Wintershall Dea said that it has made a gas, condensate, and oil discovery by the drilling of wildcat well 6507/4-2 S at the Dvalin North prospect in the Haltenbanken area of the Norwegian Sea. According to the German oil and gas company, the Dvalin North discovery is estimated to have 33-70 million barrels of oil […]
Sval Energi, a Norwegian oil and gas company, has wrapped up its $300 million acquisition of Edison Norge, which controls Italian energy company Edison’s hydrocarbon exploration and production activities in Norway. The deal was announced in December 2020. Edison Norge has participation across nine production licences on the Norwegian continental shelf. These include the Nova […]
Ineos Energy has signed a $615 million deal to divest its oil and gas business in Norway to PGNiG, a Polish state-controlled company. The sale includes the stakes of Ineos Oil & Gas in production, fields, licences, facilities, and pipelines, offshore Norway. The Norwegian subsidiary of Ineos Oil & Gas – Ineos E&P Norge has […]
Warka gas discovery : PGNiG Upstream Norway has claimed to have made a large gas discovery in the Norwegian Sea through the drilling of a wildcat well 6507/4-1 on the Warka prospect in license PL1009. According to the company, the exploration well is located in an area where it has been carrying out hydrocarbon exploration […]
Aibel has bagged a portfolio agreement from Equinor for carrying out modification tasks on the Oseberg oil field in the North Sea. The Norwegian oil industry company said that the first call-off of the agreement is for undertaking front-end engineering and design (FEED) of Oseberg Gas Capacity Upgrade and Power from Shore (OGP). According to […]
Oil and gas giants Equinor, Shell and Total have taken the decision to make initial investments of nearly NOK 6.9 billion ($680 million) in the Northern Lights CCS project, the first-ever carbon capture and storage project (CCS Project) on the Norwegian Continental Shelf. Equinor said that plans for development and operation of the CCS project […]
Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) said that its subsidiary PGNiG Upstream Norway has wrapped up a previously announced transaction to acquire stakes in the producing Gina Krog field and the undeveloped Alve Nord field, both located offshore Norway, from Aker BP. For the Polish state-controlled oil and gas company, the closing of the deal […]
Oil and gas giants Equinor, Shell, and Total have reported positive results from the drilling of an exploration well 31/5-7 Eos located south of the Troll field in the North Sea as part of the Northern Lights CCS project. The drilling of the wildcat well 31/5-7 is to study if the reservoir in the Johansen […]
Sigrun East oil discovery : Equinor and its partner Neptune Energy have pulled off an oil discovery in the Sigrun East prospect in the Norwegian North Sea, believed to have estimated recoverable resources of 7-17 million barrels of oil equivalent. The oil discovery on the Norwegian Continental Shelf was made in production licence PL 025 […]
Lundin Norway has been granted a permit from the Norwegian Petroleum Directorate (NPD) for drilling the wildcat well 7221/4-1 in production licence 609 (PL 609) in the Barents Sea. The company, which is the operator of production licence 609 with 40% stake, will drill well 7221/4-1 using the West Bollsta drilling facility. The other partners […]