Norway
Industry
Wintershall's Skarfjell has become the latest in a series of impressive Norwegian North Sea discoveries. The rich pickings are a real opportunity for independents keen to appraise the...
2012-04-16Industry
Statoil's first Skrugard appraisal confirms previous resource estimates for PL 532 and should aid field development plans. It also reaffirms the prospectivity of Norway's Barents Sea...
2012-03-06Industry
Lundin's latest estimate for its PL501 licence points to 1.3bn barrels (bbl). This could mean that the combined Sverdrup prospect contains between 2.2 and 2.8bn bbl. Despite the downgrade,...
2012-01-27Industry
Given Statoil's deep pockets, offshore experience and larger stake in the licences, it makes sense that it should take on the development of Sverdrup. Lundin and the other junior partners...
2012-01-19Industry
Lundin Petroleum's latest appraisal of the giant Avaldsnes field in Norway points to a lower than expected upper reserve estimate. Despite the setback, the combined Aldous-Avaldsnes...
2012-01-17Industry
The Havis discovery is the latest to highlight the prospectivity of Norway's offshore frontier. The find is likely to encourage further appraisal of PL532 and other Barents Sea licences....
2012-01-09Industry
Statoil's Luva development could indicate that exploration and production momentum is shifting towards frontier areas off Norway's northern coast. These projects could help slow a long-term...
2011-12-14Industry
BMI View: A US$1.6bn transaction between Statoil and Centrica is likely to be accretive for both companies. For Centrica, the deal represents further upstream expansion as well as an...
2011-11-21Industry
Statoil's second revision of its contingent resource estimate at the giant Aldous discovery suggests that the prospect may hold as much as 1.5bn boe. This implies that recoverable...
2011-10-24Industry
Statoil's latest appraisal of Aldous points to an even larger reserve estimate at the combined Aldous/Avaldsnes prospect. The find is likely to slow the decline in Norwegian oil production...
2011-10-18



