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 Barents Sea

The Barents Sea is a marginal Sea of the Arctic Ocean, located north of Norway and Russia. Known in the Middle Ages as the Murman Sea, the sea takes its current name from the Dutch navigator Willem Barents. It is a rather deep shelf sea (average depth 760 feet (230 m) and maximum depth 1,480 feet (450 m)), bordered by the shelf edge towards the Norwegian Sea in the west, the islands of Svalbard (Norway) in the northwest, and the islands of Franz Josef Land and Novaya Zemlya (Arkhangelsk Oblast) in the northeast and east. Novaya Zemlya separates the Kara Sea from the Barents Sea. Significant fossil fuel energy resources exist in the Barents Sea region.

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updated Fri. May 4, 2018

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Norway gives Aker BP consent for exploration drilling of well 7221/12-1 in the Barents Sea. Aker BP is the operator for production licence 659 in the Barents Sea. The company was given consent to drill exploration well 7221/12-1 to investigate a prospect named "Svanefjell", around 65 kilometres ...
Petroleum Safety Authority Norway (PSAN) has granted Aker BP and Spirit Energy consent to drill separate wells in the Barents Sea. Aker BP has been granted consent to drill exploration well 7221/12-1, in order to investigate a prospect named Svanefjell, which is around 40 miles north-north-east of the ...

OSLO, Norway – Lundin Petroleum has the go-ahead from the Norwegian Petroleum Safety Authority (PSA) to drill an appraisal well in the Barents Sea. The semisubmersible Leiv Eirkisson will spud well 7220/11-5 S in production license 609 later this month, with the drilling, completion, and testing ...
Russia's part of the Arctic can also be divded into two zones, with a significant part of the Barents Sea and the waters of the Norway and Greenland seas having proven fisheries, while the East Siberian, Laptev, Kara, and Chukchee seas are rarely fished and poorly researched. In the entire Russian Arctic, ...
It was in 1983 that the «Valentin Shashin» moved into the central part of the Barents Sea and started the drilling operation that soon revealed the 3,9 trillion cubic meters Shtokman field. The drilling followed exploration works conducted by vessel «Professor Shtokman» in 1981. The «Valentin Shashin» in ...
The crews of two nuclear submarines of the Northern Fleet of the Russian Navy have carried out antisubmarine exercises in the Barents Sea, reports TASS. Those divers practiced the search and follow-up of a hostile submersible, performed tactical exercises, executed torpedo attacks and completed ...

Russian authorities did not officially announce the launch in advance, other than the release of standard warnings to pilots to keep out of drop zones north of Plesetsk, where pieces of the Soyuz rocket were expected to fall in the Barents Sea. RussianSpaceWeb.com, run by the respected Russian space ...
Denied a renewal of their usual fishing quota, its owners partnered up with a Russian company and sent the ship, renamed the Rubin, to ply the Barents Sea. There, in the words of Eskil Engdal and Kjetil Saeter, two Norwegian journalists, the ship slipped ineluctably into “a maelstrom of shell corporations,.
Two of the largest navy vessels based on the Kola Peninsula, “Vice Admiral Kulakov” and “Severomorsk” sailed into the Barents Sea from the Northern Fleet's main base on Thursday, Russia's Defense Ministry informs. “The crews of the vessels will conduct a joint exercise hunting and tracking of ...
MOSCOW, March 30. /TASS/. Russia's Natural Resources Ministry hopes to sign the agreement on the former "grey zone" in the Barents Sea in summer, Natural Resources Minister Sergey Donskoy told reporters. "To date everything is ready, the signing of the agreement is planned this summer at the next ...
Norway sees the Barents Sea zone as the most trustful zone for new resource discovery. Next year, Statoil, Norway's state oil and gas company plans to pay increased attention to the former "Grey Zone" and will drill 5-7 exploratory wells in the Barents Sea. Russia has already signed the agreement on ...
Statoil has applied to the authorities to sink three wildcats in the Barents Sea off Norway later this year using semi-submersible West Hercules. The Norwegian giant, set to be renamed Equinor, has apparently exercised an option to drill an additional well with the unit, having last month chartered it from ...
Scientists confirmed halibut living in the sea, though formerly specialists believed it lived only in the Norwegian or Greenland Seas. The Kara Sea is also rich in polar cod, capelin, in flounder, perch and snow crab. "We forecast a possible growth of crab, like it was in the Barents Sea," the official said.
Statoil (STO +0.4%) and its partners including Total (TOT +0.3%) say they plan to spend more than NOK5B ($642M) to develop the Askeladd field, which is part two of the multi-phased Snohvit development in the Barents Sea. The Askeladd field is expected to supply 21B cm of gas and 2M cm of ...
Polar scientists in Norway are now launching a large research project, named Nansen Legacy aimed at studying the rapid changes to the marine environment in the northern Barents Sea. Some 140 researchers are involved with a budget of 740 million kroner (€75 million). The Norwegian research ...
Heat shockwaves in the highest North. The archipelagos in the northern Barents Sea and Kara Sea were up to 11 centigrades warmer than average last winter. By ...
According to information from analysts at Divergente LLC, Rosneft plans to resume drilling in the Barents Sea this year and in the Kara Sea within two years in a work commitment that covers the entire Russian Arctic. Meanwhile, Gazprom subsidiary Gazpromneft-Sakhalin is looking for fields of its own.

ABERDEEN, UK – Add Energy and Trendsetter Engineering will provide well control support and access to their relief well injection spool (RWIS) to a well due to be drilled this spring in the Norwegian Barents Sea. If called on, the RWIS system should facilitate high rate kill requirements through a single ...
The Russian red king crab fishery in the Barents Sea has become the first king crab fishery in the world to achieve Marine Stewardship Council (MSC) certification. Next, the Association of Crab Catchers of North, the fishery client, plans to get the Barents Sea snow crab fishery the blue MSC tick. “Now we ...
One of the most high-profile wells to be drilled in 2017 was Statoil's (NYSE:STO) Korpfjell exploration well in the Barents Sea. The well found only a small non-commercial volume of gas, and contributed to a year of disappointing results for the region. In 2018, there are no similar multi-billion barrel potential ...
Halfdan Millang, head of Rosneft's Norwegian subsidiary RN Nordic Oil, says the Barents Sea must be developed as a new independent petroleum region. It is simply too far away from other infrastructure; it will be too expensive to add it to other existing areas with petroleum activities. “Should the area near ...
On February 1, 2018, Norwegian oil company Statoil signed a contract with Seadrill for the use of the 6th generation West Hercules. The total estimated contract value is $15-$20 million for the two permanent wells and options to drill another five exploration wells. Will SDRL be a good investment after the ...
Statoil (NYSE: STO) has contracted the West Hercules semisubmersible rig for its drilling campaign in the Barents Sea, the company said on Feb. 1. The rig has been contracted for drilling two exploration wells in the Barents Sea in 2018 and options to drill another five exploration wells. Statoil and the ...
Half will be in the Barents Sea, with an estimated exploration spend of $350 million. Its forecast production for 2018 is 155-160 MMboe/d, at a cost of around $12/boe, with capex this year of around $1.3 billion. In addition, the company expects to spend around $350 million on decommissioning. Among the ...
STAVANGER -- The West Hercules semisubmersible rig has been contracted for drilling two exploration wells in the Barents Sea in 2018, and options to drill another five exploration wells. Statoil and the licence partners have signed a contract with North Atlantic Norway Ltd for use of the 6th generation ...
OSLO, April 10 (Xinhua) -- The Norwegian government presented a proposal to parliament on Tuesday to develop the Johan Castberg oil field in the Barents Sea, with a planned production start date of the end of 2022. "The development of the Johan Castberg field is a gigantic industrial project with good ...
Lundin Norway, the wholly-owned subsidiary of Lundin Petroleum, has begun drilling 7220/11-5 well on the Alta discovery in PL609 in Barents Sea. Once the drilling is completed, this well will be used for extended well testing. Alta field, which was discovered in 2014, is located around 160km from the ...
Following completion of appraisal well 7220/11-5, it will be used for an extended well test. Alta was discovered in 2014 in license PL609 in the southern Barents Sea, 160 km (99.4 mi) from northern Norway. Lundin has drilled three successful appraisal wells to date on the structure, and is contemplating a ...
COM [Seafood News] - February 23, 2018 Barents Sea Russian Red King Crab Fishery First in World to Achieve MSC Certification Independent certifier Acoura Marine has awarded MSC certification to the Russian Red King Crab fishery in the Barents Sea, making them the first king crab fishery in the world ...
COM [Seafood News] - February 23, 2018 Barents Sea Russian Red King Crab Fishery First in World to Achieve MSC Certification Independent certifier Acoura Marine has awarded MSC certification to the Russian Red King Crab fishery in the Barents Sea, making them the first king crab fishery in the world ...
The Russian red king crab fishery in the Barents Sea has become the first king crab fishery in the world to achieve Marine Stewardship Council (MSC) certification. Next, the Association of Crab Catchers of North, the fishery client, plans to get the Barents Sea snow crab fishery the blue MSC tick. “Now we ...
Halfdan Milland, head of Rosneft's Norwegian subsidiary RN Nordic Oil, says the Barents Sea must be developed as a new independent petroleum region. It is simply too far away from other infrastructure; it will be too expensive to add it to other existing areas with petroleum activities. “Should the area near ...
One of the most high-profile wells to be drilled in 2017 was Statoil's (NYSE:STO) Korpfjell exploration well in the Barents Sea. The well found only a small non-commercial volume of gas, and contributed to a year of disappointing results for the region. In 2018, there are no similar multi-billion barrel potential ...
... Barents Sea, Motovsky Bay, near the island of Bolshoy Arsky, the sailor of 1995 b. fell overboard. The attempts made by the captain to find the fallen positive results were not given. The vessel followed the port of Ura-Guba, where, upon arrival at the port, the captain of the incident informed the ship-owner.
The Johan Castberg field in the Barents Sea will be developed with a ship-shaped floating production platform (FPSO). Kvaerner's scope includes fabrication of the topside modules, where the majority of the modules will be delivered from Norwegian yards. Kvaerner's state-of-the art facility at Stord will ...
On February 1, 2018, Norwegian oil company Statoil signed a contract with Seadrill for the use of the 6th generation West Hercules. The total estimated contract value is $15-$20 million for the two permanent wells and options to drill another five exploration wells. Will SDRL be a good investment after the ...
Statoil (NYSE: STO) has contracted the West Hercules semisubmersible rig for its drilling campaign in the Barents Sea, the company said on Feb. 1. The rig has been contracted for drilling two exploration wells in the Barents Sea in 2018 and options to drill another five exploration wells. Statoil and the ...
Half will be in the Barents Sea, with an estimated exploration spend of $350 million. Its forecast production for 2018 is 155-160 MMboe/d, at a cost of around $12/boe, with capex this year of around $1.3 billion. In addition, the company expects to spend around $350 million on decommissioning. Among the ...
STAVANGER -- The West Hercules semisubmersible rig has been contracted for drilling two exploration wells in the Barents Sea in 2018, and options to drill another five exploration wells. Statoil and the licence partners have signed a contract with North Atlantic Norway Ltd for use of the 6th generation ...
Russians Say King Crab Population Hit Record in Barents Sea in 2017 SEAFOODNEWS.COM by Eugene Gerden January 30, 2018 The population of Kamchatka crab in the Barents Sea reached a historical record in 2017 said Rybolovstvo. This may result in an increase of the total allowable catch by the ...
Norway wants to be selling CNY 10 billion (USD 1.6 billion, EUR 1,3 billion) worth of seafood per year in China by 2025, according to a Chinese representative of the Norwegian Seafood Council. Li Lu revealed the goal at an event to mark the “Barents Sea fishing season,” which was launched recently by ...
Over the last few years, Russia has opened a northern sea route across Siberia from the Barents Sea to the Bering Sea, which is being used by tankers, gas carriers and dry cargo ships. There has also been growth in the number of expedition cruise ships sailing off Alaskan islands and coast. “The US ...
U.S. companies are not allowed to take part in energy projects of Russia, in particular on the Arctic offshore, deepwater and shale oil exploration and production projects. Notably, Eni and Rosneft have three licenses in the Barents Sea and Black Sea. The companies also operate in the prolific Zohr gas field ...
Norway is looking at measures to overcome what it feels is a "big challenge" in the form of the under-profitability of its shrimp fleet. Fisheries minister Per Sandberg believes an increase in fishing effort is biologically justifiable, and his department is looking at measures to increase efforts in the Barents Sea.
A week ago, Norway's Petroleum Directorate then awarded a record 75 new exploration licences, eight of which are in Norway's Arctic Barents Sea, to Statoil, Aker BP Total, Shell, ConocoPhillips and other companies. "The number of licences is the highest ever awarded in a licencing round on the ...
In Gohta's case, the reduction is due to results from an appraisal well drilled last year, while for Alta, the change follows a review of all wells on the field completed in 2016 and 2017. Later this year the company plans an extended well test at Alta with a view to reducing reservoir uncertainty and providing the ...
OSLO (Bloomberg) -- After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country's hottest exploration area. “In the part of the Barents Sea that's currently open, you've sort of tried the elephants -- the big opportunities,” Bente Nyland, the head of the ...
The well, 7219/12-3S, drilled using the Leiv Eiriksson semisubmersible drilling rig, in PL533, in the southern Barents Sea, was dry, says operator Lundin. The main objectives of the well were to test the reservoir properties and hydrocarbon potential of the Upper Jurassic Hekkingen formation and Middle ...
Lundin reports dry well at Hurri prospect in the Barents Sea. 1/10/ ... Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the drilling of the Hurri exploration well 7219/12-3S located in PL533 in the southern Barents Sea.
A law suit brought by environmental campaigners against the Norwegian Government over its decision to award production licenses in the Barents Sea as part of the 23rd licensing round has been witheld. The 23rd round, which saw licenses awarded in May 2016, was the first time since 1994 that new ...


 

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