Var Energi
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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. -
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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The operator plans to acquire seismic and carry out appraisal drilling at the site later this year; the find could be fast-tracked as a tieback to the Goliat FPSO.
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Updates about global exploration and production activities and developments.
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The field's massive FPSO is anchored in place and on schedule for first oil prior to year-end.
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The massive vessel moved from Aker Solutions quayside to begin sea trials ahead of deployment in the Barents Sea prior to year-end.
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The company is set to supply offshore well services and subsea systems for Vår Energi-operated fields on the Norwegian Continental Shelf.
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The all-cash deal aims to strengthen the Italian supermajor's role as a key supplier of gas to European markets.
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Operator Horisont Energi finds a new partner in Spain’s Fertiberia, while Equinor and Vår seek alternatives.
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The Norwegian Sea field is expected to come on stream in late 2025.
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