Vår Energi Gets Go-Ahead for Barents Sea Drilling Campaign

Monday, November 4, 2024

The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the Barents Sea.

The permit has been issued for wellbore 7122/9-2 in production license 1131, which is operated by Vår Energi with 40% working interest.

The company’s partners in the license include Petoro, Equinor, and Aker BP, each holding 20% stake.

The drilling operations will be conducted with COSL Drilling’s COSLProspector semi-submersible drilling rig.

COSLProspector can operate in water depths up to 1500 meters and drilling depths to 7500 meters. The unit is designed for North Sea/Norwegian Sea and worldwide use in harsh environments.

The operation is part of a two-year drilling program in the Barents region offshore Norway, as part of contract COSL signed with Vår Energi in September 2023.

Categories: Drilling Industry News Activity Europe Barents Sea Oil and Gas

Related Stories

Shell Finds Gas at Selene Prospect in North Sea

TotalEnergies Makes Additional Gas Discovery at Harald Field in Danish North Sea

Portugal's Galp Record 22% Profit Fall with Less Oil Output

Current News

Did You Know? AI-Enhanced Botnets Become Ever Evasive

Enersol to Acquire Deep Well Services in $223M Deal

New Industry Alliance Targets Tech Supply for Multi-MW Tidal Energy Projects

Sweden Greenlights One, Rejects 13 Offshore Wind Farms

Subscribe for OE Digital E‑News