Norwegian Continental Shelf

The complete paper describes the overall project execution of the Aasta Hansteen field development on the Norwegian Continental Shelf (NCS) north of the Arctic Circle. It is the deepest field yet developed on the NCS in 1300 m of water.

Equinor has chosen four suppliers for inspection services on all offshore installations on the Norwegian Continental Shelf and onshore plants in Norway. The frame agreements, estimated at $383 million, are scheduled to be signed soon.

With its $4.5-billion acquisition of ExxonMobil’s remaining portfolio on the Norwegian Continental Shelf now official, Var Energi says it hopes to realize its ambitious growth plans.

ExxonMobil confirmed an exclusivity agreement with Var Energi for negotiations of a sale that could reach $4 billion, according to Reuters. If it goes through, the deal would make Var Energi the second-largest producer on the Norwegian Continental Shelf.

The new deals, valued at approximately $2.9 billion over 3 years, cover services for liner hangers, downhole monitoring, and additional completions on the NCS.

After producing for 43 years, the Statfjord A platform will cease production in 2022.

Called Eelume, the underwater drone will perform subsea inspection, maintenance, and repair work.

In need of an exploration boost, Norway doled out a record 83 production licenses in mature areas of the Norwegian Continental Shelf to 33 firms.

Two new centers in Bergen, Norway will lean on emerging digital technology to oversee much of the Norwegian operator’s offshore operations.

A project of “firsts,” Equinor’s Aasta Hansteen spar platform began producing gas on 16 December, opening a new region for gas export to Europe and the UK.