Norway/NCS
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.
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.
