Norway/NCS ///

Oil CEOs urge Norway to throw a lifeline to carbon capture

Three of the world’s biggest oil companies called on Norway to help maintain funding for carbon capture and storage technology that is stagnating amid concerns about whether it can ever be cost-effective.

New Products and Services

Alex Endress, World Oil

National Oilwell Varco (NOV) has introduced the iSeries NXT platform to its portfolio of Tolteq MWD/LWD directional systems and tools.

Faroe Petroleum divests 17.5% stake in Fenja development

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has executed a transaction with Suncor Energy Norge AS (Suncor) for the sale of a 17.5% working interest in the Fenja development, located in PL586 in the Norwegian Sea.

Statoil granted drilling permit for wildcat on Norway's PL 167

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 16/1-29 S, cf. Section 15 of the Resource Management Regulations.

Faroe Petroleum commences drilling of Fogelberg 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, is pleased to announce the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9-4S &4A in the Norwegian North Sea (Faroe 28.3%).

Western Europe's biggest oil producer is getting another fix

A rally in the price of black gold is giving Norway another fix.

Trelleborg contributes to floatover of topside for world’s largest FPSO spar platform

Floatover equipment from Trelleborg’s engineered products operation has contributed to the successful mating of Statoil’s landmark Aasta Hansteen gas field project’s 24,000-ton topside and the world’s largest Spar FPSO platform, off the coast of Norway at Stord.

Top Norway fund manager bets on rigs for 200% return

After more than three years of taking a hammering, drillers are set to rise.

Norway grants drilling permit to Spirit Energy Norge AS

The Norwegian Petroleum Directorate has granted Spirit Energy Norge AS a drilling permit for wellbore 35/9-14, cf. Section 15 of the Resource Management Regulations.

TAQA to transform Eider platform, extend the life of North Sea fields

Abu Dhabi National Energy Company PJSC (TAQA) is transforming its Eider platform and ensuring continued production from Otter field, as part of its strategy to maximize economic recovery and extend the life of its oil and gas fields in the Northern North Sea (NNS).

Aker Solutions wins subsea orders for Troll and Askeladd projects

Aker Solutions was awarded contracts from Statoil to provide subsea production systems and services for the Troll Phase 3 and Askeladd natural-gas developments offshore Norway.

Aker BP inks frame agreement with Aqualis Offshore

Under the Frame Agreement, Aqualis Offshore will provide marine warranty surveyor and marine services to Aker BP’s fixed platforms, mobile units and subsea fields on the Norwegian continental shelf.

Deep Sea Mooring commences mooring operations on NCS

Deep Sea Mooring (DSM), a Vryhof company, has commenced operations with the newly awarded contract to provide pre-lay mooring products and services to the Deepsea Bergen semisubmersible drilling rig on the Norwegian Continental Shelf.

Lundin awarded 14 licenses in Norwegian licensing round

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has been awarded a total of 14 exploration license interests in the 2017 Norwegian licensing round (Awards in Predefined Areas, APA).

Faroe Petroleum awarded eight exploration licences in Norway

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 that it has been awarded eight new prospective exploration licences, including four operatorships, in the Norwegian North Sea under the 2017 Norwegian APA (Awards in Pre-defined Areas) Licence Round.

Statoil awarded new production licences on NCS

In connection with the Award in Predefined Areas (APA) for 2017 Statoil has been offered interests in 31 exploration licences on the Norwegian continental shelf (NCS), 17 of these as operator, and 14 as a partner.

DNO receives 10 awards in Norway's APA licensing round

DNO ASA, the Norwegian oil and gas operator, today announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 10 exploration licenses under Norway's Awards in Predefined Areas (APA) 2017 licensing round.

What's ahead for western Europe's biggest oil nation

After suffering through the worst crisis in a generation, Norway’s oil industry is now back on its feet.

New data transfer protocol improves drilling support and safety

Thomas Halland, Kjell Inge Meisal, Statoil; Ted Abramsen, Kongsberg Oil & Gas Technologies, Norway; Peter Morrison, Baker Hughes

Using a new protocol, a WITSML pilot project has shown significantly faster data transmission from an offshore wellsite to an onshore operations center. The updated standard has the potential to considerably improve operational support and reduce personnel trips to the rig.

NPD reports successful seismic acquisition on Gardarbank High

During the autumn of 2017, the Norwegian Petroleum Directorate (NPD) has acquired about 4,500 km of 2D seismic on the Gardarbank High, east/northeast of Bjørnøya and south of Hopen.