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Aker BP makes oil discovery in PL 019 C near Gyda oil field, North Sea

Aker BP makes oil discovery in PL 019 C near Gyda oil field, North Sea

Aker BP has made a minor oil discovery near the producing Repsol Norge-operated Gyda oil field in the southern part of the Norwegian North Sea through the drilling of wildcat well 2/1-17 S in production licence 019 C (PL 019 C). However, the latest oil discovery in the North Sea has been assessed to be […]

Equinor reports Echino South oil and gas discovery near Fram field

Equinor reports Echino South oil and gas discovery near Fram field

Echino South oil and gas discovery : Equinor and its partners, through the drilling of the 35/11-23 exploration well at the Echino South prospect have pulled off an oil and gas discovery near the producing Fram field operated by the company in the northern part of the North Sea, offshore Norway. The Norwegian oil and […]

OneSubsea to provide subsea compression system for Ormen Lange Field

OneSubsea to provide subsea compression system for Ormen Lange Field

OneSubsea, a Schlumberger company, has signed a frame agreement with Royal Dutch Shell’s subsidiary Norske Shell for an engineering, procurement, construction and installation (EPCI) contract pertaining to the Ormen Lange Field in the Norwegian Sea. The contract is for the delivery of a subsea multiphase compression system for the Ormen Lange gas field, located 75 miles […]

Johan Sverdrup project in North Sea begins production

Johan Sverdrup project in North Sea begins production

Johan Sverdrup phase 1 : The first phase of the NOK 124 billion ($13.6 billion) Johan Sverdrup project in the Norwegian North Sea has produced its first oil, said operator Equinor and its partners. Equinor, which is partnered by Lundin Petroleum, Petoro, Aker BP, and Total E&P Norge, expects to draw 440,000 barrels of oil […]

Wintershall Dea to exit from Nyhamna gas terminal and Polarled gas pipeline

Wintershall Dea to exit from Nyhamna gas terminal and Polarled gas pipeline

German oil and gas company Wintershall Dea, thrugh its subsidiary Wintershall Norge, has agreed to divest its stakes in the Nyhamna gas terminal and the Polarled gas pipeline, for an undisclosed price, in a move focus on its upstream business in Norway. The sale of the two Norwegian midstream assets will be carried out through […]

Subsea 7 acquires Norwegian subsea solutions provider 4Subsea

Subsea 7 acquires Norwegian subsea solutions provider 4Subsea

Subsea 7 acquisition of 4Subsea : Subsea 7, a UK-based subsea engineering, construction and services company, has acquired Norwegian subsea solutions provider 4Subsea for an undisclosed price. 4Subsea offers technology and services that help oil and gas, and offshore wind operators across the world in making key decisions. The Norwegian subsea solutions provider is said […]

Saipem wins wireless subsea drone contract for Njord oil field from Equinor

Saipem wins wireless subsea drone contract for Njord oil field from Equinor

Saipem has bagged a subsea service contract from Equinor for deploying a wireless underwater intervention drone and a remotely operated underwater vehicle (ROV) at the Njord oil field in the Norwegian Sea. The Njord oil field, which was in production from 1997 to 2016, is slated to resume production next year and will use the […]

Vår Energi to acquire ExxonMobil’s Norwegian upstream assets

Vår Energi to acquire ExxonMobil’s Norwegian upstream assets

Norwegian oil and gas company Vår Energi has signed a $4.5 billion deal to acquire the non-operated upstream assets of ExxonMobil in the North Sea and the Norwegian Sea. The acquisition will give Vår Energi access to 20 plus producing fields offshore Norway, which including Grane, Snorre, Fram, Ormen Lange, and Statfjord among others. Put […]

Balder X project : BHGE, Ocean Installer win subsea contract from Vår Energi

Balder X project : BHGE, Ocean Installer win subsea contract from Vår Energi

GE subsidiary Baker Hughes (BHGE) and Norwegian subsea contractor Ocean Installer have won a subsea contract from Vår Energi for the Balder X project in the North Sea. The Balder X project, which calls for an investment of NOK 15 billion ($1.65 billion), involves the re-development of the Balder and Ringhorne fields located on the […]

Trestakk field starts oil production from Åsgard A platform

Trestakk field starts oil production from Åsgard A platform

Equinor Energy, ExxonMobil and Vår Energi have announced the start of production from the Trestakk field in the Norwegian Sea, on time, and without any serious incidents. The Trestakk oil and gas field, which is located on Haltenbanken Norwegian Sea in a depth of around 3,900 metres, is tied back to the Åsgard A floating […]

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