Var Energi to explore floating wind opportunities at Goliat platform
Norwegian operator Var Energi (OSLO: VAR) is to explore a belt and braces approach to electrifying one of its major assets.
Norway
Norway unions begin first large-scale strike in two decades
Norwegian workers started the first large-scale strike in 23 years after failing to secure a wage deal with employers in the energy-rich Nordic nation.
Norway confirms ex-Shell exploration exec as director general of oil regulator
Torgeir Stordal has been officially appointed as Director General of the Norwegian Petroleum Directorate (NPD), and will now serve in the post for six years.
Aker BP strikes oil at North Sea wildcat well
Aker BP (OSLO:AKRBP) has concluded the drilling of a wildcat well in the North Sea, around 130 miles west of Stavanger.
Norway well slot – Equinor hails Heisenberg
As of 24 March, Westwood Global Energy reports that there is one appraisal and four exploration wells active in Norwegian waters.
Four firms awarded CO2 storage exploration licences off Norway
Four companies have been offered exploration licences for CO2 storage in two areas of the Norwegian North Sea.
Norwegian oil firm Noreco to change name
Norwegian Energy Company, or Noreco for short, has announced plans to change its company name.
Equinor books Transocean rigs to drill up to 42 wells off Norway
Equinor has booked contract extensions with two winterised Transocean drilling units worth up to $600m for a spate of work in the Norwegian Sea and Johan Castberg field.
Norway to redeploy military to protect North Sea assets
Norway is to deploy its military to protect key subsea oil and gas assets following an increase in Russian submarine activity.
Norway’s cash flow from direct oil and gas ownership hits record
Norway earned 528 billion kroner ($50 billion) from its direct ownership of oil and gas licenses last year, more than five times the amount earned in a normal year, as the country became Europe’s biggest supplier of natural gas after Russia’s invasion of Ukraine.
Aker BP brings Frosk tieback online
Aker BP has confirmed first production from the Frosk field development in Norway’s Alvheim area, just 18 months after plans were submitted to regulators.
Norway well-slot: Spuds, duds and discoveries
As of 24 February, Westwood Global Energy reports that there are five exploration wells active, with four in the North Sea and one in the Barents Sea
Longboat eyes second route for relinquished Egyptian Vulture licence
Longboat Energy is looking to form a new partnership to take forward development of the Egyptian Vulture prospect after an initial licence expired this week.
Vår counts barrels at Countach
Vår Energi has issued updated resource estimates after its successful oil discovery at the Countach well in Norway’s Barents Sea.
Worker’s arm amputated after being crushed on North Sea oil rig
A worker could have been killed, safety inspectors have said, after his arm was crushed and later amputated following an incident on a North Sea oil rig.
Longboat enters Malaysia, pursues monetisation at west-of-Troll finds
Longboat Energy has announced its entry into Malaysia, while in Norway it will seek to mature a string of successful finds near the Troll field.
Equinor hands out £650m contract for major electrification project
The Snohvit Future project consists of two developments, and will cut emissions and extend the life of the namesake gas field.
Aker BP triples profits in ‘remarkable’ 2022
Aker BP (OSLO:AKRBP) more than tripled its pre-tax earnings for full-year 2022, in its first annual results filings since the takeover of Nordic rival Lundin last year.
Vår strikes oil at Countach in Norway’s Barents
Vår Energi (OSE:VAR) has confirmed an oil discovery in Norway’s Arctic Barents Sea, in the latest success in the already prolific Goliat area.
Norway well slot – Strong performance from Obelix
As of 27 January, Westwood Global Energy reports that there is one appraisal well active, in the North Sea, and three exploration wells active, with one in the Barents Sea and two in the North Sea.
Equinor and Var Energi walk away from Norwegian ammonia project
Equinor and Var Energi have opted not to progress with an ammonia production project after a cooperation agreement expired.
Norwegian tax incentives help drive $43bn of new investment
24 Norwegian oil and gas projects were green lit in 2022, marking a record-breaking year for project approvals, according to data from Rystad Energy.
Aker BP signs new five-year deals for rigs and wells
Aker BP has signed new ‘alliance’ agreements for rigs and wells with Noble Corporation, Odfjell Drilling and Halliburton, as it looks to bring a wave of new projects online in the coming years.
Norway dishes out dozens of oil and gas licences
Norway has handed out nearly 50 oil and gas exploration licences in a “gratifying” display of interest in the sector.
Probe into fire at Equinor oil refinery uncovers ‘several nonconformities’
An investigation into a fire at an Equinor-operated oil refinery has shed light on a number of regulatory “nonconformities” at the site.