Arctic ///

Lundin announces non-commercial gas discovery on Hufsa prospect

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea. A non-commercial gas discovery was made in the main well while the sidetrack was dry.

Arctic refuge drilling moves closer to reality with Senate vote

Oil drilling in the Arctic National Wildlife Refuge took a significant step forward Wednesday, as the Senate energy committee approved legislation to compel lease sales in the 1.5-million-acre coastal plain along Alaska’s northeast coast -- tying it to tax reform.

With Arctic drilling under attack, Norway oil chiefs fight back

The man overseeing western Europe’s biggest crude spigot is fighting back against the oil doubters.

Oil Search acquires $400-million in Alaskan oil assets

Oil Search signed an agreement to acquire a number of oil assets in the Alaska North Slope from privately-owned companies Armstrong Energy LLC and GMT Exploration Company LLC.

China to get first Yamal LNG cargo as Russia says "thank you"

Russia’s Yamal LNG, set to be the world’s biggest Arctic producer of liquefied natural gas, plans to send its debut cargo to China as thanks for its support.

New attitude in D.C. points toward increased E&P access on U.S. OCS, Luthi says

Winds of change are afoot in the U.S. government’s energy-regulating bodies, and consequently, new access to the U.S. outer continental shelf (OCS) is on the horizon for oil and gas companies.

Republicans may use budget to open Arctic, Atlantic to oil rigs

Congressional Republicans have found a way to use the federal budget to open the Arctic National Wildlife Refuge to oil drilling -- and they don’t plan on stopping there.

VOICE responds to press conference on 2018 budget resolution, ANWR

Voice of the Arctic Iñupiat (VOICE) is deeply disappointed by today’s joint press conference, held by a half dozen democratic senators and several NGOs, pleading for permanent protection of the 1002 area of ANWR from oil and gas exploration.

Arctic oil promise keeps Norway's disappointed wildcatters going

It’s been a bad year for oil explorers in Norway’s Arctic: a record campaign in the Barents Sea yielded little; the most exciting well in years proved to be a flop; and Norwegians grew increasingly skeptical about the industry that made them rich.

Senate Republicans set the stage to unlock 12 Bbbl of oil in Alaska refuge

Senate Republicans set the stage for using the budget to end the 37-year ban on oil and gas drilling in Alaska’s pristine Arctic National Wildlife Refuge.

Arctic drilling measure sought in budget by Alaska senator

Alaska Senator Dan Sullivan said he’s pushing for budget language that would make it easier for Congress to allow oil and gas drilling in part of the Arctic National Wildlife Preserve.

Lundin Petroleum spuds exploration well at Børselv prospect in the Barents Sea

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea.

Lundin Petroleum reports gas discovery at Korpfjell prospect in the Barents Sea

Lundin Petroleum AB has announced that Statoil AS has completed the Korpfjell exploration well 7435/12-1 in PL859 in the southeastern Barents Sea. The well proved a small, non-commercial gas discovery.

Lundin Norway delineates Alta discovery in the Barents Sea

Lundin Norway AS, operator of production licence 609, has completed the drilling of appraisal wells 7220/11-4 and 7220/11-4 A on the 7220/11-1 (Alta) oil and gas discovery.

BOEM publishes draft EIS for Hilcorp oil, gas project in Beaufort Sea

The Bureau of Ocean Energy Management (BOEM) today announced a draft Environmental Impact Statement (EIS) analyzing the possible environmental impacts of the activities proposed in an offshore oil and gas development and production plan (DPP) submitted to BOEM by Hilcorp Alaska LLC. on Sept. 18, 2015.

Statoil reports gas discovery at Gemini North in the Barents Sea

Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil.

Dream of $65 billion hidden off Norway is fading away

Norway’s oil industry has been salivating for years over the Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.

Saipem seen getting work in Novatek's Arctic LNG 2 project

Italy's Saipem is likely to get a sub-contractor role in a new project to produce liquefied natural gas (LNG) in the Arctic by Russia's Novatek, one of Novatek's partners said.

Saipem set for Arctic LNG 2 platform contract

Russian gas producer Novatek is expected to select Italy's Saipem to build offshore platforms for its second liquefied natural gas (LNG) facility in the Arctic, four sources said.

Low oil price hurts Norway's economic case for northern drilling

Low oil prices mean drilling for oil and gas in an offshore zone between Russia and Norway will not bring the economic benefits Oslo had predicted, according to a report commissioned by two green groups that are suing the Norwegian state over its plans.