Thursday, January 21, 2021
Offshore

Norway to Award Arctic Drilling Permits in Q2, Minister Says

OSLO, Jan 21 (Reuters) – Norway is proceeding with plans to award oil and gas exploration permits in frontier regions of the Arctic later this year, Oil and Energy Minister...

9 hours ago
Total Views: 376

Wednesday, August 21, 2019
Offshore News

Equinor Strikes Oil in Barents Sea

Norway-based Equinor says it has struck oil in the Sputnik exploration well located on the Norwegian Continental Shelf in the Barents Sea. Recoverable resources are estimate at between 20 million...

August 21, 2019
Total Views: 5

Tuesday, May 15, 2018
Polar Pioneer barents sea statoil
News

Arctic Oil “Undrillable” Amid Global Warming, UN’s Ex-Climate Chief

By Alister Doyle OSLO, May 15 (Reuters) – An architect of the Paris climate agreement urged governments on Tuesday to halt oil exploration in the Arctic, saying drilling was not...

May 15, 2018
Total Views: 5

Thursday, January 11, 2018
Polar Pioneer barents sea statoil
Maritime News

Hope Wanes for `Elephant’ Oil Finds in Norway’s Arctic Waters

By Mikael Holter (Bloomberg) — After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country’s hottest exploration area. “In the part of the Barents...

January 11, 2018
Total Views: 3

Wednesday, May 3, 2017
News

Barents Sea Oil Boom is Lesson in Progress for Arctic Drilling

By Mikael Holter (Bloomberg) — With the oil industry barely recovering from its most brutal slump in decades, you might expect the Arctic Ocean to be the last place explorers...

May 3, 2017
Total Views: 2

Tuesday, January 19, 2016
barents sea drilling
Maritime News

Norway’s Arctic Oil Ambitions Get $7 Billion Lifeline from Statoil

By Mikael Holter (Bloomberg) — Norway’s Arctic ambitions just got a $7 billion boost from Statoil ASA. Norway’s largest oil company was able to halve its expected development costs to...

January 19, 2016
Total Views: 1

Friday, December 4, 2015
Maritime News

Russian Oil Explorers Among Bidders for Norway Arctic Blocks

By Mikael Holter (Bloomberg) — Russian oil companies OAO Rosneft and Lukoil PJSC were among 26 explorers to apply for blocks in Norway’s new licensing round, which includes untouched areas...

December 4, 2015
Total Views: 1

Friday, January 30, 2015
Gudrun plattform West Epsilon boredekk drilling floor
News

After 2014 Failure, Statoil Will Not Drill in the Barents Sea in 2015

Norwegian energy firm Statoil will not drill exploration wells in the Arctic Barents Sea this year after a failed campaign in 2014, exploration chief Tim Dodson told Offshore.no

January 30, 2015
Total Views: 5

Friday, November 7, 2014
News

Statoil Completes Barents Sea Drilling Campaign with Dry Well

210 kilometers north of Hammerfest, the Transocean Spitsbergen found nothing of consequence after drilling the last of Statoil’s wildcat wells in the Barents Sea. Since 2013, Statoil has executed an aggressive exploration...

November 7, 2014
Total Views: 2

Friday, September 26, 2014
transocean spitsbergen barents
News

Statoil Makes Gas Discovery in Barents Sea

Under contract to Statoil, the Transocean Spitsbergen discovered a 15 meter column of gas while drilling in the Pingvin Prospect NNW of the Johan Castberg field, and 300 km northwest of...

September 26, 2014
Total Views: 1

Tuesday, February 25, 2014
Seismic streamers
News

Joint Seismic Acquisition Project Gets Strong Industry Support

A total of 33 oil and gas companies have now signed on to take part in a joint seismic acquisition project to map a new area of the Norwegian arctic in an effort to reduce costs and increase the quality of data.

February 25, 2014
Total Views: 0

Tuesday, July 16, 2013
transocean arctic
News

Transocean Arctic Spuds-In North of Hammerfest

Lundin Petroleum announced today that they have spudded in at the Gohta Prospect located approximately 150 km northwest of the northern tip of Norway in the Barents Sea.   Lundin...

July 16, 2013
Total Views: 0

Sunday, April 1, 2012
News

Putin Promises “Favorable” Tax Conditions For Barents Sea Field Development

MOSCOW -(Dow Jones)- Russian Prime Minister Vladimir Putin has reassured the chief executives of France’s Total SA (TOT) and Norway’s Statoil ASA (STO) that favorable tax conditions will be created for the giant Shtokman...

April 1, 2012
Total Views: 6

Wednesday, March 28, 2012
Goliat FPSO statoil
Engineering News

No Ordinary FPSO…Sevan Marine Awarded Arctic Feasibility Study by Statoil

Statoil has awarded Sevan Marine a study of the potential application of a Sevan FPSO for Statoil’s Skrugard / Havis development in the Norwegian Barents Sea.  This field is located...

March 28, 2012
Total Views: 2

Wednesday, February 8, 2012
aker barents drilling rig statoil
News

Norway Eyes Barents Sea Oil With Great Interest, Geoseismic Survey Planned

(Dow Jones) The Norwegian government Wednesday announced it will start a geological survey of what oil and gas assets the Northern part of a previously disputed area in the Barents...

February 8, 2012
Total Views: 0