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Seismic efforts in the North doubled
15/05/2012
As expected, the Norwegian Government has set aside more money for geological mapping in the north in its revised state budget.
The Government proposed NOK 160 million (€ 20,9 million) in increased funding for geological mapping, almost double of what was originally ...
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Norway - the "green" oil and gas producer
10/05/2012
According to the annual environmental reports from the oil and gas industry the NCS has the world record for rate of recovery, while the CO2-emissions from the production are being reduced. ...
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Operation center for Johan Sverdrup in Stavanger?
10/05/2012
The plans are now set for the development of Johan Sverdrup. The plans for the development of Skrugard in the Barents Sea are also under way.
They both point to 2018 as the year for production to start from both fields. This will make 2018 a turning point on the ...
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Shtokman decision postponed until 2013
08/05/2012
According to Total’s Christophe de Margerie, yet another delay in the project will not have large consequences.
- What we lose while holding back the investment decision, we can get back during the construction of the onshore facilities”, he said. ...
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Statoil and Rosneft signed Barents Sea agreement
05/05/2012
The two companies could invest NOK 203-232 billion (€ 26-30 billion) in developing fields in the Barents Sea in a new joint-venture where Statoil will get 33,4 percent of the shares. ...
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Dry well in the southern part of the North Sea
04/05/2012
Det norske oljeselskap ASA, operator of production license 450, is about to complete drilling of wildcat well 7/12-13 S.
The well was drilled about 9 km south of the Ula field in the North Sea. The primary exploration target for the well was to prove petroleum in ...
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The future is either pipeline or LNG in Barents Sea
03/05/2012
Conflicting positions between the oil industry, the state and regional interests dominate ahead of the decision, which will shape the energy future of the Norwegian Barents Sea.
The Barents Sea is making it to the top of the Norwegian petroleum agenda. Several field projects...
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Storebjørn was dry
02/05/2012
The operator for Storebjørn PL 450, Det norske oljeselskap ASA, is about to complete drilling operations on the well.
The drill bit encountered high pressure zones in the well. Because of this, it has taken somewhat longer time to reach the reservoir section ...
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Statoil strengthens US shale gas commitment
02/05/2012
As the US becomes an increasingly important area for Statoil, the company now wants more control over its assets.
Statoil began its US onshore oil and gas production activities in 2008 and has been constantly pursuing new growth opportunities since buying into the Marcellus ...
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Seismic acquisition underway
27/04/2012
The Norwegian Petroleum Directorate (NPD) started acquiring seismic data in the southern part of the Barents Sea on April 26.
- The entire first line of 67 375 kilometers was acquired before midnight. We are very satisfied with this start-up, says NPD’s project manager...
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