Norway
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Altus brings well intervention technologies, including tractor and power mechanical application solutions.
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Billed as the world’s longest AC power-from-shore project, Aker BP’s NOA Fulla field and Equinor’s Krafla field in the North Sea will be powered from the mainland by renewable hydropower.
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This paper identifies success factors behind the Johan Sverdrup predrilling campaign and outlines lessons learned.
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Deal with OMV raises interest to 35% on Barents Sea project slated to come online in 2028.
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Norwegian oil firm chooses Aker, Sevan, TechnipFMC and others to continue studying $8-billion-plus Barents Sea development.
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Exploration test could yield as much as 200+ million BOE.
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More time and money are needed for Johan Castberg and others, while government looks to boost hydrogen research.
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As Canada, Greenland, and even Norway shy away from developing their Arctic oil and gas resources, only Russia and the US remain in the game as Alaska seeks to renew interest in exploration and development of its North Slope.
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Operator hands out early engineering contracts to its alliance partners related to Norwegian North Sea development.
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New reserves will likely be developed via subsea tieback