Barents Sea
Statoil to consider FPSO for Castberg (Skrugard-Havis) Since the Skrugard and Havis project has been renamed as Johan Castberg, some significant changes have happened to justify Statoil from Norway and its partners, Eni from Italy and Petoro from Norway, to rethink the conceptual design of the project into a floating, production, storage and offloading (FPSO) […]
ExxonMobil, Woodside, Statoil ready to board on FLNG Earlier this month, ExxonMobil and its partner BHP Billiton (BHP) unveiled their project to introduce their first floating liquefied natural gas (FLNG) vessel as the remedy to stop the costs inflation of its Scarborough natural project offshore Australia. A week later, the Australian company Woodside Petroleum (Woodside) […]
Statoil prepares High North oil exploration in Norway In February 2013, Statoil and its partners, Eni from Italy and Petoro from Norway, presented the conclusions of their feasibility study for the development of the Skrugard and Havis offshore oil fields in the Norwegian territorial waters of the Barents Sea. The selected concept depends of course […]
Gazprom first LNG shipment from Norway to Japan Gazprom prepared and implemented successfully the first shipment of liquefied natural gas (LNG) through the freezing Northern Sea Route (NSR) around the North Pole from Norway to Japan. Leaving the Port of Hammersfet in Norway on November 9th, the Ob River LNG carrier reached the Port of Tobata […]
Delivering Organic Value Created in 1981 under the name of International Petroleum, the company became Lundin Petroleum (Lundin) as a result of the merger with the Sands Petroleum in 1997. Home-based in Stockholm, Sweden, Lundin is listed in Stockholm, Nasdaq and Toronto. Managed by the Lundin familly, Lundin is an independent company focusing on oil […]
Statoil’s withdrawal opens door to Gazprom for new partnership with other Majors Since Gazprom, Total and Statoil could not make the final investment decision (FID) in June 30th on Shtokman despite $1.5 billion capital expenditure already spent in the project, some major changes were expected in the project. Statoil‘s decision to withdraw from the project, […]
Definition Petro Arctic is a Norwegian association to promote the potential suppliers willing to participate to the development and operations of the offshore oil and gas projects in North Norway and the Barents Sea. Comments Petro Arctic was created in 1997 to involve local companies in the Snøhvit LNG project. Since then the mission of Petro […]
Statoil, ENI and Petoro expect more to come from Skrugard and Havis exploration The Skrugard and Havis fields are located 5 kilometers from each other at a vertical depth of 1740 meters below sea level at a water depth of 388 meters in the PL532 licence area which was awarded in 2009 in connection with the […]
