ConocoPhillips reaches first oil at Norway’s Eldfisk North ahead of schedule
ConocoPhillips Skandinavia has announced successful first oil production at its Eldfisk North project in the Norwegian North Sea.
Norway
Well Slot: UK backloads 2024 with drilling activity
Well Slot is a monthly feature where Westwood’s Stephen Coomber looks at drilling activity and rig moves in UK and Norwegian waters.
Is the UK falling behind Norway on cross-border CO2 transport and storage?
The UK risks wasting its "naturally advantageous position" on CO2 transport, according to one analyst.
Aker BP brings Hanz subsea tieback onstream
Norwegian oil and gas firm Aker BP (OSE:AKRBP) has announced the start up of production from the Hanz development in the North Sea.
Norway’s largest investors prefer climate voting over Big Oil divestment
Activist shareholder group Follow This said Norwegian investors are "true stewards" of the global economy, while their international peers promote "climate breakdown".
Equinor extends drilling contracts, maintaining 2,000 jobs
Norwegian oil giant Equinor has extended drilling contracts with three firms, including Aberdeen’s KCA Deutag, in a move it claims will maintain 2,000 jobs.
Floating GoliatVIND project secures $192mn grant from Norway’s Enova
A trio of floating wind developers have received a major funding boost from Norway’s state enterprise for promoting energy transition.
Norway investigators confirm S-92 helicopter had uncontrolled landing, floats not deployed
Investigators are working to determine why emergency floating batons did not deploy on a helicopter which ditched off the coast of Norway last week.
Equinor employee last to be retrieved from sea in Norway helicopter crash
Investigators release further details of Norway helicopter crash search and rescue operation as 'black box' flight recorder recovered from wreckage.
‘No indications’ of wider helicopter safety impact after fatal Norway crash
Operators Equinor and AkerBP have resumed flights on the Norwegian Continental Shelf after the tragedy on Wednesday evening.
Dolphin Drilling order backlog rises above $1bn in Q4 results
Aberdeen-headquartered Dolphin Drilling (OSE:DDRIL) has announced its fourth quarter (Q4) results as the company's order backlog rises above $1.1 billion (£870m).
Airbus execs hint at return of Super Puma to offshore sector
Airbus executives are confident in the Super Puma's safety, but any return could lead to a battle with labour unions which see it as a "flying coffin".
Norway’s gas exports may hit a record this year, Equinor says
Natural gas supplies from Norway may potentially reach a fresh record this year as the country works to reduce its maintenance schedule across its facilities.
Var Energi: Norway independent struck by half-billion dollar Balder write-down
Costs linked to the upcoming Balder development cut down profits at Var Energi (OSLO: VAR), Norway’s second-largest independent operator.
Transocean rig goes five miles adrift in storm
Transocean Encourage rig drifts for 9km in Norwegian Sea during Storm Ingunn
Equinor fourth quarter profits beat estimates, share dividend cut
Equinor (OSE:EQNR) reported fourth quarter adjusted earnings of $8.68 billion, a fall from the highs of $17 billion a year earlier but still slightly higher than analyst estimates.
Climate activists in Norway claimed victory in a court battle over North Sea oil fields. Will the UK be next?
After a court in Norway ruled in favour of climate activists over North Sea oil field downstream emissions, will UK courts follow suit?
Norway’s carbon capture scheme boosted by Germany’s change of heart
A Norwegian project to bury carbon under the seas is getting backing from Germany
Norway’s oil and gas companies to step up exploration this year
Norwegian oil and gas companies will drill more exploration wells this year as the country seeks to maintain its position as a key supplier to Europe.
Norway’s parliament approves deep sea mining in Arctic
Norway’s parliament approved commercial mineral exploration in the country’s Arctic waters even as the environmental and fishing lobbies pushed back against the move.
Global offshore rig market could reach 96% utilisation in 2024
Westwood expects offshore rig dayrates to continue their upward trajectory across the board in 2024 as supply tightens.
Australia’s Finder Energy estimates 206 million boe at North Sea Boaz prospect
Australian oil and gas explorer Finder Energy (ASX:FDR) has outlined details of its Boaz gas prospect in the Central North Sea.
Odfjell Drilling wins £250m two year contract extension with Aker BP for Deepsea Nordkapp
The two-year contract extension will keep the semi-submersible rig with Aker BP until the end of 2026
Equinor takes over Shell stake in Linnorm, Norway’s largest undeveloped gas discovery
Equinor has agreed to acquire Shell's stake in Linnorm, the largest undeveloped gas discovery within the Norwegian continental shelf (NCS).
Chunk of Norway’s offshore gas finds risk going untapped
A swath of Norway’s offshore gas discoveries risk remaining untapped due to challenges ranging from complex reservoirs to costs of production.