All posts for Norway

Will Upstream Bounce Back in 2018?

Last year, the focus was firmly fixed on prices and downstream activity. The headlines and industry talk was all about demand versus supply; OPEC production cuts; price fluctuations; geopolitical factors; US oversupply, and at what point Russian frustration would crash the OPEC deal.    Obviously, ...

Scott Johnson

Posted 5 months agoOpinion > RussiaBrazilShell +2

Faroe Petroleum: Eight Exploration Licences Awarded in Norway

Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has been awarded eight new prospective exploration licences, including four operatorships, in the Norwegian North Se ...

OilVoice Press - OilVoice

Posted 5 months agoPress > Faroe PetroleumNorwayLicences Awarded +4

Statoil Awards Contract For Improved Recovery on Johan Sverdrup

  Statoil awards a contract to Alcatel Submarine Networks for Permanent Reservoir Monitoring (PRM) on the Johan Sverdrup field. The seismic technology - a potential digital enabler for the field - will be a key contributor to delivering on Johan Sverdrup's 70 percent recovery ambition. ...

OilVoice Press - OilVoice

Posted 5 months agoPress > StatoilrecoveryPRM +4

DNO Receives 10 Awards in Norway's APA Licensing Round

DNO ASA, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 10 exploration licenses under Norway's Awards in Predefined Areas (APA) 2017 licensing round. Of the 10 licenses, seven are in the North Sea, one in the Nor ...

OilVoice Press - OilVoice

Posted 5 months agoPress > DNODNO NorgeNorway +5

NPD: 75 New Production Licences in APA 2017

Today, 16 January, 34 companies will be offered a total of 75 new production licences on the Norwegian continental shelf. Never before have this many production licences been awarded in an APA round (Awards in Pre-defined Areas), and never before have this many applications been submitted. New l ...

OilVoice Press - OilVoice

Posted 5 months agoPress > NorwayNorwegian Petroleum DirectorateNPD +2

Statoil Awarded New Production Licences on the Norwegian Continental Shelf

  In connection with the Award in Predefined Areas (APA) for 2017 Statoil has been offered interests in 31 exploration licenses on the Norwegian Continental shlef (NCS), 17 of these as operator, and 14 as a partner. “The NCS is the core of Statoil's business, and we are pleased with th ...

OilVoice Press - OilVoice

Posted 5 months agoPress > StaoilProduction LicenceNorwegian Continental Shelf +3

NPD: Drilling Permit For Well 6506/9-4 S in Production Licence 433

The Norwegian Petroleum Directorate has granted Spirit Energy Norge AS a drilling permit for well 6506/9-4 S, cf. Section 15 of the Resource Management Regulations. Well 6506/9-4 S will be drilled from the Island Innovator drilling facility, at position 65°15'38.07" north and 6°42'35.69" east. ...

OilVoice Press - OilVoice

Posted 5 months agoPress > Norwegian Petroleum DirectorateNorwayNPD +3

TGS Announces Three New Onshore Seismic Projects in North America

ASKER, NORWAY (16 January 2018) - TGS announces three new onshore seismic projects; Sanderson, West Hackberry and Dawson in prolific North American basins. The West Hackberry 3D multi-client seismic survey is located north of TGS' Loyal 3D Complex in the Anadarko Basin. This new project will e ...

OilVoice Press - OilVoice

Posted 5 months agoPress > TGSNorwayNorth America +1

NPD: Dry Well Northwest of 7220/11-1 (Alta) in the Barents Sea – 7219/12-3 S

Lundin Norway AS, operator of production licence 533, is in the process of concluding the drilling of wildcat well 7219/12-3 S. The well was drilled about 34 kilometres northwest of the 7220/11-1 (Alta) discovery well, and about 2.5 kilometres southwest of the 7219/12-1 (Filicudi) discovery well. ...

OilVoice Press - OilVoice

Posted 5 months agoPress > NorwayNorwegian Petroleum DirectorateBarents Sea +5

NPD: High Activity on the Shelf

Never before has so much gas been sold from the Norwegian shelf as was the case in 2017. Oil production was down slightly; nevertheless, overall production rose for the fourth straight year. The Norwegian Petroleum Directorate's forecasts indicate that the production increase will continue toward ...

OilVoice Press - OilVoice

Posted 5 months agoPress > NPDNorwayNorwegian Petroleum Directorate +3

Exploration Well Completed on the Hurri Prospect in the Southern Barents Sea

Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the drilling of the Hurri exploration well 7219/12-3S located in PL533 in the southern Barents Sea. The well was dry. The main objectives of the well were to test the r ...

OilVoice Press - OilVoice

Posted 5 months agoPress > Lundin PetroleumHurri ProspectBarents Sea +2

December Spree Boosts Norway to the Country With the Most Offshore Project Commitments in 2017

After a sanctioning drought in the offshore industry in 2015 and 2016, Norway is leading the comeback. Recent projects submitted to the Norwegian Petroleum Directorate (NPD) show a clear turnaround in the offshore industry and make Norway the largest contributor to offshore project commitments in 2 ...

OilVoice Press - OilVoice

Posted 5 months agoOpinion > NorwayOffshoreSpending +3

Westwood Insight: Northwest Europe Exploration Drilling – 2017 Results and 2018 Outlook

8th January 2018 A ten year low in oil discoveries in Norway in 2017 doesn't deter an expected increase in drilling in 2018, whilst performance continues to improve in the UK with the focus switching to gas for 2018. In 2017, there was a shift towards high impact exploration drilling in both the U ...

Victoria Roe

Posted 5 months agoOpinion > Northwest Europe2018 Drilling PredictionsNorway +1

Hess Completes Sale of Interests in Norway

NEW YORK--(BUSINESS WIRE)--Dec. 22, 2017-- Hess Corporation (NYSE: HES) announced today that it has completed the previously announced sale of its subsidiary Hess Norge, which owns interests in the Valhall and Hod fields in Norway, to Aker BP ASA for total proceeds of $2 billion, effective January ...

OilVoice Press - OilVoice

Posted 5 months agoPress > Hess CorporationNYSENorway +3

Subsea 7 Awarded Contract Offshore Norway

Luxembourg - 21 December 2017 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial(1) contract by Statoil for the Snorre Expansion Project, located in the Tampen area, 150 km west of Florø in Norway. The EPCI (engineering, procurement, construction and installat ...

OilVoice Press - OilVoice

Posted 5 months agoPress > Subsea 7OffshoreNorway +2