Tie-back to existing infrastructure is new the most common way of developing new finds, bout in the North Sea, Norwegian Sea :and the Barents Sea:
Slightly used FPSO becoming available for reuse:
Dana submits draft plans for Western Isles decommissioning
https://www.dana-petroleum.com/what-we-do/united-kingdom/western-isles-fpso/
Large gas find in Norwegian sector:
Norway logs largest hydrocarbon discovery in 10 years
https://newsweb.oslobors.no/message/595049
Good news and bad news. Finding more gas is good news for the future: (maybe not for the climate)
The discovery of a new gas field in Norway has caused a resounding drop in natural gas prices in Europe on Monday. The contracts included in the Dutch TTF index, which serve as a reference for the price of this raw material in the Old Continent, have...
That prices of existing gas drops immediatly is not so good news.
Revenue from the new gas will come on after it gets to the market, which may be several years from now.
ombugge
September 17, 2023, 4:35pm
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The PETROJARL FOINHAVEN moored at M.A.R.S (
Frederikshavn – MARS ) for recycling /scrapping
Photo: Wim Kosten –
www.maritimephoto.com (c)
Petrojarl Foinaven is a Golar-Nor Offshore design, the first FPSO to enter the harsh frontier waters West of Shetland.
Est. reading time: 1 minute
ombugge
September 28, 2023, 11:47am
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Two sides of the same case:
Norwegian energy major Equinor and its partner Ithaca Energy have taken the final investment decision to progress Phase 1 of the $3.8bn Rosebank development on the UK Continental Shelf. The Rosebank field, which is the largest undeveloped field in...
Estimated reading time: 2 minutes
ombugge
October 22, 2023, 7:38pm
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It took a long time to get started, but quick to finish:
ombugge
October 28, 2023, 1:15pm
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Video report about the storm evacuation in 2011 and the following recovery and upgrade:
ombugge
November 5, 2023, 10:43pm
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ombugge
December 7, 2023, 1:22pm
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(Bloomberg) — A swath of Norway’s offshore gas discoveries risk remaining untapped due to challenges ranging from complex reservoirs to costs of production. By the end of last year, there...
Est. reading time: 2 minutes
Looks like Bloomberg has a problem with metric units:
By the end of last year, there were 84 gas discoveries off the coast, with estimated reserves exceeding 1.2 billion square meters, the Norwegian Petroleum Directorate said Tuesday.
What NPD said:
As of 31 December 2022, there were 84 gas discoveries on the shelf with 1273 GSm3 of gas in place (GSm3 – one billion standard cubic metres). These resources are found in reservoirs with different degrees of complexity, which has made them difficult to develop.
They even made an effort to explain what “GSm3” stands for.
A bit further north:
Despite its commitment to cut climate gas emissions and reduce hydrocarbon dependence, Norway continues to expand exploration in the Barents Sea.
In early March, drilling rig Transocean Enabler made its way into Arctic waters towards a drill site located about 200 km north of the Norwegian mainland.
The operation is part of Equinor’s exploration of licence area 1080. A drilling permit was in February this year issued by the Norwegian Offshore Directorate. Drilling is due to take place in April.
Ice situation in the northern part of the Barents Sea is variable:
Sea-ice frequency in the Barents Sea in April in the period 1993-2024. Map by the Norwegian Polar Institute
According to Signe Aaboe, a geophysical scientist at the Norwegian Meteorological Institute, there is a generally negative trend in the extension of the sea-ice, but variations are significant.
“Although the long-term trend is clearly negative irrespectively of the season, there are big variations of the trend,” she says in a comment to the Barents Observer.
In March-April 2020 there was exceptionally much sea-ice in the region, while it was exceptionally little in for example January-February 2023, she explains:
Sea-ice around Bear Island in year 2020. Photo: The Norwegian Coast Guard on X
Vår Energi (ENI) is also active in the Norwegian part of the Barents Sea:
COSL Prospector rig leaving Las Palmas; Source: Canarship
https://www.cosl.no/coslprospector