Northwest Europe upstream week in focus: 04 May 2016 Report

Insight 04 May 2016

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Report summary

The Week in focus has been published for over 30 years and covers all exploration and appraisal drilling activity throughout Northwest Europe. The report also provides comprehensive coverage of deals and licensing activity, detailing all farm-ins/outs, asset sales/swaps, corporate acquisitions and licence awards. A well tracker and offshore rig finder are available for download. This weeks edition covers: Statoil increasing its stake in Lundin Petroleum (International), completion of the Premier-E.ON deal (UK) and completion of the M7-10 and 16/1-26 A appraisal wells (Netherlands and Norway).

Deals
- United Kingdom
  - Premier completes purchase of E.ON's UK North Sea portfolio
    - Assets
    - Rationale
    - International
      - Statoil increases its ownership in Lundin Petroleum in exchange for its share in Edvard Grieg
        
        Assets
        
        Rationale
        
        Wells
        
        2016 Offshore well starts 1 January to 04 May
        
        Norway
        
        Det Norske completes sidetrack appraisal well on Ivar Aasen
        
        Netherlands
        
        ONE completes M/7-10 appraisal well