Norway has given ConocoPhillips permission to dispose of four structures on the Ekofisk field in the North Sea. Consent from the Petroleum Safety Authority covers the Eko2/4 A, 2/4 H, 2/4 Q and 2/4 FTP facilities. The field lies 200 kilometers south of Stavanger and started producing in 1971.
Spanish oil firm Repsol has submitted a revised development plan for the Yme field to the Norwegian Government.
German oil firm VNG has submitted a development plan for the Fenja field in the Norwegian Sea to the government.
Energy service firm Subsea 7 has netted two contracts with Aker BP for projects in the Norwegian North Sea.
Energy service firm Aker Solutions has tied up an agreement to provide subsea services for Statoil-operated fields off Norway.
Oilfield service firm Subsea 7 said today that it had clinched a deal to work on the tie-back from the Aerfugl gas field off Norway.
Norwegian energy service firm Aker Solutions will provide the subsea production system for the first phase of the Aerfugl gas development off Norway.
Centrica has picked CHC as its helicopter service provider for a drilling campaign in the Norwegian Sea.
Norwegian oil firm Aker BP has agreed to sell 10% interests in the Valhall and Hod fields to Oslo-based Pandion Energy for an undisclosed fee.
Norway’s offshore safety body has issued a firm reminder that Norwegian language should take priority in its offshore industry.
Norway’s $1 trillion sovereign wealth fund, which recently announced its intention to remove all oil and gas stocks from its benchmark, has the potential to be the world’s pre-eminent investor. It enjoys more freedom than any other investor in the world, at least on paper. So why is it such a performance laggard, trailing the best-in-class sovereign wealth funds and pension funds it should be leading? The answer offers a cautionary tale to other sovereign funds and pension funds.
Aberdeen-based Faroe Petroleum said today that exploration drilling had started on one of its interests in the Norwegian Sea.
A decommissioning expert has said there are clear signs that “brand decom” is emerging as work spreads the length of the UK east coast.
Norway has given Wintershall the go-ahead to drill a wildcat well off Norway. North Atlantic Drilling’s West Phoenix rig will be used to drill the well, about 120 kilometres southwest of the Aasta Hansteen field. Wintershall has a 40% operated stake in licence 894, Statoil Petroleum has 40% and Petoro had 20%.
A week after Norway’s $1 trillion sovereign wealth fund said it wanted to get out of oil and gas investments, the latest spending plans from oil companies show how the country’s not about to quit petroleum.
The Oil and Gas Authority (OGA) and the Industry Technology Facilitator (ITF) believe collaboration between the UK and Norway will see North Sea operators hack their way to solving common challenges.
German energy firm Dea has booked a Transocean rig to drill production wells at the Dvalin field in the Norwegian Sea.
Swedish oil firm Lundin Petroleum said today that its Hufsa prospect in the Barents Sea was "non-commercial".
Asset management in the Nordic region is dominated by Norway’s $1 trillion sovereign wealth fund, which last week said it wants to exit all its oil and gas stocks.
Can Norway dump $35 billion in oil and gas investments, and simultaneously convince that same industry to throw money into the country’s own fossil-fuel future?
Norway has given Swedish firm Lundin permission to drill a wildcat well in the Barents Sea. The Leiv Eiriksson rig will carry out the drilling campaign on licence area 533. Lundin operates the licence and holds a 35% stake. Aker BP also has 35% while DEA has 30%.
Aberdeen-based Faroe Petroleum said today that a drilling campaign to raise production from the Tambar field is under way.
Statoil's chief executive will continue in his role after deciding not to exercise his contractual right to retire at the age of 62.
The renewable energy revolution doesn’t scare the man overseeing western Europe’s biggest crude oil spigot.
Norway's monthly production faltered.