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Equinor Energy secures permit from NPD for drilling PL 090 I wells

Equinor Energy secures permit from NPD for drilling PL 090 I wells

Equinor Energy has secured drilling permit for 31/2-22 S and 31/2-22 A wells in the production licence 090 I (PL 090 I) in the Norwegian North Sea from the Norwegian Petroleum Directorate (NPD). The Norwegian oil and gas company will drill the 31/2-22 S and 31/2-22 A wells using the West Hercules drilling rig, nearly […]

AGR Consultancy to provide temporary contract workers for Vår Energi

AGR Consultancy to provide temporary contract workers for Vår Energi

AGR Consultancy, a wells and reservoir consultant, has won a frame agreement with Vår Energi for providing temporary contract workers for the latter’s operations on the Norwegian Continental Shelf. The agreement calls for the supply of offshore, subsurface, drilling and wells, IT and other technical, health safety, environment and quality (HSEQ), and administrative consultant personnel. […]

Breidablikk oil project : Equinor and partners to move ahead with $2bn field development

Breidablikk oil project : Equinor and partners to move ahead with $2bn field development

Breidablikk oil project : Equinor and its partners Petoro, ConocoPhillips Skandinavia, and Vår Energi have approved the development of the Breidablikk oil field in the Norwegian North Sea with an investment of NOK 18.6 billion ($1.96 billion). The partners will submit the plan for development and operation of the Breidablikk field to the Norwegian Minister […]

Neptune Energy gets NPD nod for drilling 6406/12-G-1 H well in PL 586

Neptune Energy gets NPD nod for drilling 6406/12-G-1 H well in PL 586

Neptune Energy has been granted a drilling permit from the Norwegian Petroleum Directorate (NPD) for drilling well 6406/12-G-1 H in production licence 586 (PL 586) in the Norwegian Sea. The wildcat well will be drilled by using the West Phoenix drilling facility once it wraps up the drilling of observation well 6406/12-H-4 for Neptune Energy […]

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 […]

Vår Energi selects Capgemini to deliver digital transformation

Vår Energi selects Capgemini to deliver digital transformation

Vår Energi, a Norwegian oil and gas company, has signed a partnership agreement with French IT company Capgemini to fast track its digital transformation. As per the agreement, Capgemini will support the digital transformation program of Vår Energi by providing digital services to enable the latter to benefit from the full digital potential. The Norwegian […]

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 […]