Norwegian PM Opens Johan Sverdrup Field
Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year, production has increased to a level well above 300,000 barrels per day.Johan Sverdrup is expected to yield a total production revenue exceeding NOK 1 400 billion and more…
First Oil From Johan Sverdrup Reaches Mongstad
Oil from the giant Johan Sverdrup field in the Norwegian sector of the North Sea has arrived at the Mongstad plant north of Bergen.“This is a great day for Equinor and the Johan Sverdrup partnership, consisting of Lundin Norway, Petoro, Aker BP and Total. First oil to Mongstad only a few days after production start confirms that the field is producing well. This day also marks the start of a new phase as we prepare to bring Johan Sverdrup oil to the international market…
Johan Sverdrup Phase 2 Plan Approved
Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project received broad support in Norway’s parliament at the end of April, and today the partnership received the formal approval by the Norwegian Ministry of Petroleum and Energy (MPE).“This is a big day for Equinor and the other Johan Sverdrup partners comprising Lundin Norway…
Equinor Drills Dry Well in the Barents Sea
Norwegian energy company Equinor has come up dry in the drilling of its first wildcat well in production licence 857 in the southeastern part of the Barents Sea.Equinor, as operator of production licence area Gjøkåsen, drilled 7132/2-1 targeting the Gjøkåsen Shallow prospect about 175 kilometers north of Vardø, using the Seadrill drilling rig West Hercules. The exploration well was the first drilled in production licence 857, which was awarded in the 23rd licensing round in 2016.According to the Norwegian Petroleum Directorate (NPD)…
Lundin Granted North Sea Drilling Permit
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North Sea.The NPD said on Tuesday that the wildcat well, designated 16/1-31 S, would be drilled from the Leiv Eiriksson drilling rig after concluding the drilling of wildcat well 7121/1-2 S in the Barents Sea.The well will be drilled about 4 kilometers northeast of the Edvard Grieg facility in the central North Sea using the Ocean Rig Leiv Eiriksson…
Lundin Buys Stakes in Rolvsnes, Goddo
Lundin Petroleum, Europe's independent oil and gas exploration and production company with operations focused on Norway, has increased its stake in the major Rolvsnes oil discovery in the Norwegian North Sea, flagging a potential tieback eventually to its operated Edvard Grieg oil field.A press statement from the Swedish oil and gas company said: "Lundin has entered into an agreement with Lime Petroleum, a subsidiary of Rex International Holding Limited, to acquire…
Norway Awards 15 Exploration Licences to Lundin Petroleum
Europe’s independent oil and gas exploration and production company Lundin Petroleum announced that its wholly owned subsidiary Lundin Norway has been awarded a total of 15 exploration licence interests in the 2018 Norwegian licensing round (Awards in Predefined Areas, APA).The record-high award includes 8 licences in the North Sea, 2 licences in the Norwegian Sea and 5 licences in the southern Barents Sea. 9 of the awarded licences will be operated by Lundin Norway.The…
Exploration Firms Drill Dry Well in North Sea
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 2/6-6S, targeting the Oppdal and Driva prospects in PL860 in the North Sea. Both targets were dry. The well was drilled with the Rowan Viking jack-up drilling rig and was operated by MOL Norge with a 40 percent working interest. The partners are Lundin Norway with a 40 percent working interest and Petoro with a 20 percent working interest.Meanwhile…
Norwegian Sea Well Comes up Dry for Lundin Petroleum
Europe's oil and gas exploration and production company with operations focused on Norway Lundin Petroleum AB said that its wholly owned subsidiary Lundin Norway AS has completed the drilling of the Silfari exploration well 6307/1-1S located in PL830 in the Norwegian Sea."The well was dry," said Lundin Petroleum.The main objective of the well was to test the reservoir properties and hydrocarbon potential of the Jurassic and Permian formations in the frontier Froan Basin…
Lundin to Drill Barents Sea Well
Europe's independent oil and gas exploration and production company Lundin Norway will drill and test a new exploration well in the Barents Sea, following approval by the Norwegian Petroleum Safety Authority (PSA)."Lundin is the operator for production licence 767. We have now given the company consent for exploration drilling and testing of well 7121/1-2 S," said a statement from the Norwegian governmental supervisory authority.The well is in the Barents Sea, in the centre of Troms I, approx. 121 kilometres from land (Bondøya north of Sørøya).
Lundin Norway Awards EPCI Contract to WorleyParsons
Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (EPCI) by Lundin Norway ASO in the Norwegian Continental Shelf.The services include planning, engineering, prefabrication, offshore installation and commissioning support. The objective of the modification is to prepare Lundin’s Edvard Grieg platform to receive and process oil and gas from nearby offshore fields.The project starts immediately and has a duration of two and a half years.
Aker Bets on Software Engineers for Its Oil Business
When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one.So instead they set up their own, Cognite, to create digital maps of Aker BP's oil industry assets, integrating data from equipment such as pumps, heat and pressure sensors, maintenance records and even staff rotas to improve efficiency and safety.Less than two years later…
Løken Named CEO at Kvaerner
Karl-Petter Løken has been appointed President and Chief Executive Officer (CEO) for the international contracting company Kvaerner. Løken succeeds Jan Arve Haugan, who left Kvaerner for a position at Aker Energy. Kvaerner's EVP & CFO Idar Eikrem will continue as interim CEO until Løken steps into the role this spring after ending his current position as head of Project Development for Lundin Norway. Since 1991, Løken has held positions in the oil and gas industry for companies like Statoil, Aker Solutions and Lundin Norway.
Lundin Petroleum's Grieg Output Back to Normal
Production at Lundin Petroleum's Edvard Grieg oil and gas field off the coast of Norway is back at normal levels following a partial outage that began when the Forties pipeline was shut earlier this month, Lundin said. "Production at Grieg is going as normal. It resumed fairly quickly after the Forties problems occurred," Lundin Norway Managing Director Kristin Faeroevik told Reuters on Wednesday. Reporting by Henrik Stolen
Lundin Extends Contract for Ocean Rig
Ocean Rig UDW, contractor of offshore deepwater drilling services, has announced that Lundin Norway AS, has declared their third option to extend the existing contract of the Leiv Eiriksson. In addition, Ocean Rig has granted Lundin 2 additional options to drill further wells in the future. As a result of these developments, the rig now has firm employment until at least the end of September of 2017 and should Lundin exercise its additional seven one-well options, currently un-declared, the rig could be employed until the first quarter of 2019.
CGG Launches Shallow Reservoir Imaging Solution
CGG announced at ONS 2016 the launch of TopSeis, the latest evolution in offshore broadband seismic, specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer seismic. Exacerbated by the use of progressively wider spreads to meet the industry’s quest for greater efficiency, the lack of near offsets leads to an inability to image shallow geological features, such as faults, gas pockets, channels and stratigraphic pinch-outs, effectively.
Xodus to Lead Norwegian Continental Shelf Study for Lundin
Xodus Group AS has been awarded a framework agreement by Lundin Norway AS to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf. The agreement is for four years with potential extension for two years. It will draw on Xodus' expertise from across the company's wide ranging technical capabilities as it calls for concept screening, feasibility studies, concept selection and pre-engineering, subsea and facilities including modifications, debottlenecking and process optimization studies.
Aker Solutions Wins Lundin Norway Deal
The agreement covers early-phase studies, pre-engineering (FEED) work, verifications and follow-on engineering for Lundin Norway. It encompasses engineering work from Aker Solutions' three business areas - Engineering, Subsea and Maintenance, Modifications and Operations - as well as the company's integrated study house, Front End Spectrum. The contract has a fixed period of three years and may be extended by as many as two years. The first delivery will be a study for a floating production…
Aker Joins Johan Sverdrup Phase 2 Study
Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field, Norway's largest oil find in three decades. The study includes design solutions for a tie-in of the platform and future satellites to the field center that is being developed in the project's first phase. The work will be carried out by Aker Solutions in Oslo and Stavanger and will be delivered in the summer. "Johan…
Power Development Begins for Johan Sverdrup
The mayor from the municipality of Tysvær in Rogaland, Sigmund Lier, pushed the button to set off one of the explosive charges at Haugsneset yesterday at an event held to mark the start of construction work for the power-from-shore solution. This is an important milestone in the development of the giant Johan Sverdrup field that will be powered from shore, when it starts production in late 2019. The work is done by principal supplier Aibel, and subsuppliers Veidekke and Vassbakk & Stol.
