The geoscientists are the winners
«Oldtimers» – or should we call them veterans – started their careers with analogue data. The first 20-30 years of exploring the Norwegian continental shelf was dominated by paper, seismic,…
In the News
Shell farm-in to licenses in the southern North Sea
Shell will acquire a 70% working interest in Licence P2252 from Cluff Natural Resources and will be appointed licence operator. In addition, Shell has the option to acquire a 50%…
Repsol is growing in Norway
Repsol is growing steadily with 3 new exploration licenses and by buying more production in Norway. Repsol has reached an agreement with Total to acquire its 7.65% stake in the…
The winners of the Gullkronen 2019 are…
The Gullkronen awards are a yearly prize ceremony organized by Rystad Energy to recognize companies, teams or people who have shown outstanding achievements on the NCS during the previous year.…
More OBS surveys in the North Sea
Shearwater GeoServices is awarded 4 new Ocean Bottom Seismic (OBS) surveys by Aker BP and Equinor for 2019. Aker BP has awarded Shearwater with a multi-year OBS contract. The first…
Did you get a pay raise?
According to new Norwegian salary statistics from the Statistical Central Office (SSB) for 2018, measured from September 2017 to September 2018, the average salary of geologists and geophysicists increased with…
US player to North Sea
The South-Texas focused unconventional petroleum company Talon Petroleum has entered an agreement to purchase EnCounter Oil. Talon Petroleum is building a position in the UK North Sea and this is…
Lundin strengthens position in Basement Play
In a press release Lundin Petroleum announced an agreement with Lime Petroleum to acquire Lime’s entire acreage on the Utsira High. Lundin Norway’s working interest in the Rolvsnes oil discovery…
New GeoStreamer survey for Supplementary License Round
The 31st Supplementary License Round in the Outer Moray Firth, Greater Buchan Area will soon be opened (Q1 2019) for companies to submit their applications. The British Oil and Gas…
Committed to the north
“Now we need to be awarded licenses, but we are optimistic!” says Arnt-Eirik Rørnes, Exploration Manager in RN Nordic Oil. RN Nordic Oil is Rosneft’s subsidiary in Norway and has…
Equinor operator in West of Shetland
Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank Project in the West of Shetland region of…
DNO succeeds in hostile take-over
UPDATE 14th of January: DNO offer is now unconditional and DNO prepares to delist Faroe shares from AIM. 11th of January: DNO now owns or has acceptances for 76.49 percent of…