Insight
Europe upstream week in brief: Sverdrup phase 2 costs cut by 50%
Report summary
This is our NEW Week in Brief – giving you quick, responsive opinion and analysis on all that's going on in European oil and gas, from frontier exploration in the chilly waters of the Arctic, to the sunnier climes of Cyprus and its exciting new gas play. What you need to know • Statoil achieves 50% cost reduction on Johan Sverdrup phase 2 • Has Hurricane Energy discovered the UK’s largest undeveloped oil field? In other news • The latest from the UK and Cypriot licensing rounds • Denmark agrees tax incentive to facilitate investment in Tyra • Three field development plans have been submitted in Norway and Greece • PGNiG and RockRose make acquisitions in Norway and UK • We provide the latest drilling picture, including Statoil’s discovery near Gullfaks
Table of contents
- Key events this week
-
What you need to know
- Statoil continues to optimise Johan Sverdrup
- Hurricane Energy completes Halifax well
-
In other news
- Exploration
- UK 29th licensing round results
- Cyprus approves 3rd Round blocks with Eni, Total, ExxonMobil and Qatar Petroleum
- Statoil's Norway exploration campaign ramps up
- Development
- Tyra turns a corner
- FID submissions for the Njord field and the nearby Bauge discovery
- Greece goes offshore
- M&A
- RockRose stays on track
- PGNIG invest in Storklakken
- Fact of the Week
- Meet our analysts
- Our latest insights, reports and webinars
- Vital statistics
Tables and charts
This report includes 11 images and tables including:
- Offshore proposed wells 2017
- UK 29th licensing round awards by company type
- Wells currently drilling by operator
- UK 29th licensing round
- Phase II incremental analysis
- Project optimisation has reduced the breakeven
- Potential field outline for Halifax & Lancaster
What's included
This report contains:
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