Barents News

 

Island Victory Vessel in Barents Sea Debut

Mar 04, 2020

Norwegian offshore vessel owner Island Offshore has informed that its Island Victory installation vessel – delivered in February – has finished mobilizing for its first campaign in the Barents Sea.Island Offshore said that the versatile vessel…

Geoprovider Releases Western Barents Sea Data

Feb 19, 2020

Norwegian seismic data company Geoprovider has released its first multi-client reprocessed 3D seismic dataset in the Western Barents Sea, offshore Norway.According to Geoprovider, the reprocessed broadband data covers 900 km2 of the Veslemøy…

Norway: 33 Firms Seek Blocks in Mature Areas

Sep 04, 2019

Thirty-three oil companies submitted bids for exploration blocks offshore Norway in a so-called predefined areas (APA) licensing round, the Ministry of Oil and Energy said on Wednesday.This year's round comprised 48 blocks in the Arctic Barents Sea…

Equinor Drills Dry Arctic Exploration Well

Jun 17, 2019

Equinor's exploration well drilled near its Korpfjell gas find in the Norwegian Arctic has proved to be dry, Norway's Petroleum Directorate said on Monday, in an area near the Russian offshore border the company had hoped would be oil rich.This…

NPD Bullish on Barents Sea

May 09, 2019

Norwegian Petroleum Directorate (NPD) said that its estimates indicate that more than half of the oil and gas that has not yet been discovered is located in the Barents Sea.The rest is distributed between the Norwegian Sea and the North Sea…

Equinor Lines up Sputnik Well in Barents Sea

May 06, 2019

Norwegian exploration firm Equinor has been given the green light to drill the Sputnik exploration well in the Barents Sea. Well 7324/6-1 will be drilled in about 449 meter water depth using Seadrill's West Hercules semisubmersible drilling rig in production licence 855…

CGG and TGS Partner for Greater Castberg Survey

Feb 11, 2019

CGG and TGS announced Monday they will conduct a 5,000 sq km survey of the Greater Castberg area in the Barents Sea.The project is supported by industry funding, and the survey will include the highly prospective Castberg area and cover existing…

Goliat Supply Vessel Connected to Shore Power

Jan 27, 2019

Vår Energi (formerly Eni Norge) and  Norwegian shipowner Simon Møkster Shipping have completed the first phase of hybrid power conversion of the Stril Barents vessel, currently working as a supply vessel on the Goliat field in the Barents Sea offshore Norway…

Norway Ready to Claim Share of Russia's Arctic Finds

Jan 10, 2019

Norway will step up preparations to claim its share of oil and gas resources if Russia finds petroleum on its side of a border in the Barents Sea, the head of Norwegian Petroleum Directorate (NPD) said on Thursday.Norway and Russia in 2010 agreed a maritime border in the Barents Sea…

Lundin to Drill Barents Sea Well

Nov 22, 2018

Europe's independent oil and gas exploration and production company Lundin Norway will drill and test a new exploration well in the Barents Sea, following approval by the Norwegian Petroleum Safety Authority (PSA).'Lundin is the operator for production licence 767…

Equinor Finds More Oil in Arctic Field

Oct 29, 2018

Norwegian oil and gas firm Equinor has found more oil near its Johan Castberg field in the Arctic Barents Sea, the company said on Monday.The Skruis exploration well, drilled about 8 kilometers north of the original discovery, indicated a volume of 12-25 million recoverable barrels of oil…

Lundin's Barents Sea Hurri well dry

Jan 10, 2018

Lundin Petroleum's Hurri exploration well in the Norwegian southern Barents Sea was dry. 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…

Environmentalists lose Barents Sea suit against Norwegian Government

Jan 05, 2018

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…

Fewer applicants in Norway's 24th licensing round

Dec 05, 2017

Norway's latest offshore licensing round, focusing on the Barents Sea and Norwegian Sea, has drawn fewer than half the number of companies than its previous round attracted.  Just 11 companies have applied for production licenses in the 24th licensing…

Barents under the spotlight

Oct 01, 2017

2017 is set to be a record year for exploration in the Barents Sea, with one prospect in particular getting most of the attention. Edison Investment Research’s Elaine Reynolds explores the scene. Tapping Korpfjell: the Songa Enabler…

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