updated Wed. September 25, 2024
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SteelGuru
April 7, 2018
Norway gives Aker BP consent for exploration drilling of well 7221/12-1 in the Barents Sea. Aker BP is the operator for production licence 659 in the Barents Sea. The company was given consent to drill exploration well 7221/12-1 to investigate a prospect named "Svanefjell", around 65 kilometresÃâà...
Rigzone
April 6, 2018
Petroleum Safety Authority Norway (PSAN) has granted Aker BP and Spirit Energy consent to drill separate wells in the Barents Sea. Aker BP has been granted consent to drill exploration well 7221/12-1, in order to investigate a prospect named Svanefjell, which is around 40 miles north-north-east of theÃâà...
Offshore Oil and Gas Magazine
April 4, 2018
OSLO, Norway – Lundin Petroleum has the go-ahead from the Norwegian Petroleum Safety Authority (PSA) to drill an appraisal well in the Barents Sea. The semisubmersible Leiv Eirkisson will spud well 7220/11-5 S in production license 609 later this month, with the drilling, completion, and testingÃâà...
SeafoodSource (blog)
April 4, 2018
Russia's part of the Arctic can also be divded into two zones, with a significant part of the Barents Sea and the waters of the Norway and Greenland seas having proven fisheries, while the East Siberian, Laptev, Kara, and Chukchee seas are rarely fished and poorly researched. In the entire Russian Arctic,Ãâà...
The Independent Barents Observer
April 3, 2018
It was in 1983 that the ÃâëValentin ShashinÃâû moved into the central part of the Barents Sea and started the drilling operation that soon revealed the 3,9 trillion cubic meters Shtokman field. The drilling followed exploration works conducted by vessel ÃâëProfessor ShtokmanÃâû in 1981. The ÃâëValentin ShashinÃâû inÃâà...
Maritime Herald
April 3, 2018
The crews of two nuclear submarines of the Northern Fleet of the Russian Navy have carried out antisubmarine exercises in the Barents Sea, reports TASS. Those divers practiced the search and follow-up of a hostile submersible, performed tactical exercises, executed torpedo attacks and completedÃâà...
Spaceflight Now
April 3, 2018
Russian authorities did not officially announce the launch in advance, other than the release of standard warnings to pilots to keep out of drop zones north of Plesetsk, where pieces of the Soyuz rocket were expected to fall in the Barents Sea. RussianSpaceWeb.com, run by the respected Russian spaceÃâà...
Telegraph.co.uk
April 2, 2018
Denied a renewal of their usual fishing quota, its owners partnered up with a Russian company and sent the ship, renamed the Rubin, to ply the Barents Sea. There, in the words of Eskil Engdal and Kjetil Saeter, two Norwegian journalists, the ship slipped ineluctably into “a maelstrom of shell corporations,.
The Independent Barents Observer
March 31, 2018
Two of the largest navy vessels based on the Kola Peninsula, “Vice Admiral Kulakov” and “Severomorsk” sailed into the Barents Sea from the Northern Fleet's main base on Thursday, Russia's Defense Ministry informs. “The crews of the vessels will conduct a joint exercise hunting and tracking ofÃâà...
TASS
March 31, 2018
MOSCOW, March 30. /TASS/. Russia's Natural Resources Ministry hopes to sign the agreement on the former "grey zone" in the Barents Sea in summer, Natural Resources Minister Sergey Donskoy told reporters. "To date everything is ready, the signing of the agreement is planned this summer at the nextÃâà...
Devdiscourse
March 31, 2018
Norway sees the Barents Sea zone as the most trustful zone for new resource discovery. Next year, Statoil, Norway's state oil and gas company plans to pay increased attention to the former "Grey Zone" and will drill 5-7 exploratory wells in the Barents Sea. Russia has already signed the agreement onÃâà...
Upstream Online
March 15, 2018
Statoil has applied to the authorities to sink three wildcats in the Barents Sea off Norway later this year using semi-submersible West Hercules. The Norwegian giant, set to be renamed Equinor, has apparently exercised an option to drill an additional well with the unit, having last month chartered it fromÃâà...
TASS
March 14, 2018
Scientists confirmed halibut living in the sea, though formerly specialists believed it lived only in the Norwegian or Greenland Seas. The Kara Sea is also rich in polar cod, capelin, in flounder, perch and snow crab. "We forecast a possible growth of crab, like it was in the Barents Sea," the official said.
Seeking Alpha
March 14, 2018
Statoil (STO +0.4%) and its partners including Total (TOT +0.3%) say they plan to spend more than NOK5B ($642M) to develop the Askeladd field, which is part two of the multi-phased Snohvit development in the Barents Sea. The Askeladd field is expected to supply 21B cm of gas and 2M cm ofÃâà...
The Independent Barents Observer
March 7, 2018
Polar scientists in Norway are now launching a large research project, named Nansen Legacy aimed at studying the rapid changes to the marine environment in the northern Barents Sea. Some 140 researchers are involved with a budget of 740 million kroner (€75 million). The Norwegian researchÃâà...
The Independent Barents Observer
March 7, 2018
Heat shockwaves in the highest North. The archipelagos in the northern Barents Sea and Kara Sea were up to 11 centigrades warmer than average last winter. ByÃâà...
E&P
March 2, 2018
According to information from analysts at Divergente LLC, Rosneft plans to resume drilling in the Barents Sea this year and in the Kara Sea within two years in a work commitment that covers the entire Russian Arctic. Meanwhile, Gazprom subsidiary Gazpromneft-Sakhalin is looking for fields of its own.
Offshore Oil and Gas Magazine
February 28, 2018
ABERDEEN, UK – Add Energy and Trendsetter Engineering will provide well control support and access to their relief well injection spool (RWIS) to a well due to be drilled this spring in the Norwegian Barents Sea. If called on, the RWIS system should facilitate high rate kill requirements through a singleÃâà...
Undercurrent News
February 22, 2018
The Russian red king crab fishery in the Barents Sea has become the first king crab fishery in the world to achieve Marine Stewardship Council (MSC) certification. Next, the Association of Crab Catchers of North, the fishery client, plans to get the Barents Sea snow crab fishery the blue MSC tick. “Now weÃâà...
Seeking Alpha
February 21, 2018
One of the most high-profile wells to be drilled in 2017 was Statoil's (NYSE:STO) Korpfjell exploration well in the Barents Sea. The well found only a small non-commercial volume of gas, and contributed to a year of disappointing results for the region. In 2018, there are no similar multi-billion barrel potentialÃâà...
The Independent Barents Observer
February 20, 2018
Halfdan Millang, head of Rosneft's Norwegian subsidiary RN Nordic Oil, says the Barents Sea must be developed as a new independent petroleum region. It is simply too far away from other infrastructure; it will be too expensive to add it to other existing areas with petroleum activities. “Should the area nearÃâà...
Seeking Alpha
February 5, 2018
On February 1, 2018, Norwegian oil company Statoil signed a contract with Seadrill for the use of the 6th generation West Hercules. The total estimated contract value is $15-$20 million for the two permanent wells and options to drill another five exploration wells. Will SDRL be a good investment after theÃâà...
E&P
February 2, 2018
Statoil (NYSE: STO) has contracted the West Hercules semisubmersible rig for its drilling campaign in the Barents Sea, the company said on Feb. 1. The rig has been contracted for drilling two exploration wells in the Barents Sea in 2018 and options to drill another five exploration wells. Statoil and theÃâà...
Offshore Oil and Gas Magazine
February 2, 2018
Half will be in the Barents Sea, with an estimated exploration spend of $350 million. Its forecast production for 2018 is 155-160 MMboe/d, at a cost of around $12/boe, with capex this year of around $1.3 billion. In addition, the company expects to spend around $350 million on decommissioning. Among theÃâà...
WorldOil
February 1, 2018
STAVANGER -- The West Hercules semisubmersible rig has been contracted for drilling two exploration wells in the Barents Sea in 2018, and options to drill another five exploration wells. Statoil and the licence partners have signed a contract with North Atlantic Norway Ltd for use of the 6th generationÃâà...
Xinhua
December 31, 1999
OSLO, April 10 (Xinhua) -- The Norwegian government presented a proposal to parliament on Tuesday to develop the Johan Castberg oil field in the Barents Sea, with a planned production start date of the end of 2022. "The development of the Johan Castberg field is a gigantic industrial project with goodÃâà...
Offshore Technology
December 31, 1999
Lundin Norway, the wholly-owned subsidiary of Lundin Petroleum, has begun drilling 7220/11-5 well on the Alta discovery in PL609 in Barents Sea. Once the drilling is completed, this well will be used for extended well testing. Alta field, which was discovered in 2014, is located around 160km from theÃâà...
Offshore Oil and Gas Magazine
December 31, 1999
Following completion of appraisal well 7220/11-5, it will be used for an extended well test. Alta was discovered in 2014 in license PL609 in the southern Barents Sea, 160 km (99.4 mi) from northern Norway. Lundin has drilled three successful appraisal wells to date on the structure, and is contemplating aÃâà...
SeafoodNews
December 31, 1999
COM [Seafood News] - February 23, 2018 Barents Sea Russian Red King Crab Fishery First in World to Achieve MSC Certification Independent certifier Acoura Marine has awarded MSC certification to the Russian Red King Crab fishery in the Barents Sea, making them the first king crab fishery in the worldÃâà...
