Norway/NCS ///

Forget peak demand, Norway's oil chief wants more crude to pump

The renewable energy revolution doesn’t scare the man overseeing western Europe’s biggest crude oil spigot.

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.

Aker BP receives consent to perform gas lift modifications at Tambar

The Petroleum Safety Authority of Norway has now given Aker BP consent to perform modifications relating to gas lift at Tambar. The gas lift project is part of a major field development project at Tambar.

Norway puts on the brakes, but oil-cash splurge is hard to kick

Putting on the brakes is a relative term in Scandinavia’s richest economy.

Statoil awards long-term insulation, scaffolding, surface treatment contracts

Statoil is awarding renegotiated framework agreements to Bilfinger Industrier Norge AS and Kaefer Energy AS for ISO services (insulation, scaffolding and surface treatment). Valued at a total of more than NOK 7 billion, the contracts will run until the end of 2030.

Europe's biggest oil producer considers new petroleum-tax system based on ‘climate risk’

What is 47 Bbbl in oil and gas really worth in an age where renewable sources are increasingly filling the world’s energy needs? That’s what Norway, western Europe’s biggest oil and gas producer, is asking itself.

Statoil granted permit for wildcat well in central North Sea

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 15/6-14 S, cf. Section 8 of the Resource Management Regulations.

Petrofac secures North Sea contract extension with Chevron

Petrofac has secured a contract extension from Chevron North Sea Limited (Chevron) for the provision of engineering services; an agreement it has held since 2014.

Archer wins four-year contract to deliver additional P&A services for Repsol Norge

Global oil services company Archer has secured a four-year contract to deliver additional plug and abandonment (P&A) and related services on the Norwegian Continental Shelf for Repsol Norge AS.

Aker BP completes drilling of appraisal, wildcat wells in the central North Sea

Aker BP ASA, operator of production licence 442, has completed the drilling of appraisal well 25/2-19 S and wildcat well 25/2-19 A.

Lundin Norway drills dry hole north of Neiden discovery

Lundin Norway AS, operator of production licence 609, has concluded the drilling of wildcat well 7220/6-3. The well is dry.

Lundin Petroleum completes drilling of Børselv exploration well

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

Aker BP recieves consent for use of Songa Enabler semisubmersible at Skarv field

Aker BP ASA has received consent to use Songa Enabler for well intervention on wells 6507/5-A-3, 6507/5-B-6 and 6507/5-B-8 at Skarv field.

Wintershall Norge names new managing director

Wintershall today announced Hugo Dijkgraaf as new managing director of its Norwegian subsidiary.

Statoil among firms seeking stakes in Abu Dhabi offshore blocks

Statoil ASA is among producers involved in discussions with the Abu Dhabi National Oil Co. about joining offshore production in the emirate, according to a Norwegian diplomatic dispatch.

Aker Solutions wins Troll FEED contract with EPCI option from Statoil

Aker Solutions won a contract from Statoil for front end engineering and design of a module that will increase output at Troll, one of Norway's largest natural gas fields.

Inpex to acquire interest in exploration license PL767 in western Barents Sea

Inpex has announced that through its subsidiary Inpex Norge AS, it has entered into an agreement to acquire a 40% participating interest in exploration license PL767 located in the western Barents Sea, offshore the Kingdom of Norway from Bayerngas Norge.

Norway prime minister wins second term as insurgency against oil fizzles

Prime Minister Erna Solberg became Norway’s first Conservative Party leader in over three decades to be re-elected as a movement to stop further oil exploration in western Europe’s biggest petroleum producer fizzled.

Norway oil rouses Wintershall as M&A deals set to gain momentum

When a recovery in crude prices sparks more deals in Norway’s oil industry, BASF SE’s Wintershall AG unit will be among those looking for opportunities.

Oil cash habit could be hard to kick for Norway's vote winner

Most politicians will talk tough on fiscal discipline before they get their hands on the world’s largest sovereign wealth fund.