OMV's Norway VP said the Wisting discovery in the Norwegian Barents Sea could contain more than 1 billion boe in place. Image of Eni's Goliat FPSO in the Barents Sea. David Latin stated the figure at an energy conference…
China Oilfield Services' 12-streamer HYSY 720 seismic vessel has completed the operations of two 3D seismic data acquisition in the Arctic Barents Sea recently. The campaign covered three blocks and follows a previous campaign covering 1820…
Norway's SeaBird Exploration is to carry out a long offset 2D multi-client survey in the Barents Sea. SeaBird and Lundin Norway jointly designed the survey of deep seismic profiles to be acquired in the Barents Sea during September-October 2016…
Statoil and Tullow Norge have entered an agreement for Statoil to increase its equity in four licenses on the Norwegian continental shelf (NCS), which includes the Wisting discovery in the Barents Sea. The deal includes Tullow transferring…
Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017, in addition to strengthening its position in the area through several transactions with other companies. Barents map…
Lundin Petroleum has started its 2016 exploration and appraisal campaign in the Loppa High area in the southern Barents Sea targeting 587-862 MMboe. The winterized Leiv Eiriksson semisubmersible drilling rig (pictured) has been contracted…
China's China Oilfield Services Ltd. (COSL) has been awarded a contract for 3D seismic acquisition covering a total area of over 4000sq km in Arctic waters. The contract is COSL's 'first great order' for 3D seismic operations in Arctic waters…
On first glance, the 23rd Norwegian Licensing Round doesn’t look too exciting. Ten licences split between 13 companies could be seen as a sign of the times for the exploration industry. However with a high level of committed wells, the opening of a new frontier…
The first exploration wells on new Barents Sea acreage, which has been opened to the industry for the first time, could be in place as early as next year, targeting billion barrels of oil equivalent prospects. Three new licenses in areas…
The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd licensing round. The round offers nearly 60 frontier exploration blocks with around half in the exciting new Arctic province of the Norwegian Southeast Barents Sea…
Statoil delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. Map of the 23rd licensing round, from Statoil. It…
Magseis announced that it has started a multi-client program in the Barents Sea. The survey builds on previous work conducted in the Barents Sea for Statoil and Lundin Petroleum and where the company’s Marine Autonomous Seismic System…
The Norway Petroleum Safety Authority (PSA) has granted Lundin Norway consent to drill exploration well 7220/6-2 in the Barents Sea in a prospect called Neiden. Lundin is the operator for production license 609 in block 7220/6 in the Barents Sea…
UK-based ASCO Group is to provide supply base services for Austrian operator OMV's operations in the Norwegian Sea and Barents Sea. The contract, ASCO's first with OMV, will last three years from 1 January 2016 with two, one-year option periods…
TGS signed an agreement with Thalassa Holdings/WGP to acquire P-Cable 3D seismic data in the Norwegian Barents Sea. The activity is expected to last for 90 days and will commence in April 2015. Also in the Barents Sea this week, several…
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