ACHIEVEMENTS

We’re proud of our achievements. They prove that team work, drive and ambition can have a huge impact on the success of a business.

Production

  • increased production by 30% on 2010
  • first production from Matr-1XST well in North Zeit Bay, Egypt
  • first production from Van Ghent, an innovative tri-lateral well in the Dutch sector.

 

Partnerships

  • developed partnership with the Korea National Oil Corporation (KNOC)
  • joint venture with Egyptian General Petroleum Corporation approved.

 

Performance

  • increased revenue by 50% on 2010
  • drilled 35 wells, including 12 exploration wells
  • 10 years zero Lost Time Incidents on the Hanze platform in the Dutch sector
  • five new licenses awarded in Norway
  • four onshore discoveries and three development lease awards in Egypt.

 

Projects

  • Western Isles – field development plan and environmental statement submitted to the Department of Energy and Climate Change (DECC)
  • Arran – environmental statement approved by DECC
  • Tolmount – significant gas discovery made in the Southern North Sea.

Top