WorldOil Equinor granted consent to extend life of Oseberg Øst facilityøst-facility Equinor (formerly Statoil) has been granted consent for continued use of the Oseberg Øst facility until March 31, 2031. Equinor awards drilling contract for Fram, Askeladd licenses Equinor (formerly Statoil) has awarded Odfjell a contract for drilling two times three production wells for the Fram and Askeladd licenses by using the Deepsea Atlantic rig. Odfjell has also been awarded a master framework agreement (MFA). Equinor invests in Fram field, nearly doubling remaining reserves Equinor (formerly Statoil) and its partners make investments in Fram field that will almost double remaining reserves. Faroe Petroleum commits to Brasse East exploration well Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commitment by the PL740 Brasse Joint Venture partners (Faroe 50% and operator and Point Resources 50%) to drill the Brasse East exploration well and award the associated rig contract, with commencement of drilling operations expected in fourth-quarter 2018. Norway's $1-trillion wealth fund moves closer to oil exit Norway’s $1-trillion sovereign wealth fund cleared a hurdle on its proposed path to exiting oil and gas stocks. Aker BP granted drilling permit for appraisal wells southeast of Alvheim field The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/4-12 S and well 25/4-12 A, cf. Section 15 of the Resource Management Regulations. Suez, Halvorsen TEC to supply seawater sulfate removal system for Johan Castberg project After completing an engineering and design study for a seawater sulfate removal unit (SRU) system to help protect production wells for its Johan Castberg project in Norway, Statoil awarded a consortium, led by SUEZ and Halvorsen TEC, the contract to supply the equipment and complete the project. Faroe Petroleum completes sale of Fenja field interest Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced the completion of the previously announced sale of its 17.5% working interest in the Fenja development, located in PL586 in the Norwegian Sea. AKOFS Offshore secures letter of intent from Equinor for light well intervention services AKOFS Offshore, a company owned by Akastor ASA, has entered into a Letter of Intent with Equinor (formerly Statoil) for provision of year round light well intervention services (LWI) on the Norwegian Continental Shelf. Wintershall submits PDO for Nova field, in the Norwegian North Sea Wintershall has, together with its partners Capricorn, Spirit Energy, Edison and DEA, submitted the Plan for Development and Operation (PDO) for its operated North Sea Nova field (formerly Skarfjell) to the Norwegian Ministry of Petroleum and Energy.