AkerBP makes £10.5bn merger move on Lundin
AkerBP has set out a plan to buy Lundin Energy’s E&P business, which it will pay for in a combination of cash and shares.
norway
Equinor wants the world’s last drop of oil to come from Norway
Equinor will drill about 25 exploration wells off Norway’s coast next year in a bet that it will be among the last companies still producing oil and gas when the world has achieved net-zero emissions.
Shell Pierce FPSO leaves field for refurb ahead of UK gas expansion project
The FPSO for the Shell Pierce field is heading off for refurbishment to allow for a gas expansion project at the UK asset.
Equinor seeks $1billion North Sea sale: Report
Equinor is reportedly seeking a $1billion sale of a stake in the Martin Linge oil field in the North Sea.
Centrica continues hunt for North Sea exit after Spirit Energy Norway sale
British Gas owner Centrica has said it will continue its strategy to exit the UK North Sea after announcing a deal to sell Spirit Energy Norway for £800million.
Maersk Drilling secures one-well exploration contract in Norway
Maersk Drilling has secured a contract for work in the Northern North Sea basin offshore Norway.
Norway well slot: 10 discoveries so far in 2021
Westwood Global Energy reports that there were two exploration wells active as of 29 November. A total of six appraisal wells and 27 exploration wells have completed to date in 2021, from which ten commercial discoveries have been made giving a 37% commercial success rate to date.
Acorn developer Storegga to explore CCS opportunities in Norway
Storegga, a major partner in an Aberdeenshire decarbonisation project, has entered into an agreement to explore carbon capture and storage (CCS) across the North Sea.
UK forked out more than £18bn on oil and gas imports in first six months of 2021, according to trading figures
The UK shelled out more than £18 billion on oil and gas imports in the first few months of the year, according to the government’s latest trading figures.
Neptune Energy sells stakes in Norway assets for $35million
Neptune Energy has announced the sale of non-operated stakes in several oil and gas assets in Norway for $35million.
BP and Aker exploring potential sale of a stake in Aker BP
BP (LON: BP) and Aker (OSLO: AKER) are exploring a potential block sale of some of their stake in independent oil and gas producer Aker BP (OSLO: AKRBP).
WoodMac: UK North Sea needs ‘rapid action’ to mirror Norway’s platform electrification successes
A “tough challenge” awaits if the UK is to replicate Norway’s successes in decarbonising offshore assets, Wood Mackenzie has forecast.
ConocoPhillips submits plans for £1billion Norway-UK North Sea project
ConocoPhillips has submitted plans for a £1billion project which straddles the Norway-UK median line in the North Sea.
Norway wellslot: Four exploration wells active
Westwood Global Energy reports that there were four exploration wells active as of 25 October. Key exploration wells drilling in October include the Dovregubben, Egyptian Vulture, Fat Canyon and Mugnetind wells. A total of six appraisal wells and 23 exploration wells have completed and to date in 2021, from which eight commercial discoveries have been made giving a 35% commercial success rate to date.
Brian Wilson: Time to get past ‘gesture politics’ in the North Sea
“If we were to say from one day to the other that we close down production… I believe that would put a stop to an industrial transition that is needed to succeed in the momentum towards net zero. So we are about to develop and transit, not close down”.
Aker Soutions wins FEED contract on Wisting FPSO
Aker Solutions has landed the front-end engineering and design (FEED) work for the Equinor Wisting FPSO in the Barents Sea.
Neptune Energy begins Dugong Tail drilling campaign
Neptune Energy today announced drilling has commenced on the Dugong Tail exploration well in the Norwegian sector of the North Sea.
‘The target is very much the North Sea’: Parker Drilling takes aim at UK contracts amid global overhaul
Parker Drilling is aiming to double its UK headcount as part of a global overhaul which will see the business targeting North Sea operations and maintenance work (O&M).
Subsea 7 bags multi-million pound contract for work on Shell’s Ormen Lange field
Subsea 7 has been awarded a “sizeable” contract by OneSubsea, the subsea technologies, production and processing systems division of Schlumberger.
Norway event created a digital bridge to the smart cities of the future
Plans for the annual Aberdeen-United Arab Emirates (UAE) Gateway are taking shape as the organisers celebrate the success of their smart city-themed Aberdeen-Norway event.
Longboat Energy hails kick-off on drilling for first ever exploration well
Longboat Energy has hailed the start of drilling on its first ever exploration well.
Aker Solutions and Subsea 7 win FEED work for NOA Fulla project
An alliance of Aker Solutions and Subsea 7 has won front-end engineering and design (FEED) work for the NOA Fulla field development in Norway.
Well Slot: Five E&A wells active in Norway
Westwood Global Energy reports that there were five E&A wells active as of 31 August, comprising two exploration wells and three appraisal wells.
Oil workers ‘effectively banned from Norway’ due to Scotland Covid-app delay, MSP claims
The Scottish Government’s digital vaccine passport delay is jeopardising the livelihoods of oil and gas workers, a north-east MSP has said.
Neptune Energy starts up production on Duva development
Neptune Energy today announced the start-up of production from the Duva development in the Norwegian sector of the North Sea.