Arctic
News
March 17, 2016
A revised production schedule for Gazprom Neft’s Prirazlomnoye field has seen the field’s peak production period increased from three years to five.
News
March 13, 2016
Eni has started production at Goliat field, 85 km northwest of Hammerfest, Norway. The field lies within Production License 229, in an ice-free area in the Barents Sea.
News
December 01, 2015
Proposed changes to federal rules regulating oil and natural gas activity on the Outer Continental Shelf and in the Arctic are necessary to create a predictable regulatory framework that supports safe exploration and American leadership in the Arctic, U.S. Sen. Lisa Murkowski (R – Alaska) said Tuesday.
News
December 01, 2015
The millionth tonne of oil has been produced at Prirazlomnoye field, Gazprom Neft, the field’s operator, said. Part of a consignment dispatched on the Mikhail Ulyanov tanker, it will be delivered to customers in North West Europe in early December.
News
November 17, 2015
The leases in the Chukchi Sea are no longer considered competitive within Statoil’s global portfolio, so the decision has been made to exit the leases and close the office in Anchorage, Alaska.
News
October 28, 2015
Royal Dutch Shell Plc made its second major strategic change in as many months, saying it will take a $2 billion charge as it shelves an oil-sands project in Alberta after walking away from an Arctic drilling program.
News
October 16, 2015
In light of current market conditions and low industry interest, the U.S. Department of the Interior announced Friday that it will cancel the two potential Arctic offshore lease sales scheduled under the current five-year offshore oil and gas leasing program for 2012-2017.
News
October 12, 2015
North Energy has signed a sale and purchase agreement with Pure E&P Norway, whereby North Energy sells its 10% interest in PL 708 to Pure.
News
October 07, 2015
A re-injection well has been brought into operation on the Prirazlomnaya ice-resistant offshore platform, following drilling operations by Russia’s Gazprom Burenie, Gazprom Neft announced Tuesday.
News
October 01, 2015
Lundin Norway, a subsidiary of Lundin Petroleum has successfully completed the drilling of appraisal wells 7220/11-3 and 7220/11-3 A on the eastern flank of the Alta discovery in PL609.
News
September 29, 2015
HOUSTON (Bloomberg) -- Alaska, once the workhorse of the U.S. oil industry, is being put out to pasture.
News
September 29, 2015
The inglorious end to Royal Dutch Shell Plc’s $7 billion search for oil in Alaska means billions of barrels of crude will probably remain locked away in Arctic waters from the U.S. to Russia -- at least as long as prices remain near $50/bbl.
News
September 14, 2015
An engineering, procurement and construction contract for the Johan Sverdrup gooseneck spool and retrofit hot-tap tee has been awarded to IKM Ocean Design by Statoil on behalf of pipeline operator Gassco.
News
August 21, 2015
Gazprom Neft has brought its second well into production at Prirazlomnoye field, with output totaling 1,800 tonnes per day.
News
August 18, 2015
Royal Dutch Shell won permission to fully drill a well for oil in the Arctic waters off Alaska for the first time in three years.
News
August 06, 2015
Many native Alaskans depend on the oil business—many work directly for the industry—and welcome Shell's exploration.
News
July 28, 2015
Statoil, Norway’s biggest oil and gas producer, said adjusted earnings after tax fell 27% in the second-quarter following a plunge in crude prices.
News
July 06, 2015
Statoil has awarded Baker Hughes Norway the onshore contract for integrated drilling services for Johan Sverdrup.
News
July 02, 2015
Electromagnetic Geoservices (EMGS) has entered into two new data licensing agreements for the provision of 3D EM data from EMGS' multi-client data library in the Barents Sea.
News
June 17, 2015
U.S. Sen. Lisa Murkowski, R-Alaska, has questioned President Obama’s nominees for the Department of Energy (DOE) on the department’s plans to increase American energy exports and expand opportunities for energy production in the Arctic.
News
June 17, 2015
Royal Dutch Shell has received U.S. permission to disturb marine mammals as part of its plan to resume oil exploration off Alaska’s Arctic coast as it neared final sign-off from regulators to drill this summer.
