American multinational energy corporation ConocoPhillips has submitted a plan for development and operation (PDO) for a redevelopment of the Tor field in the Greater Ekofisk area in the North Sea.According to the Norwegian Petroleum Directorate (NPD)…
ExxonMobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said.Two years ago the U.S. major – the world's largest oil company – sold its operated assets in the area. But it has retained stakes in more than 20 other fields…
Norwegian oil firm Okea predicts all oil majors, except Norway's Equinor, will leave the Norwegian continental shelf in 10 years, opening up opportunities for smaller, independent firms, its chief executive said on Tuesday.The British and Norwegian sections of the North Sea…
Norway's oil and gas output could be cut by about 440,000 barrels of oil equivalents per day, or about 11% of total production, if workers go on strike from June 4, industry association Norwegian Oil and Gas (NOG) said on Monday.A government…
Around 200 Norwegian offshore oil and gas workers plan to go on strike on June 4 unless pay negotiations lead to a deal with employers, the Lederne labour union said on Wednesday.A strike would hit seven offshore fields and at least two of those would have to shut production…
On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is also struggling, Rystad Energy said.'Currently we see unplanned outages at Oseberg and Flotta with combined impact of 160…
Production at oilfields that feed into North Sea crude grade Flotta Gold has been shut down due to repairs on the main pipeline to the export terminal in Scotland, a spokesman for the terminal operator said.'We are carrying out repairs to a…
TechnipFMC said it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters…
Oil production in the North Sea will drop by 330,000 barrels per day (bpd) month-on-month in June 2019 as Ekofisk closes for planned work, according to Rystad Energy’s latest forecast.“Production is expected to remain stable through April 2019…
The Ekofisk oilfield in the North Sea will undergo planned maintenance in June, two industry sources said on Wednesday.The work, which will reduce supply of Ekofisk crude, will start on June 2, one of the sources said. Ekofisk is one of the…
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 2/6-6S, targeting the Oppdal and Driva prospects in PL860 in the North Sea. Both targets were dry…
North Sea explorer Spirit Energy has been given the green light from Norwegian Petroleum Directorate (NPD) to start up its first operated development in Norway.Oda is a subsea development where the wellstream is sent on to the Ula platform for processing and transport…
French oil major Total is to sell out of its delayed Martin Linge development and the Garantiana discovery offshore Norway, in a US$1.45 billion deal with part-state-owned operator Statoil. Statoil will take Total's 51% stake in Martin Linge…
ConocoPhillips has been asked to provide for more information about their plugging and abandonment operations in the Ekofisk field, specifically around how their permanent well barriers meet regulatory requirements from a long-term perspective…
Semco Maritime has won a contract to upgrade the West Elara jackup rig for a new, long-term assignment for ConocoPhillips, starting in 2018, in the Norwegian North Sea. The contract is the largest for Semco Maritime's Hanøytangen yard to date…
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