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DOF Group wins contract for Skandi Kvitsøy PSV in North Sea

DOF Group wins contract for Skandi Kvitsøy PSV in North Sea

The DOF Group has been awarded a long-term contract for the Skandi Kvitsøy offshore supply ship in the North Sea from an undisclosed multinational energy company. The Norwegian supply shipping company did not disclose the value of the charter contract, which will begin in Q1 2021. The contract is for a duration of one year […]

Equinor Energy gets NPD nod for drilling well 31/11-1 S in PL 785 S

Equinor Energy gets NPD nod for drilling well 31/11-1 S in PL 785 S

Equinor Energy has secured drilling permit from the Norwegian Petroleum Directorate (NPD) for well 31/11-1 S in production licence 785 S (PL 785 S) in the Norwegian North Sea. The company will drill well 31/11-1 S with the Deepsea Atlantic drilling facility. The wildcat well will be drilled 62 kilometres, south of the Troll field. […]

INPEX wins PL 1130 and PL 1129 licenses in Norway’s APA 2020 round

INPEX wins PL 1130 and PL 1129 licenses in Norway’s APA 2020 round

Japanese oil company INPEX, through its subsidiary INPEX Norge, has won two Norwegian offshore licenses – PL 1130 and PL 1129 as part of Norway’s Awards in Pre-defined Areas 2020 licensing round (APA 2020 licensing round). PL 1130 is contained in the Nyk High region of the northern Norwegian Sea. On the other hand, the […]

Gråsel oil field : Aker BP and partners to invest $140m to develop Norwegian Sea discovery in 2021

Gråsel oil field : Aker BP and partners to invest $140m to develop Norwegian Sea discovery in 2021

Aker BP and its partners in the Skarv Ara in the Norwegian Sea have decided to develop the Gråsel oil field next year having approved a final investment decision. The development of the Gråsel discovery is expected to involve an investment of around NOK 1.2 billion ($140.4 million). Gråsel was discovered in 1998. Aker BP’s […]

OKEA to acquire Repsol’s stake in Vette oil discovery and PL 972

OKEA to acquire Repsol’s stake in Vette oil discovery and PL 972

Norway-based OKEA has agreed to acquire Repsol Norge’s 40% operated working interest in the in the Norwegian North Sea’s PL 972, which includes the Vette oil discovery, for an undisclosed price. The Vette oil discovery contained in Block 17/12 is located at a water depth of nearly 110 metres in the south-eastern part of the […]

Northern Lights CCS project gets approval from Norwegian government

Northern Lights CCS project gets approval from Norwegian government

The Norwegian government has approved the Northern Lights CCS project, a CO2 transport and storage project being taken up by Equinor and its partners on the Norwegian Continental Shelf (NCS). The Northern Lights CO2 transport and storage project also secured funding commitment from the Norwegian government. Northern Lights will enable the transport of CO2 from […]

Snorre Expansion Project : Equinor begins production from oil recovery project

Snorre Expansion Project : Equinor begins production from oil recovery project

Equinor has started production from the NOK 19 billion ($2.17 billion) Snorre Expansion Project in the Norwegian North Sea, ahead of schedule. Originally, the increased oil recovery project at the Snorre field was to come on stream in the first quarter of next year. Commenting on the commissioning of the Snorre Expansion Project, Geir Tungesvik […]

Havila Shipping wins $90m contracts to provide supply vessels to Equinor

Havila Shipping wins $90m contracts to provide supply vessels to Equinor

Norwegian shipping company Havila Shipping has won three-year contracts worth around NOK 800 million ($90.7 million) for the use of two of its supply vessels by Equinor on the Norwegian continental shelf (NCS). The supply vessels involved in the deal are Havila Charisma and Havila Foresight. The contracts come with four one-year options, said Equinor. […]

Maersk Integrator jack-up rig to be deployed for OMV in PL 970, Norway

Maersk Integrator jack-up rig to be deployed for OMV in PL 970, Norway

Maersk Drilling has bagged a one-well contract worth around $14.3 million from OMV (Norge) for using its Maersk Integrator jack-up rig for drilling in the Ommadawn prospect in PL 970 in Norwegian waters. The jack-up rig will drill an exploration well in the prospect with the contract expected to begin in mid-2021. It is estimated […]

Norway offers 136 blocks in 25th licensing round on NCS

Norway offers 136 blocks in 25th licensing round on NCS

The Norwegian government is offering 136 blocks in the 25th licensing round on the Norwegian continental shelf (NCS), all of them located in the Norwegian Sea and the Barents Sea. While 11 blocks are being offered in the Norwegian Sea in one region, the remaining 136 blocks are in the Barents Sea, across eight areas. […]

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