Barents Sea News

 

Equinor Files Impact Assessment for Wisting Project in Barents Sea

Feb 01, 2022

Norwegian oil and gas company Equinor has filed an impact assessment for the development and operation of the Wisting oil field in the Barents Sea. The plan for development and operation (PDO) is planned to be completed at the end of 2022.The…

Equinor's Hammerfest LNG Plant Extends Outage

Jan 31, 2022

Norway's Hammerfest LNG plant faces a further delay before restarting production following a fire in 2020, Equinor and Norwegian gas system manager Gassco said on Monday.The plant, operated by Equinor, is now expected to resume output on May 17…

Equinor Wins 26 Production Licenses Off Norway. Plans to Drill 25 Exploration Wells in 2022

Jan 18, 2022

Norwegian oil and gas firm Equinor has been awarded 26 new production licenses by Norway’s Ministry of Petroleum and Energy Award in Predefined Areas. In total, Norway has offered 28 companies ownership interests in a total of 53 offshore oil…

OMV Exits Barents Sea Oil Field With $320M Sale to Lundin Energy

Dec 17, 2021

Austrian oil and gas company OMV has completed the sale of its stake in the Wisting oil field in the Barents Sea, offshore Norway, to Lundin Energy.The two companies had signed the sale and purchase agreement in October 2021, and after obtaining the necessary approvals from Norwegian authorities…

Equinor's Barents Sea Johan Castberg Project Faces Further Delay, Cost Overrun

Oct 12, 2021

Equinor's Johan Castberg Arctic oilfield will cost some 10% more to develop than expected a year ago, and will start production later than expected, primarily due to the pandemic, the Norwegian government's budget showed on Tuesday.The project…

Wood to Support Horisont Energi's Barents Blue Project

Oct 06, 2021

Horisont Energi, a low-carbon technology company based in Norway, has signed a framework agreement with Wood, a major global consulting and engineering firm.As Horisont Energi continues to mature projects in clean ammonia and hydrogen, Wood…

Vår Energi Spuds Rødhette Well, Partner Longboat Says

Sep 15, 2021

Longboat Energy, a recently formed North Sea exploration and production firm, has announced the spudding of the Rødhette exploration well in the Barents Sea, off Norway, by its partner Vår Energi.Longboat, formed by ex-Faroe Petroleum management…

Horisont Energi, Equinor, and Vår Energi Team Up in Blue Ammonia Project in Barents Sea

Sep 09, 2021

Norwegian carbon tech company Horisont Energi has signed a cooperation agreement with oil firms Equinor and Vår Energi for the development of Barents Blue, Europe's first large-scale production facility for blue ammonia.Bjørgulf Haukelidsæter Eidesen…

Vår Energi Gets OK to Drill at Rødhette Prospect in Barents Sea

Aug 13, 2021

Norwegian oil and gas exploration and production company Vår Energi has obtained regulatory consent to drill an exploration well in the Barents Sea, off Norway.The Petroleum Safety Authority Norway on Thursday said it had given Vår Energi its…

Equinor Drills Duster Near Wisting Discovery in Barents Sea

Jun 03, 2021

Norwegian oil and gas firm Equinor has drilled a dry exploration well near the Wisting discovery in the Barents Sea, offshore Norway.According to the Norwegian Petroleum Directorate, the exploration target of the well was to prove petroleum…

DNV, Vinde to Inspect Vår Energi's Offshore Assets

May 04, 2021

Norway-based oil company Vår Energi has awarded a three-year inspection services contract to a strategic partnership between DNV and Vinde Tilkomstteknikk. The contract will cover inspection services to the oil and gas operator’s full portfolio of assets on the Norwegian Continental Shelf…

Equinor Gets Green Light to Drill Barents Sea Well

Mar 29, 2021

Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…

Equinor Strikes Oil Near Johan Castberg Field in Barents Sea

Mar 10, 2021

Equinor and its partners Vår Energi and Petoro have discovered oil at an exploration well near the Johan Castberg development in the Barents Sea.Recoverable resources at the well - formally known as well 7220/7-4 - in production licence 532…

Norway Launches Consultation on Offshore Licensing Round with 84 New Blocks

Feb 25, 2021

Norway launched a consultation on Thursday on a 2021 licensing round in mature areas in which it offered 84 new blocks for petroleum exploration, including 70 in the Arctic Barents Sea.The maps attached to a statement by the Petroleum and Energy…

Lundin's Barents Sea Well Comes Up Dry

Feb 02, 2021

Oil and gas company Lundin Energy has drilled a dry well at its production license 533 B, in the Barents Sea, offshore Norway.The exploration well, formally named 7219/11-1, was drilled around 40 kilometers southwest of the Johan Castberg field…

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