Aker BP brings Hanz subsea tieback onstream
Norwegian oil and gas firm Aker BP (OSE:AKRBP) has announced the start up of production from the Hanz development in the North Sea.
Norwegian oil and gas firm Aker BP (OSE:AKRBP) has announced the start up of production from the Hanz development in the North Sea.
The Norwegian Ministry of Petroleum and Energy has awarded a carbon dioxide storage licence to awarded Sval Energi for a North Sea project.
Sval Energi, Storegga and Neptune have applied for a CO2 storage licence in the Norwegian North Sea as part of the country’s recent acreage round.
Wintershall DEA is to press ahead with development of Dvalin North, the largest discovery in Norway in 2021.
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.
North Sea operator Spirit Energy has launched a consultation on redundancies in Aberdeen.
Sval Energi has signed an agreement to acquire Suncor Energy’s Norwegian business, as the Canadian group looks also to sell off its UK assets amid a pull back from the North Sea.
Centrica has concluded the sale of the majority of Spirit Energy’s Norwegian assets to Sval Energi, and its interests in the Statfjord field to Equinor, as it focuses on UK gas production and energy transition projects.
Equinor is to sell its non-operated share in the Greater Ekofisk Area to Sval Energi, alongside a minority share in the Martin Linge field, as part of a $1 billion deal.
Neptune Energy will double gas production from the Duva field in the Norwegian sector of the North Sea, as local authorities look to boost supplies to the UK and Europe.
North Sea focused Waldorf Production has started exclusive talks to buy the assets of Dutch oil and gas company ONE-Dyas BV, according to people familiar with the matter.
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.
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.