Offshore Arctic News - page 2


Dry Well for Equinor at Spissa Prospect in Barents Sea

Dec 04, 2020

Norwegian energy company Equinor has drilled a dry well at the Spissa prospect in the Barents Sea, the Norwegian Petroleum Directorate said Friday.The exploration well, formally named 7018/5-1, was drilled around 100 kilometers southwest of the Snøhvit field…

Vår Energi Gets OK to Drill Production Wells at Goliat Field

Nov 23, 2020

Norwegian oil and gas company Vår Energi has been given consent to use Saipem's Scarabeo 8 drilling rig on the Goliat oil field in the Barents Sea, off Norway.Vår Energi will use the semi-submersible drilling rig for production drilling on the Goliat field…

US Moves to Loosen Safety Rules for Arctic Offshore Drilling

Nov 19, 2020

The Trump administration on Thursday proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off Alaska to ease the way for petroleum extraction in the region, an effort that President-elect Joe Biden will likely throw out once in office…

Norway to Offer 136 New Offshore Exploration Blocks in Barents Sea Push

Nov 19, 2020

Norway will offer oil firms exploration blocks in nine frontier areas in its latest licensing round, including eight regions of the Arctic Barents Sea and one in the Norwegian Sea, the Ministry of Petroleum and Energy and the Petroleum Directorate (NPD) said on Thursday…

Lundin's Polmak Well in Barents Sea Comes Up Dry

Nov 17, 2020

Lundin Energy has failed to find hydrocarbons at its Polmak exploration well in the Barents Sea, offshore Norway. The Sweden-based firm said Monday it had completed exploration well 7221/4-1, targeting the Polmak prospect in licenses PL609 and PL1027…

Equinor, Partners Eye Shore-Powered Cylindrical FPSO for Wisting Field in Barents Sea

Nov 12, 2020

Norwegian oil firm Equinor has awarded contracts for concept studies for the development of the Wisting discovery in the Barents Sea, off Norway. The studies are expected to further progress the project development towards a final concept select decision…

Norway: Top Court Starts Hearing on Arctic Offshore Exploration Blocks

Nov 04, 2020

Norway's top court began to hear arguments on Wednesday on the legality of awarding offshore oil licenses in the Arctic, in a landmark case that could stop the industry's expansion.The lawsuit, led by environmental groups Greenpeace Norway and Nature and Youth…

Russia: Gazprom Reports 'Record-high' Gas Inflow on Kara Sea Shelf

Nov 04, 2020

Following a recently announced gas discovery at an exploration well at the Kara Sea, off Russia's North, Gazprom has tested the upper levels at the same well at the Leningradskoye field, and has reported 'record high' results.'In the course of the exploration activities…

Fire-hit Hammerfest LNG Will be Shut for Up to a Year, Equinor Says

Oct 26, 2020

Norwegian oil company Equinor said Monday that its LNG plant, damaged in a fire on September 28, would be closed for up to a year for repairs.To remind, Equinor earlier this month said it expected to resume operations at the plant that processes…

Equinor Gets Clearance to Drill Barents Sea Wildcat

Oct 23, 2020

Norwegian energy giant Equinor has received approval to drill a wildcat well in the production license 960, in the Barents Sea, off Norway.Equinor will use Seadrill's 2008-built West Hercules semi-submersible drilling rig to drill the offshore well 7018/5-1 at the Spissa prospect…

Norway: Probe Launched after 26.5t Pipe Drops on Offshore Rig's Drill Floor

Oct 20, 2020

The Norwegian oil and gas safety body PSA Norway has launched an investigation into an incident that occurred last weekend aboard the West Bollsta semi-submersible drilling rig, just a week after the rig had started drilling its first-ever well…

Equinor's Fire-hit Arctic LNG Plant to Resume Operations on Jan. 1

Oct 13, 2020

Equinor's Melkoeya liquefied natural gas (LNG) plant in Norway is expected to resume output on Jan. 1, 2021, after it was damaged in a fire last month, the company said in a regulatory statement on Monday.The fire on Sept. 28 in one of the plant's…

Gazprom Finds "Substantial Amounts of Gas" in Kara Sea Field

Oct 12, 2020

Russian gas giant Gazprom has found a new gas deposit in the Kara Sea, at the Leningradskoye field of the Yamal gas production center.Gazprom said: 'As a result of drilling and testing of an exploratory well, commercial gas inflow was obtained with a flow rate of about 600…

West Bollsta Rig Set to Spud First Well for Lundin Energy

Oct 06, 2020

The West Bollsta semi-submersible drilling rig, managed by Seadrill, is currently in the Barents Sea, being towed to an offshore drilling location where it will drill its first well, the rig's AIS data shows. The drilling rig is on hire with the Swedish company Lundin Energy…

Lundin Boosts Barents Sea Presence with $125M Worth of Acquisitions

Oct 05, 2020

Swedish oil company Lundin Energy is expanding its oil and gas acreage in Norway through the acquisition of Idemitsu Petroleum's Barents Sea assets, including a stake in the Wisting oil discovery, for $125 million.Under the agreement announced Monday…

Current News

Seismic Firm Starts Review of Strategic Options, Including Potential Merger or Sale

RWE Qualifies as Bidder for 270MW French Floating Wind Tender

Drilling Contract Terminated for Sunken Jack-up Rig in Malaysia

Aker BP Gets Approval to Drill Mugnetind Offshore Prospect

Subscribe for OE Digital E‑News