Norway/NCS
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.
News
October 03, 2023
Preliminary estimates of recoverable volume are in the range of 2.5-6.2 MMcm, or 16-39 MMboe. The new well aims to appraise and fully evaluate the natural gas discovery in the Ofelia Agat formation
News
September 29, 2023
Baker Hughes announced two awards from Vår Energi that expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.
News
September 20, 2023
Johan Castberg is a subsea field with 30 wells distributed on 10 templates and two satellites tied back to a floating production, storage and offloading vessel (FPSO).
News
September 19, 2023
Preliminary evaluation of the discovery indicates gross recoverable resources in the range of 25-130 MMboe on a P90-P10 basis, with a mean of 70 MMboe, in a Jurassic reservoir zone with high quality sandstones.
News
September 15, 2023
Recoverable reserves in the field are estimated at 27.6 MMboe, most of which is natural gas. The Eirin field, which was discovered in 1978, will be developed as a subsea facility tied to the Gina Krog platform in the North Sea.
News
September 14, 2023
In this special interview, the firm’s Head of Energy Industries, Northern Europe, PA Division, Per-Erik Holsten, discusses two oil and gas projects that ABB has a major role in, as well as efforts in the transition/renewables space.
News
September 08, 2023
DNO ASA announced that Christopher Spencer has been appointed Managing Director of the company as Bjørn Dale steps down, as part of a planned management transition initiated last year.
News
September 01, 2023
By extending the existing Maria field, the installation of a new subsea template supports the broader Wintershall Dea strategy of using nearby area infrastructure to produce new volumes in Norway.
News
August 29, 2023
Aker BP is using the company’s alliance model in the implementation phase, including the Subsea Alliance with Aker Solutions and Subsea 7, and the Modification Alliance with Aker Solutions.
News
August 25, 2023
With this project, Equinor and its partners expect to increase production by 26 MMboe from the area.
Article
August 2023
Norway's offshore: Moving on
News
August 23, 2023
DeepOcean’s contract scope includes engineering, transportation and installation of the gas export riser, subsea tie-ins and pre-commissioning support.
News
August 23, 2023
The field helps underpin Norway’s position as Europe’s largest gas supplier: On plateau, Dvalin is planned to produce enough energy to heat more than 2 million homes. The additional volumes come as Europe continues to search for predictable long-term supplies of natural gas.
News
August 22, 2023
Statfjord C will change its power solution to cut emissions. A new steam turbine will produce electricity based on surplus heat from two gas compressors. This will make energy consumption more efficient and cut 25% of total annual CO2 emissions on Statfjord C, equivalent to 50,000 cars.
News
August 09, 2023
DNO ASA announced that a fast-track development concept has been agreed for its 2016 Brasse oil and gas discovery in license PL740 offshore Norway, paving the way for detailed design studies to link up with the Brage field.
News
July 10, 2023
Preliminary evaluation of comprehensive data, including cores and fluid samples, acquired from the discovery well and a follow-on extended sidetrack indicates gross recoverable resources in the range of 120-230 MMboe on a P90-P10 basis.
News
July 07, 2023
Johan Sverdrup, the single largest crude stream in the North Sea, is a relatively dense and sulfur-rich type of oil —- properties that normally mean it trades below Dated. However, Saudi Arabia hiked the premiums it charges for its own barrels — which are similar to the Norwegian grade, triggering the price surge, the traders said.
News
July 05, 2023
Transocean Ltd. announced that six one-well options have been exercised for the Transocean Encourage in Norway.
News
June 28, 2023
The projects, which include Aker BP ASA’s Yggdrasil and Valhall PWP og Fenris in the North Sea, as well as Equinor ASA’s Irpa in the Norwegian Sea, cover 19 new developments, build-outs of existing fields and increased oil-recovery projects, the ministry said in a statement on Wednesday.
News
June 09, 2023
The updated estimate of the discovery size is 53-90 MMboe, which is twice as large as the original pre-drill estimate and slightly larger than the preliminary estimates announced on May 25.