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Labor Party might change policy on Lofoten-exploration

The Labor Party`s program committee has presented a new solution for evaluating petroleum exploration in Lofoten, Vesterålen and Senja. They want to conduct an impact assessment in just parts of Sothern Lofoten. In the previous program from 2013, the Labor Party wanted exploration in the entire area.   The Labor Party will evaluate the new suggestion on the party’s national convention. Oil minister, Terje Søviknes, believes that the proposal conserves too large areas.      



Extended production at Sigyn

The Sigyn field in the North Sea was scheduled to end production by the end of 2017. However, the new plan is to continue production for five additional years.  ExxonMobil, the operator, estimates to extract 18 million barrels of oil equivalents in this period.   



Statoil increases exploration drilling

Statoil plans to drill around 30 exploration wells in 2017, an increase of about 30 % compared with last year. More than half of the wells will be drilled on the Norwegian shelf. According to the company, marked condition will be suited for more drilling activity this year.



Maersk might stop production at Trym

Maersk has decided not to redevelop the Danish Tyra field in the North Sea. The platform is sinking and the field will be decommissioned. The Norwegian Trym field is connected to Tyra and will also probably have to end production in the autumn of 2018.



New rig company

Renowned business leaders in Norway has established a new rig company named Borr Drilling. Top managers in Seadrill are recruited to the company. Borr Drilling has already bought two large jack-up drilling rigs from Hercules Offshore for $ 130 million. Development costs were four times higher than the purchasing price for the three-year-old rigs.



Centrica appointed Oda contracts worth NOK 2 billion

Centrica has awarded contracts for drilling, production systems and subsea equipment related to the development of the Oda field in the North Sea. The contracts have a total value of more than NOK 2 billion (€ 222 million). FMC will deliver subsea systems and Subsea 7 will provide pipelines, control cables and subsea services. Aker BP/Maersk Drilling won the rig contract.

Press Contact

Verena Sattel
Communication Manager North Sea, Spokesperson