Odfjell Drilling signed a contract with Wellesley Petroleum for one firm exploration well, plus an optional well testing and sidetrack, on the Norwegian Continental Shelf (NCS) using Odfjell Drilling's Deepsea Bergen semisubmersible. Drilling…
The Norwegian Petroleum Directorate (NPD) has launched a consultation on a new act on mineral recovery on the Norwegian Continental Shelf. The move comes after the ministry took over responsibility for the exploration and recovery of…
Fractured basement explorer Hurricane Energy is closer to proving its Halifax discovery is linked to its Lancaster field, forming a single field, which would be the UK's largest undeveloped discovery on the UK Continental Shelf. Hurricane…
Maersk Oil is planning to cut 160 jobs from its Danish business unit following an 'organizational review.' The firm said the results of the review of the Danish business unit would 'simplify its organization to improve efficiency,' and create a more cost-efficient operating model…
Maersk Oil is to shut in its Tyra field offshore Denmark in a move that could impact a string of other fields on the Danish Continental Shelf. Maersk Oil says it was unable to find an economic strategy for full recovery of the remaining resources in the field…
Norway’s Petroleum Safety Authority (PSA) has granted Faroe Petroleum Norge consent to takeover operatorship from DONG E&P Norge of the Oselvar and Trym fields in the North Sea. Earlier this week, Faroe completed the acquisition deal…
Aker BP has completed the integration after the merger between Det norske oljeselskap and BP Norway. Aker BP now operates as one organization with considerable ambitions on the Norwegian Continental Shelf. “Aker BP has been through extensive integration work since we announced the merger…
The Russian government is temporarily banning new licenses for offshore field development on the Russian Arctic shelf, the Minister of Natural Resources and Environment Minister Sergei Donskoi has said. The move appears to be aimed at focusing investment on existing development projects…
Wood Group has been awarded a new engineering services framework agreement by DONG Energy, to support the firm's oil and gas assets across the Danish, Norwegian and UK continental shelves. Front end development, maintenance and modifications…
Pipeline flushing is being given a breath of fresh supercritical CO2, thanks to technology developed by Denmark’s Ocean Team. A SCCO2 unit from Ocean Team. Photo from Ocean Team. Pipeline…
Norway’s Ministry of Petroleum and Energy has given Statoil the green light to move forward with the development of its unmanned Oseberg Vestflanken 2 project that is expected to tap some 110 MMboe in the North Sea. Illustration…
Statoil has agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK license for the Utgard field, which straddles the Norwegian and UK median line. The move will see Statoil increase its holding in the license to 100%…
Norway's Det norske has agreed to acquire fellow explorer Noreco’s Norwegian license portfolio, effective 1 January 2016. The license portfolio consists of seven licenses on the Norwegian Continental Shelf, including a 20% stake in the Gohta discovery (PL492) in the Barents Sea…
Norway’s decommissioning market has the potential to be the second largest in the North Sea after the UK Continental Shelf, according to Oil & Gas UK’s first Norwegian Continental Shelf Decommissioning Insight report. The report, which provides a forecast for the region over the next decade…
Semi-state owned Danish energy company DONG Energy has decided to keep its exploration and production business ahead of floating on the stock market. But, the firm said its exploration and production business will have to 'adapt to the significant decline in oil and gas prices…
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