Barents Sea

Vessel will have Aker-made modules installed in Norway where final outfitting and commissioning will take place.

Deal with OMV raises interest to 35% on Barents Sea project slated to come online in 2028.

Norwegian oil firm chooses Aker, Sevan, TechnipFMC and others to continue studying $8-billion-plus Barents Sea development.

Total number of applicants down for latest Barents Sea frontier licensing round.

A new licensing round will open up 136 blocks in the Arctic Barents Sea.

An ultrahigh-density high-resolution data set from the Hammerfest Basin is now available from PGS. The area is thought to contain around half of the undiscovered resources on the Norwegian continental shelf, according to the Norwegian Petroleum Directorate.

Norway hopes for a continued rise in offshore exploration and development activity to ensure steady oil and gas production through the next decade.

Equinor has grabbed seven new licenses in the Barents and Norwegian Seas, the latest in a flurry of offshore activity in which the firm has added acreage off the UK and Brazil, gained approval for a big Arctic project, and awarded billions of dollars in service contracts.

Statoil has submitted a long-awaited development plan for what will become Norway’s northernmost development.

The Goliat field will be the first offshore oil field in the Barents Sea and the world’s northernmost offshore oil field.