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Faroe Petroleum claims success in well sidetrack, production test in Nowegian Sea

Faroe Petroleum is pleased to announce a successful sidetrack well and successful production test following the drilling of the downdip appraisal well on Fogelberg located in the Norwegian Sea.

Wintershall awards rig contract for Nova development

Wintershall Norge AS has awarded a rig contract for the Nova development to Seadrill Norway Operations Ltd who will operate the West Mira drilling rig on behalf of Northern Drilling.

Equinor granted drilling permit for Cape Vulture appraisal wells

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for wells 6608/10-18, 6608/10-18 A and 6608/10-18 B, cf. Section 15 of the Resource Management Regulations.

Aquaterra Energy wins well construction work for Johan Sverdrup

Aquaterra Energy, a leader in global offshore engineering solutions, has been selected by Equinor to deliver early well construction operations, via its Well Start solution, for Johan Sverdrup field.

Shell approves North Sea project, seeing "life in old dog"

Royal Dutch Shell Plc approved its second North Sea project in six months, greenlighting a natural gas field that it considered uneconomical to produce from six years ago.

Still plenty of discoveries to be made on the Norwegian shelf, NPD says

The Norwegian Petroleum Directorate (NPD) has published the 2018 Resource Report for Exploration. The report shows that production of oil and gas will increase going forward – but that new and larger discoveries have to be made in order to maintain the same level after the mid-2020s.

Equinor, Microsoft partner for cloud services delivered from new cloud data centers in Norway

Equinor and Microsoft have entered into a strategic partnership agreement. As part of the agreement, Equinor will provide industry knowledge and business needs to support Microsoft in developing new solutions for the industry. Microsoft will provide expertise to accelerate Equinor’s IT development and establish new data center regions in Stavanger and in Oslo.

Oil explorers get best results in Norway since 2010 bonanza

Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best exploration results in almost a decade.

HydraWell signs contract with Chevron for UK plug and abandonment services

HydraWell has signed a contract with Chevron North Sea Limited for the provision of equipment and personnel for plug and abandonment (P&A) services on the UK continental shelf.

Shell sells Draugen, Gjøa interest in Norway

Royal Dutch Shell plc, through its affiliate A/S Norske Shell, has reached an agreement with OKEA AS to sell its entire 44.56% interest in Draugen and 12.00% interest in Gjøa in Norway for $556 million (NOK 4,520 million).

Wintershall awarded new acreage in Norway's 24th licensing round

Wintershall Norge AS has announced that the company has been awarded new acreage in the 24th licensing round on the Norwegian Continental Shelf (NCS).

Equinor awards light well intervention contract to Akofs

Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025.

EMGS announces multi-client revenues related to 24th license round awards

The Norwegian Ministry of Petroleum and Energy (MPE) has announced the awards of new production licenses in the 24th licensing round on the Norwegian continental shelf.

Equinor offered seven licenses in Norway's 24th licensing round

The Ministry of Petroleum and Energy has offered Equinor seven licenses in the 24th licensing round – five operatorships and two partner positions.

Industry needs to demonstrate "license to operate," says new OE2019 chair

The energy industry has to continuously demonstrate its excellence in order to maintain a ‘license to operate’, says the newly appointed conference chair of SPE Offshore Europe 2019 Michael Borrell, senior V.P., North Sea and Russia at Total.

Sercel extends capability of 508XT seismic acquisition system to transition zones

Sercel announced today the launch of a transition zone version of its state-of-the-art 508XT seismic acquisition system.

CGG delivers final PSTM products for Dunquin multi-client survey, west of Ireland

CGG has completed the Pre-Stack Time Migration (PSTM) of its 2,500-km2 Dunquin multi-client survey acquired in Block 44 of the Porcupine basin, west of Ireland, in 2017.

The natural gas market in 2017

Armelle Lecarpentier, CEDIGAZ

In 2017, global natural gas demand’s above-average growth reshaped market fundamentals and  prevented the development of a global natural gas bubble. Meanwhile, global natural gas consumption doubled its 2016 growth rate, and it was well ahead of the previous five-year trend.

Exceptional concepts go the distance

Rob Oberhofer, Rodney Schnell, Packers Plus Energy Services

Proven completion technologies combine for an effective, elegant solution.

Subsea 7 secures contract from Shell for Penguins Project

Subsea 7 has announced the award of a contract by Shell for the Penguins Redevelopment Project, located approximately 150 mi northeast of the Shetland Islands.