Norway/NCS
News
August 26, 2018
Back in 2015, Royal Dutch Shell Plc and BP Plc cast doubt over the future of aging oil fields offshore Norway.
News
August 24, 2018
Norway’s $1-trillion sovereign wealth fund is meeting resistance on its plan to dump more than $40 billion in oil and gas stocks.
News
August 23, 2018
Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff. That turned out to be perfect timing.
News
August 22, 2018
Norway is moving closer to deciding whether its $1 trillion wealth fund will dump all its oil and gas stocks.
News
August 19, 2018
Backing down on drilling off Norway’s Lofoten islands could also threaten the search for 16 Bbbl of oil and gas that lies beneath the Barents Sea, the country’s energy minister said.
News
August 16, 2018
Equinor Energy AS, operator of production license (PL) 025, has concluded the drilling of appraisal well 15/3-11 on the 15/3-4 (Sigrun) oil and gas discovery.
News
August 15, 2018
Norway has a huge potential to be a pioneer in Artificial Intelligence (AI), but it needs resources and collaboration in order not to lag behind. To strengthen national efforts on artificial intelligence, Telenor, NTNU and SINTEF are inviting Norwegian businesses to partner on the new Norwegian Open AI Lab.
News
August 15, 2018
Spirit Energy Norge AS, operator of production license 852, has concluded the drilling of wildcat well 7322/7-1. The well is dry.
News
August 14, 2018
Norwegian Prime Minister Erna Solberg is ready to start reining in oil spending after the government began putting money back into the sovereign wealth fund again.
News
August 10, 2018
Fugro has been awarded a hydrographic survey contract, valued at NOK 44.7 million (approximately €4.7 million), by the Norwegian Hydrographic Service. The survey is part of the Mareano seabed mapping program, which is financed by Norway’s Ministry of Trade, Industry and Fisheries, and the Ministry of Climate and Environment.
News
August 10, 2018
Aker Solutions has, in collaboration with Kvaerner, secured additional hook-up and commissioning work for Equinor's Johan Sverdrup field, offshore Norway.
News
August 01, 2018
Aker BP has entered into an agreement with Total E&P Norge to acquire its interests in a portfolio of 11 licenses on the Norwegian Continental Shelf for a cash consideration of $205 million.
News
July 18, 2018
Rosenberg WorleyParson AS has awarded PG Flow Solutions subsidiary Calder Ltd. a contract to supply a MEG pump package to the Nova tie-back to Gjøa project.
News
July 16, 2018
Norwegian drilling workers escalated a strike early Monday, with the impact on the country’s oil production expected to remain limited to one North Sea field in the short term.
News
July 09, 2018
A/S Norske Shell, operator of production license 373S, has completed the drilling of wildcat well 34/5-2 S. The well is dry.
News
July 09, 2018
The Troll oil and gas field is the most prolific field on the Norwegian continental shelf (NCS), with more than half of its reserves still remaining after over 20 years of production.
News
July 06, 2018
Prosafe has signed a contract with Aker BP ASA for the Safe Scandinavia to provide accommodation support at the Ula platform in the Norwegian sector of the North Sea.
News
July 05, 2018
The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) for the Snorre Expansion Project.
News
July 05, 2018
Spirit Energy Norge AS, operator of production licence 433, has completed the drilling of appraisal wells 6506/9-4 S and 6506/9-4 A on gas and condensate discovery 6506/9-2 S (Fogelberg).
News
July 05, 2018
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the PDO development drilling program at its operated Edvard Grieg field on the Utsira High, in the Norwegian North Sea. A significant reserves upgrade and extension of the production plateau have been made since the PDO, with additional resource potential identified in the area.
