Norway's latest offshore licensing round, focusing on the Barents Sea and Norwegian Sea, has drawn fewer than half the number of companies than its previous round attracted. Just 11 companies have applied for production licenses in the 24th licensing…
Lundin has started drilling on the Hufsa exploration well in PL533 in the southern Norwegian Barents Sea. The well (7219/12-2) is south of the Filicudi oil discovery and the large Statoil-operated Johan Castberg oil discovery. The…
Ocean Rig's Leiv Eiriksson Yet another Barents Sea prospect has come up dry. Lundin Petroleum confirmed today that an exploration well on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea was a duster…
Ocean Rig has signed a contract with Statoil, for a one-well drilling program offshore Tanzania. The contract is expected to start in Q1 2018, and will use the Ocean Rig Poseidon, a 6th generation deepwater drillship based on the enhanced SAIPEM 10000 design…
CGG has successfully completed acquisition of the first-ever full-scale commercial survey using TopSeis, its latest offshore broadband seismic acquisition and imaging solution. The inaugural TopSeis survey was commissioned by Lundin Norway…
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…
Lundin Petroleum is on the heels of beginning an active exploration drilling program in the southern Barents Sea with Ocean Rig’s Leiv Eiriksson semisubmersible. The program, which will begin with a multi-billion bbl prospect, includes spudding…
Lundin Petroleum has started drilling exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea. The Børselv prospect is estimated to contain gross unrisked prospective resources of 244 MMboe…
Lundin Norway has completed two appraisal wells on the Alta oil and gas discovery in license 609 the Barents Sea. Wells 7220/11-4 and 7220/11-4 A were drilled using the Leiv Eiriksson semisubmersible drilling rig about in 402m water depth…
Japan's Inpex has made its first move into Norway by agreeing to acquire a 40% stake in PL767 in the western Barents Sea from Bayerngas Norge. Map of PL767, from Inpex. The license…
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…
Phase 1 of the massive Johan Sverdrup project offshore Norway is now close to 60% complete, ahead of schedule and even further under the original estimated budget, says partners Aker BP and Lundin. In statements released this morning…
DNV GL – Oil & Gas and Lundin Norway have teamed up to develop the first step to a solution for predicting unplanned shutdown using the Edvard Greig production platform in the North Sea. Surveyors in a FPSO control room…
Norwegian seismic equipment supplier inApril has completed a full-scale sea trial of its node-based seabed seismic acquisition system Venator from 17-23 August. InApril says Venator is the first seabed-based exploration tool to provide…