subject to regulatory approval and is expected to compl ... The enclosed announcement has been reported by the Norwegian Petroleum Directorate (NPD) regarding PL 682, containing the Tethys prospect, in which Cairn has a 30% working interest. The partners in PL 682 are Spirit Energy Norge AS (Operator) 30%, Capricorn Norge AS 30%, Wellesley Petroleum AS 20 ...Subsea 7 Awarded Contract Offshore Norway
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) has announced the award of a sizeable(1) contract by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development. Nova is located in the north-eastern part of the North Sea, 16 kilometres from the Gjøa field, in a water depth of a ...
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