"Balder X" News

Vår Energi Strikes Oil in North Sea

Apr 17, 2024

Norwegian oil and gas company Vår Energi has made an oil discovery at Ringhorne Nord in the North Sea, while drilling the exploration well with Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in wells 25/8-23 S and 25/8-23 B…

Esgian Week 16 Report: Rigs on the Move

Apr 21, 2024

Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar…

KCA Deutag Secures Contract Extension with Vår Energi on North Sea Platform

Feb 21, 2024

Oil and gas drilling services company KCA Deutag has secured a two-year contract extension for the provision of offshore drilling and maintenance services on the Ringhorne platform in the Norwegian North Sea from operator Vår Energi.The award…

Vår Energi Comes Up Dry in Norwegian North Sea

Feb 14, 2024

Norwegian oil and gas company Vår Energi has drilled two wells in the North Sea offshore Norway, both of which were dry.The wells 25/7-12 S and A, were drilled in production license 917, 200 kilometers northwest of Stavanger, that was awarded in 2017…

SubseaPartner Inks North Sea Offshore Contract

Dec 07, 2023

Norwegian Diving Contractor, SubseaPartner, won a contract for the 2024 season, work awarded by OceanInstaller for end-client Vår Energi as part of the Balder Future Project.The first phase of work encompasses engineering, planning, design, fabrication…

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

Sep 29, 2023

Oilfield services giant Baker Hughes said Friday it had secured two 'major' contracts from the Norwegian oil and gas company Vår Energi.The first contract, a nine-year engagement, is for well intervention. In addition to the interventions scope…

Norway's Vår Energi's Taps Vissim for Offshore Oil Spill Detection Solution

Oct 13, 2023

Norwegian oil and gas company Vår Energi has contracted technology supplier Vissim to implement upgraded oil spill detection technology at its offshore installations in Norway.Vissim will provide a new and upgraded oil spill detection solution…

U.S. Coast Guard Medevacs Man from Offshore Construction Vessel

Oct 03, 2023

The U.S. Coast Guard medevaced a 50-year-old man from a deepwater construction vessel approximately 35 miles south of Grand Isle, Louisiana, Monday.Coast Guard Sector New Orleans watchstanders received a call at approximately 4:58 a.m. from…

Play Opener: DNO Makes Gas Condensate Discovery Offshore Norway

Sep 19, 2023

Norwegian oil and gas company DNO announced on Tuesday a gas condensate discovery on the Norma prospect in the Norwegian North Sea.Preliminary evaluation of the discovery indicates gross recoverable resources in the range of 25–130 million barrels of oil equivalent (MMboe) on a P90-P10 basis…

Aquila Holdings Wins Norway Multi-Client Seismic Data Licensing Contract

Jun 28, 2023

Aquila Holdings, through its subsidiary Axxis Multi Client AS, on Tuesday announced a USD 0.34 million  - net to Aquila Holdings - multi-clientseismic data licensing contract with an existing customer. Under the contract, the customer will license…

Kistos Expands into Norway with Deal to Acquire Mime Petroleum

Apr 19, 2023

Investment firm Kistos said Wednesday it had reached a conditional agreement to acquire all of the outstanding shares of Norway-based oil firm Mime Petroleum A.S. from Mime Petroleum S.a.r.l.Mime holds a 10% interest in the Balder joint venture…

Investment Firm Kistos Acquires Mime Petroleum, Gains Access to Norway's Offshore Oil Fields

May 23, 2023

The investment firm Kistos said Tuesday it had acquired all of the outstanding shares of Norway-focused oil company Mime Petroleum A.S. ('Mime') from Mime Petroleum S.a.r.l.Mime holds a 10% interest in the Balder joint venture, comprising the Balder and Ringhorne fields offshore Norway…

Vår Energi, Halliburton in Drilling Services Partnership

Jun 08, 2023

Norwegian offshore oil and gas producer Vår Energi said Friday it had entered a long-term strategic partnership with the U.S. oilfield services company Halliburton for drilling services to improve drilling and well performance and enhance value creation…

Norwegian Rig Count Shrinks Further as More Semi-subs Get Work Elsewhere

May 19, 2023

Following the recent departures of two Odfjell Drilling-managed semi-submersibles from Norway to Africa, four more rigs have been contracted to work outside of the North Sea region in an upcoming period, with three of them managed by Transocean…

SAExploration Set for North Sea Ocean Bottom Node Survey

Apr 14, 2023

Texas-based seismic services company SAExploration on Friday announced the award of two ocean bottom node programs for the North Sea during the 2023 acquisition season. 'Currently SAExploration has commenced mobilization of the required assets…

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