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Norwegian Petroleum Directorate NEWS

Chevron to exit Norwegian Continental Shelf
Oct. 11, 2018
Source: Reuters

Chevron to exit Norwegian Continental Shelf

Oil supermajor, Chevron has become the first major oil and gas firm to leave the Norwegian continental shelf (NCS). Chevron is transferring its 20% interests in an exploration license in the Arctic to DNO. The Norwegian oil and energy ministry wrote that decision indicates “Chevron Norway shuts down its activities in Norway and leaves the NCS permanently”. A number of oil majors have edged down their presence in Norway.

Aker BP completes drilling in North Sea
Sept. 22, 2018
Source: Energy Voice

Aker BP completes drilling in North Sea

The Norwegian Petroleum Directorate informed that E&P major, Aker BP has concluded drilling operations in the central North Sea. Aker had deployed Maersk Interpid to drill two appraisal wells within the Hanz filed, and a wildcat well southeast of Hanz. The wildcat well came out to be dry, and hence was permanently plugged and abandoned.

Equinor gets drilling permit
Sept. 19, 2018
Source: World Oil

Equinor gets drilling permit

The energy giant of Norway, Equinor AS has been given a drilling permit by the Norwegian Petroleum Directorate. This permit is for the well 7324/3-1, cf. Section 15 of the Resource Management Regulations. The energy major will be having 55% ownership interest and will work as the operator in the field. The drilling will be from the West Hercules, position 73°57'2,39" North og 24°41'04,86" East.

Equinor granted consent for continued use of Osberg field
May 27, 2018
Source: World Oil

Equinor granted consent for continued use of Osberg field

In order to recover remaining resources in the Oseberg Øst field, the Norwegian Petroleum Directorate has granted consent to Equinor for continued use of the facility until March 2031.The remaining oil reserves are estimated at 4.9 MMcm (31 MMbbl) at this field that is located in the northern part of the North Sea.

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