Norway


All posts for Norway

DNO Releases 2017 Annual Report and Annual Statement of Reserves and Resources; Records Higher Revenues, Profits, Production and Reserves

Oslo, 15 March 2018 - DNO ASA, the Norwegian oil and gas operator, today released its 2017 Annual Report and Accounts together with its 2017 Annual Statement of Reserves and Resources and reported improvements across key financial and operational metrics. Annual 2017 revenues climbed to USD 347 ...

OilVoice Press - OilVoice


Posted 3 months agoPress > DNO ResourcesAnnual ReportReserves +10

Cairn Energy: Preliminary Results Announcement

Simon Thomson, Chief Executive, Cairn Energy PLC said: With first oil production from its North Sea developments, Cairn continues to deliver a strong and balanced business with a growing production base supporting further development and a multi-well exploration programme offering significant ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Cairn EnergyResultsSenegal +6

Drilling Permit for Well 34/8-19 S in Production Licence 120

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 34/8-19 S, cf. Section 15 of the Resource Management Regulations. Well 34/8-19 S will be drilled from the Deepsea Atlantic drilling facility at position 61°26'6.84"N and 2°35'24.37"E after completing ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Drilling permitNPDNorway +2

ROV Sales for Forum in Russia and Norway

Forum Subsea Technologies a subsidiary of Forum Energy Technologies, Inc. has announced a strong start to the year with three recent sales awards in Russia and Norway. The deals will see the firm supplying four of its Remotely Operated Vehicles (ROVs) to academia and the aquaculture industry.  The ...

OilVoice Press - OilVoice


Posted 3 months agoPress > ROVRussiaNorway +2

Total Closes the Maersk Oil Acquisition and Becomes the Second-Largest Operator in the North Sea

Paris - Total announces the closing of the Maersk Oil acquisition signed on 21st of August 2017. It brings to Total around 1 billion barrels of oil equivalent of 2P/2C reserves and resources, mainly in the OECD countries, and a production of about 160,000 barrels of oil equivalent per day (boe/d) ...

OilVoice Press - OilVoice


Posted 3 months agoPress > TotalMaersk OilAcquisition +5

NPD: Drilling Permit for Well 16/1-28 S in Production Licence 338 C

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-28 S, cf. Section 15 of the Resource Management Regulations. Well 16/1-28 S will be drilled from the COSLInnovator drilling facility at position 58°48'51.49'' north, 02°16'14.20'' east in the centra ...

OilVoice Press - OilVoice


Posted 3 months agoPress > NorwayNPDNorwegian Petroleum Directorate +5

Statoil: Joint Offshore Digitalisation

  An integrated operations support centre and a drilling operations centre will help reach Statoil's ambition of increasing value creation from operated fields in Norway by more than 2 billion USD from 2020 to 2025 before tax.   Established in Bergen, the centres will be connected ...

OilVoice Press - OilVoice


Posted 3 months agoPress > StatoilOffshoreNorway +2

Wintershall: Annual Global Results; Highlights From North Sea Ration

Highlights 2017:       • Significant improval of results for 2017 : increase in sales and EBIT - Germany's largest internationally active oil and gas producer increased its income from operations (EBIT) before special items by 53 percent (€276 million) to €793 million (2016: €517 million ...

OilVoice Press - OilVoice


Posted 3 months agoPress > WintershallResultsNorth Sea +1

Breaking number of licenses awarded in the award round, Norway shows the potential of mature basins

Analysis of Norway's upstream oil and gas industry shows that the country currently has 887 licensed blocks, of which 529 blocks are in the shallow water terrain and 358 are in deepwater terrain, according to GlobalData , a leading data and analytics company. Statoil ASA, Petoro AS and Aker BP ...

OilVoice Press - OilVoice


Posted 3 months agoPress > NorwayupstreamMature Basins +5

Oil Discovery North of the Bøyla Field in the North Sea - 24/9-12 S and 24/9-12 A

Aker BP ASA, operator of production licence 340, has concluded the drilling of wildcat well 24/9-12 S and appraisal well 24/9-12 A, which was drilled 850 metres southwest of the discovery well, 24/9-12 S. The wells were drilled about two kilometres north of the Bøyla field, 26 km southwest of the ...

OilVoice Press - OilVoice


Posted 3 months agoPress > NorwayDiscoveryNPD +6

Subsea 7 Awarded Contract Offshore Norway

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) has announced the award of a sizeable(1) contract by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development. Nova is located in the north-eastern part of the North Sea, 16 kilometres from the Gjøa field, in a water depth of a ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Subsea 7OffshoreNorway +4

NPD: Resource Accounts at 31 December 2017

The Norwegian Petroleum Directorate's (NPD's) estimate for total proven and unproven petroleum resources on the Norwegian continental shelf is about 15.6 billion standard cubic metres of oil equivalents. This is 1.3 billion more than at 31 December 2016. Of this, 45 per cent has been sold and del ...

OilVoice Press - OilVoice


Posted 3 months agoPress > NPDNorwegian Petroleum DirectorateNorway +3

NPD: Drilling Permit for Well 7220/11-5 S in Production Licence 609

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 7220/11-5 S, cf. Section 15 of the Resource Management Regulations. Well 7220/11-5 S will be drilled from the Leiv Eiriksson drilling rig in position 72 o 01' 21.08" north and 20 o 29' 21.15 east. ...

OilVoice Press - OilVoice


Posted 3 months agoPress > NPDNorwayNorwegian Petroleum Directorate +2

West Phoenix to Drill in UK and Norway

Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the UK and Norwegian continental shelves from the summer of 2018. The contract is awarded to the two Seadrill companies North Atlantic Drilling UK Ltd. and North Atlantic Norway Ltd. The semi-submers ...

OilVoice Press - OilVoice


Posted 3 months agoPress > West PhoenixDrillingUnited Kingdom +7

Statoil: First Well Spud at Oseberg Vestflanken 2

  In the early hours of Saunday 25 February drilling started at Oseberg Vestflanken 2. On the Capital Markets Day on 7 February the project could boast break-even reduction from USD 34 to USD 16 per barrel.  The investment budget for Oseberg Vestflanken 2 has been reduced from NOK 8 billion ...

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Posted 3 months agoPress > StatoilWell SpudOseberg Vestflanken +4