Norway/NCS ///

Faroe Petroleum reports positive results from Brasse sidetrack appraisal well

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, has announced the results of the 31/7-2S Brasse sidetrack appraisal well in the Norwegian North Sea.

Statoil granted drilling permit for wells in PL 124

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 6507/8-9 and 6507/8-U2, cf. Section 8 of the Resource Management Regulations.

Record Norwegian Troll gas may help beat UK winter woes

Norway is turning on the taps at Europe’s biggest offshore gas field at just the right time for Britain.

Aker BP receives consent for exploration drilling in the North Sea

The Petroleum Safety Authority of Norway has given Aker BP consent to drill exploration wells 25/4-11 and 25/4-12, in a prospect named Hyrokkin, which is north of Alvheim in the North Sea.

Lundin Petroleum encounters hydrocarbons in Barents Sea's Alta appraisal well

Lundin Petroleum AB has announced that its wholly-owned subsidiary Lundin Norway AS has successfully completed the drilling and production testing of Alta appraisal well 7220/11-4 (Alta-4) located in PL609 in the southern Barents Sea.

Industry professionals seek guidance in a tough market from OE 2017

Emily Querubin, World Oil

SPE’s biennial Offshore Europe (OE) E&P conference and exhibition will be held at the Aberdeen Exhibition & Conference Center in Aberdeen, Scotland, UK, during Sept. 5–8. The conference, which is recognized as a top E&P event in Europe, is organized to connect professionals with the global industry, and allow them to acquire new technical know-how, as well as to stay in touch with the latest business trends.

Wood Group secures management services contract for Culzean field

Wood Group has been awarded a new contract by Maersk to deliver mechanical and management services for the hook-up and commissioning of the Culzean gas condensate field in the UK central North Sea.

Lundin Norway granted drilling permit for wildcat in licence 533

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 7219/12-2 S, cf. Section 8 of the Resource Management Regulations.

Statoil to develop Snefrid Nord gas discovery, near Aasta Hansteen field

Statoil and partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied back to Aasta Hansteen.

Faroe Petroleum reports DST results at Brasse appraisal well

Faroe Petroleum has announced the results of the Drill Stem Test (DST) on the 31/7-2 S Brasse appraisal well in the Norwegian North Sea (Faroe 50% and operator, Point Resources 50%).

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.

Lundin Norway granted drilling permit for North Sea wildcat

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/6-3, cf. Section 8 of the Resource Management Regulations.

DNO completes acquisition of Origo Exploration

DNO ASA, the Norwegian oil and gas operator, today announced the completion of the acquisition of Origo Exploration Holding AS, a privately-held oil and gas exploration company with a focus offshore Norway and the UK.

Lundin Norway divests 39% working interest in Brynhild field

Lundin Petroleum AB has announced that its wholly-owned subsidiary Lundin Norway AS on June 27, 2017, entered into a sales and purchase agreement with CapeOmega AS to divest a 39% working interest in Brynhild field in PL148 in the Norwegian North Sea.

Oseberg Vestflanken 2 platform, jacket set sail

At Heerema Zwijndrecht, one of the production locations of Heerema Fabrication Group (HFG), the topside for the Oseberg Vestflanken 2 Unmanned Wellhead Platform sailed out on Sunday, June 25. The jacket followed on Monday, June 26.

Ministry of Petroleum and Energy announces 24th licensing round

The Ministry of Petroleum and Energy (MPE) has announced the 24th licensing round. In this round, 102 blocks/parts of blocks will be announced, divided among nine in the Norwegian Sea and 93 in the Barents Sea.

Statoil, Faroe Petroleum announce PDO approval for Njord and Bauge fields

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, notes Statoil’s announcement regarding PDO of Njord and Bauge in the Norwegian North Sea.

Statoil awards EPC contract extention to TechnipFMC

TechnipFMC has been awarded an extension to its ongoing Engineering, Procurement and Construction (EPC) contract from Statoil in the Norwegian North Sea.

Norway emerges from downturn as growth seen at pre-crisis levels

Norway may be finally emerging from an oil downturn with companies the most upbeat they’ve been on economy since before the oil crisis, according to a central bank survey. The krone jumped on the news.

Wood Group wins Statoil concept and feasibility study contracts

Wood Group has been awarded two new contracts by Statoil to deliver concept and feasibility studies to their Norwegian North Sea assets.