Norway/NCS ///

Equinor’s first cargo from Johan Sverdrup set for Asia trip

The first cargo is expected to leave for customers in Asia this week, and contains 1 MMbbl of crude with a market value of around $60 million.

Neptune Energy acquires North Sea assets from Energean

The portfolio will provide Neptune with material growth in contingent resources, an estimated 30 MMboe of 2P reserves and near-term production in core areas of the North Sea close to infrastructure.

Kongsberg Digital to digitalize Shell’s Nyhamna gas facility in Norway

Kongsberg Digital signed an agreement to digitalize the Nyhamna facility, a gas processing and export hub for Ormen Lange and other fields connected to the Polarled pipeline.

Norway’s outgoing oil regulator is upbeat over the industry’s future

The head of Norway’s oil regulator, who bows out after 12 years of pushing companies to squeeze out every possible barrel from projects, said she’s leaving an industry in good health despite a growing debate over its future.

Equinor to build wind farm to power oil platforms offshore Norway

Equinor made a final decision to invest in floating wind turbines to power offshore oil platforms off Norway after the government agreed to subsidize a large part of the cost.

Johan Sverdrup startup revitalizes Norway’s offshore sector

Discovered in 2010 in an area that had been disregarded by most explorers, the site started production on Saturday and is set to reach 440,000 bpd by next summer.

Dolphin Drilling lands semisub contract with Shell

Global contractor Dolphin Drilling has secured further work for its Borgland Dolphin semi-submersible drilling rig to start in early 2020.

Equinor chooses Saipem for industry-first autonomous subsea drone project

“It is very exciting to be a pioneer for this type of technology offshore. Enabling personnel to plan and perform operations from shore rather than being flown offshore, this pathbreaking technology will also reduce costs,“ says Olav A. Godø, operations manager, Njord.

Norway greenlights Valhall facility startup

“Valhall West Flank is an important measure for further exploitation of the resources in a mature field,” says Tove Francke, the NPD’s assistant director for development and operations, North Sea South.

Vår Energi awards Balder X subsea contract to Ocean Installer, BHGE

Under the contract, BHGE and Ocean Installer will engineer, procure, construct and install 16 new subsea production systems, umbilicals, risers and flowlines to the Jotun A FPSO.

ExxonMobil to sell Norway upstream operations for $4.5 billion

“Our objective is to have the strongest, most competitive Upstream portfolio in the industry,” said Neil Chapman, senior vice president of ExxonMobil. “We’re achieving that by adding the best set of projects we’ve had in many years and divesting assets that have lower long-term strategic value."

Norwegian oil, gas production continues to miss forecast targets

The Norwegian Petroleum Directorate report states production in August was below forecast due to technical problems and maintenance work on some fields.

Ashtead Technology completes subsea installation monitoring for Ocean Installer

The contract saw Ashtead Technology provide its integrated Deflection Monitoring System (DMS) services and equipment to support the installation of eight Integrated Template Structures (ITS) in the fields located in the Northern Norwegian Sea.

Norway grants Tordis and Vigdis fields a 34-year extension

The Norwegian Petroleum Directorate has granted Equinor consent to use the facilities on the Tordis and Vigdis fields for a total of 34 years beyond their originally-approved lifetime. Tordis has secured consent to operate until December 31, 2036 and Vigdis until December 31, 2040.

First oil

Kurt Abraham, World Oil

Another mixed outlook awaits the E&P sector

Voters deliver warning to Norway’s oil industry

Parties that want to rein in the country’s golden goose made significant gains in Monday’s local elections. That raises the prospect of more advances for those forces that want to limit drilling in the Nordic nation, which supplies 25% of the European Union’s natural gas.

Shearwater awarded two Barents Sea 3D acquisition contracts

Shearwater GeoServices has been awarded a master services agreement by Lundin Norway, and new Isometrix seismic acquisition projects for Lundin and Spirit Energy Norway in the Norwegian sector of the Barents Sea.

BP spearheads offshore data harvesting in the North Sea

BP’s first foray into unmanned over-the-horizon operations, using Sonardyne technology and an unmanned surface vessel (USV), is helping it gather strategic data. It’s also a key step towards a more marine autonomous systems-led future.

FlyLogix, Total launch North Sea drone initiative

The project aims to overcome the challenges associated with drone inspection activities in the North Sea and allow commercial operators of Unmanned Aerial Vehicles easier access to UK controlled airspace for beyond visual line of sight operations.

Industry showcases positive change at SPE Offshore Europe 2019

“We’ve had some great debates about our future, especially about the energy transition and our license to operate. I think the energy and ideas of the conference will carry on into our work in the future," said Michael Borrell, senior VP North Sea and Russia at Total, and chair of SPE Offshore Europe.