More offshore Norway license wins for European trio

Offshore staff

OSLO, Norway – More companies have issued details of awards under Norway’s 22nd licensing round, which offered blocks in the Barents and Norwegian Seas.

Centrica Energy gained operatorship of the Scarecrow license, covering block 719. Partners are Lukoil and North Energy.

Eni Norge will operate three licenses close to its existing stronghold in the Barents Sea – PL712, PL716, and PL717. It will also be a partner in PL 714. PL 716 contains the Dazzler prospect in 450 m (1,476 ft) of water, 90 km (56 mi) northwest of Statoil’s Skrugard and Havis oil discoveries.

According to partner Faroe Petroleum, Dazzler is on the southern flank of the Stappen High adjacent to the Bjørnøya basin and comprises a large horst structure, defined by recently acquired 3D seismic, with potentially large volumes. One firm well has to be drilled, either targeting the shallower 50 m (164 ft) into the Triassic Snadd formation, or the deeper 3,500-m (11,483-ft) section.

Rosneft subsidiary RN Nordic Oil won a 20% interest in PL713, which covers blocks 7219/2 and 3, and 7319/11 and 12, and operated by Statoil. This marks Rosneft’s debut as a licensee on the Norwegian shelf. The company claims this acreage is one of the largest that was applied for, and is close to Skrugard and Havis.

RWE Dea Norge secured a 40% operated share of PL721 license in the northwest of the Barents Sea, north of Statoil’s oil fields. Partners are Repsol, OMV, and Wintershall.


Norway RWE Dea
(Image courtesy RWE Dea)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...