Kistos

Production offline at Edradour west of Shetland

May 13, 2024

Production from the single well on the Edradour gas field west of Shetland is suspended due to facilities constraints in the Greater Laggan Area relating to MEG management.

Field Development

GLA partners west of Shetland consider Edradour West gas tie-in

Sept. 28, 2023

Kistos Energy provides offshore project updates in its latest results statement.

North Sea & Europe

Kistos overturns Dutch government decision on North Sea gas license

July 21, 2023

Kistos has won its appeal against the Netherlands Ministry of Economic Affairs’ decision not to extend the term of the company’s M10/M11 license in the North Sea.

According to Mime Petroleum's August 2022 investor update, the company's sanctioned activities include 25 new production wells to come onstream from 2021 to 2025, which includes ongoing drilling from the Ringhorne platform (pictured).

Company News

Kistos confirms production status offshore Norway

May 23, 2023

Kistos has completed its acquisition of Norwegian E&P independent Mime Petroleum, securing entry to the Norwegian Continental Shelf.

The Balder X project aims to extend production to 2045 and consists of four ongoing projects: Balder FPU (pictured) life extension – vessel upgrade, drilling new wells on Ringhorne III/IV and Balder Future including Jotun FPSO lifetime extension, and drilling 14 new production wells and one water injection well.

Company News

Kistos bid accepted for Norwegian E&P independent

April 19, 2023

Kistos Energy has a conditional agreement to acquire Mime Petroleum AS.

Company News

Serica responds to Kistos merger offer

July 13, 2022

Serica rejected the Kistos offer on the basis that the board believed it significantly undervalued Serica and its prospects and was not in the best interests of shareholders or...