Gazprom and OMV agree swap deal: Northwest Europe week in focus Report

Insight 15 December 2016

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Report summary

The week in focus covers all exploration and appraisal drilling activity throughout Northwest Europe. The report also provides comprehensive coverage of deals and licensing activity. A well tracker is available for download. This weeks edition covers: OMV and Gazprom have agreed an asset swap, where Gazprom will acquire a share in OMV Norway. In the UK, Atlantic Petroleum took over operatorship of the Orlando and Kells discoveries and Azinor has agreed a farm-in deal with Zennor. Also, Azeire has been awarded several new licencing options in Ireland.

Summary
Deals
- Norway
  - Gazprom and OMV agree potential asset swap
- United Kingdom
  - Atlantic Petroleum takes operatorship of Orlando and Kells
- United Kingdom
  - Azinor Catalyst acquires interest in P2243
- Ireland
  - Azeire lands Irish offshore licences
  - Wells
    - 2016 Offshore well starts 01 January to 15 December