Norway today confirmed Lundin Petroleum's new oil discovery in the Barents Sea.
Explorers look set to drill a record number of wells in Norway’s Arctic waters this year, undeterred by oil prices apparently stuck below $60 a barrel.
Oil companies are expressing a "big interest" in Norway's Arctic territorial waters under the Barents Sea, according to reports.
Oil and gas authorities in Russia and Norway will share seismic data from the Barents Sea under a new agreement.
Greenpeace said it has filed a lawsuit against the Norwegian government's decision to hand out drilling licences covering a large area of the Barents Sea.
SeaBird Exploration said the company will acquire a long offset 2D multi-client survey in the Barents Sea.
Lundin Norway has received consent for exploration drilling in the Barents Sea.
Statoil said it plans to conduct a major exploration campaign in several parts of the Barents Sea next year.
Norway’s Petroleum Safety Authority has given Lundin Petroleum permission to drill an exploration well in the Barents Sea.
The Norwegian Petroleum Directorate has granted Eni Norge a drilling permit for a wildcat well in the Barents Sea.
Polarcus said it has received a Letter of Intent for a project in the Barents Sea.
Statoil will look to open up new acreage in the southern Barents sea after it was awarded five licences from the Norway's Petroleum and Energy ministry in its 23rd licensing round.
Aker Solutions has struck a deal with Lundin Norway for its offshore developments.
Norwegian operator Statoil has developed a new concept for subsea developments aimed at reducing costs by 30%.
Tullow Oil has said the Wisting asset offers valuable development potential following a successful well appraisal in the Barents Sea.
The collapse of crude prices isn’t the only problem facing energy companies in Norway: Explorers in western Europe’s biggest oil-producing nation also have had their leanest drilling spell in almost a decade.
Ice, extreme temperatures and a vulnerable environment are all surmountable challenges as drillers set out to hunt for oil in a new area of Norway’s Arctic Barents Sea, according to Statoil and other explorers.
A director at Eni said its Goliat oilfield project could still be profitable even below $50 a barrel oil.
Environmental pressure group Greenpeace has launched a protest against drilling being carried out by OMV in the Barents Sea.
Eni has postponed start-up from the Goliat field once again.
The chief executive of Faroe Petroleum has described as "disappointing" the failure to make a commercial oil discovery from its Kavalross prospect in the Barents sea.
Norway's Petroleum Safety Authority has issued orders to Eni Norge following an audit of logistics and employee participation on the Goliat FPSO.
Eni said It will start-up production from the Goliat field this month.
Eni is reported to be planning to drill a wildcat at the Aurelia prospect in the Barents Sea off Norway later this year using the Scarabeo 8 semi-submersible rig.
Eni has been given approval from the Norwegian Environment Agency to start oil production from the Goliat field in the Barents Sea.