Equinor plans to breathe new life into a decommissioned gas field straddling the border between the UK and Norwegian sectors of the North Sea.
Oil firm Equinor has announced it has spudded the first well at its Utgard field on the median line between the UK and Norway.
Statoil has awarded Ocean Installer a subsea installations and tie-in operations contract for the Johan Sverdrup, Utgard and Bauge projects.
Statoil has secured a double North Sea win today.
Even with oil in a two year slump, Statoil still flexed its North Sea muscles. From kick-starting drilling on Mariner to finally cracking the 30-year puzzle that was Utgard, the Norwegian operator kept busy. However, the year wasn't without its challenges. The oil major forced to put the brakes on Bressay. Scroll through the gallery below to see where and how Statoil has kept busy in the North Sea.
Aker has landed a deal with Statoil for its North Sea Utgard field.
Statoil is set to sign the modifications contract for its Sleipner field tomorrow, according to project director Tom Elseth.
Wood Group has won a $1million contract for Statoil's Utgard field.
The price of building a field on the Norwegian Continental Shelf (NCS) has fallen by an average 40% since the Autumn of 2014, according to new data.
Norwegian energy giant Statoil has been flexing its muscles in the North Sea this month with a number of big announcements.
Statoil and its partners have submitted the plan for development and operation (PDO) and a field development plan (FDP) for the Utgard gas and condensate discovery in the North Sea to Norwegian and UK authorities.
Statoil has today completed its deal for JX Nippon's 45% share and operatorship in the Utgard field.