Statoil is cutting costs by more than US$1 billion (NOK 9 billion) for the first phase of its giant Johan Sverdrup development in the North Sea, partner Det Norske said. Illustration of Johan Sverdrup…
The Norway Petroleum Safety Authority (PSA) has granted Lundin Norway consent to drill exploration well 7220/6-2 in the Barents Sea in a prospect called Neiden. Lundin is the operator for production license 609 in block 7220/6 in the Barents Sea…
Lundin Petroleum is considering a joint tie-back development of its Luno II and new Luno II North discoveries after exploration results showed they are in seperate systems. The latest exploration well 16/4-9 S on the Luno II North prospect found 12-26 MMboe gross contingent resource…
Sweden’s ABB has won a US$90 million contract to supply a two-cable high-voltage system to power, from shore, for Statoil’s Johan Sverdrup field. The move paves the way for the entire Johan Sverdrup field to be powered from shore, as well as other fields on Norway’s Utsira High…
GE, Statoil agreement GE Oil & Gas has signed a framework agreement with Statoil to provide subsea operations services on the Tordis, Vigdis, Snorre and Troll fields, offshore Norway. GE Oil & Gas will run the services from their Dusavik site…
Image: North Sea license PL410/Hibiscus Petroleum Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway has executed an agreement…
Statoil and the Johan Sverdrup partnership awarded Kværner Verdal a contract for the delivery of the steel jacket for the drilling platform, marking the execution of the letter of intent singed by the two companies for the delivery of the two jackets…
Lundin Norway has exercised a one month option for the provision of the Safe Boreas semisubmersible accommodation vessel at the Edvard Grieg Project in the Norwegian sector of the North Sea. The one month option extends on site operations…
Lundin's Edvard Grieg field is on track for first oil in 4Q this year despite a delay to the topside modules installation earlier this year (see video below). The firm has also drilled its latest successful appraisal well on the 185.8 MMboe gross reserves field…
Magseis announced that it has started a multi-client program in the Barents Sea. The survey builds on previous work conducted in the Barents Sea for Statoil and Lundin Petroleum and where the company’s Marine Autonomous Seismic System…
A team of subsurface and facilities engineers have been working together to create a viable, small footprint solution for a string of sour fields in the UK’s Outer Moray Firth. Mike Cooper explains. Cooper…
Lundin Norway has completed a successful appraisal well on the southeastern section of the Edvard Grieg field offshore Norway. The well, 16/1-23 S, in license 338, was drilled using the Orwan Viking jackup rig in 108m water depth, 2…
Swedish explorer Lundin Petroleum has appointed a new CEO after long-serving CEO Ashely Heppenstall announced he is to step down, as of 1 October. Alex Schneiter will resume the role of President and CEO, which Heppenstall (pictured) has held since 2002…
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7220/6-2, in the Neiden prospect, which contains 200 MMboe gross prospective resources. The drilling program for well 7220/6-2 relates to the drilling of a wildcat well in production license 609…
Statoil’s Johan Sverdrup has received the official green light for phase one of its plan for development and operation (PDO) by the Norwegian Ministry of Petroleum and Energy. Johan Sverdrup field center…
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