Norway: December oil output rises above expectations

Norway ended 2020 on a high note with oil production in December 2020 above forecasts made by the Norwegian Petroleum Directorate (NPD). Preliminary production figures for December 2020 show an average daily production of 2,135,000 barrels of oil, NGL, and … Read More

Dolphin rig lands new deal in Norway

Offshore drilling contractor Dolphin Drilling has secured another rig contract with a new Norwegian operator. This time with INEOS Energy on the Norwegian Continental Shelf (NCS). The work, scheduled to start in during 3Q 2021, includes drilling of the Fat … Read More

Edison sells Norwegian subsidiary to Sval Energi

Italian energy player Edison has sold its wholly-owned Norwegian subsidiary Edison Norge, the company that controls the group’s hydrocarbon exploration and production activities in Norway, to Sval Energi. Edison said that its Norwegian subsidiary controls all Norwegian activities excluded from … Read More

Norway approves carbon transport and storage project

Following a historic vote in parliament, the Norwegian Government on Tuesday announced its funding decision for the Northern Lights CO2 transport and storage project in Norway. Northern Lights project; Source: Equinor The project will enable the shipping, reception, and sequestration … Read More

Equinor gets consent to extend Veslefrikk field life

Norwegian safety watchdog Petroleum Safety Authority (PSA) has given Equinor a consent for the life extension for Veslefrikk. PSA said on Tuesday that the consent given to Equinor applies to the operation of Veslefrikk until 21 December 2022. It is … Read More

Aker BP gets approval for Hod field development plan

The Norwegian authorities have approved Aker BP’s development and operation plan for the Hod field in the Norwegian part of the North Sea. Aker BP submitted the PDO for the Hod project to the country’s Ministry of Petroleum and Energy … Read More

Norwegian shipowner sentenced for involvement in Harrier’s scrapping case

Norwegian shipowner Georg Eide has been sentenced for having aided Singapore-based cash buyer Wirana Shipping in an attempt to export barge carrier Harrier (ex-Tide Carrier) to a scrapyard in Pakistan back in 2017. A district court in Sunnhordland, Norway convicted … Read More

Norwegian marine minerals potential could be worth billions

Marine minerals could create 21,000 jobs and a $20 billion market for Norway in the next decades, Rystad Energy report says. Credit: NPD That is the most optimistic estimate in a new Rystad Energy report on excavation of offshore minerals … Read More

Year-long outage of Hammerfest LNG plant to affect Neptune output

Oil and gas company Neptune Energy expects its full-year production to be impacted by the closure of the Equinor-operated Hammerfest LNG plant following a recent fire incident while its losses of revenues will be recovered through insurance claims. The Hammerfest … Read More

Prosafe gets $13.6 million worth North Sea job from ConocoPhillips

Offshore accommodation rig provider Prosafe has been awarded a contract by ConocoPhillips to provide accommodation support using either the Safe Boreas or Safe Zephyrus flotel on the Ekofisk field located offshore Norway. This is related to the tie-in of the … Read More