Norwegian Continental Shelf

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.

This paper aims to develop new and improved empirical viscosity correlations through available field measurements on the Norwegian Continental Shelf (NCS).

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.