Norwegian Petroleum Directorate

Aker BP confirms oil discovery near Yggdrasil

Retrieved on:

Friday, June 9, 2023

Aker BP, Continental shelf, NPD, Partnership, Norwegian continental shelf, Yggdrasil, Norwegian Petroleum Directorate, Petroleum, Storting, Equinor

FORNEBU, Norway, June 9, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) has successfully completed the drilling of the Øst Frigg Beta/Epsilon exploration well in the Yggdrasil area.

Key Points:

FORNEBU, Norway, June 9, 2023 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) has successfully completed the drilling of the Øst Frigg Beta/Epsilon exploration well in the Yggdrasil area.
This marks the longest exploration well ever drilled on the Norwegian Continental Shelf and has resulted in a significant oil discovery.
The discovery, located in the Yggdrasil area, contributes to increasing the resource base for the ongoing Yggdrasil development by approximately 10 percent.
In licence 442, the partnership comprises Aker BP (operator, 87.7 percent interest) and PGNiG Upstream Norway (12.3 percent interest).

Halliburton Upgrades Norwegian Petroleum Directorate’s National Data Repository

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Tuesday, May 30, 2023

Halliburton Company (NYSE: HAL) today announced it launched the Diskos 2.0 National Data Repository (NDR) for the Norwegian Petroleum Directorate.

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Halliburton Company (NYSE: HAL) today announced it launched the Diskos 2.0 National Data Repository (NDR) for the Norwegian Petroleum Directorate.
Diskos 2.0 stores critical exploration and production data and is vital to drive investments in Norway’s oil and gas industry.
It allows members to instantly access the full range of seismic, well, and production data in a fully functional petrotechnical software environment, like Halliburton Landmark DecisionSpace® 365, without moving data from the NDR to a local network.
“Diskos 2.0 provides operators and key oil and gas stakeholders with a clean, transparent information and data management environment,” said Louis Vos, Assistant Director of Finance and Shared Services, National Petroleum Directorate.

Aker BP: Oil discovery near Yggdrasil

Retrieved on:

Thursday, May 25, 2023

Planning and Development Secretary of Pakistan, Partnership, PDO, SVP, Yggdrasil, Norwegian Petroleum Directorate, Petroleum, Equinor

The well has resulted in a significant oil discovery.

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The well has resulted in a significant oil discovery.
Preliminary estimates indicate a gross recoverable volume of 40-90 million barrels of oil equivalent (mmboe), surpassing the previously communicated pre-drill estimate of 18-45 mmboe.
The discovery enhances the resource base for the Yggdrasil development, which was previously stated at 650 mmboe (gross).
The discovery will be evaluated as a potential addition to the Yggdrasil development.

Major investments on the Norwegian shelf: Aker BP submits record number of field development plans

Retrieved on:

Friday, December 16, 2022

Total recoverable resources in these development projects amount to 730 million net barrels of oil equivalent for Aker BP.

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Total recoverable resources in these development projects amount to 730 million net barrels of oil equivalent for Aker BP.
Aker BP's CO2 emissions per barrel are among the lowest in the entire oil and gas industry.
In connection with the PDO submissions, Aker BP has awarded a number of contracts to alliance partners and other strategic suppliers.
Aker BP will take over as operator, and will hence be operator for the entire area in both the development and operations phases.

Norway Oil and Gas Market Report 2022: Increasing Investments in the Oil and Gas Sector Expected to Drive Growth - ResearchAndMarkets.com

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Friday, October 7, 2022

Oil, Gas, Energy, OPEC, Coal, Natural gas, CAGR, Carbon, APA, Investment, NOK, Goal, Industry, COVID-19, Ownership, Norwegian Petroleum Directorate, Renewable energy, Oil, Petroleum, Growth

The "Norway Oil and Gas Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

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The "Norway Oil and Gas Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The Norwegian oil and gas market is expected to register a CAGR of more than 7.5% during the forecast period of 2022-2027.
Factors such as increasing demand for oil and gas coupled with new discoveries in the North Sea and Norwegian continental shelf are likely to drive the oil and gas market in Norway during the forecast period.
This change from coal to natural gas is expected to provide room for growth for Norwegian oil and gas as almost all of its natural gas goes to Europe.

Europe Oilfield Services Market Report 2022-2027: A Consolidated Industry with Schlumberger, Baker Hughes, Weatherford Int'l, Halliburton, Transocean , Expro, & Saipem Dominating - ResearchAndMarkets.com

Retrieved on:

Tuesday, June 21, 2022

Oil, Gas, Energy, COVID-19, Method, Government, Crash, Barents Sea, Ownership, Norwegian Petroleum Directorate, Natural gas, APA, Automation, United Kingdom, Tourism, Oil, Petroleum, Growth, Petroleum

The "Europe Oilfield Services Market - Growth, Trends, COVID-19 Impact, And Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Europe Oilfield Services Market - Growth, Trends, COVID-19 Impact, And Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
However, a shift towards renewable energy sources along with high volatility of crude oil prices are expected to hinder the market growth.
The country is witnessing significant activities in the oil and gas industry that is likely to aid the growth of the oilfield services market as well.
Thus, owing to the above-mentioned points, Norway is expected to witness significant growth for the Europe oilfield services market during the forecast period.