Development News in Norway

Vår Energi Unlocking High-value Barrels in the Balder Area
10/22/2024 - Vår Energi ASA (OSE: VAR, the "Company") and license partner Kistos Energy Norway AS have reached the final investment decision for the Balder Phase V project in the Balder area. The fast-track develo...
Improved recovery award for creativity, perseverance and appetite for risk
8/27/2024 - This year’s Improved Recovery Award goes to the licensees on the Valhall and Hod fields in the North Sea.

These fields have produced almost four times more oil and gas than the estimates in...
Valhall wins the Norwegian Offshore Directorate's award for improved recovery
8/27/2024 - “Congratulations, Team Valhall and Hod – this award is for you!” exclaimed Ole Johan Molvig, Senior Vice President for the Valhall area at Aker BP. On behalf of Aker BP and its partner Pandion, he acc...
Equinor Decided to Invest to Maintain High Gas Production at Troll
5/24/2024 - Equinor and the Troll partners have decided to invest just over NOK 12 billion to further develop the gas infrastructure in the Troll West gas province.

This will accelerate production f...
Lime Petroleum and partners submit Plan for Development and Operation for Bestla Field
5/3/2024 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technology-driven oil exploration and production company, ...
Brasse, Now Bestla, Brage’s Grandma, to Tie Up with Brage as Partners Approve Field Development
4/8/2024 - DNO ASA, the Norwegian oil and gas operator, today announced that a final investment decision has been made for the development of the Brasse field, to be renamed Bestla, based on a tie-back to the ne...
Provaris Announces Quarterly Activities Report – December 2023
1/31/2024 - Provaris Energy Ltd is pleased to provide the following summary of the Company’s development activities for the quarter that ended 31 December 2023.

H2NEO CARRIER DEVELOPMENT & PROTOTYPE TAN...
The Shelf in 2023: Robust Activity and Major Investments
1/11/2024 - 2023 was an active year on the Norwegian shelf. 92 fields were in operation at year-end, 27 projects were under development and many exploration wells were drilled. ...
Kobra East & Gekko (KEG) on Stream ahead of Plan
10/26/2023 - Aker BP is pleased to announce that production has started from Kobra East & Gekko (KEG) in the Alvheim area. KEG is operated by Aker BP, with ConocoPhillips Skandinavia AS as partner.

When...
Ready for Tommeliten a Start-up
10/5/2023 - The authorities have granted consent for start-up of the Tommeliten A field in the North Sea. Operator Conoco Phillips estimates that around 24 million standard cubic metres (150 million barrels) of o...
Westwood Insight – Rosebank Development Finally Sanctioned
9/29/2023 - Equinor and partner Ithaca Energy have taken the final investment decision for Phase 1 of the Rosebank development, while the NSTA has granted regulatory approval (Figure 1). The project is the highes...
Green Light for Breidablikk
9/28/2023 - The Norwegian Petroleum Directorate (NPD) has granted consent for start-up of the Breidablikk field in the North Sea. Production is expected to start in October.

Breidablikk is an oil fiel...
Three Development-Project Studies
9/19/2023 - A trio of detailed studies commissioned by the Petroleum Safety Authority Norway (PSA) have investigated and identified challenges, learning points and recommended improvement measures for executing d...
HSE Challenges for Safe Start-up & Operation of Developments
9/19/2023 - Potential indicators of health, safety and environmental (HSE) challenges in the execution phase which might affect the safety of development projects have been studied by IKM Acona for the Petroleum ...
Equinor Submitted a Plan for Development and Operation (PDO) of the Eirin Gas Field
9/15/2023 - On behalf of the partnership, Equinor has submitted a plan for development and operation (PDO) of the Eirin gas field to the Ministry of Petroleum and Energy.

Recoverable reserves in t...
Yggdrasil and Valhall PWP-Fenris: Construction is Underway
9/4/2023 - Aker BP celebrated the first official steel cut for its two major developments, Yggdrasil and Valhall PWP-Fenris on the Norwegian shelf. The event at Stord marks the start of three years of high activ...
The Brasse Project Continues with OKEA as Operator
8/9/2023 - OKEA ASA: The partners in the Brasse license have agreed on a fast-track development concept for the oil and gas discovery, paving the way for detailed design studies to link up with the Brage field. ...
Automated Reporting of Faults and Incidents
8/8/2023 - On commission from the Petroleum Safety Authority Norway (PSA), SINTEF has conducted a study to shed light on which systems and processes are necessary for enabling a higher degree of automated report...
Equinor Receives Consent for Modification, Åsgard B
7/28/2023 - The Petroleum Safety Authority Norway (PSA) has granted Equinor consent for major modification of Åsgard B in connection with the development of Halten East and Smørbukk North.

Operator: Equ...
More than 200 Norwegian Suppliers Involved in Yggdrasil and Valhall PWP-Fenris
6/30/2023 - So far, more than 200 Norwegian supplier companies are directly contributing to the two upcoming major developments on the Norwegian shelf – Yggdrasil and Valhall PWP-Fenris.?And the number will grow ...

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