Think twice before hitting the panic button
With Equinor last week announcing that nearly a third of their Norwegian exploration workforce is being axed, the Norwegian major joins a long list of companies going through the same…
In the News
A conference as you never saw it before
The NCS Exploration – Recent Discoveries Conference will be held October 14-15. This year the conference will be digital. To ensure a seamless broadcast of the conference, we started recording…
World’s first Ultra High Density multi-client 3D hybrid seismic acquisition successfully completed
The LumiSeisTM Norwegian North Sea Quadrant 35 Hybrid MC3D project is 800 km2 and covers a mature area that includes the fields Nova and Vega (under development), Aurora and Grosbeak.…
Premier to merge with Chrysaor
Premier and Harbour today announced that they have reached agreement with Harbour’s UK operating company Chrysaor, regarding a proposed all share merger between Premier and Chrysaor and the reorganisation of…
Pandion Energy swaps license interests with ConocoPhillips
Pandion Energy AS (Pandion Energy) has entered into an agreement with ConocoPhillips Skandinavia AS (ConocoPhillips) to swap half of its 20 per cent interest in PL 1047 in the North…
Lundin acquires Barents Sea portfolio from Idemitsu Petroleum Norge
The transaction gives Lundin Energy a 10 percent working interest in the major Wisting oil discovery (licences PL537 and PL537B) with estimated gross resources of 500 million barrels of oil…
From Breidablikk to Barryroe – a Friday North Sea wrap-up
Do you like networking? It’s always a bit daunting to step out of that comfort zone and join a group of people you never met before. This week I joined…
Eight new production wells to be drilled on Tor
The Tor field was discovered in 1970 and produced from 1978 to 2015. In the summer of 2019, the licensees submitted a plan for development and operation (PDO) for a…
NCS Exploration Conference – Filming has started!
The Norwegian Continental Shelf Exploration Conference, due to take place on 14-15 October, has experienced a huge make-over from a traditional physical conference to a fully digital meeting place. The…
From Cook to Schweinsteiger – a Friday North Sea wrap-up
No reservoir for Schweinsteiger We start today’s wrap-up in the northernmost part of the Norwegian Northern North Sea, where Wellesley Petroleum recently spudded well 6204/11-3 in the hope to find…
CGG Commences Second Phase of Largest OBN Multi-Client Survey in UK CNS
The survey started in March 2020 and has already received significant industry interest and prefunding, with first images targeted for Q1 2021. The Central North Sea is a highly prospective…
Surge in gas production volume from the PGNiG Group’s Norwegian assets
Following the transaction, the PGNiG Group’s own gas production in Norway will increase to 0.9 bcm in 2021, nearly 30% above the previous forecast. Gas produced from the new fields, along…