Norway/NCS

News
April 17, 2024
The latest Ringhorne North exploration well in PL 956 was successful with estimated recoverable resources of between 13 and 23 MMbbl of oil.
News
April 08, 2024
The field is expected to come on stream during the first half of 2027 and is anticipated to operate until 2031 with potential for extension. Plateau oil production is estimated at around 26,000 boed and is expected within the first year of production.
News
April 01, 2024
The scope of work on Åsgard A covers the recovery of two risers, installation of one new riser and flexible jumper and engineering, procurement, and installation of GRP Covers to protect the jumper. Offshore operations are schedule for fall 2024.
News
March 25, 2024
The Norwegian Offshore Directorate announced that it has granted Aker BP a drilling permit for exploration well 24/6-5 in production license 203 in Norwegian North Sea.
News
March 21, 2024
Heisenberg, a new shallow play in the northern part of the Norwegian North Sea, is now estimated to hold recoverable volumes in the range of 24 to 56 MMboe.
News
March 14, 2024
Archer AS, KCA Deutag Drilling Norway AS and Odfjell Operations AS will deliver drilling, completion, intervention services, plugging, maintenance and modification services on 19 of Equinor’s fixed installations.
News
March 13, 2024
The joint venture between Harbour Energy, Aker BP and Sval Energi confirmed a natural gas discovery in well 15/9-25 in the North Sea.
News
March 04, 2024
Following the completion of the well, the estimated recoverable volumes for the Adriana discovery have been revised upwards, from an initial 19-31 MMboe to a new estimate of 28-43 MMboe.
News
February 28, 2024
DeepOcean’s scope of work includes pipeline inspections, seabed mapping, ad-hoc pipeline survey and light construction work. The agreement is valid for 2024.
News
February 28, 2024
Eldfisk Nord is an installation consisting of two seabed templates for production and one for water injection – a total of nine production wells and five injection wells. Production start-up is expected during the first quarter.
News
February 27, 2024
Authorities have consented to the start-up of production on the Hanz accumulation on the Ivar Aasen field in the North Sea. The development solution involves reusing the subsea installations on the Jette field, which was shut down in 2016.
News
February 21, 2024
AGR will offer services such as blowout contingency planning, well control emergency response, casing magnetization service, and general transient flow analyses.
News
February 15, 2024
The higher estimate for 2024 offshore spending reflects greater investment in “fields on stream, field development and pipeline transportation,” the statistics office said. “Markedly higher” spending on field development contributed to a 22% increase in investment in 2023 compared with 2022.
News
February 12, 2024
The survey is expected to have a contract value of approximately $2 million and should commence early March 2024.
News
February 07, 2024
Under the framework agreement, AGR will provide services within blowout contingency planning, well control emergency response, casing magnetization service, and general transient flow analyses.
News
January 28, 2024
Vissim’s new oil spill detection system utilizes upgraded image processing technology that enables much higher sensitivity, which allows it to detect even smaller oil spills. It also capitalizes on machine learning to classify detected phenomena, preventing the system from generating false alarms.
News
January 19, 2024
The Norwegian authorities are offering Aker BP ownership interest in 27 exploration licenses on the Norwegian Continental Shelf in the APA 2023 licensing round. For 17 of the licenses, Aker BP is also granted operatorship.
News
January 18, 2024
The awards include eight production licenses in the North Sea, 13 in the Norwegian Sea, and eight in the Barents Sea. Equinor is the operator of 14 of the awarded licenses, and a partner in 25.
News
January 17, 2024
Three license awards are in the North Sea (one as operator) and 10 in the Norwegian Sea (four as operator). Nine of the awards are new licenses, and four are area extensions to existing licenses.
News
January 16, 2024
Equinor ASA was awarded 39 licenses, while Aker BP ASA received 27 and Var Energi ASA 16. Wintershall Dea was awarded 13 licenses and Poland’s PGNiG Upstream Norway AS 10.
News
January 11, 2024
Between 40 and 50 wells are expected to be completed, up from 34 last year, the Norwegian Offshore Directorate said Thursday. More than half of the 23 wildcat wells undertaken last year found hydrocarbons, it said.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.