Total Sells Valhall, Hod interests to BP

Total has signed an agreement to sell its Valhall and Hod field interests in the Norwegian North Sea to BP.

Apr 27th, 2010

Offshore staff

PARIS -- Total has signed an agreement to sell its Valhall and Hod field interests in the Norwegian North Sea to BP.

Valhall is 285 km (177 mi) offshore Norway in 70 m (230 ft) water depth and produced 8,000 b/d in 2009. Total has 15.72% interest. Hod is 13 km (8 mi) south of Valhall and produced 1,000 boe/d in 2009. Total has 25% interest.

The sale is subject to partners' consent and approval by government authorities.

04/27/2010

More in Production
Websiteimage Sunset
Petrobras acquires Búzios, Itapu in Transfer of Rights round
Brazil’s largest-ever auction of oil licenses – the Transfer of Rights round – saw state-controlled Petrobras take the biggest prizes, the Búzios and Itapu blocks.
Nov 6th, 2019
The Azeri-Chirag-Gunashli oil field development produces through six platforms offshore Azerbaijan.
Chevron selling Azerbaijan interests to MOL
MOL has agreed to acquire Chevron Global Ventures’ and Chevron BTC Pipeline’s E&P and midstream interests in Azerbaijan for $1.57 billion.
Nov 5th, 2019
Websiteimage Sunset
UK records rise in offshore hydrocarbon releases
Oil and Gas UK has called on all parties in the UK’s offshore sector to remain proactive on safety.
Nov 4th, 2019
The jackup Rowan Viking will undertake the infill program and P&A of the four Brynhild field wells for Lundin.
Lundin contracts Rowan Viking for North Sea Grieg, Brynhild wells
Reservoir performance from the Edvard Grieg field in the Norwegian North Sea continues to exceed expectations, according to operator Lundin Norway.
Nov 4th, 2019
Websiteimage Sunset
Trio form Norwegian intervention, stimulation alliance
Aker BP, Schlumberger, and StimWell Services have established a well intervention and stimulation alliance that aims to accelerate and boost oil production.
Nov 1st, 2019
The Alma and Galia fields are tied back to the FPSO EnQuest Producer in the UK central North Sea.
EnQuest lets North Sea brownfield contract
Global Engineering & Construction has secured a contract award and frame agreement from EnQuest.
Oct 31st, 2019
Power from shore to the Utsira High and the Sleipner field center. The purple cable shows power from shore to Johan Sverdrup Phase 1, established in 2018. The yellow power cable shows power from shore to Johan Sverdrup Phase 2 and the Utsira High area solution, from 2022. The orange cable shows power from shore to the Sleipner field center and connected fields from late 2022. Black cable shows existing power cables at Sleipner field center and to the Gudrun installation. Not shown in the illustration are subsea tiebacks that will also benefit from the power from shore solution.
More Utsira High area fields to receive power from shore
The Utsira High area power grid, which is expected to become operational in 2022, will provide power from shore to the Johan Sverdrup, Edvard Grieg, Ivar Aasen, Gina Krog, and Sleipner fields.
Oct 28th, 2019
FiberLine Intervention technology being deployed offshore.
FiberLine Intervention tool improves well analyses offshore Malaysia
Well-SENSE has completed its first offshore projects involving application of the FiberLine Intervention technology.
Oct 28th, 2019
Fpso1025
Analyst predicts start-up for 67 floaters by 2025
South America leads the world for planned and already new FPSOs between 2019 and 2025, according to GlobalData’s Q4 2019 Global FPSO Industry Outlook.
Oct 25th, 2019
Johan Sverdrup began production on Oct. 5, 2019.
Production ramping up at North Sea Sverdrup field
Five wells are currently onstream at the Johan Sverdrup field in the North Sea, which started production on Oct. 5.
Oct 24th, 2019
Rhum is tied back to the Bruce field platform complex in the UK central North Sea.
OFAC extends sanction waiver for North Sea Rhum field
Serica Energy plc has received a renewed license and secondary sanctions assurance on its Rhum gas-condensate field in the UK central North Sea from the US Office of Foreign Assets Control.
Oct 24th, 2019
Low carbon and renewable energy solutions.
Aker Solutions shifting focus to alternative energy, storage
Aker Solutions is looking for renewable and low carbon solutions to provide around half its revenue by 2030.
Oct 23rd, 2019
The Aje field is in OML 113 offshore Nigeria.
PetroNor, YPF seeking to step up production from Aje offshore Nigeria
PetroNor E&P has agreed to acquire Panoro Energy’s Pan-Petroleum Services Holding and Pan-Petroleum Nigeria Holding subsidiaries for up to $35 million.
Oct 22nd, 2019
The Operations Intelligence Platform is designed to provide users with a wide range of up-to-the-minute information.
Digital platform collates data to create ‘single source of truth’
For a gas condensate field development project in the North Sea, Siemens has deployed an Operations Intelligence Platform that integrates data from 21 different IT sources.
Oct 21st, 2019