Equinor has made an oil and gas discovery next to the giant Troll field in the North Sea and will continue to explore the area for further potential resources close to existing infrastructure. The discovery, provisionally named Ringand, is currently estimated to contain between 2 and 12 million barrels of …
Read More »Trouble Deepens for North Sea Oil and Gas
When the Labour Party came into power, it vowed to tax the oil and gas industry more. Warnings this might backfire fell on deaf years. Now, banks are refusing to lend to North Sea operators. It may well end with energy shortages. “To deliver our clean power mission, Labour will …
Read More »North Sea Oil and Gas Firms Continue Drilling despite Climate Goals
All major North Sea oil countries are expected to continue drilling for oil and gas as they fail to agree on climate measures. The major oil-producing countries operating in the North Sea have all announced ambitious production goals for the coming years, despite pressure from European governments and environmentalists to …
Read More »Equinor Finds more Oil and Gas Near One of the North Sea’s Largest Fields
Energy major Equinor has made an oil and gas discovery near Oseberg, one of the top fields offshore Norway, which could add additional resources to the field, the Norwegian Petroleum Directorate said on Friday. Equinor and its partners in the license, Petoro, TotalEnergies, and ConocoPhillips, made the discovery about four …
Read More »Equinor to Cut Emissions with Electric Power in North Sea
Equinor will replace two gas turbines with heat recovery to produce electric power. This will reduce annual CO2 emissions by 95 000 t. Statfjord C will change its power solution to cut emissions. A new steam turbine will produce electricity based on surplus heat from two gas compressors. This will …
Read More »Wind-Powered North Sea Natural Gas Project Halted over Emissions Uncertainty
A court in the Netherlands has suspended a project for natural gas drilling and extraction in the North Sea due to potential environmental damage. The offshore gas project, proposed by Netherlands-based company ONE-Dyas, was approved by the Dutch Ministry of Economic Affairs and Climate in June last year. The Dutch …
Read More »European Countries Aim to Turn North Sea into Green Power Engine
Leaders from European countries surrounding the North Sea are set to pledge to expand renewable generation in the region to strengthen energy security, at a summit in Ostend, Belgium, on Monday. Seven European Union countries, including France, Germany and the Netherlands, alongside non-EU countries Norway and the United Kingdom, will …
Read More »Equinor Looks to Drones to Make North Sea Rig Inspections Easier
Equinor ASA and Norwegian airport regulator Avinor aim to make “advanced drone operations” over the North Sea common place to make it easier to inspect rigs and cut down the vast distances between the oil and gas platforms. Establishing an unmanned air traffic system will make it easier to employ …
Read More »Norwegian Oil & Gas Firm Eyes more Offshore Acreage in North Sea
Norway-based oil and gas company Noreco, to be renamed BlueNord, has set the wheels into motion to participate in a mini-round of licencing in the Danish sector of the North Sea. Noreco revealed on Wednesday, 12 April 2023, that it had submitted a licence application for acreage containing the Elly-Luke …
Read More »Equinor Gearing up for Two North Sea Wells
The Norwegian Petroleum Directorate (NPD) last week granted Equinor a drilling permit for wellbores 34/6-6 S and 34/6-6 A, expected to be drilled in November and December 2022, respectively. The prospect is named Angulata Brent. Both wells are located in production licence 554, between Garantiana and Visund fields. The licence …
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