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Maersk Oil pulls the plug on Tvillingen

Oslo: The partners in  Tvillingen with production license PL510 have decided to abandon exploration, after difficulties in the drilling process, said Oslo-listed  North Energy in a statement.

North Energy said the licence partners  would now evaluate new options, including a potential redrill of the Tvillingen South prospect.

North Energy said: “The license partners will carefully evaluate further opportunities for the licence work program , including a possible new well in the Gemini South prospect .”

Partners in the license are Maersk Oil Norway  (operator with a 50% stake ) , Edison Norway (30%) and North Energy (20%).

Tvillingen is on the Haltenbanken in the Norwegian Sea.

 

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Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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