Norwegian Sea News

Equinor and Petoro Make Asset Swap Deal for Several Fields Offshore Norway

May 14, 2024

Energy firms Equinor and Petoro have entered into a value-neutral asset swap agreement for the Haltenbanken area, including the Heidrun and Tyrihans producing fields, offshore Norway.Equinor will increase its ownership in the Heidrun field and…

Vår Energi Sells Norne Assets to DNO and Increases Ringhorne East Stake

May 08, 2024

Norwegian oil and gas company Vår Energi has sold stakes in five oil and gas fields in the Norne area in the Norwegian Sea for $51 million to DNO Norge, which in turn will transfer its stake in the Ringhorne East unit to Vår Energi.The transaction…

Equinor Contracts Ocean Installer for Gas Field Work Offshore Norway

Mar 27, 2024

Ocean Installer has secured a new Subsea Line Modification (SLM) project award from Equinor on Åsgard A floating storage and offloading vessel (FPSO), located in the central part of the Norwegian Sea.The scope of work on Åsgard A covers recovery of two risers…

Optime Subsea to Deliver Two ROCS for Deepest Gas Field Offshore Norway

Mar 21, 2024

Optime Subsea has been contracted by Equinor to deliver two Remotely Operated Control Systems (ROCS) for use at the operator’s Irpa field development in the Norwegian Sea.Optime Subsea will manufacture the two ROCS systems at the company’s headquarter in Notodden…

Wintershall Dea Ups Resource Estimate for Norwegian Sea Discovery

Feb 29, 2024

German oil and gas company Wintershall Dea has increased resource estimates for a gas/condensate discovery near the Dvalin field in the Norwegian Sea, following the drilling of an appraisal well with Transocean Norge rig.Wintershall Dea's appraisal…

Odfjell Technology Set to Upgrade Heidrun FSU

Jan 19, 2024

Odfjell Technology has secured a contract from OSM Thome to provide upgrade and modification services on the Heidrun B Floating Storage Unit (FSU), owned by Equinor and partners.Under the contract, Odfjell Technology will provide engineering…

Norway Offers 24 Companies Ownership Interest for Oil and Gas Licenses

Jan 16, 2024

Norwegian government has offered 24 companies ownership interests in 62 production licenses on the Norwegian shelf in pre-defined areas (APA) 2023, Norway's regulator of the petroleum resources informed.The awards, unveiled on January 16, 2024…

Equinor Bites Dust in North Sea Offshore Norway

Jan 11, 2024

Equinor’s exploration well 30/4-4 in the North Sea has come up dry, Norway’s regulator of the petroleum resources Norwegian Offshore Directorate has informed.The well was drilled about seven kilometers north of the Martin Linge field in the North Sea and 180 kilometers west of Bergen…

Norwegian Sea: Equinor's First Well in PL 1058 Confirmed Dry

Oct 24, 2023

Equinor, the Norwegian oil and gas company, has finalized the drilling of the wildcat well 6307/1-2, located 36 kilometers to the south of the Njord field in the Norwegian Sea. The well has been confirmed as dry.This is the first well drilled in the production licence 1058…

Play Opener: DNO Makes Gas Condensate Discovery Offshore Norway

Sep 19, 2023

Norwegian oil and gas company DNO announced on Tuesday a gas condensate discovery on the Norma prospect in the Norwegian North Sea.Preliminary evaluation of the discovery indicates gross recoverable resources in the range of 25–130 million barrels of oil equivalent (MMboe) on a P90-P10 basis…

Equinor Gets Green Light for Norwegian Sea Well Drilling

Aug 18, 2023

Norwegian oil and gas firm Equinor has received consent from the Petroleum Safety Authority Norway for exploration drilling in the Norwegian Sea.The consent is for drilling in the production license 1058 for the JDE prospect (Well 6307/1-2 JDE)…

Shearwater in 'Pioneering' Seismic Survey Project Offshore Norway

Jul 14, 2023

Offshore seismic survey specialist Shearwater on Friday announced a new project with the Austrian oil firm OMV for a 'pioneering' towed streamer survey with Ocean Bottom Nodes over the Berling gas and condensate discovery in the Norwegian Sea…

Aker BP Raises Guidance after Q2 Profits Jump on Record Oil Production

Jul 13, 2023

Norwegian oil group Aker BP on Thursday reported a rise in second-quarter earnings that matched expectations as record production offset weaker prices for oil and gas, and lifted its full-year production outlook. Norway's second-largest listed oil company…

Transocean Secures $172 Million Offshore Drilling Contract Extension in Norway

Jul 05, 2023

Offshore drilling contractor Transocean Ltd. said Wednesday that six one-well options had been exercised for the Transocean Encourage semi-submersible drilling rig in Norway. While Transocean did not specify who the client was, the harsh-environment…

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