Norway/NCS
News
October 03, 2024
TÜV Rheinland has acquired Safetec Nordic AS, a leading Norwegian risk management consulting firm, to enhance its global risk, safety, and integrity management services.
News
October 02, 2024
AGR has been awarded a long-term frame agreement by Equinor to provide subsurface and field development support related to project developments of Equinor’s facilities, offshore installations and onshore plants.
News
September 24, 2024
The license partnership, which includes operator Equinor, is studying a tieback of Heisenberg to nearby offshore infrastructure, potentially jointly coordinated with the development of other recent discoveries in this highly prolific area surrounding the Troll and Gjøa production hubs. DNO has a strong area position.
News
September 23, 2024
A Norwegian Offshore Directorate analysis of exploration activity from 2004-2023 shows that the discoveries are valued at three times the costs expended. 50 of 190 offshore discoveries have been developed and are producing, leaving three-quarters still to be developed. These investments will remain profitable as more fields come on stream.
News
September 10, 2024
The latest Emissions Monitoring Report from the NSTA shows that progress has been made and the 2030 target is within reach, but more work is needed to ensure that industry meets and surpasses key emissions targets and gets on long-term reduction trajectories.
News
September 10, 2024
The Transocean Spitsbergen rig drilled the well in production license 199 in the Haltenbanken Vest Unit in the Norwegian Sea. Preliminary estimates place the size of the discovery in the range of 2-4 MMcm of recoverable oil equivalent.
News
September 08, 2024
The transaction adds more than 8 MMboe in reserves and resources net to DNO. In terms of production, the acquired assets delivered approximately 3,000 boed in the first half of 2024, expected to rise to above 5,000 boed in 2026 as the Verdande contribution kicks in.
News
September 03, 2024
The Tyrving development leverages the planned extended lifetime for the Alvheim field and will increase production while reducing both unit costs and CO2 emissions per barrel. The field consists of three wells and two new subsea installations tied back to existing infrastructure at East Kameleon and further to the Alvheim FPSO.
News
August 26, 2024
In 2022, Norway’s two biggest oil companies, Aker BP and Equinor, decided to move ahead with plans to spend about $19 billion to develop a string of fields in the North and Norwegian seas. The investment plans were driven by temporary Covid-era tax rules that were intended to spur petroleum investments during the pandemic.
News
August 26, 2024
Equinor ASA said new seismic data is allowing for the reassessment of offshore oil and gas resources on Norway’s continental shelf, underpinning exploration and production efforts as the company targets as many as 30 wildcat wells a year through 2035.
News
August 21, 2024
Var’s Balder X project — extending production to 2045 — includes vessel upgrades, as well as new production and water injection wells. It had already suffered from delays associated with the Covid-19 pandemic, bad weather that complicated drilling, as well as inflation driving up the price of services.
News
August 21, 2024
Production from the Norwegian Continental Shelf will peak in 2025, the directorate said in a report published Wednesday. How quickly production falls will depend on whether companies can tap into resources around existing infrastructure using new technologies, as well as in less familiar regions like the Barents Sea in the far country’s far North.
News
August 14, 2024
Germany will scrutinize an application to drill for natural gas at a protected marine site after explorer One-Dyas BV cleared a key hurdle with local authorities.
News
July 11, 2024
Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge started production from the first Lavrans well in the Kristin South area offshore Norway on July 7, 2024.
News
July 09, 2024
Electromagnetic Geoservices ASA has entered into an agreement for a fully pre-funded offshore Ocean Bottom Node (OBN) seismic survey in the Barents Sea. This survey, which will be undertaken in collaboration with Velocitas Geo Solutions, marks EMGS' first venture into seismic node projects.
News
June 30, 2024
This is the second well to be drilled in production license 1170, which was awarded in APA 2021. Gas was also recently proven in the first well in the production license. Preliminary estimates indicate the size of the natural gas discovery at between 3.23 – 4.42 MMboe.
News
June 27, 2024
The Vår Energi-operated Cerisa exploration well in production license PL 636 offshore Norway was successful, with estimated gross recoverable resources of between 18-39 MMboe.
News
SLB secures FEED contract from Equinor for electric subsea project on Fram Sør field offshore Norway
June 27, 2024
The Fram Sør solution will use SLB OneSubsea’s standard subsea tree design, upgraded with a fully electrified power, control and actuation system, while the elimination of high-pressure hydraulic systems will enable operators to go further and deeper, improving production and making even marginal fields more viable.
News
June 25, 2024
The agreement’s scope is to deliver human resources solutions for Repsol’s multi-disciplinary resourcing needs in areas such as drilling and wells, geology and subsurface, HSE, logistics, operations, maintenance, decommissioning, administrative support and cost control.
News
June 25, 2024
This SURF EPCI contract includes a substantial fabrication scope and offshore work over three years, with the first campaign beginning in 2025. Ocean Installer has also secured a separate contract for replacing a 4 km, 10” flexible flowline at the Troll B field in 2025.
News
June 24, 2024
In March 2024, Equinor and DNO delineated the Heisenberg discovery, estimating recoverable volumes of 24 to 56 MMboe. They plan to drill a new well in the second quarter of 2024 to explore the Angel prospect and further delineate Heisenberg.
