Production Begins 1 Year Ahead of Schedule at Wintershall’s Maria Field Dec 18, 2017Wintershall and its licence partners Petoro and Spirit Energy have started production at the Maria field one year ahead of schedule. Costs have been reduced by more than 20% compared to plan.
Statoil Awards Contract for the Turret Mooring System of Johan Castberg Dec 8, 2017Statoil has signed a contract with SBM Offshore for delivery of the turret mooring system on the floating production ship (FPSO) for the Johan Castberg field.
Johan Castberg Plan for Development and Production Submitted Dec 6, 2017Statoil has submited the PDO (plan for development and operation) for the Johan Castberg project on behalf of the partnership with Eni and Petoro.
Further Improvements on the Johan Sverdrup Project Sep 4, 2017Lundin Petroleum AB has announced that Phase 1 of the Johan Sverdrup project is over halfway complete and that the partnership has further reduced the gross capital expenditure to NOK 92 billion.
Small Gas Discovery on the Korpfjell Prospect in the Southeastern Barents Sea Aug 29, 2017Lundin Petroleum AB has announced that Statoil AS has completed the Korpfjell exploration well 7435/12-1 in PL859 in the southeastern Barents Sea. The well proved a small, non-commercial gas discovery.
Second Small Gas Discovery in the Barents Aug 7, 2017Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil.
Small Gas Discovery in the Barents Sea Jul 17, 2017Statoil and partners ENI and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea.
Kayak Success for Statoil and Partners ENI and Petoro Jul 4, 2017Totalling between 25 and 50 million barrels of recoverable oil equivalents, the discovery may provide valuable additional volumes for the Johan Castberg development. The Kayak well has...