There are several hubs around the North Sea which will still be producing in a decade’s time – but 12 of these will be “key” thanks to their production upsides and emissions intensity, according to new research.
Equinor is to sell its non-operated share in the Greater Ekofisk Area to Sval Energi, alongside a minority share in the Martin Linge field, as part of a $1 billion deal.
Longboat Energy has announced deal to farm-in to two gas-weighted exploration prospects on the Norwegian Continental Shelf led by OMV Norge.
Equinor is extending contracts with oilfield services giants Baker Hughes, Halliburton and Schlumberger for integrated drilling and well services on the Norwegian continental shelf (NCS).
Norwegian energy giant Equinor has reached an agreement to transfer the operatorship of the Krafla field to AkerBP.
Offshore contractor Maersk Drilling has secured a deal with Aker BP, on behalf of the Ivar Aasen license.
Norwegian E&P Vår Energi (VAR:NO) has reported pre-tax profits of $1.65 billion for Q1 2022, in its first quarterly results posting since its February 2022 listing.
Activists from Greenpeace Nordic blocked a tanker moored in Norway, with the intention of preventing it from offloading Russian oil products at an Esso-owned terminal.
Buoyed by a string of commercial discoveries, Longboat Energy is considering its next moves as it awaits the drilling of the final two of a seven-well campaign off Norway.
Longboat Energy has confirmed oil has been uncovered at the hotly tipped Kveikje exploration well, operated by Norwegian energy giant Equinor (OSLO: EQNR).
As of 25 March, Westwood Global Energy reports that there is one appraisal well and four exploration wells active. Three exploration wells are in the Northern North Sea and one in the Norwegian Sea. The appraisal well is in the Norwegian Sea. One exploration well programme has completed since the last report, with the Statfjord Kile well P&A dry. A total of four exploration wells have completed to date in 2022 and none have been successful.
With oil consistently above the $100/barrel threshold, demand for rigs is set to continue its ramp up, with the North and Barents Seas marked as hotspots, according to data from rig analysts Esgian.
Kjetil Gjersdal will oversee the drilling contractor as its chief executive, following the spin-off of some services into a new technology-focused division.
Leading technology firm ABB has been picked to provide power from shore equipment to a North Sea oil and gas field.
Workers in Norway’s offshore fabrication and engineering sectors may strike this week, unless a new deal over wages and conditions can be reached.
Norway is to up its production of gas in an effort to help Europe wean itself off supplies from Russia.
Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway with its Scarabeo 8 unit.
The Norwegian energy ministry has granted Equinor permissions for an additional 2.4 billion cubic metres of production from key gas fields, as it looks to maintain higher exports to Europe through the summer.
The fifth and final platform has been fitted at the Johan Sverdrup field in the Norwegian North Sea.
Equinor has spudded the Kveikje well in the Norwegian North Sea, following a raft of promising nearby discoveries in recent months.
Subsea 7 has been picked to carry out a front-end engineering and design (FEED) study for an oil and gas project offshore Norway.
Moscow-headquartered Lukoil (LON: LKOH) has terminated its membership of industry trade body Norwegian Oil and Gas.
Norwegian energy giant Equinor (OSLO: EQNR) has made a host of changes to its top brass after a senior figure announced his intention to retire.
Following a string of delays, Sembcorp Marine has completed construction of the hull and living quarters for the Johan Castberg unit, which has now begun dry transport from Singapore to Norway.
Equinor (OSLO: EQNR) is exercising options worth £663 million to extend drilling contracts with Archer, KCA Deutag and Odfjell Drilling.