Norway facing rig supply deficit as units continue exit from North Sea
Norway is facing up to the challenges of working with a “significantly” smaller drilling fleet as rigs continue their flight from the North Sea.
Norway is facing up to the challenges of working with a “significantly” smaller drilling fleet as rigs continue their flight from the North Sea.
Green energy is now flowing from the Hywind Tampen floating offshore wind farm to a second oil and gas field.
North Sea operator Neptune Energy has dished out a contract worth more than $100 million for drilling services offshore Norway.
Njord’s platform and the floating storage and offloading vessel (FSO) both underwent extensive upgrades that will more than double production at the field.
Norwegian energy giant Equinor (OSLO: EQNR) has tied down two Odfjell Drilling rigs for further well campaigns.
Norway’s biggest oil and gas companies are reviving exploration plans in Arctic waters, as the government agitates for fresh discoveries in the Barents Sea to secure the country’s future as a key energy supplier to Europe.
As of 21 April, Westwood Global Energy reports that there is one appraisal and two exploration wells active in Norwegian waters.
Neptune Energy has announced the start-up of production from its Fenja oil and gas field in the Norwegian Sea.
Gas released led to a general alarm and shutdown of the Statfjord B, whose field is on the Norway-UK border
Oil and gas companies, such as Equinor (OSLO: EQNR) and Var Energi (OSLO: VAR), should “leave no stone unturned” in expanding their resources in the Barents Sea region as Norway looks to future-proof its position as key energy supplier to Europe.
Norwegian operator Var Energi (OSLO: VAR) is to explore a belt and braces approach to electrifying one of its major assets.
Norwegian workers started the first large-scale strike in 23 years after failing to secure a wage deal with employers in the energy-rich Nordic nation.
Torgeir Stordal has been officially appointed as Director General of the Norwegian Petroleum Directorate (NPD), and will now serve in the post for six years.
Aker BP (OSLO:AKRBP) has concluded the drilling of a wildcat well in the North Sea, around 130 miles west of Stavanger.
As of 24 March, Westwood Global Energy reports that there is one appraisal and four exploration wells active in Norwegian waters.
Four companies have been offered exploration licences for CO2 storage in two areas of the Norwegian North Sea.
Norwegian Energy Company, or Noreco for short, has announced plans to change its company name.
Equinor has booked contract extensions with two winterised Transocean drilling units worth up to $600m for a spate of work in the Norwegian Sea and Johan Castberg field.
Norway is to deploy its military to protect key subsea oil and gas assets following an increase in Russian submarine activity.
Norway earned 528 billion kroner ($50 billion) from its direct ownership of oil and gas licenses last year, more than five times the amount earned in a normal year, as the country became Europe’s biggest supplier of natural gas after Russia’s invasion of Ukraine.
Aker BP has confirmed first production from the Frosk field development in Norway’s Alvheim area, just 18 months after plans were submitted to regulators.
As of 24 February, Westwood Global Energy reports that there are five exploration wells active, with four in the North Sea and one in the Barents Sea
Longboat Energy is looking to form a new partnership to take forward development of the Egyptian Vulture prospect after an initial licence expired this week.
Vår Energi has issued updated resource estimates after its successful oil discovery at the Countach well in Norway’s Barents Sea.
A worker could have been killed, safety inspectors have said, after his arm was crushed and later amputated following an incident on a North Sea oil rig.