Norwegian oil and gas company OKEA has agreed to acquire a 28% stake in offshore block PL037, in Statfjord Area, offshore Norway, from Equinor for an initial fixed consideration of $220 million.The Statfjord Area comprises the Statfjord Unit, Statfjord Øst Unit, Statfjord Nord and Sygna Unit. The Statfjord Unit development covers the Statfjord A, B and C concrete gravity-based platforms. The other fields are subsea developments tied back to the main field platforms…
The Norwegian Ministry of Petroleum and Energy on Friday offered two new exploration licenses related to CO2 storage on the Norwegian continental shelf in the North Sea.The two exploration licenses offered are located in the southern part of the North Sea…
Five companies have applied for an area in the Norwegian section of the North Sea for potential storage of CO2, The Norwegian Ministry of Petroleum and Energy said Monday.According to the plan, acreage will be awarded in the first half of this year…
Oil and gas company Wintershall Dea, with its partners Petoro and Sval Energi, have filed a plan for development and operation for the Dvalin North field in the Norwegian Sea.According to the partners, the Dvalin North, which they describe as the largest discovery in Norway in 2021…
The Norwegian oil and gas company OKEA cut its output guidance for 2023 on the back of the news that the Wintershall Dea Norge-operated Nova field offshore Norway may have limited production next year.The Nova subsea field, sits about 120 kilometers northwest of the city of Bergen…
The Norwegian Petroleum Directorate said that two companies were on Wednesday offered exploration permits for CO2 storage in an acreage in the Norwegian part of the North Sea.'An announcement regarding this acreage was made in April this year…
The Norwegian arm of Austrian energy and petrochemicals company OMV has confirmed that the Oswig exploration well in the Norwegian North Sea has made a gas-condensate discovery. OMV (Norge), as operator, said that it and its partners had now…
The Norwegian Ministry of Petroleum and Energy said Tuesday it had received applications from 26 oil and gas companies in connection with APA (Awards in predefined areas) annual offshore acreage licensing rounds.Shell, Equinor, Inpex, TotalEnergies…
Oil and gas company Wintershall Dea has found no hydrocarbons Brage South exploration well (31/4-A-13 C), offshore Norway, and will plug and abandon it. The news was shared by the Norwegian oil and gas company OKEA, which in May entered into…
Norwegian oil company Aker BP has struck gas at the Storjo offshore exploration well in the Norwegian Sea.According to Aker BP, the well 6507/2-6, drilled using Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig, has encountered gas in several geological formations…
German oil and gas company Wintershall Dea has agreed to sell a 35.2% share in the Brage field and a 6.46% share in the Ivar Aasen field, as well as 6% of the Nova development, all offshore Norway, to the Norwegian oil firm OKEA.OKEA will pay a fixed consideration of USD 117…
Oilfield services firm TechnipFMC has said it has won a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract with Wintershall Dea Norge AS for its Maria revitalization project, offshore Norway. For TechnipFMC…
Rex International's subsidiary Lime Petroleum has completed its 20 percent farm-in to each of the respective licenses PL867 and PL867B Gjegnalunden in the Norwegian part of the North Sea from operator Aker BP.Lime now holds a 20 percent stake in each of the two licences…
Oil and gas company Lime Petroleum received approval from the Norwegian authorities to acquire Repsol’s 33.8434 stake in the Brage field in the North Sea, offshore Norway.'With this approval, the acquisition is expected to be completed by December 31…
German oil and gas firm Wintershall Dea has started drilling production wells at its Nova field in the Norwegian North Sea.Using Saipem's Scarabeo 8 semi-submersible rig, Wintershall Dea will drill three production wells and three water injection wells through two subsea templates…
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