Shell to Take Over Operatorship of Knarr & Gaupe from BG

Source: www.gulfoilandgas.com 8/25/2016, Location: Europe

A/S Norske Shell (Shell) is taking over the operatorship of Knarr and Gaupe from BG Norge AS (BG). As a result, Shell has applied for consent to use these facilities, even though consent for their use was originally granted to the previous operator.

Gaupe is an oil and gas field located close to the boundary with the UK shelf, around 12 kilometres south of Varg. The field, which is in 90 metres of water, has been developed using two subsea wells. The well stream is taken to the Armada facility on the UK shelf. BG received consent to use the seabed facilities and pipelines on 15 February 2012. Production began in March of that year.

Knarr is an oil field in the North Sea, around 50 kilometres north-east of Snorre. The field, which is in 410 metres of water, has been developed using subsea wells and a floating production unit, Petrojarl Knarr FPSO. Oil is loaded from the FPSO into tankers, while the gas is piped to St. Fergus in Scotland. BG received consent to use the production facility and seabed facilities on 3 November 2014. Production from the field began in March 2015.

The PSA has now given Shell consent to use the facilities at Knarr and Gaupe.


Ivory Coast (Cote D'Ivoire) >>  2/27/2024 - The Board of Directors of VAALCO Energy, Inc. notes the recent media speculation in Africa Intelligence and confirms that the Company is in discussion...
United Kingdom >>  2/27/2024 - Orcadian Energy (AIM: ORCA), the North Sea focused oil and gas development company, is pleased to announce its unaudited results for the six months en...

United States >>  2/27/2024 - RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehi...
Canada >>  2/26/2024 - Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has completed an acquisition of fixed and mobile MaxPER...

United Kingdom >>  2/26/2024 - Further to the RNS issued on 23 November 2023, Serica Energy plc (AIM: SQZ) announces the completion of the acquisition by its wholly owned subsidiary...
United Kingdom >>  2/26/2024 - Jersey Oil & Gas plc (AIM: JOG), an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea, is pleased ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.