Search results for: Nini

8030 results

A list of search results

  • 5 February 2014
    Business & Finance, Operations & Maintenance

    On Thursday, 28th of January, the oil tanker Siri Knutsen was connected via pipelines to three of the Siri area’s four oil fields. Thus, E&P is again able to produce from the Siri area, and yesterday Nini East delivered the first oil drops. The fields in the Siri area have not been in operation since […]

  • 5 February 2014

    Thursday the 28th of January, the oil tanker Siri Knutsen was connected via pipelines to three of the Siri area’s four oil fields, offshore Denmark. Thus, E&P is again able to produce from the Siri area, and yesterday Nini East delivered the first oil drops. The fields in the Siri area have not been in […]

  • 23 December 2013

    The Danish Energy Agency (DEA) has approved a temporary production solution at the Siri platform in the Danish part of the North Sea.   According to DONG Energy which is the operator of the Siri Fairway fields, this means that production at the Nini, Nini East and Cecilie fields may resume in the first quarter […]

  • 23 December 2011
    Business & Finance

    Norwegian Energy Company (Noreco) has completed the sale of its interests in the Siri field in the Danish North Sea to DONG Energy. The agreement to sell Siri was announced in July this year. The agreement involves Noreco’s 50 percent interest in license 6/95 in Denmark, and the price is USD 13 million with effective […]

  • 5 January 2012

    Norwegian Energy Company (Noreco) in December 2011 produced 2,204 barrels of oil equivalents (boe) per day. Net realised oil price was USD 98 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production was negatively impacted by the harsh weather conditions in the North Sea, prompting periods of shutdown of the […]

  • 26 August 2013

    Noreco has announced that restart of production from the Nini, Nini East and Cecilie fields, which the operator planned last week, has been delayed. According to Dong Energy, the operator of the Danish North Sea Siri platform, which hosts production from the three satellite fields, production is not likely to resume this month. Production from […]

  • 4 March 2014
    Business & Finance, Project & Tenders

    Norwegian Energy Company (Noreco) in February 2014 produced 8 692 barrels of oil equivalents per day (boepd) on average. Net realised prices in February were USD102.9 per barrel of oil equivalents (USD 108.9 per barrel of oil) after adjustments for inventory, NGL and gas prices. Noreco production performance in February has been strong, mainly due […]

  • 6 October 2011
    Business & Finance

    Norwegian Energy Company ASA (Noreco) in September 2011 produced 4,017 barrels of oil equivalents (boe) per day. Net realized oil price was USD 106 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production per field (boe): Nini East – 2.537 Nini – 745 Cecilie – 319 Lulita – 302 Enoch […]

  • 25 July 2011
    Business & Finance

    Norwegian Energy Company (Noreco) has entered into an agreement to sell its interests in the Siri field in Denmark to DONG Energy. The agreement involves Noreco’s 50 percent interest in license 6/95 in Denmark, and the price is USD 13 million with effective date 1 July 2011. Noreco’s ownership in Siri’s satellite fields Nini East, […]

  • 6 September 2011
    Business & Finance

    Norwegian Energy Company ASA (Noreco) in August 2011 produced 3,995 barrels of oil equivalents (boe) per day. Net realized oil price was USD 110 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production per field (boe): Nini East – 2.287 Nini – 950 Cecilie – 354 Lulita – 338 Enoch […]

  • 23 March 2015
    Business & Finance, Project & Tenders

    Norwegian Energy Company’s (Noreco) Danish subsidiary was in January prevented from making payments for its share of production costs at the Nini field, located in the Danish part of the North Sea, and it was consequently in breach of the licence agreement. As this situation was not remedied as of March 21, 2015, the other […]

  • 6 August 2013

    Norwegian oil company Noreco is struggling with its producing oil and gas fields. In its production report for July the company said it has produced 3873 barrels of oil equivalent per day. The company revealed it has been experiencing technical problems at several fields. Technical issues related to one of two gas compressor trains at the […]

  • 1 October 2014
    Business & Finance, Equipment, Project & Tenders

    The oil from DONG Energy’s oil fields in the North Sea: Siri, Nini, Nini East, Cecilie and Stine-1, is now sent directly to the oil tank below the Siri platform. This takes place after completion of extensive repair work lasting several years.

  • 23 September 2013

    Norwegian Energy Company (Noreco) continues to record unstable production levels at its Huntington and Oselvar fields, which were both shut-in during parts of August. At the Huntington field the issues are mainly related to the British pipeline system Central Area Transmission System (CATS), which is operated by BP and which is used for export of Huntington gas. Huntington will continue […]

  • 5 November 2013
    Business & Finance

    Norwegian Energy Company (Noreco) produced 3 714 barrels of oil equivalents (boe) per day in October 2013, and net realised price was USD 98.50 per boe adjusted for inventory. Production per field, October 2013 (September 2013 in brackets) All in barrels of oil equivalents per day Huntington – 2 451 (3 391) Nini East – […]

  • 4 March 2016
    Project & Tenders

    Stinger Technology, a provider of subsea solutions, has secured a contract from DONG Energy for work on Siri platform in Denmark’s sector of the North Sea. Stinger has been contracted to provide environmental sampling and inspection inside the Siri platform’s oil storage tank. According to the company, the engineering and planning starts in March, with […]

  • 5 July 2011

    Norwegian Energy Company ASA  in June 2011 produced 8,125 barrels of oil equivalents (boe) per day. Net realized oil price was USD 104 per boe after adjustments for oil put options, inventory and NGL and gas prices. Total production from the Siri area fields in June was about 9,600 boe/day (3,375 boe/day net to Noreco). […]

  • 4 April 2014
    Business & Finance, Project & Tenders

    Norwegian Energy Company (Noreco) in March 2014 produced 8 615 barrels of oil equivalents per day (boepd) on average. Net realised prices in March were USD 98.3 per barrel of oil equivalents (USD 105.7 per barrel of oil) after adjustments for inventory, NGL and gas prices. For the first quarter 2014 production was 6 965 […]

  • 25 February 2010

    Operator Dong announces that the unmanned satellite platform, has started production. The oil from the field will be transported to the Siri field. The estimated reserves are 17 million barrels of oil. “Producing from this new field is part of our endeavour to keep up production for years ahead.

  • 10 December 2013

    Norwegian Energy Company (Noreco) produced 4 689 barrels of oil equivalents per day (boed) in November 2013 (3 982 boed in October). Adjusted for inventory, net realised price was USD 97.9 per boe(USD 107.1 per barrel of oil). As previously reported, the production volume restrictions imposed by the CATS pipeline operator on the Huntington field […]

  • 28 November 2013

    Norwegian Energy Company ASA (Noreco) today presents its third quarter 2013 report, with a negative EBITDA of NOK 284 million and a net loss of NOK 569 million for the period. The results for the quarter were marked by a number of significant one-off write-offs and write-downs related to exploration, discoveries and fields. A significant […]

  • 5 November 2013
    Business & Finance, Project & Tenders

    Noreco, a Norwegian Energy Company, produced 3 714 barrels of oil equivalents (boe) per day in October 2013, and net realised price was USD 98.50 per boe adjusted for inventory. At the Huntington field the reservoir is performing as expected and the FPSO unit has continued to operate in a steady, reliable manner since late […]