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.

6/14/2013

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

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...