Tuesday, July 23, 2019

Lundin Norway News

Johan Sverdrup Phase 2 Plan Approved

Johan Sverdrup Phase 2 (Image: Equinor)

Norwegian authorities have formally approved the plan for development and operation (PDO) of the second phase of the Johan Sverdrup field, Equinor announced on Wednesday. The Norwegian energy company said the NOK 41 billion ($4.7 billion) project received broad support in Norway’s parliament at the end of April, and today the partnership received the formal approval…

Equinor Drills Dry Well in the Barents Sea

The West Hercules drilling rig in the Barents Sea. (Photo: Ole Jørgen Bratland / Equinor)

Norwegian energy company Equinor has come up dry in the drilling of its first wildcat well in production licence 857 in the southeastern part of the Barents Sea.Equinor, as operator of production licence area Gjøkåsen, drilled 7132/2-1 targeting the Gjøkåsen Shallow prospect about 175 kilometers north of Vardø, using the Seadrill drilling rig West Hercules. The exploration well was the first drilled in production licence 857…

Lundin Granted North Sea Drilling Permit

Image: Lundin Petroleum

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North Sea.The NPD said on Tuesday that the wildcat well, designated 16/1-31 S, would be drilled from the Leiv Eiriksson drilling rig after concluding the drilling of wildcat well 7121/1-2 S in the Barents Sea.The well will be drilled about 4 kilometers…

Lundin Buys Stakes in Rolvsnes, Goddo

 Image: Lundin Petroleum

Lundin Petroleum, Europe's independent oil and gas exploration and production company with operations focused on Norway, has increased its stake in the major Rolvsnes oil discovery in the Norwegian North Sea, flagging a potential tieback eventually to its operated Edvard Grieg oil field.A press statement from the Swedish oil and gas company said: "Lundin has entered into an agreement with Lime Petroleum…

Norway Awards 15 Exploration Licences to Lundin Petroleum

Map: Lundin Petroleum AB

Europe’s independent oil and gas exploration and production company Lundin Petroleum announced that its wholly owned subsidiary Lundin Norway has been awarded a total of 15 exploration licence interests in the 2018 Norwegian licensing round (Awards in Predefined Areas, APA).The record-high award includes 8 licences in the North Sea, 2 licences in the Norwegian Sea and 5 licences in the southern Barents Sea.

Exploration Firms Drill Dry Well in North Sea

Image: Lundin Petroleum

Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 2/6-6S, targeting the Oppdal and Driva prospects in PL860 in the North Sea. Both targets were dry. The well was drilled with the Rowan Viking jack-up drilling rig and was operated by MOL Norge with a 40 percent working interest.

Norwegian Sea Well Comes up Dry for Lundin Petroleum

Image: Lundin Petroleum

Europe's oil and gas exploration and production company with operations focused on Norway Lundin Petroleum AB  said that its wholly owned subsidiary Lundin Norway AS  has completed the drilling of the Silfari exploration well 6307/1-1S located in PL830 in the Norwegian Sea."The well was dry," said Lundin Petroleum.The main objective of the well was to test the reservoir…

Lundin to Drill Barents Sea Well

Image: Falkland Islands Government

Europe's independent oil and gas exploration and production company Lundin Norway will drill and test a new exploration well in the Barents Sea, following approval by the Norwegian Petroleum Safety Authority (PSA)."Lundin is the operator for production licence 767. We have now given the company consent for exploration drilling and testing of well 7121/1-2 S," said…

Lundin Norway Awards EPCI Contract to WorleyParsons

Managing Director of Rosenberg WorleyParsons, Jan T. Narvestad and Managing Director of Lundin Norway, Kristin Færøvic. Photo:  Lundin Norway

Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (EPCI) by Lundin Norway ASO in the Norwegian Continental Shelf.The services include planning, engineering, prefabrication, offshore installation and commissioning support. The objective of the modification is to prepare Lundin’s Edvard Grieg platform to receive…

Aker Bets on Software Engineers for Its Oil Business

(Photo: Aker BP)

When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one.So instead they set up their own, Cognite, to create digital maps of Aker BP's oil industry assets, integrating data from equipment such as pumps, heat and pressure sensors,…

Løken Named CEO at Kvaerner

Karl-Petter Løken (Photo: Kvaerner)

Karl-Petter Løken has been appointed President and Chief Executive Officer (CEO) for the international contracting company Kvaerner. Løken succeeds Jan Arve Haugan, who left Kvaerner for a position at Aker Energy. Kvaerner's EVP & CFO Idar Eikrem will continue as interim CEO until Løken steps into the role this spring after ending his current position as head of Project Development for Lundin Norway.

Lundin Petroleum's Grieg Output Back to Normal

File Image: A typical North Sea installation (CREDIT: Craig Int'l)

Production at Lundin Petroleum's Edvard Grieg oil and gas field off the coast of Norway is back at normal levels following a partial outage that began when the Forties pipeline was shut earlier this month, Lundin said.   "Production at Grieg is going as normal. It resumed fairly quickly after the Forties problems occurred," Lundin Norway Managing Director Kristin Faeroevik told Reuters on Wednesday.   Reporting by Henrik Stolen

Lundin Extends Contract for Ocean Rig

Image: Ocean Rig

Ocean Rig UDW, contractor of offshore deepwater drilling services, has announced that Lundin Norway AS, has declared their third option to extend the existing contract of the Leiv Eiriksson. In addition, Ocean Rig has granted Lundin 2 additional options to drill further wells in the future. As a result of these developments, the rig now has firm employment until…

CGG Launches Shallow Reservoir Imaging Solution

CGG announced at ONS 2016 the launch of TopSeis, the latest evolution in offshore broadband seismic, specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer seismic. Exacerbated by the use of progressively wider spreads to meet the industry’s quest for greater efficiency, the lack of near offsets leads to an inability to image shallow geological features…

Aker Joins Johan Sverdrup Phase 2 Study

Location of Johan Sverdrup field Map by Wikipedia

Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field, Norway's largest oil find in three decades. The study includes design solutions for a tie-in of the platform and future satellites to the field center that is being developed in the project's first phase. The work will…

Aker Solutions Wins Lundin Norway Deal

Courtesy Aker Solutions

The agreement covers early-phase studies, pre-engineering (FEED) work, verifications and follow-on engineering for Lundin Norway. It encompasses engineering work from Aker Solutions' three business areas - Engineering, Subsea and Maintenance, Modifications and Operations - as well as the company's integrated study house, Front End Spectrum. The contract has a fixed period of three years and may be extended by as many as two years.

Xodus to Lead Norwegian Continental Shelf Study for Lundin

Steve Swindell (Photo: Xodus)

Xodus Group AS has been awarded a framework agreement by Lundin Norway AS to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf. The agreement is for four years with potential extension for two years. It will draw on Xodus' expertise from across the company's wide ranging technical capabilities as it calls for concept screening…

Statoil Taps Aibel for Johan Sverdrup Construction Contract

Johan Sverdrup Field View (Image: Statoil)

Statoil has, on behalf of the Johan Sverdrup partners, awarded Aibel in Norway the contract for construction of the converter station at Haugsneset and required construction site work for land-based power supply to the field. This is an engineering, procurement and construction (EPC) contract covering engineering, procurement, construction site work, building of a converter station and installation of converter equipment.

Statoil Awards Johan Sverdrup Pipeline Contracts

The Johan Sverdrup offshore field (photo: Statoil)

The total contract value is estimated at slightly less than NOK 2.5 billion, the three contracts cover both the oil and the gas export pipelines for Johan Sverdrup. The linepipe fabrication contract for the export pipelines was awarded to Mitsui & Co. Norway A.S. Mitsui will deliver 220 000 tonnes of steel for the oil and gas pipelines, totalling 430 kilometres.

Power Development Begins for Johan Sverdrup

The mayor from the municipality of Tysvær in Rogaland, Sigmund Lier, pushed the button to set off one of the explosive charges at Haugsneset yesterday at an event held to mark the start of construction work for the power-from-shore solution. This is an important milestone in the development of the giant Johan Sverdrup field that will be powered from shore, when it starts production in late 2019.