More than 50 % of the oil in existing fields on the Norwegian Continental Shelf (NCS) cannot be produced with current methods, either because the oil is immobile or because the chosen injection strategies lead to insufficient sweep efficiency.
Norway is sitting on 10 billion barrels in discovered but untapped oil and gas reserves representing a £64billion prize - but “significant challenges” must be overcome in order to maximise the value of these projects, a new report has found.
Martin Landrø, the man behind developing 4D seismic, was given the Norwegian Petroleum Directorate's (NPD) IOR award for his contribution to the industry.
A new oil junior, Origo Exploration, has been launched in Stavanger to target opportunities in the Norwegian and UK sectors of the North West Europe Continental Shelf.
Statoil is gearing up to tackle Norway's deepest development by more than 50%.
In the face of depleting fields and increased energy demand, operators and suppliers depending on the Norwegian Continental Shelf (NCS) need to seriously address chronic concerns or face riding the decline curve for the foreseeable future, according to industry leaders.
Energy firm GE has unveiled its new Technology Solutions Centre (TSC) in Stevanger in an official ceremony attended by the city's mayor, Christine Sagen Helgø.
Energy service firm ATR Group is set to release its new compressor technology into the Norwegian market following a £7million investment in its rental fleet.
Marine energy developer Atlantis has scooped a £7.5million contract with the UK Energy Technologies Institute (ETI) to expand its tidal stream project in Scotland.
Independence supporters have welcomed claims by an Aberdeen University oil expert that the North Sea could be poised for a second major boom.
Norway is open to OAO Rosneft deepening its involvement in the Nordic country as western Europe’s largest oil and natural gas producer seeks to counter a slowdown in investments and output.
Two pilots have been suspended and an investigation launched after a North Sea helicopter landed on the wrong oil rig.
Trade body Energy North is to host a match-making event in Aberdeen next week in a move to fill skills and supply chain gaps by facilitating partnerships between businesses in the Highlands and Islands and north east.
DNV GL has launched the first standardised certification process for subsea equipment and components.
International SOS has capitalised on the acquisition front in Norway.
Norway presents a unique opportunity to the independent explorer due to its very favourable tax credit system, to help with exploration costs, and the sheer scale of the under-explored continental shelf.
Applus RTD unveiled plans to grow its Norwegian workforce to a team of 400 by 2017.
Lundin Norway's managing director wants you to know only two things about his company.
80:20 Procurement Services confirmed plans to strengthen staff numbers.
"Beyond the borders of limitations you'll find changes."
Scottish software firm Asset Guardian Solutions (AGSL) has won a contract with BP to support the British major's Clair Ridge project in the North Sea.
AGR has landed a string of contracts worth $1million.
Crucial issues affecting the North Sea will be examined at this year's ONS.
NOV Elmar has left Stavanger to accommodate growing staff numbers.
ACE Winches has launched its latest technology - Reel Drive Systems (RDS) - at this year’s ONS.