Norway
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Vår Energi ASA and partners have officially sanctioned the Previously Produced Fields Project in the Greater Ekofisk Area. The redevelopment is expected to add high-value barrels starting in 2028, extending the production life of one of Norway’s key offshore regions.
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Following the start of injection in August, Northern Lights has issued the very first set of certificates documenting that the carbon dioxide captured from the Heidelberg Materials cement factory has been transported and stored permanently in the Aurora reservoir.
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Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
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Updates about global exploration and production activities and developments.
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The DeepOcean-lead joint industry project aims to advance commercialization of a new patented technology that heats pipeline systems deployed in deepwater where flow assurance can be a challenge.
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Industry observers warn that the future of the UK North Sea hinges less on geology than on whether fiscal stability can be restored.
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The subsea field is part of the larger Snøhvit development in the Barents Sea.
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A total of 20 companies submitted applications for new exploration blocks offshore Norway.
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The initial phase of the carbon capture and storage project has a capacity of 1.5 million tonnes per year, with a second phase—due online in 2028—expected to bring the storage capacity to 5 million tonnes per year.
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The operator estimates discovering more than 96 million BOE of recoverable volumes with its latest Norwegian North Sea exploration activity.
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