Swedish headquartered Lundin Petroleum has started drilling on the Hurri prospect in the southern Barents Sea, offshore Norway. Exploration well 7219/12-3, in PL533, is about 2 km southwest of the Filicudi oil discovery and south of the Statoil-operated Johan Castberg development…
Norway's Aker BP has agreed to divest a 10% stake in the Valhall and Hod fields to new firm Pandion Energy. The move comes shortly after Aker BP acquired Hess Norge, which gave it 100% ownership in Valhall and Hod, and comes as Aker BP…
Lundin Petroleum's Hufsa exploration well in the southern Barents Sea made a non-commercial gas discovery. A side track on the well, 7219/12-2, in PL533, was dry. The main objective of the well was to prove oil in Jurassic and Triassic sandstone reservoirs…
Norwegian oil firm Aker BP (Aker BP) has agreed two drilling and well alliance agreements for its assets in the Norwegian sector. One is with Maersk Drilling and Halliburton for use of jackups, and one is with Odfjell Drilling and Halliburton for semisubmersibles…
VNG Norge, on behalf of the PL 586 partners, has issued a letter of intent (LOI) to TechnipFMC for the Fenja field development project (formerly known as Pil and Bue). The LOI covers the EPCI (engineering, procurement, construction and…
Aker BP has agreed to buy Hess Norge, which includes major stakes in the Valhall and Hod fields, from Hess for US$2 billion as the US oil firm continues an offshore asset sale. Yesterday, Kosmos Energy said it had agreed to acquire Hess' 85% stake in two long-producing oil fields…
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…
Aker BP has encountered further oil at the Frigg Gamma Delta discovery offshore Norway, but came up dry at an adjacent wildcat, according to the Norwegian Petroleum Directorate (NPD). Frigg Gamma Delta…
Aker BP has received permits from the Norwegian Petroleum Directorate to drill an exploration wildcat and an appraisal well in Production License 442 to test the Nordfjellet/Delta prospects. The company will use jackup Maersk Inceptor…
Norway’s Petroleum Safety Authority (PSA) has given Aker BP consent to drill two wildcat wells in the North Sea at the Hyrokkin prospect. Aker BP consent to drill exploration wells 25/4-11 and 25/4-12, which is north of Alvheim. The…
VNG Norge estimates its development plan for the Fenja field to cost US$1.3 billion (NOK$11.5 billion), the company said in a 15 June impact assessment of the project. Source: VNG Norge Formerly known as the Pil and Bue discoveries…
Sevan Marine has sold its remaining 51% stake in Kanfa to Technip Norge for nearly US$240,000 (NOK $2 million). In February, Sevan received a formal notification of Technip Norge’s intention to exercise their option to buy Sevan Marine’s remaining shares in Kanfa…
The Ivar Aasen field in the North Sea was officially opened earlier today (13 February) by Minister of Petroleum and Energy Terje Søviknes. From left Øyvind Eriksen, chairman of the board in Aker BP and CEO in Aker…
Wintershall is to develop the Skarfjell field in the Norwegian North Sea via a subsea tieback to the nearby Engie-operated Gjøa platform. The Gjøa platform. Image from Engie/Jan Inge Haga. Skarfjell is in the northeastern North Sea…
Aker BP (formerly Det norske and BP Norway) has awarded Altus Intervention an up to nine-year frame agreement contract for well intervention services. Services, starting mid-December, included consist of casedhole wireline, slickline…