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Equinor reports gas and condensate discovery in PL 878 near Kvitebjørn field

Equinor reports gas and condensate discovery in PL 878 near Kvitebjørn field

Equinor and its partners have made a gas and condensate discovery near the Kvitebjørn field in production licence 878 (PL 878) in the Norwegian North Sea through the drilling of the exploration well 30/2-5 S Atlantis. The new gas and condensate discovery has been made 17 south of the Kvitebjørn field and 10 kilometres north […]

Oseberg oil field : Aibel wins contract from Equinor for modification tasks

Oseberg oil field : Aibel wins contract from Equinor for modification tasks

Aibel has bagged a portfolio agreement from Equinor for carrying out modification tasks on the Oseberg oil field in the North Sea. The Norwegian oil industry company said that the first call-off of the agreement is for undertaking front-end engineering and design (FEED) of Oseberg Gas Capacity Upgrade and Power from Shore (OGP). According to […]

Equinor, Shell and Total to invest $680m in Northern Lights CCS project

Equinor, Shell and Total to invest $680m in Northern Lights CCS project

Oil and gas giants Equinor, Shell and Total have taken the decision to make initial investments of nearly NOK 6.9 billion ($680 million) in the Northern Lights CCS project, the first-ever carbon capture and storage project (CCS Project) on the Norwegian Continental Shelf. Equinor said that plans for development and operation of the CCS project […]

PGNiG completes Gina Krog and Alve Nord deal with Aker BP

PGNiG completes Gina Krog and Alve Nord deal with Aker BP

Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) said that its subsidiary PGNiG Upstream Norway has wrapped up a previously announced transaction to acquire stakes in the producing Gina Krog field and the undeveloped Alve Nord field, both located offshore Norway, from Aker BP. For the Polish state-controlled oil and gas company, the closing of the deal […]

Northern Lights CCS project : Equinor and partners complete drilling of exploration well

Northern Lights CCS project : Equinor and partners complete drilling of exploration well

Oil and gas giants Equinor, Shell, and Total have reported positive results from the drilling of an exploration well 31/5-7 Eos located south of the Troll field in the North Sea as part of the Northern Lights CCS project. The drilling of the wildcat well 31/5-7 is to study if the reservoir in the Johansen […]

Sigrun East oil discovery : Equinor, Neptune find more oil in PL 025

Sigrun East oil discovery : Equinor, Neptune find more oil in PL 025

Sigrun East oil discovery : Equinor and its partner Neptune Energy have pulled off an oil discovery in the Sigrun East prospect in the Norwegian North Sea, believed to have estimated recoverable resources of 7-17 million barrels of oil equivalent. The oil discovery on the Norwegian Continental Shelf was made in production licence PL 025 […]

Lundin Norway gets NPD permit for drilling wildcat well 7221/4-1 in PL 609

Lundin Norway gets NPD permit for drilling wildcat well 7221/4-1 in PL 609

Lundin Norway has been granted a permit from the Norwegian Petroleum Directorate (NPD) for drilling the wildcat well 7221/4-1 in production licence 609 (PL 609) in the Barents Sea. The company, which is the operator of production licence 609 with 40% stake, will drill well 7221/4-1 using the West Bollsta drilling facility. The other partners […]

PGNiG increases stake in Duva oil and gas field, offshore Norway

PGNiG increases stake in Duva oil and gas field, offshore Norway

PGNiG Upstream Norway has secured a final administrative consent to increase its presence in the Duva oil and gas field in the North Sea by acquiring an additional 10% interests in the PL636 and PL636B licences. With the closing of the deal, PGNiG Upstream Norway’s interests in both the licences have gone up to 30%. The […]

Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets

Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets

Vår Energi celebrated its first anniversary by wrapping up its previously announced $4.5 billion acquisition of the non-operated upstream assets of ExxonMobil in the Norwegian North Sea and the Norwegian Sea. The Norwegian oil and gas company, which is owned by Eni (69.6%) and HitecVision (30.4%), has doubled its production from the Norwegian Continental Shelf […]

Ærfugl project : Aker BP and partners to proceed with phase 2 development

Ærfugl project : Aker BP and partners to proceed with phase 2 development

Aker BP and its partners will move ahead with the second phase of the NOK 8 billion ($880 million) Ærfugl project (formerly Snadd field development) in the Norwegian Sea, three years ahead of the original start-up plan of 2023. The Ærfugl field is located in the northern part of the Norwegian Sea, just west of […]

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