Norway Grants Two-Well Drilling Permit to Vår Energi

COSLProspector (Credit: Canarship)
COSLProspector (Credit: Canarship)

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

The permit has been issued for wells 7122/7-8 and 7122/8-3 S in production license 229.

The license is operated by Vår Energi, which has a 65% stake, with partner Equinor holding the remaining 35% interest.

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.

Current News

DeepOcean Extends Vessel Charters

DeepOcean Extends Vessel Chart

Rystad Energy: No Surprises on Trump’s Day 1

Rystad Energy: No Surprises on

European firms exposed as Trump targets US offshore wind

European firms exposed as Trum

US NatGas Demand Could Hit Record High

US NatGas Demand Could Hit Rec

Subscribe for OE Digital E‑News

Offshore Engineer Magazine