Norwegian Continental Shelf
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Citing a lack of profitability, the Norwegian major has chosen to end its electrification efforts in the Halten and Snorre areas. -
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
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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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North Sea tieback to the Troll C platform could begin production by the end of 2029.
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The field, which holds the first production license on the Norwegian Continental Shelf, sent oil to the Jotun FPSO on 23 June.
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The Norwegian technology developer is working to strengthen the value case for wired pipe through an upcoming offshore campaign with Vår Energi.
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Plugging operations are scheduled to begin early 2026.
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This is DNO's tenth significant find in the hotspot area offshore Norway.
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The Halten East project in the Norwegian Sea involves fields that if developed independently would be considered too marginal to be economically attractive.
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The production unit for the Balder field in the North Sea is expected to go on-stream in the second quarter of 2025 following the staged tow-out of the FPSO.
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