Statoil to drill follow-up appraisal well
Statoil has been granted permission for a follow up appraisal well.
Statoil has been granted permission for a follow up appraisal well.
Statoil has been awarded interests 29 exploration licences on the Norwegian Continental Shelf (NCS).
An estimated 40,000 jobs have been lost from the Norwegian oil and gas industry, according to new figures.
Greenpeace said it has filed a lawsuit against the Norwegian government's decision to hand out drilling licences covering a large area of the Barents Sea.
Strike action in Norway has led to 1700 job cuts, according to reports.
Norwegian operator Statoil said it has made an analysis of possible power solutions for the Johan Castberg field.
The Norwegian Petroleum Safety Authority (PSA) has given Statoil a deadline of September for a number of improvement points at the Heimdal gas centre.
A survey conducted by a Norwegian union claims one in three workers has had a bad experience while flying in helicopters offshore.
Oil major BP said it will reduce its headcount by 210 positions in Norway in the next two years. The move comes after 166 job losses last year.
Statoil has acquired a minority stake in Norwegian operator Lundin Petroleum.
Centrica Enery Norway has awarded Aibel a frame agreement for field development projects on the Norwegian Continental Shelf. The company said all project phases have been included in the deal including various study phases and pre-engineering work.
Total has signed an agreement to sell a 15% interest in the Gina Krog field in Norway to Tellus Petroleum in a NOK1.4billion deal. The French company’s president of exploration and production said the move was as a result of a “full comparative review” of its global asset portfolio. The transaction still has to be approved by the Norwegian authorities.
Statoil marked 20 years this week since the start of oil production from the Troll field which has been Norway’s largest oil producer for the last three years. In the past two decades more than one billion barrels has been produced with an income of NOK460billion. The Troll oil and gas adventure started with the awarding of the fourth licensing round in 1979. In July of that year, Borgny Dolphin began exploration drilling and four months later Troll was a fact.