Wellesley Petroleum makes Carmen discovery in PL1148, Norwegian North Sea

Wellesley Petroleum makes Carmen discovery in PL1148, Norwegian North Sea

Norway-based oil company Wellesley Petroleum AS has announced the Carmen discovery, a significant commercial hydrocarbon discovery in the North Sea, according to the Norwegian Petroleum Directorate (NPD). The exploration well 35/10-10 S and appraisal sidetrack well 35/10-10 A, operated by Wellesley Petroleum in licence PL1148 (Wellesley 50%, DNO 30%, Equinor 10%, AkerBP 10%) using the […]

Aker BP’s Skarv Satellite Project wins approval from Norwegian MPE

Aker BP’s Skarv Satellite Project wins approval from Norwegian MPE

The Norwegian Ministry of Petroleum and Energy (MPE) has sanctioned Aker BP’s three Plans for development and operation (PDO) as part of the Skarv Satellite Project (SSP) in the Norwegian Sea. Aker BP, in collaboration with licence partners PGNiG, Wintershall Dea, and Equinor, submitted the PDOs to the Ministry last December. The development initiatives under […]

Norway approves $18.5bn oil and gas projects amid recovering demand

Norway approves $18.5bn oil and gas projects amid recovering demand

The Norwegian Ministry of Petroleum and Energy has approved 19 significant oil and gas projects on the Norwegian continental shelf, an investment exceeding NOK 200 billion ($18.5 billion), marking a significant step in the nation’s energy industry. These approved projects span new developments, enhancements of existing oil fields, and strategic investments for increased extraction at […]

Equinor Energy’s wildcat well 31/2-24 near Troll field turns out to be dry

Equinor Energy’s wildcat well 31/2-24 near Troll field turns out to be dry

Equinor Energy has failed to find any hydrocarbons following the drilling of wildcat well 31/2-24, located approximately 3km west of the Troll field in the Norwegian North Sea. Well 31/2-24, drilled about 115km northwest of Bergen, targeted to prove petroleum existence in Upper and Middle Jurassic reservoir rocks, specifically in the Sognefjord Formation in the […]

Equinor to acquire Suncor Energy’s UK assets for $850m

Equinor to acquire Suncor Energy’s UK assets for $850m

Norwegian state-owned multinational energy company Equinor through its subsidiary Equinor UK will acquire the UK assets of Canada’s Suncor Energy for $850 million, to optimize its oil and gas portfolio and increase its presence in the UK market. With proposed transaction, Equinor will add around 15,000 barrels of oil equivalent a day in equity share […]

H2H Saltend project : Equinor awards FEED contract to Linde

H2H Saltend project : Equinor awards FEED contract to Linde

Equinor has contracted Linde Engineering and BOC, both Linde companies, to advance the 600MW H2H Saltend low carbon hydrogen production project in the UK. The Norwegian state-owned oil and gas company has awarded a front-end engineering design (FEED) contract to Linde Engineering, and an operation and maintenance service contract to BOC. Under the contract, Linde […]

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