Northwest Europe upstream week in focus: 08 June 2016 Report

Insight 08 June 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 is available for download. This weeks edition covers two UK deals; Atlantic offloading it's stake in Orlando and Statoil increasing it's position in Utgard UK. Furthermore, we detail exploration activity around the Krafla Area, and the second phase of awards in the 2015 Atlantic Margin licensing round.

Licensing
- Ireland
  - 2015 Atlantic Margin licensing round second phase awards
    - Rationale
    - Deals
      - United Kingdom
        
        Atlantic offloads Orlando
      - Norway
        
        Statoil secures full Utgard UK equity
        
        Wells
        
        2016 Offshore well starts 1 January to 8 June
        
        Norway
        
        Statoil to spud Beerenburg sidetrack