Barents Sea News

 

Norway to Offer Record Number of Arctic Oil, Gas Exploration Blocks

Jan 24, 2023

Norway on Tuesday said it plans to offer energy firms a record number of oil and gas exploration blocks in the Arctic as it seeks to prolong its hydrocarbon production, while green campaigners criticized the risk to the environment. The Nordic country, Europe's largest gas supplier and a major crude exporter, proposes to offer 78 blocks to energy firms in the Barents Sea, the highest number since the so-called APA licensing round began in 2003…

Aker BP in Drilling, Well Alliances with Noble Corp, Odfjell Drilling, Halliburton

Jan 12, 2023

The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…

Wintershall Dea Targets Record 200,000 boed Production from Norway in 2023

Jan 11, 2023

Germany's Wintershall Dea aims to produce a record 200,000 barrels of oil equivalent per day (boed) from Norwegian oil and gas fields in 2023 and will continue to expand its business there, the head of the company's Norwegian unit told Reuters…

Norway Awards 47 Offshore Oil and Gas Exploration Licenses

Jan 10, 2023

Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…

Vår Energi Makes Norway's 'Largest Discovery of 2022' in Barents Sea

Dec 23, 2022

Norway's Vår Energi, majority owned by Italy's Eni, said on Friday it had made a gas discovery near the Goliat field in the Arctic Barents Sea, supporting the group's long-term plans to expand in the area. 'This is the largest discovery on the…

Equinor Submits Plan for Snøhvit Future Project. Power From Shore, Onshore Compression for Hammerfest LNG

Dec 20, 2022

Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, on Tuesday submitted a plan for development and operation (PDO) of Snøhvit Future to the Norwegian Minister of Petroleum and Energy…

Barents Sea: Equinor Starts Production from Askeladd Offshore Field

Dec 12, 2022

The Norwegian oil and gas company Equinor has started production from the Askeladd offshore field in the Barents Sea.The first phase of Askeladd will bring 18 billion cubic meters of gas and two million cubic meters of condensate to the market via the Hammerfest LNG plant on Melkøya…

Norway Delays 26th Oil Licensing Round

Nov 29, 2022

Norway will not issue licenses for energy companies to explore for oil and gas in frontier areas during the life of the current parliament, which ends in 2025, its oil and energy minister told Reuters on Tuesday.The decision to postpone the…

Equinor to Drill 25 Offshore Exploration Wells in Norway in 2023

Nov 29, 2022

Norwegian major Equinor plans to drill 25 exploration wells off the Nordic country next year, compared with 22 wells this year, most of them in the North Sea, a senior executive said on Tuesday. A 'small handful' of wells will be drilled in the Norwegian and Barents Seas each…

Equinor to Issue Complementary Assessment for Wisting Oil Field Project

Oct 24, 2022

The Norwegian energy giant Equinor said Monday it would issue a complementary assessment for the Wisting oil field development in the Barents Sea for public consultation.'The complementary assessment elaborates some key subjects from the impact assessment…

Norway's Aker BP to Drill Wells in Arctic Barents Sea, CEO Says

Aug 29, 2022

Aker BP plans to drill up to 15 exploration wells next year, including in the Arctic Barents Sea, Aker BP Chief Executive Karl Johnny Hersvik said on Monday.'Our plan is to drill somewhere in the range of 12-15 wells and I'm assuming we will have the same level going forward…

Oil Companies Must Boost Offshore Exploration in Norway to Unlock Potential, NPD Says

Aug 25, 2022

Oil companies in Norway must increase their exploration activity in remote regions like the Arctic Barents Sea for the country to find the remaining reserves of oil and gas beneath its oceans, the Norwegian Petroleum Directorate said on Thursday…

Barents Sea: Equinor Makes Oil and Gas Find in Johan Castberg Area

Jun 09, 2022

Equinor has made an oil and gas discovery Skavl Stø, an exploration well 7220/8-3, in the Johan Castberg area.The well was drilled five kilometers south-southeast of the discovery well 7220/8-1 210 kilometers northwest of Hammerfest in the production licence 532…

Norway's Hammerfest Plant Resumes LNG Production almost Two Years After Fire

Jun 02, 2022

Norway's Hammerfest liquefied natural gas plant has restarted LNG production following a fire almost two years ago, boosting the country's gas exports, operator Equinor said on Thursday.The company last week told Reuters the plant had completed repairs and was preparing to restart output…

Equinor Makes Oil Discovery Near Johan Castberg Field in Barents Sea

May 25, 2022

Norwegian oil and gas company Equinor has made an oil discovery at the Snøfonn Nord exploration well in the Johan Castberg area in the Barents Sea, off Norway.According to Vår Energi, Equinor's partner in the license, the exploration well, in PL 532…

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