The Norwegian Petroleum Safety Authority has granted the Statoil-contracted semi-submersible Transocean Spitsbergen the approval to begin drilling at production licence 393 in the Barents Sea located approximately 42 kilometers north of the northern tip of Norway in 294 meters of water.
location of Transocean Spitzbergen
The PSA notes that drilling is planned to begin in September 2014 with a duration of approximately 30 days, depending on whether a discovery is made.
The Spitsbergen and her sister rig Transocean Barents are of the Aker H-6e design and among the world’s largest and most robust drilling rigs ever built – and the site of recent protests by Greenpeace.
Greenpeace activists climb aboard the Transocean Spitsbergen drilling rig on the Norwegian Arctic in this handout photo released by Greenpeace May 27, 2014. REUTERS/Greenpeace handout
The Bahamian-flagged rig was built at the Aker Stord yard in 2009 and classified by DNVGL.
French military personnel have boarded the oil tanker Boracay, which is suspected of belonging to the so-called shadow fleet involved in the Russian oil trade, French media reported on Wednesday.
Group of Seven nations are closing in on an agreement to significantly increase sanctions on Russia over its reluctance to end the war against Ukraine, according to a draft statement seen by Bloomberg.
The Houthi-aligned Humanitarian Operations Coordination Center (HOCC) has designated 13 entities, 9 individuals, and 2 vessels for sanctions related to US crude oil exports, according to a statement released today.
September 30, 2025
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