Norway/NCS
News
January 19, 2024
The Norwegian authorities are offering Aker BP ownership interest in 27 exploration licenses on the Norwegian Continental Shelf in the APA 2023 licensing round. For 17 of the licenses, Aker BP is also granted operatorship.
News
January 18, 2024
The awards include eight production licenses in the North Sea, 13 in the Norwegian Sea, and eight in the Barents Sea. Equinor is the operator of 14 of the awarded licenses, and a partner in 25.
News
January 17, 2024
Three license awards are in the North Sea (one as operator) and 10 in the Norwegian Sea (four as operator). Nine of the awards are new licenses, and four are area extensions to existing licenses.
News
January 16, 2024
Equinor ASA was awarded 39 licenses, while Aker BP ASA received 27 and Var Energi ASA 16. Wintershall Dea was awarded 13 licenses and Poland’s PGNiG Upstream Norway AS 10.
News
January 11, 2024
Between 40 and 50 wells are expected to be completed, up from 34 last year, the Norwegian Offshore Directorate said Thursday. More than half of the 23 wildcat wells undertaken last year found hydrocarbons, it said.
Article
December 2023
The UKCS has a substantial number of unused pipelines and reservoirs, but the investment costs remain high. Activity in this area should increase over the medium and longer terms.
News
December 20, 2023
Wood has been awarded a contract by Dragados Offshore to deliver engineering design and provide regulatory support for the development of three 2GW converter stations that will transfer offshore wind power to Germany's power grid.
News
December 15, 2023
Odfjell Drilling Ltd. has announced an extension of the firm contract with Aker BP for the Deepsea Nordkapp.
News
December 14, 2023
Linnorm is estimated to contain around 25-30 Bcm of recoverable gas resources. As a comparison, this is more gas than remaining reserves in each of the producing fields Aasta Hansteen, Martin Linge, and Gina Krog.
News
December 13, 2023
The updated recoverable resource estimate for the oil discovery in the Garn, Ile and Tilje formations is between 44 and 75 MMboe, while estimates for the underlying Åre Formation discovery are between 6 and 25 MMboe.
News
December 12, 2023
Located 23 km north of the Gjøa platform, Ofelia Agat and Kyrre will be considered for development as tie-backs to Gjøa.
News
December 05, 2023
About 65% of the overall natural gas resources on the Norwegian Continental Shelf have not yet been produced. Some of the remaining gas resources face a variety of challenges that could complicate production.
News
December 01, 2023
Tommeliten A is a development with two subsea templates in the North Sea tied back to the Ekofisk Complex. The total resource potential is estimated in the range of 120-180 MMboe, mainly comprising of natural gas (approx. 70%) and condensate (approx. 30%).
News
November 24, 2023
A new report shows that deliveries to exploration, operation and modification of Equinor-operated oil and gas fields and onshore plants in Norway exceeded $8.69 billion in 2022, an increase of approximately 13% from the previous year. Over 90% went to Norwegian suppliers.
News
November 20, 2023
Orlen SA agreed to purchase oil and gas producing assets on the Norwegian continental shelf from Kuwait Foreign Petroleum Exploration Co. for $445 million to diversify shipments of natural gas to the eastern European country.
News
November 08, 2023
Munin, which is situated in the northern part of Yggdrasil, is an unmanned gas production platform. This installation is the first of its kind on the Norwegian Continental Shelf.
News
November 06, 2023
The recoverable volumes are estimated to be between 5 and 16 MMboe. The well was drilled by the Noble Lloyd Noble rig.
News
November 01, 2023
By delivering real-time information on reservoir behavior, TGS empowers energy stakeholders to make informed decisions, optimize resource utilization and promote sustainable energy practices.
News
October 26, 2023
With KEG in production, CO2 emissions per bbl will be significantly reduced and oil production from the Alvheim FPSO substantially increased.
News
October 20, 2023
Tied back to the Grane platform, the subsea field holds almost 200 MMbbl of recoverable oil.
News
October 16, 2023
Norway’s Petroleum Directorate will become the Norwegian Offshore Directorate from the start of next year, while the Petroleum Safety Authority Norway is due to become the Norwegian Ocean Industry Authority.
