Norway/NCS ///

The $20-billion race to eclipse Norway's elite oil producers

The race is on to become Norway’s biggest non-state oil company.

Norway poised to battle with global giants in German gas market

After supplying Europe’s biggest economy with natural gas for more than four decades, Norway is preparing to defend its share as the world’s biggest producers all vie for a larger slice of the $21-billion market.

Faroe Petroleum to drill first well in PL 825, offshore Norway

The Norwegian Petroleum Directorate (NPD) has granted Faroe Petroleum Norge AS a drilling permit for well 30/6-30, cf. Section 15 of the Resource Management Regulations.

Equinor granted drilling permit for wildcat in PL 751

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 6407/11-1, cf. Section 15 of the Resource Management Regulations.

Norway's largest oil pipeline now in place

Last week Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, reached the Johan Sverdrup field in the North Sea.

Maersk Drilling, Aker BP sign major contract founded on joint alliance

Maersk Drilling and Aker BP have agreed to a one-year contract to deploy high-performance rig Maersk Integrator on the Norwegian shelf from June 2019. The contract is founded on the alliance that the parties entered into in 2017.

PG Flow Solutions to deliver pump systems to Johan Sverdrup phase 2

Liquid handling and pump specialist PG Flow Solutions has been awarded a contract by the Aker Solutions and Kvaerner 50/50 joint venture (ASK JV) to deliver MEG (mono ethylene glycol) and chemical injection pump packages to the Johan Sverdrup phase 2 field development.

Equinor announces record fast-track development of Visund Nord IOR project

On Sept. 2, the Visund Nord IOR (improved oil recovery) project came onstream, two months ahead of schedule. The project has further been delivered with no serious HSE incidents and well below budget.

NPD gives Equinor's Aasta Hansteen project the go-ahead

The Norwegian Petroleum Directorate has granted consent for start-up of the Aasta Hansteen facility in the Norwegian Sea. Operator Equinor plans to start production during the course of autumn 2018.

Maersk Drilling, Aker BP sign two-year contract to reactivate Maersk Reacher jackup

Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jackup rig Maersk Reacher in the Norwegian part of the North Sea.

BHGE's European president reflects on ONS 2018, industry transformation

Over the past few years, the expression ‘cautious optimism’ has often been used when referring to the North Sea’s oil and gas industry landscape. The industry has experienced dramatic change since the latest downturn began.

ONS: NCS still global innovative laboratory

Come visit ONS Innovation Park 2018 to learn more about the latest technical solutions. The stand gathers 18 small- and medium-sized Norwegian companies, exhibiting new and exciting innovations primarily tailored to increase value creation on the Norwegian Continental Shelf (NCS).

Aker BP signs "data liberation contract"

In collaboration with Cognite and Framo, Aker BP intensifies the digitization of offshore operations; new smart service contract will change the traditional approach to maintenance.

Wood wins contract with Equinor to support Hammerfest LNG

Wood recently provided technical support for Equinor’s liquefied natural gas (LNG) facility at Melkøya Island, Norway, as part of a new contract secured under an existing master services agreement.

Updates on the new E&P landscape of the NCS

Since ONS in 2016, the landscape of E&P companies on the Norwegian Continental Shelf (NCS) has changed significantly. New players have entered the arena, companies have merged and several of the larger majors have changed their organizations, altered their business models or even changed their names and branded outfit.

Lundin reports successful appraisal well, production test on Rolvsnes

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has successfully completed the appraisal well 16/1-28S and production test on the Rolvsnes discovery in the PL338C, on the Utsira High in the Norwegian North Sea.

Executives talk operational efficiencies at ONS

In one of two Monday afternoon sessions at the Offshore Northern Seas (ONS) conference & exhibition in Stavanger, Norway, executives from Saudi Aramco and Pioneer Natural Resources spoke of operational efficiencies gained at their firms, and how they are striving for excellence in a still-recovering global market. Naturally, continued innovation and good decision-making remain paramount.

ONS 2018 hosts first ever Ghanaian Pavilion

ONS is proud to be hosting the first ever Ghanaian Pavilion to appear at an ONS 2018. You will find the Ghanaian Pavilion at ONS 2018, in Hall 4, stand 4300.

The Modular Compact Pump: A game-changer in subsea multi-phase boosting

Oil companies are looking for ways to increase oil recovery rates. Subsea boosting can be a powerful tool, but investment costs are often too high, driven by expensive topside modifications and overall system cost.

ONS opens with talk of peak demand, renewables competition

As the Offshore Northern Seas (ONS) conference & exhibition got underway on Monday in Stavanger, Norway, it was hard to tell whether it is still mostly a traditional oil and gas event, or whether it has become a renewables advocacy forum.