Two companies have been offered exploration permits for CO2 storage acreage in the Norwegian sector of the North Sea.
Sval Energi has closed its acquisition of interests in the Martin Linge and Greater Ekofisk Area from Equinor and the acquisition of Suncor Energy Norge.
Norway has sought to flex its military muscle around key oil and gas installations in the face of rising security tensions across the North Sea.
Equinor (OSLO: EQNR) (NYSE: EQNR) has announced the appointment of a new chief financial officer (CFO) and executive vice president.
Longboat Energy (LON: LBE) has struck a deal to secure a rig, opening the door for the spudding of a North Sea exploration well.
Odfjell Drilling has announced a series of bookings for its Deepsea Yantai rig, as OMV and Shell look to secure the unit for drilling and well decommissioning work in the North Sea.
Longboat Energy (LON: LBE) has announced that the Copernicus exploration well offshore Norway has been plugged and abandoned after coming up dry.
Aberdeen-headquartered Tendeka has extended its decade long relationship with North Sea operator Equinor.
Operator ConocoPhillips (NYSE: COP) Skandinavia has concluded the spudding of a wildcat well in the Norwegian North Sea.
Lene Thorstensen has been appointed to head up AGR’s wellsite and operations geology business in the Norwegian Continental Shelf, following the retirement of her predecessor.
As of 24 August, Westwood Global Energy reports that there are five exploration wells active, four in the Northern North Sea and one in the Norwegian Sea. Since the previous report, two exploration well programmes have completed, with one of the wells successful.
North Sea oil firm Longboat Energy (LON: LBE) has kicked off drilling operations offshore Norway.
Aker BP (OSLO:AKRBP) has outlined plans to invest NOK 150 billion ($15.3bn) in Norwegian development projects over the next six years.
Aker BP (OSLO:AKRBP) found a dry hole during drilling on a second wildcat prospect at the Skarv field, according to reports from the Norwegian Petroleum Directorate (NPD).
Equinor is reportedly considering a partial sale of its stake in Norway’s Statfjord field, along with minority holdings in several other satellite fields.
Odfjell Drilling’s Deepsea Stavanger has been awarded a firm, five-year contract with Aker BP (OSLO:AKRBP) for work beginning in early 2025.
Norway’s $1.3 trillion sovereign wealth fund posted its biggest loss on record as rate hikes, surging inflation and Russia’s invasion of Ukraine spurred volatility.
Vår Energi has agreed a series of deals to increase its acreage in the Balder area, with a view to taking over operatorship of the licences.
Aker BP (OSLO:AKRBP) has made a discovery during wildcat drilling near the Skarv field in the northern Norwegian Sea.
Subsea 7 (SUBC.OL) and Aker Solutions (AKSO.OL) have clinched subsea and engineering contracts for Aker BP’s Trell and Trine development, plans for which the operator submitted to regulators earlier this week.
Aker BP has submitted plans for its Trell and Trine development with Norwegian regulators, with a view to boosting reserves at the wider Alvheim area above 750 million barrels.
Sval Energi has signed an agreement to acquire Suncor Energy’s Norwegian business, as the Canadian group looks also to sell off its UK assets amid a pull back from the North Sea.
As the European Union and the UK both scramble to replace Russian fossil fuel supplies, gas in particular, Norway has signalled its intention to step up as the partner of choice.
OMV Norge has spudded its Oswig exploration well, a 90-million barrel play opener billed as one of the larger gas prospects tested in Norway this year.