Equinor gets license to boost clean energy in Norway

It has an aim of lowering the reliance on oil and gas

Two Norwegian oil fields secure approval

Plans for the development and operation of two oil fields on the Norwegian Continental Shelf have been approved. Statoil’s Njord A platform and the Njord Bravo floating storage and offloading vessel will be upgraded and put back into operation to recover the remaining resources in the Njord and Hyme fields. These resources are estimated at 175 […]

Statoil plans 30% rise in exploration drilling

Statoil plans to increase exploration drilling to 30 wells this year. This would be a 30% increase on the gas and oil multinational’s efforts in 2016, when the firm completed a total of 23 wells, 14 of them on the Norwegian Continental Shelf (NCS). These were completed more cheaply and quicker than originally forecast due […]

Norway steps in to halt oil strike

Norway stepped in to avert a crisis at its oil fields this week after a strike threatened to engulf all of its offshore rigs on the Norwegian continental shelf. The Norwegian Government intervened on Sunday just half an hour before trade unions had agreed to a “lock out” of workers on all rigs at midnight […]

Norway oil workers strike

Norwegian oil rig workers went on strike at the weekend over pay issues after mediation talks failed, according to the Norwegian Oil Industry Association (OLF). Håvard Hauan, a lawyer for the trade body said more than 100 workers at 12 rigs on the Norwegian Continental Shelf were involved in the industrial action on Sunday morning. […]

Statoil call to tender for new efficient rigs

Exploration giants Statoil have called to tender a new type of drilling rig, which they claim will improve efficiency of extraction by 20%. The new category J rigs will operate at water depths from 70 to 150 metres and drill wells down to 10,000 meters. It is a tailor-made rig for operations in harsh environment […]

Statoil unveils new rig design

Oil and gas giant Statoil is looking to “rejuvenate the rig fleet” with a new design specifically for the Norwegian continental shelf. Statoil wants the new type of rig to make drilling and completion of production wells less expensive, more effective and safer, and in turn boost oil recovery. With discoveries on the Norwegian continental […]