Undersupply in 2025
Rystad Energy predicts a future undersupply of 5 million bpd of oil and significantly higher prices.
Posts by Ronny Setså
Crossing a milestone
Neptune is launching an extensive drilling campaign on the Fenja field in the Norwegian Sea.
NCS: Demand immediate actions
Mayors in 32 municipalities warn in a joint call against a full halt in new oil projects and demand action.
NCS: 10 more years for Troll B
So far, more than one billion barrels of oil have been produced. The Norwegian Petroleum Directorate reports that they have given operator Equinor and the other Troll licensees consent to…
Aker BP adjusts its management
Aker BP makes changes to top management as a result of reduced activity levels.
A Dutch gas field on the rise
In Tulip Oil’s quarterly update, the company announced a 25 per cent increase in production from its main asset, the Q10-A gas field.
Resources may be lost
Several companies have notified and initiated measures that may affect future production on the Norwegian continental shelf, the Norwegian Petroleum Directorate announces this morning.
Norway may cut oil production
Norway is considering cutting its production of oil as a part of an international agreement, Bloomberg reports.
APT wins global Wintershall deal
Norway-based Applied Petroleum Technology has been awarded a global fram agreement by Wintershall Dea to supply geochemical analyses.
The final oil crisis?
Former oil company director Maria Moræus Hansen outlines two possible scenarios for the oil industry’s near future.
Using gravimetry for cost-cutting reservoir monitoring
“In some fields, ocean bottom gravity and subsidence measurements are working better than seismic surveys at a fraction of the cost when it comes to reservoir monitoring,” said Hugo Ruiz,…