Norway
News
January 10, 2018
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the drilling of the Hurri exploration well 7219/12-3S located in PL533 in the southern Barents Sea. The well was dry.
News
January 04, 2018
Norway beat back an unprecedented lawsuit by environmental groups that sought to curb oil drilling in the country鈥檚 Arctic waters.
Article
December 2017
A need for leadership
News
December 11, 2017
Following an overall assessment, the Petroleum Safety Authority Norway (PSA) has determined that the order which required a shutdown of Goliat has now been complied with. This means that operator Eni Norge (Eni) can bring the field back on stream.
News
December 07, 2017
Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).
News
December 06, 2017
SBM Offshore has announced that the Company has been awarded the contract and received the corresponding notice from Statoil to proceed with the engineering, procurement, construction (EPC) work scope for a large-scale turret mooring system for its Johan Castberg development.
News
November 22, 2017
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea. A non-commercial gas discovery was made in the main well while the sidetrack was dry.
News
November 15, 2017
The man overseeing western Europe鈥檚 biggest crude spigot is fighting back against the oil doubters.
News
October 15, 2017
It鈥檚 been a bad year for oil explorers in Norway鈥檚 Arctic: a record campaign in the Barents Sea yielded little; the most exciting well in years proved to be a flop; and Norwegians grew increasingly skeptical about the industry that made them rich.
News
August 07, 2017
Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil.
News
August 06, 2017
Norway鈥檚 oil industry has been salivating for years over the Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.
News
July 03, 2017
Low oil prices mean drilling for oil and gas in an offshore zone between Russia and Norway will not bring the economic benefits Oslo had predicted, according to a report commissioned by two green groups that are suing the Norwegian state over its plans.
News
March 29, 2017
Russia can wait for a sustained recovery in oil prices before drilling again in Arctic waters, relying for now on less costly regions even as rival producer Norway accelerates development of its northerly fields.
News
February 15, 2017
Explorers look set to drill a record number of wells in Norway鈥檚 Arctic waters this year, undeterred by oil prices apparently stuck below $60/bbl.
News
February 13, 2017
Lundin Petroleum announced that it has made an oil and gas discovery in the main well 7219/12-1 and is presently drilling a sidetrack 7219/12-1A on the Filicudi prospect.
News
September 08, 2016
A series of mishaps at the world鈥檚 northernmost producing oil field shows Norway鈥檚 plan to boost its flagging production by tapping the Arctic Ocean may not be so easy.
News
August 31, 2016
Some professionals in the global oil and gas industry might think that with oil prices continuing to perform at sub-par levels, all thought of exploiting Arctic plays like the Barents Sea has ceased. But that鈥檚 just not true, according to Statoil Executive V.P. Tim Dodson.
News
August 31, 2016
Sub-zero temperatures, high seas, strong winds and low daylight present their own unique challenges for the offshore sector. Conditions can be tough in the frontier areas opening up in the Norwegian Sea and the Barents Sea鈥攚hich may call for specialized equipment and robust offshore personnel.
Article
August 2016
A new forged completion landing string gives operators and drilling contractors the flexibility to use the same tubular string for both drilling and completion operations, without compromising performance or safety.
Article
July 2016
It isn鈥檛 just about oil
Article
May 2016
Advances in technology are enabling the discovery of, and access to, offshore hydrocarbon reserves previously thought uneconomical. However, many viable-but-challenging projects are put on hold because of uncertainties about their feasibility, high start-up costs, and long lead times. To solve these problems, several holistic subsea processing systems have been created to enhance field economics.