PGNiG Acquires Duva Field in Norway
PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has obtained a final administrative consent to purchase additional 10% interests in the PL636 and PL636B licences in the North Sea.Following the transaction, PGNiG Upstream Norway’s (PUN) interests in both licences increased to 30%.
PGNiG Ups Stake in Duva Field, Norway
PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.Duva oil and gas field (formerly Cara) is located in the Norwegian sector of the North Sea at a water depth of 360m.
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…
Maritime Decarbonization: The Path Starts in Norway
Breaking new ground: the all-electric, zero-emissions Future of The FjordsNorwegian cruise vessel offers amazing tourist experience while protecting fragile UNESCO World Heritage environmentFuture of the Fjords, the world’s first all-electric and completely emissions-free ship…
Energy Industry Faces a Tough Reality -Statoil CEO
Global challenges and new opportunities in the energy market will create a turning point for the industry, says Statoil CEO Eldar Sætre at the Statoil Autumn Conference. In his speech to the Norwegian Prime Minister and other guests at the annual Autumn Conference, Sætre…
A Tough Reality for Industry - Statoil
Global challenges and new opportunities in the energy market will create a turning point for the industry, says Statoil CEO Eldar Sætre at the Statoil Autumn Conference. In his speech to the Norwegian Prime Minister and other guests at the annual Autumn Conference, Sætre…
Aker's CO2 Capture Technology for Norcem
Aker Solutions won an order from Norcem for a feasibility study on the development of the world's first commercial-scale carbon capture facility for use in cement production, the source of about 5 percent of global greenhouse gas emissions. The company will look at capturing as much as 400…
Statoil Third Time Lucky in Aasta Hansteen
Statoil and PL602 partners have made a gas discovery in the Gymir prospect. With three discoveries in a row, an important progress has been made in unlocking full potential of the Aasta Hansteen area. “Our 2015 exploration campaign around Aasta Hansteen has proven an upside potential in the area.
Norway Sale - Ithaca Energy
Ithaca Energy Inc. has entered into an agreement to sell its wholly owned subsidiary, Ithaca Petroleum Norge AS (“Ithaca Norge”), for an initial consideration of US$60 million. The Company also has the ability to earn additional bonus payments of up to US$30 million dependent…
Statoil Reports Another Gas Discovery
Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015. “Statoil has completed a targeted two-well exploration program around…
Another Gas Find By Statoil in Aasta Hanstee
Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015. “Statoil has completed a targeted two-well exploration programme around…
Statoil's New gas Discovery at Aasta Hansteen
Operator Statoil has together with PL218 partners made a gas discovery in the Snefrid Nord prospect in the Norwegian Sea. The discovery is an important contribution to the Aasta Hansteen field development project and Polarled pipeline utilisation. “The Snefrid Nord discovery…
Statoil Submitting Johan Sverdrup Development Plan
Statoil and its partners will today submit the plan for development and operation (PDO) for Johan Sverdrup, phase one, to the Norwegian Ministry of Petroleum and Energy. The PDO will be handed over from Statoil’s chief executive officer Eldar Sætre to Norwegian petroleum and energy minister Tord Lien. "This is a great day.
Statoil’s Fast-tracks Oil & Gas Production
Statoil’s fast-track development projects are increasing the company’s and partners’ oil and gas production through a combination of standardised subsea development solutions and utilisation of infrastructure in a manner which helps extend the lifetime of existing fields.
