The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 30/12-2 located in the North Sea offshore Norway.Well 30/12-2, to be drilled from the Deepsea Stavanger drilling rig is a wildcat well in production licence 986…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP, the oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf, a drilling permit for well 2/1-17 S located in the North Sea offshore Norway…
Energy firm Equinor has won permission to start its giant North Sea Johan Sverdrup oilfield in the autumn, the Norwegian Petroleum Directorate said on Monday.On Friday the company notified oil market participants that the 2.2-3.2 billion barrel field could begin oil shipments in October…
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…
The mega Johan Sverdrup field in the Norwegian NOrth Sea is expected to come on stream in October this year, one month ahead of schedule, operator Equinor announced on Thursday.The Johan Sverdrup development continues to progress well through the final stages of preparation for operations…
Aker BP has made an oil discovery in an area nicknamed NOAKA near the Alvheim field in the central part of the North Sea, the Norwegian Petroleum Directorate confirmed on Tuesday.Aker BP, operator of production licence 442, had announced the discovery earlier in July…
The Valhall Flank West topsides were installed on the Valhall field on Saturday, 14 months after the first steel was cut at Kvaerner’s yard in Verdal. Both the topsides and the jacket were delivered ahead of schedule, under budget and with no serious injuries…
The inherent risk associated with working in an offshore environment for oil, gas and wind energy production means transfer methods must fully consider and overcome challenges such as wind speed, sea state, visibility, temperature and vessel…
Norwegian E&P company Petrolia NOCO AS has appointed Linn Katrine Høie as its new managing director.Høie comes to Petrolia NOCO with broad experience from the energy sector, most recently working with digitization of field development in Aker BP…
Norwegian investment firm Aker could launch its planned initial public offering (IPO) of Aker Energy in late 2019 or in 2020, depending on when Ghana approves the development plan of its Pecan oilfield, the CEO said.The company, controlled by Norwegian billionaire Kjell Inge Roekke…
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for well 25/2-20 as per the the Resource Management Regulations.Well 25/2-20 in the North Sea will be drilled from the Odfjell Drilling's Deepsea Stavanger drilling facility…
U.S. oil major Exxon Mobil has hired investment bank Jefferies to sell the stakes it holds in oil and gas fields off the Norwegian coast, which could fetch up to $4 billion, banking sources said.Exxon said in June that it was looking to test market interest for its Norwegian upstream portfolio…
Norway’s government will earn around NOK 265 billion ($30 billion) taxing and taking up stakes in its oil and gas fields in 2019, and Norwegian production is on the rise. In contrast, Britain in 2019 will earn about GBP 1.1 billion ($1.34 billion)…
The original accommodation platform (QP) topside at Valhall in the southern part of the North Sea has been removed by Allseas' giant multipurpose heavy-lift construction vessel Pioneering Spirit, the field's operator Aker BP announced on Friday…
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a wildcat drilling permit for well 25/7-7, to be drilled from the Leiv Eiriksson drilling facility.The area in this license consists of parts of blocks 25/7 and 25/10…
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