OMV makes gas condensate find at Oswig
OMV has made a modest gas condensate discovery at its Oswig prospect in the Norwegian North Sea, partner Longboat Energy has reported.
Norway
Equinor hikes dividend following record quarter
Equinor (OSLO:EQNR) joined peers in reporting record third-quarter results and announcing a hike to its dividend on the back of soaring gas prices and boosted supplies to Europe.
Aker BP triples profits in wake of Lundin acquisition
Aker BP (OSLO:AKRBP) has posted its first results since the acquisition of Lundin’s oil and gas business, with profits up nearly four times on the previous quarter.
Var Energi posts Q3 profits of £1bn, revises Balder X schedule
Norwegian operator Var Energi (OSLO: VAR) has posted pre-tax profits of £1 billion for the third quarter of the year.
Odfjell Drilling pulled up by watchdog after 35 tonne slip joint dropped onto seafloor
An inquiry into an offshore lifting incident - that ended up with a piece of kit falling onto the seabed - has been published.
Equinor launch public consultation for Wisting development
Today Equinor has issued a complementary assessment for the Wisting development in the Norwegian Barents Sea for public consultation.
Drone spotted near Norwegian gas plant
Authorities in Norway are investigating after accounts of a unidentified drone flying over a gas plant in the south-west of the country.
Norway hands out exploration permits for CO2 storage
Two companies have been offered exploration permits for CO2 storage acreage in the Norwegian sector of the North Sea.
Sval closes $1.3bn acquisitions of Suncor Norge, Equinor assets
Sval Energi has closed its acquisition of interests in the Martin Linge and Greater Ekofisk Area from Equinor and the acquisition of Suncor Energy Norge.
GALLERY: Norwegian Armed Forces step up presence at oil and gas assets
Norway has sought to flex its military muscle around key oil and gas installations in the face of rising security tensions across the North Sea.
Equinor names new CFO
Equinor (OSLO: EQNR) (NYSE: EQNR) has announced the appointment of a new chief financial officer (CFO) and executive vice president.
North Sea firm Longboat secures rig to spud exploration well
Longboat Energy (LON: LBE) has struck a deal to secure a rig, opening the door for the spudding of a North Sea exploration well.
Odfjell secures string of work for Deepsea Yantai
Odfjell Drilling has announced a series of bookings for its Deepsea Yantai rig, as OMV and Shell look to secure the unit for drilling and well decommissioning work in the North Sea.
More disappointment for Longboat Energy as Copernicus prospect flops
Longboat Energy (LON: LBE) has announced that the Copernicus exploration well offshore Norway has been plugged and abandoned after coming up dry.
Aberdeen’s Tendeka extends decade long relationship with Equinor
Aberdeen-headquartered Tendeka has extended its decade long relationship with North Sea operator Equinor.
ConocoPhillips North Sea wildcat oil well proves fruitless
Operator ConocoPhillips (NYSE: COP) Skandinavia has concluded the spudding of a wildcat well in the Norwegian North Sea.
AGR picks new head of wells and operations geology unit
Lene Thorstensen has been appointed to head up AGR’s wellsite and operations geology business in the Norwegian Continental Shelf, following the retirement of her predecessor.
Norway well slot – North Sea a hive of activity
As of 24 August, Westwood Global Energy reports that there are five exploration wells active, four in the Northern North Sea and one in the Norwegian Sea. Since the previous report, two exploration well programmes have completed, with one of the wells successful.
Longboat Energy spuds 70 mmboe North Sea prospect
North Sea oil firm Longboat Energy (LON: LBE) has kicked off drilling operations offshore Norway.
Aker BP to invest over $15bn in Norwegian projects by 2028
Aker BP (OSLO:AKRBP) has outlined plans to invest NOK 150 billion ($15.3bn) in Norwegian development projects over the next six years.
Second Skarv well comes up dry for Aker BP
Aker BP (OSLO:AKRBP) found a dry hole during drilling on a second wildcat prospect at the Skarv field, according to reports from the Norwegian Petroleum Directorate (NPD).
Equinor mulls sale of Statfjord stake: reports
Equinor is reportedly considering a partial sale of its stake in Norway’s Statfjord field, along with minority holdings in several other satellite fields.
Odfjell signs five-year rig deal with Aker BP
Odfjell Drilling’s Deepsea Stavanger has been awarded a firm, five-year contract with Aker BP (OSLO:AKRBP) for work beginning in early 2025.
Norway’s wealth fund posts biggest half-year loss on record
Norway’s $1.3 trillion sovereign wealth fund posted its biggest loss on record as rate hikes, surging inflation and Russia’s invasion of Ukraine spurred volatility.
Vår acquires new operated stakes in Norway’s Balder area
Vår Energi has agreed a series of deals to increase its acreage in the Balder area, with a view to taking over operatorship of the licences.