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Centrica to buy Norway gas fields for 1.6 billion dollars

Centrica Plc agreed to purchase from Statoil ASA Norway’s largest oil and Natural Gas Company assets in Norway gas fields for 1.6 billion dollars. The act of transaction implies sale of Statoil stakes in the Kvitebjorn, Heimdal, Valemon, Skrine-Byggve, Fulla, Frigg-Gamma- Delta, Vale and Rind fields.

read more... 21/11/2011

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New perspectives for Barents gas in Europe

Significant discoveries of gas in the Norwegian and Barents Sea represent a challenge for Norway to extend its current pipeline system from the North Sea to the Barents Sea.

read more... 26/08/2011

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Total makes a major discovery in the Barents Sea

Total EP Norge AS, operator of production license 535,along with its partners Rocksource, Det Norske and North Energy has announced a gas discovery on the Norvarg prospect in the Barents Sea. This is Norway’s second large gas discovery in the area this year.

read more... 09/08/2011

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Statoil makes new discovery near Oseberg

Norway’s Statoil ASA has discovered oil and condensate in the North Sea’s Krafla West prospect. Located around 26 kilometers south-west of the producing Oseberg South find, the discovery well encountered hydrocarbons in two columns with a total thickness of 300 meters.

read more... 01/07/2011

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Ratification of the Russian-Norwegian border agreement

Russian President Dmitry Medvedev signed on April 8 the ratification of the agreement with Norway on Maritime Delimitation and Cooperation in the Barents Sea and the Arctic Ocean.

read more... 12/04/2011

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