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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 […]

Maersk Interceptor to drill exploratory well on PL617, offshore Norway

Maersk Interceptor to drill exploratory well on PL617, offshore Norway

Danish drilling rig operator Maersk Drilling has bagged a drilling contract worth $16.5 million for its Maersk Interceptor jackup drilling rig from MOL Norge for the drilling of an exploration well on PL617 in the Southern North Sea in Norwegian waters. MOL Norge is the operator of PL617 where it is partnered by Wintershall Dea and […]

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 […]