The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for the exploration well 16/5-7 in the North Sea, offshore Norway.The drilling program for 16/5-7 relates to the drilling of a wildcat well in production license 502…
Around 200 Norwegian offshore oil and gas workers plan to go on strike on June 4 unless pay negotiations lead to a deal with employers, the Lederne labour union said on Wednesday.A strike would hit seven offshore fields and at least two of those would have to shut production…
Oil and gas companies working in Norway have hiked their 2019 and 2020 investment forecasts as they add more field development plans, a survey by the country's statistics agency (SSB) showed on Tuesday.Higher investment raises the prospect of further interest rate hikes by Norway's central bank…
Whatever its investments in wind, Equinor on Monday received a much anticipated greenlight to drill for oil in a mature quadrant of the North Sea, where success with the drill bit could again change field economics for the giant Johan Sverdrup field — and other…
Norwegian oil and gas company OKEA has secured the Odfjell Drilling-owned semi-submersible rig Deepsea Nordkapp to drill for upside opportunities within and surrounding the Draugen field offshore Norway.The drilling operation is expected to commence in Q4 2019…
Aker BP ASA announced it has awarded frame agreements with three suppliers for the provision of platform supply vessels (PSV), in a move that aims to reorganize the value chain.The three suppliers Simon Møkster Shipping AS, Eidesvik Offshore…
Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project…
Aker ASA expects Ghanaian authorities to approve a revised $4.4 billion development plan for the offshore Pecan oilfield by the end of the third quarter of 2019, the Norwegian investment firm's chief executive told Reuters on Friday.The company…
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for well 25/11-29 S in production licence PL 916.The well will be drilled from the Deepsea Stavanger drilling facility in position 59°02'48.44'N and 02°26'21.80'E after…
Semi-submersible accommodation vessel owner and operator Prosafe said it has reached an agreement with Norwegian focused exploration and production company Aker BP to restructure the remaining seven one-month options for the Safe Scandinavia…
Norwegian operator Aker BP announced Tuesday it has found up to 130 mmboe in the the Froskelår Main exploration well in licence 869 in the Alvheim area.Aker BP said the preliminary gross resource estimate is 60-130 mmboe, and that part of the…
Norwegian exploration and production company DNO says it plans to drill 48 wells this year, the highest number in the company's 48-year history. The drilling program, comprising 25 development/infill wells and 11 exploration/appraisal wells…
Norway’s offshore safety watchdog Petroleum Safety Authority (PSA) has given Aker BP consent to use the Maersk Interceptor mobile drilling facility for production drilling on the Ivar Aasen field offshore Norway.The safety agency said that the…
Norway's Aker BP will boost dividend payments between now and 2023 and step up investment in developing offshore oil and gas fields next year, the independent oil company said on Thursday.The result of a 2016 merger between the Norwegian operations…
PGNiG Upstream International AS, a subsidiary of Polish Oil and Gas Company, and Norwegian oil giant Aker BP have signed a contract for the lease of a semi-submersible drilling rig.In autumn, the exploration well will start to be drilled on the Shrek prospectus within PL838 license…
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