Norway/NCS
News
August 21, 2024
Var’s Balder X project — extending production to 2045 — includes vessel upgrades, as well as new production and water injection wells. It had already suffered from delays associated with the Covid-19 pandemic, bad weather that complicated drilling, as well as inflation driving up the price of services.
News
August 21, 2024
Production from the Norwegian Continental Shelf will peak in 2025, the directorate said in a report published Wednesday. How quickly production falls will depend on whether companies can tap into resources around existing infrastructure using new technologies, as well as in less familiar regions like the Barents Sea in the far country’s far North.
News
August 14, 2024
Germany will scrutinize an application to drill for natural gas at a protected marine site after explorer One-Dyas BV cleared a key hurdle with local authorities.
News
July 11, 2024
Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge started production from the first Lavrans well in the Kristin South area offshore Norway on July 7, 2024.
News
July 09, 2024
Electromagnetic Geoservices ASA has entered into an agreement for a fully pre-funded offshore Ocean Bottom Node (OBN) seismic survey in the Barents Sea. This survey, which will be undertaken in collaboration with Velocitas Geo Solutions, marks EMGS' first venture into seismic node projects.
News
June 30, 2024
This is the second well to be drilled in production license 1170, which was awarded in APA 2021. Gas was also recently proven in the first well in the production license. Preliminary estimates indicate the size of the natural gas discovery at between 3.23 – 4.42 MMboe.
News
June 27, 2024
The Vår Energi-operated Cerisa exploration well in production license PL 636 offshore Norway was successful, with estimated gross recoverable resources of between 18-39 MMboe.
News
SLB secures FEED contract from Equinor for electric subsea project on Fram Sør field offshore Norway
June 27, 2024
The Fram Sør solution will use SLB OneSubsea’s standard subsea tree design, upgraded with a fully electrified power, control and actuation system, while the elimination of high-pressure hydraulic systems will enable operators to go further and deeper, improving production and making even marginal fields more viable.
News
June 25, 2024
The agreement’s scope is to deliver human resources solutions for Repsol’s multi-disciplinary resourcing needs in areas such as drilling and wells, geology and subsurface, HSE, logistics, operations, maintenance, decommissioning, administrative support and cost control.
News
June 25, 2024
This SURF EPCI contract includes a substantial fabrication scope and offshore work over three years, with the first campaign beginning in 2025. Ocean Installer has also secured a separate contract for replacing a 4 km, 10” flexible flowline at the Troll B field in 2025.
News
June 24, 2024
In March 2024, Equinor and DNO delineated the Heisenberg discovery, estimating recoverable volumes of 24 to 56 MMboe. They plan to drill a new well in the second quarter of 2024 to explore the Angel prospect and further delineate Heisenberg.
News
June 24, 2024
The Atlantis field was discovered in 2020. Its total recoverable reserves are estimated at 65 Mmboe, with upside potential. This puts Atlantis among the largest offshore discoveries made on the Norwegian Continental Shelf in the last decade.
News
June 19, 2024
Preliminary evaluation of the offshore gas condensate discovery indicates gross recoverable resources in the range of 16-38 million barrels of oil equivalent (MMboe) with a mean of 25 MMboe, well above predrill estimates. Just over half of the resources were encountered in the Middle Jurassic primary target, and the balance in the Upper Jurassic secondary target.
News
June 04, 2024
Eirin is a gas field located 250 km west of Stavanger. The field will be developed as a subsea facility that will be adapted and prepared as a tie-in point for future discoveries in the area that can be expanded with new wells.
News
May 28, 2024
Spending on oil and gas extraction and pipeline transport will jump by 15% in 2024, compared with the 215 billion kroner spent a year earlier, Statistics Norway said on Tuesday. Spending in 2025 is forecast to be 216 billion kroner, the agency said.
News
May 26, 2024
To accelerate field delivery of the subsea tieback to existing infrastructure, SLB OneSubsea will leverage configurable solutions compliant with NCS2017+ for standardized subsea production systems for application in the Norwegian Continental Shelf (NCS). The objective for Troll Phase 3, Stage 2 is to accelerate production from the reservoir equivalent to about 55 Bcmg.
News
May 16, 2024
Under this arrangement, Equinor will boost its ownership in the Heidrun field and Noatun discovery, while scaling back its stakes in the Tyrihans and Castberg fields, along with the Carmen and Beta discoveries.
News
May 08, 2024
This year, the APA acreage will be expanded by a total of 37 bocks in the Barents Sea and the Norwegian Sea. Three of the additional blocks are in the northwest of the Norwegian Sea and 34 blocks are in the east of the Barents Sea.
News
May 07, 2024
SLB OneSubsea will deliver the subsea production system which will include two subsea trees, a two-slot template, an umbilical, and a control system. Subsea7 will install the subsea production system and design and install the flowline systems, spools, and protection measures, including rock installation.
News
May 06, 2024
The Eldfisk North Project comprises three 6-well subsea templates approximately 7 km from the Eldfisk Complex. The total resource potential is in the range of 50-90 MMboe, while total capital expenditure is estimated at almost $1.24 billion.
News
May 06, 2024
Optime Subsea's second-generation ROCS has gradually become the new industry standard for well completion operations. Because it has eliminated the need for the umbilical, which traditionally connects the surface to the seabed for controlling the tubing hanger in subsea well completions, and the associated topside hydraulic control unit.
