Wintershall Dea farms out Shrek licenses off Norway

first_imgWintershall Dea has farmed out its 30% stake in the Shrek licenses (PL838/838B) in the Norwegian Sea to Lime Petroleum.Wintershall Dea said on Tuesday that the licenses, located near the Skarv field in the Norwegian Sea, come from DEA Norge’s legacy portfolio, and the divestment is part of an ongoing asset management process for the merged Wintershall Dea company.“Having started to operate as one company, the farm down in Shrek is part of a global portfolio and budget optimization that helps to reduce our high level of exploration expenditure in 2019,” said Roy Davies, Head of Exploration in Norway.In the event of a commercial discovery in the Shrek well – due to be drilled later this year – the development solution will be a tie-back to the Skarv field where Wintershall Dea is the second largest owner. In this way, the company will still benefit from a discovery in Shrek even after exiting the license.Wintershall Dea added it expects to participate in a further five exploration wells in Norway before the end of 2019.Polish oil company PGNiG is the operator of the license with a 40% share and Aker BP is another partner with a 30% interest.PGNiG plans to start drilling the Shrek well between September 1 and November 30, 2019, following the completion of the drilling of the production wells at Aker BP-operated Skogul and Ærfugl fields. The well will be drilled using the Odfjell Deepsea-owned Nordkapp semi-submersible drilling rig.last_img read more

Ronaldo Scores 99th International Goal as Portugal Qualify for Euro 2020

first_imgHazard scores brace in Belgium’s 4-1 demolition of RussiaCristiano Ronaldo was made to wait for his 100th international goal as defending champions Portugal edged past Luxembourg 2-0 to qualify for Euro 2020.Fernando Santos’ 2016 winners required victory to confirm second spot in Group B and finish three points clear of Serbia, who drew 2-2 against Ukraine.Ronaldo tapped in his 99th goal to seal victory with four minutes remaining. Bernardo Silva’s ball over the top had allowed Bruno Fernandes to fire the visitors ahead after 39 minutes.Ronaldo must wait until the next international break in March for the chance to become just the second male player to reach 100 goals for his nation.He is now just 10 behind Iran legend Ali Daei’s world-record tally of 109, after ensuring his most prolific calendar year for Portugal with 14 goals.The Juventus forward struck his ninth international hat-trick on Thursday against Lithuania to set up the opportunity to hit a century on Sunday.However, Portugal – and Ronaldo – were left largely frustrated by an organised Luxembourg side on a difficult playing surface, with Fernandes’ control and finish before half-time a brief spark of quality in a tight game.Earlier on Saturday, Eden Hazard scored twice as Belgium continued their perfect record in Euro 2020 qualifying with a thumping win over Russia.The Red Devils, who had already qualified, were three goals up by half-time through Eden Hazard’s double and a strike by his brother Thorgan.Romelu Lukaku then added a fourth before Georgi Dzhikiya netted a late consolation for the hosts.Belgium will play their final Group I qualifier at home to Cyprus on Tuesday.Russia, who had also already booked their place at the finals, were blown away in the first half following a scintillating attacking display from Roberto Martinez’s side.The away side took the lead midway through the first half when Thorgan Hazard picked up his brother’s pass, cut inside and fired into the top corner.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Betis concerned by impact of Barcelona potentially leaving La Liga

first_imgBarcelona’s hypothetical expulsion from Spanish football in the event of Catalonia breaking away from Spain would leave a huge hole in La Liga, Real Betis’s general manager said on Wednesday, and negatively impact on clubs such as his own.La Liga president Javier Tebas, a former member of a far right group and strong opponent of Catalan independence, has repeatedly threatened to banish 24-times champions Barcelona and all other teams in the region if Catalonia were to secede.In the latest sign of the Catalan independence drive impacting sport, Tebas has delayed negotiations to renew the league’s international television rights deal due to unrest in the wake of Catalonia’s disputed Oct. 1 independence vote.Betis general manager Ramon Alarcon said kicking out Barcelona would have huge ramifications on Spanish football and negatively affect clubs like his.”The unease that Catalan society could break from Spain affects every sector, including football, and the departure of Catalan teams would be a real shame because they are clubs with a lot of tradition,” Alarcon told Reuters in Madrid.In addition to Barcelona, Catalonia is home to two other La Liga clubs: Girona and Espanyol, as well as a host of clubs in lower leagues.”La Liga is not just Real Madrid and Barcelona. But if Barcelona left the other teams would have to work a lot harder to fill that gap if La Liga were to remain the best in the world.”Barcelona, which is owned by more than 140,000 club “members”, says it respects their diversity of opinion by not taking a position for or against independence, but supports the right of the people of Catalonia to decide their own future.advertisementReuters Photo On Oct. 1, the day of the banned referendum, the team played its match with Las Palmas at the Nou Camp behind closed doors, which club president Josep Maria Bartomeu said was to show opposition to police violence against voters.After the referendum, the club said in a statement it would not speculate on the future, but was “not planning for any other scenario than playing in the Spanish league. The club is competing in this competition and wants to win it.”Tebas has said Barcelona’s hypothetical departure would see the value of La Liga’s television rights drop by 20 percent.Alarcon has no doubt losing Barcelona would seriously damage the league’s brand and hurt other Spanish teams such as Betis.”Having a global brand like La Liga logically helps us, and obviously the success of Real Madrid and Barcelona helps the brand of Spain and La Liga,” he said.”PAINFUL SITUATION”Betis, Liga champions in 1935, are one of the best supported clubs in Spain, with 50,000 season ticket holders. They are ranked fourth, behind Barcelona, Real Madrid and Atletico Madrid in social media engagement.The Seville club are ninth in the standings after making their best start to a season since returning to the top flight in 2015 and beat champions Real 1-0 at the Santiago Bernabeu in September.Alarcon called Betis “a sleeping giant” and hopes they can harness their huge fan base to become one of the top teams in Spain again, but is wary of the impact the current political uncertainty in the country could have on his club.”Tebas has said that [Barcelona staying in the league if independence were declared] wouldn’t be legal, so logically it couldn’t happen. But sincerely I think Barcelona will stay in the Spanish league and we’ll come to an understanding over this situation, which is very painful for everyone.”last_img read more