Gina Krog

North Sea

Total to sell 15% stake in Gina Krog field

Total has signed an agreement to sell a 15% interest in the Gina Krog field in Norway to Tellus Petroleum in a NOK1.4billion deal. The French company’s president of exploration and production said the move was as a result of a “full comparative review” of its global asset portfolio. The transaction still has to be approved by the Norwegian authorities.

Oil & Gas

Gallery: First well spudded on Gina Krog field

The first well has been spudded on the Gina Krog field in the Norwegian North Sea. Statoil said drilling began earlier this week using the Maersk Integrator rig, which will now be in use until 2019. The milestone is one of many for the company on the Gina Krog development project.

Video

Video: Statoil’s Gina Krog jacket installed

Statoil has installed the steel jacket for the Gina Krog platform in the Norwegian part of the North Sea. This stunning footage shows the jacket, which weighs more than 17,000 tonnes. Weighing more than twice the steel weight of the Eiffel Tower in Paris, it has now been secured into the seabed.