2017 is set to be a record year for exploration in the Barents Sea, with one prospect in particular getting most of the attention. Edison Investment Research’s Elaine Reynolds explores the scene. Tapping Korpfjell: the Songa Enabler…
Having a power hub, to supply future Barents Sea developments, could help operators mitigate CO2 emissions – and the regulations that they could come up against. Marius Kluge Foss, of Rystad Energy, explains. The Barents Sea is the last Norwegian oil province with anticipated future growth…
Despite disappointment at Korpfjell, there’s optimism in the far North. The Christophe de Margerie LNG carrier in icy conditions. Photo from Total. High hopes were pinned on the multi-billion-barrel potential Korpfjell prospect…
The Snøhvit gas field produces back to the Hammerfest LNG plant at Melkøya. Photo from Statoil/ Harald Pettersen. With a new phase in Barents Sea developments on the way, plus strong drilling activity…
The Norwegian Ministry of Petroleum and Energy received a record response for the Awards in Predefined Areas (APA) 2017 round, with a total of 39 companies submitting applications for new acreage on the Norwegian Continental Shelf (NCS). Map…
One of the most anticipated exploration wells in Europe this year was the multi-billion barrel potential Arctic Korpfjell prospect in the Barents Sea. While the probe, completed late September, didn't prove commercial volumes, the region…
Statoil and partners OMV and Petoro have made a non-commercial gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well found a small amount of oil. The well was drilled in license PL 855…
Island Drilling has been awarded a drilling contract with OMV Norge for one well on the Wisting license in the Norwegian Barents Sea. OMV will use the Island Innovator semisubmersible drilling rig, starting in Q3 this year. The Island Innovator is currently in warm lay-up at Hanøytangen…
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for wildcat well 7435/12-1 in the Barents Sea. Map of 7435/12-1, from NPD. Well 7435/12-1 in production…
Statoil and partners Eni and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea, despite having been looking for oil. The Songa Enabler…
OMV (Norge) AS has received consent from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in block 7324/8 in the Barents Sea. Island Innovator. Image from Island Drilling…
Lundin believes the future is in the north. Elaine Maslin reports on the firm’s plans for the Alta Gohta development. An artist’s impression: Alta Gohta. Image from Lundin. Norway’s far north…
Statoil has started drilling at the Blåmann well in the Barents Sea, the first of five wells in its exploration program, the Norwegian giant announced today (22 May). Image of the Songa Enabler…
Statoil says it is about to start its exploration program in the Barents Sea testing five to seven new opportunities over the next six months. The program will test new targets, both in the relatively well known geology around in the Johan Castberg and Hoop/Wisting area…
There are higher hopes for the Barents Sea as the Norwegian Petroleum Directorate (NPD) said the northeastern part of the basin contains more than double that in the southern area. The NPD also expects 15 wildcat wells to be drilled in the Barents Sea this year…
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