Aker BP Will Not Abandon the Norwegian Continental Shelf
Karl Johnny Hersvik, Chief Executive Officer of Aker BP, has stated that the company’s project portfolio on the Norwegian Continental Shelf remains competitive, even under conditions of declining oil prices. Just over two years ago, Aker BP and its partners announced plans to invest approximately 20 billion United States dollars …
Aker BP Enters Into Drilling Agreement with Noble, Halliburton and Odfjell on the Norwegian Continental Shelf
Norwegian oil and gas company Aker BP has entered into agreements with offshore drilling contractors Noble Corporation, Odfjell Drilling and Halliburton for drilling operations on the Norwegian Continental Shelf (NCS). This was reported in Aker BP. Back in 2017, the Aker BP Jack-up alliance was created, which included Maersk Drilling …
Rosneft and Statoil Start Exploration Operations on the Norwegian Continental Shelf in the Barents Sea
18th of August, Rosneft together with Norwegian company Statoil Petroleum AS started exploration operations at the Pingvin License PL713 prospect in the Norwegian section of the Barents Sea. The first exploration well Pingvin-1 will be drilled by the Transocean Spitsbergen rig. The water depth is 422 meters and the drilling …
Rosneft Enters Norwegian Continental Shelf in the Barents Sea Following Results of 22nd Licensing Round
Following the results of the 22nd Licensing Round announced by the Norwegian Ministry of Petroleum and Energy, RN Nordic Oil AS, a 100% indirect subsidiary of Rosneft, has been granted the award of a 20% participating interest in the license PL713 covering the area of 1,213 sq. km. License PL713 …