updated Fri. October 4, 2024
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Oilfield Technology
February 7, 2018
Within the next few years, it should yield roughly 2.5 billion m3 of gas annually,” said Piotr Wozniak, President of the PGNiG SA Management Board. Discovered in April 2010, Fogelberg is located in licence PL433 in the Norwegian Sea. The drilling operations are being supervised by Spirit Energy Norge,ÃÂ ...
Offshore Oil and Gas Magazine
February 7, 2018
SINGAPORE – Rex International Holding's 90%-owned subsidiary Lime Petroleum has entered into an agreement to sell its 20% interest in license PL762 in the Norwegian Sea to an unnamed buyer. The sale is pending regulatory approval. Rex plans to re-focus its Norwegian asset portfolio on areasÃÂ ...
Oilfield Technology
February 7, 2018
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A & 4S in the Norwegian NorthÃÂ ...
Platts
February 5, 2018
Norwegian gas transmission system operator Gassco reported reduced gas flow from the giant Troll field in the Norwegian Sea Monday. Within-day gas volumes are expected to be reduced by 11.0 million cubic meters, with no impact on day-ahead gas. Troll hit by process problems Sunday; MondayÃÂ ...
Offshore Oil and Gas Magazine
February 5, 2018
ABERDEEN, UK – The semisubmersible Island Innovator has spudded an appraisal well for Spirit Energy on the Fogelberg oil and gas discovery in the Norwegian Sea. According to partner Faroe Petroleum, the well on license PL433 could be followed by a side track. The discovery well 6506/9-2 SÃÂ ...
London South East (blog)
February 5, 2018
"Looking ahead to Faroe's 2018 exploration programme, we continue drilling on the Iris/Hades exploration well in the Norwegian Sea, before drilling the Rugne and Cassidy prospects later in the year," Faroe Chief Executive Graham Stewart said. Faroe shares were down 3.0% at 103.20 pence earlyÃÂ ...
Alaska Dispatch News
February 5, 2018
The northern lights color the sky over the Norwegian Sea in Unstad, Norway, a remote town between two mountains in the Lofoten Islands, Oct. 8, 2016. (Leslye Davis/The New York Times). — Johanna Erkkila is a hotel entrepreneur in Sirkka, Finland: "It's difficult to describe the landscape during KaamosÃÂ ...
E&P
February 5, 2018
Faroe Petroleum Plc said Feb. 5 it has commenced the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%). Faroe announced the Fogelberg oil and gas discovery in license PL433 in April 2010. The 6506/9-2 S well encountered gas andÃÂ ...
The Maritime Executive
February 4, 2018
Further to the north, 1,600 meters under the Norwegian Sea, is the Komsomolets nuclear submarine, which sank with a reactor and two nuclear warheads in 1989. And that's just the submarines. Between 1963 and 1972, the Soviet Navy intentionally sank some 17,000 tons of solid radioactive waste,ÃÂ ...
Offshore Oil and Gas Magazine
February 2, 2018
Planned operations include infill drilling at the Tambar field, production drilling at Ivar Aasen, production and P&A activity at Valhall (all in the North Sea), and exploration drilling in both the North Sea and Norwegian Sea. In total, the company plans to participate in 12 exploratory wells this year, seven asÃÂ ...
Undercurrent News
January 20, 2018
Norwegian pelagic landings in 2018 continue to get off to a slow start, with fishing in week two limited by poor weather, according to the Norwegian herring sales association, or Sildelaget. Catches of Atlanto-Scandic herring totaled 16,000 metric tons, with the highest volumes taken in the Norwegian Sea,ÃÂ ...
Nasdaq
January 20, 2018
Out of this, 66 were located in the North Sea, 17 in the Norwegian Sea and two in the Barents Sea. In 2017, five new fields were brought online, in which 36 exploration wells were drilled on the NCS. 11 new discoveries were made and another nine were still under development at the end of the year.
Rigzone
January 19, 2018
Last month, CHC revealed that it had secured a new contract with Centrica to provide helicopter services in support of a forthcoming drilling program at the Fogelberg field in the Norwegian Sea. The award followed several contract wins in 2017, including a two-year contract to support one of Australia'sÃÂ ...
Offshore Oil and Gas Magazine
January 17, 2018
Forty-five of the licenses are in the North Sea, 22 in the Norwegian Sea, and eight in the Barents Sea. Twenty-two licenses are additional acreage to existing production licenses, while three more are divided stratigraphically, only relating to levels below/above a defined stratigraphic border. “It is positiveÃÂ ...
The Independent Barents Observer
January 17, 2018
Of the 74 new licenses, 45 are in the North Sea, 22 in the Norwegian Sea and 8 in the Barents Sea. Statoil is the big winner with a total of 17 operatorships. Company AkerBP gets 14 operatorships, while Lundin gets six, half of them in the Barents Sea. American company ConocoPhilips is represented withÃÂ ...
OE Digital
January 16, 2018
Of the 75 licenses, 45 are in the North Sea, 22 in the Norwegian Sea and eight are in the Barents Sea (8). Statoil has picked up the most. It will pick up interests in 31 licenses, with operatorship of 17 of those. Statoil is followed by Aker BP, which has stakes in 23 licenses, and operatorship of 14 of those.
Energy Voice
January 16, 2018
Many of the new licences have been issued within the expanded APA area in both the Barents Sea and Norwegian Sea. Of the 75 production licences, 45 are in the North Sea, 22 in the Norwegian Sea and 8 in the Barents Sea. Shell, Total, Maersk Oil, and Statoil have all been awarded licences.
OilPrice.com
January 15, 2018
The disappointing Barents Sea campaign led to just 11 companies applying for production licenses in Norway's 24th licensing round that offered 93 blocks in the Barents Sea and 9 blocks in the Norwegian Sea. Statoil, Aker BP, and Lundin were all applying, but the NPD said that “The applicant landscapeÃÂ ...
Offshore Oil and Gas Magazine
January 10, 2018
The consultant forecasts 35 exploratory wells across the sector in 2018, many related to near-field activity in the North Sea and around the deepwater Aasta Hansteen gas/condensate complex in the Norwegian Sea. Most of the frontier wildcat wells, however, will be in the Barents Sea where companies willÃÂ ...
Oil & Gas 360
January 2, 2018
Nine blocks are located in the Norwegian Sea and 93 in the Barents Sea. The government aims to award new production licenses during the first half of 2018. “New exploration acreage promotes long-term activity, value creation and profitable employment in the petroleum industry across the country,” saidÃÂ ...
Energy Business Review
December 20, 2017
VNG Norge, on behalf of the licensees in PL586, has submitted a development plan for the Fenja field in the Norwegian Sea to the Norwegian Ministry of Petroleum and Energy. The license partners are planning to invest NOK10.2bn ($1.2bn) in the Fenja field development, which is expected to startÃÂ ...
The Times
December 31, 1999
Faroe Petroleum, an independent oil and gas company focusing on exploration, appraisal and production opportunities in Norway and Britain, has sold a 17.5 per cent stake in the Fenja field in the Norwegian Sea to Suncor Energy Norge for $54.5 million. Faroe, based in Aberdeen, kept a 7.5 per centÃÂ ...
Rigzone
December 31, 1999
Independent oil and gas company, Faroe Petroleum plc, has agreed to sell part of its stake in the Norwegian Sea's Fenja development to Suncor Energy Norge AS. As part of the deal, Faroe will divest a 17.5 percent working interest in Fenja, located in PL586, for a cash consideration of $54.5 million. FaroeÃÂ ...
Rigzone
December 31, 1999
Half of the wells were drilled in the Barents Sea, twelve in the North Sea and five in the Norwegian Sea. Eleven discoveries were made, compared with 18 in 2016. All of the discoveries were relatively minor but several could become profitable developments if they are tied in to fields currently in operation,ÃÂ ...
OE Digital
December 31, 1999
The NPD states that in 2017, 34 exploration wells were completed, three fewer than the previous year. Half of the wells were drilled in the Barents Sea, 12 in the North Sea and five in the Norwegian Sea. Eleven discoveries were made, compared with 18 in 2016. All of the discoveries were relatively minor,ÃÂ ...
Offshore Oil and Gas Magazine
December 31, 1999
Last year, 34 exploration wells were completed, three fewer than in 2016, comprising 17 in the Barents Sea, 12 in the North Sea, and five in the Norwegian Sea. These resulted in finds, seven less than the year before, although all were relatively minor. However, some could be developed profitably if tied inÃÂ ...
Seattle Times
December 1, 2017
Close to Kristiansund airport in Kvernberget on the west coast, near the Norwegian Sea, I had driven toward the Atlantic where a trippy highway, known as the Atlanterhavsvegen (Atlantic Road), an amazing engineering feat, twisted and turned over the islands, more like the tracks of a roller coaster looping ...
insider.co.uk
December 1, 2017
Oil and gas explorer Faroe Petroleum has kicked off a 90-day drilling programme at the Aerosmith exploration well in the Norwegian Sea. Last week the North Sea focused group successfully raised $100 million (£74.2 million) issuing a senior unsecured bond in the Nordic bond market.
Stock Market Wire
November 30, 2017
StockMarketWire.com - Faroe Petroleum has announced the commencement of the Iris/Hades (Aerosmith) exploration well, 6506/11-10 in licence PL644/PL644B in the Norwegian Sea. The well is located in the Halten Terrace some 200 kilometres offshore and adjacent to the producing Morvin and ...
OE Digital
November 28, 2017
French oil major Total is to sell out of its delayed Martin Linge development and the Garantiana discovery offshore Norway, in a US$1.45 billion deal with part-state-owned operator Statoil. Statoil will take Total's 51% stake in Martin Linge, in the Norwegian Sea, taking its total stake to 70%. Statoil will also ...
Splash 247
November 23, 2017
... a contract by DEA Norge for semi-submersible rig Transocean Arctic to drill four production wells at the Dvalin field in the Norwegian Sea.
WRAL.com
November 22, 2017
April 7, 1989: Soviet nuclear submarine K-278 Komsomolets sinks in the Norwegian Sea after a fire causes complete loss of power. Some of ...
Natural Gas World
November 22, 2017
DEA has contracted a rig to drill production wells on its Dvalin gas field development in the Norwegian Sea but has just received less cheering ...
Offshore Technology
November 21, 2017
OMV (Norge) has received a drilling permit from the Norwegian Petroleum Directorate (NPD) for well 6506/11-10 within production licence 644 B, which is located in the Norwegian Sea. The permit was provided under Section 8 of the Resource Management Regulations. The area in the licence also ...
Oilfield Technology
November 17, 2017
OMV Norge AS (OMV) is the operator for production licence 644 in the Norwegian Sea. Consent has been given to drill exploration well ...
Interfax Global Energy
November 15, 2017
Oil and gas company OMV Norge has received the go-ahead by Norway's Petroleum Safety Authority to drill exploration well 6506/11-10 and ...
International Airport Review
November 9, 2017
The Faroe Islands are located between the North Atlantic and the Norwegian Sea, about 200km off the north coast of mainland Scotland.
Mashable
November 9, 2017
The Faroe Islands are home to around 50,000 people. Being hilly and separated from mainland Europe by the Norwegian Sea, they aren't ...
Offshore Oil and Gas Magazine
November 9, 2017
STAVANGER, Norway – ENGIE E&P has raised its estimates of recoverable resources from the Cara oil and gas discovery in license PL 636 in ...
Seeking Alpha
November 9, 2017
... somewhat sequentially - the North Sea, then the Norwegian Sea and then the Barents Sea; 3) the NPD includes as discoveries 'hydrocarbon ...
Energy Voice
November 8, 2017
... Europe's major offshore gas/condensate field developments, Ormen Lange in the Norwegian Sea and Laggan-Tormore west of Shetland.
Dispatch Tribunal
November 2, 2017
... appraisal, development and production licenses in the West of Shetland, the North Sea, Norwegian Sea, Barents Sea and the Celtic Sea.
Offshore Oil and Gas Magazine
November 2, 2017
LONDON – Chrysaor has completed acquisition of a package of UK North Sea interests from Shell for $3 billion, subject to adjustments.
Mirror.co.uk
November 2, 2017
Patrick Dykstra, 38, was filming killer whales feeding on a shoal of herring in the freezing Norwegian sea when the 15-ton beast lunged towards ...
Offshore Oil and Gas Magazine
November 2, 2017
LYSAKER, Norway – Three wells at Aker BP's Skarv field in the Norwegian Sea are currently shut in due to technical issues.
Offshore Oil and Gas Magazine
November 1, 2017
... suspended on the 40,000-sq km (15,444-sq mi) Atlantic Margin 3D AM17 project in the central-southern Norwegian Sea ahead of the winter ...
The Sun
November 1, 2017
The 15-ton beast lunged towards Patrick Dykstra, 38, while feeding on a shoal of herring in the freezing Norwegian sea. Patrick Dystra, left, was ...
HuffPost
November 1, 2017
... Canadian Arctic Archipelago, the Greenland Sea, the Norwegian Sea, the Barents Sea, the Kara Sea, the Laptev Sea, the East Siberian Sea, ...
Undercurrent News
October 26, 2017
Norwegian salmon farming firm Akvafuture has filed an application to build and stock closed-containment units in Eyjafjordur, Iceland. The filing ...
Platts
October 23, 2017
The 480-km, 70 million cu m/d capacity Polarled line links the planned Aasta Hansteen gas field in the Norwegian Sea to the Nyhamna gas ...
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