Eurasia Journal News

Vaar Energi Discovers New Oil and Gas Field in the Norwegian Sea

Norwegian oil company Vaar Energi announced on Monday the discovery of an oil and gas field at the Vidsyn block in the Norwegian Sea. According to preliminary data presented by the company, recoverable reserves at the new field are estimated in the range of 25 million to 40 million barrels …

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Eurasia Journal News

Norwegian Oil Industry Workers to Go on Strike Starting June 21

Norwegian oil and gas industry trade unions announced on Monday that workers on offshore drilling rigs will begin a strike on June 21, if no agreement is reached with employers regarding next year’s wages. About 438 members of three unions — Styrke, SAFE, and DSO — may take part in …

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Eurasia Journal News

A New Gas Field Has Been Discovered in the Norwegian Sea

The Haydn exploration well was drilled in the Norwegian Sea near Aasta Hansteen. A joint venture between OMV (40%), Vaar Energi (30%) and Inpex Idemitsu (30%) has discovered the new Haydn deepwater gas field, about 65 kilometers southwest of the Aasta Hansteen field, and 310 kilometers west of Sandnessjøen, offshore …

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Eurasia Journal News

Oil and Gas Production on the Norwegian shelf Will Peak in 2025

Norwegian companies need to step up exploration and improve production efficiency in order to avoid a drop in oil and gas production after 2025, the Norwegian Offshore Directorate believes. Oil and gas production on the Norwegian continental shelf will reach a maximum in 2025, and then it is expected to …

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Eurasia Journal News

Wintershall Dea Completes Reserve Assessment For Adriana Gas Condensate Field

Wintershall Dea and its partners Petoro, Aker BP and PGNIG have completed well 6507/4-4 S in the Adriana gas condensate field (GCF) in the Norwegian Sea. The Wintershall Dea press service reported this on February 29, 2024. The Adriana field was discovered in 2021 with exploration well 6507/4-2 S as …

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Eurasia Journal News

Equinor Will Increase Its Stake in a Gas Field in The Norwegian Sea

Equinor will increase its stake in the Linnorm gas field in the Norwegian Sea, the transaction is expected to be closed in the first quarter of 2024, according to a company press release. “Equinor will acquire a 30% stake in PL 255, which owns the Linnorm field, subject to the …

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Eurasia Journal News

Gas Production Resumed at the Dvalin Field in the Norwegian Sea

Wintershall Dea and its partners Petoro and Sval Energi have resumed production at the Dvalin gas field in the Norwegian Sea, which is expected to supply significant volumes of gas to the European market. The offshore Norwegian gas field Dvalin, which is being developed as a satellite of the Heidrun …

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Eurasia Journal News

Germany’s Wintershall Dea Starts Gas Production at a Newly Discovered Field

German oil and gas company Wintershall Dea has started gas production at the Dvalin field in the Norwegian Sea, the company said. “Wintershall Dea, together with partners Petoro and Sval Energi, has started gas production at the producing Dvalin gas field in the Norwegian Sea, providing significant new gas volumes …

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Eurasia Journal News

OMV Norge Receives Permission to Drill Exploratory Well 6607/3-1 S in the Norwegian Sea

The Norwegian Petroleum Directorate (NPD) has granted Norwegian OMV Norge (a subsidiary of the Austrian oil and gas company OMV) permission to drill the 6607/3-1 S exploration well in the Norwegian Sea. This was reported by the press service of the NPD. The program for well 6607/3-1 S provides for …

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