Search results for: North Energy ASA

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A list of search results

  • 18 December 2012

    Drilling of exploration well 6607/12-3 on the Jette prospect in licence PL385 in the Norwegian Sea is about to be completed. According to a statement issued by North Energy ASA, the well has encountered gas, but preliminary calculations indicate that the discovery is not commercial. “More evaluation and analysis will however be performed to further […]

  • 20 August 2014
    Business & Finance, Equipment

    Norwegian geophysical services company EMGS is looking to increase its shareholding in North Energy ASA.

  • 14 August 2014
    Business & Finance

    North Energy ASA and Noreco Norway AS have entered into an agreement on swapping interests in production licences offshore Norway.

  • 17 April 2011
    Business & Finance

      North Energy ASA has been awarded a license in the 21st Licensing Round on the Norwegian Continental Shelf (NCS) announced by the Ministry of Petroleum and Energy on the 15th of April, 2011. The license is located in the Norwegian Sea just south of Lofoten (Nordland 6) and just northeast of two of North […]

  • 7 April 2014

    Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award (LOA) from North Energy ASA for a contract of NOK 20 million (USD 3.3 million) for 3D EM data acquisition over and in the vicinity of license PL509S in the North Sea, offshore Norway.   “This contract means that EM is becoming accepted as an exploration tool […]

  • 5 May 2014
    Business & Finance

    Electromagnetic Geoservices ASA (EMGS) has received a contract from North Energy ASA worth NOK 10 million (USD 1.7 million) for 3D EM data acquisition in the North Sea. The survey is expected to commence early May, using the vessel BOA Thalassa. The vessel is BOA Offshore’s newbuild, of MT 6007 design and is the world’s […]

  • 20 August 2014
    Business & Finance

    North Energy ASA is increasing its equity holding in PL 484, offshore Norway, through an agreement on swapping licence interests with Explora Petroleum AS. Under the agreement on swapping licence interests, North Energy will acquire 20 per cent of PL 484 in the Norwegian Sea and transfer 10 per cent of PL 722 in the Barents Sea to […]

  • 5 May 2014
    Business & Finance, Equipment

    Electromagnetic Geoservices ASA (EMGS) has received a signed contract from North Energy ASA worth NOK 10 million (USD 1.7 million) for 3D EM data acquisition in the North Sea. The survey is expected to commence early May, using the vessel BOA Thalassa. BOA Thalassa is a 3D EM vessel with a capacity to carry 200 […]

  • 25 April 2012
    Business & Finance

    The Petroleum Safety Authority Norway has given its approval to Wintershall to carry out exploration drilling of well 33/6-4 with the Borgland Dolphin rig.  Well 33/6-4 belongs to production licence 370 in the northern part of the North Sea, adjacent to the median line with the UK.. Water depth at the site is 328 metres. […]

  • 3 May 2013

    Norway’s North Energy ASA has today signed a sale and purchase agreement with Spike Exploration Holding AS (Spike), whereby North Energy sells 10 per cent interests in offshore production licences (PLs) 299 and 590 to Spike for an undisclosed fee. North Energy’s remaining holdings after implementing the sale will be 10 per cent in PL […]

  • 26 May 2015
    Exploration & Production

    The Norwegian Petroleum Directorate (NPD) has issued a drilling permit for wellbore 2/11-11, in the North Sea, to Edison Norge AS. Wellbore 2/11-11 will be drilled from the Transocean Searcher semi-submersible drilling rig. According to the NPD, the drilling program for wellbore 2/11-11 applies to drilling of a wildcat well in production licence 616. The […]

  • 2 December 2015

    North Energy ASA, a Norway-based exploration and production company, will sell 10 percent interest in production licence PL 707 in the Barents Sea to Lime Petroleum. “This transaction forms part of North Energy’s current strategic process, where attention is concentrated on enhancing cost efficiency and optimising the licence portfolio,” the Norwegian firm explained in a statement on Wednesday. […]

  • 5 May 2014
    Business & Finance, Project & Tenders

    Electromagnetic Geoservices ASA (EMGS) has received a signed contract from North Energy ASA worth NOK 10 million (USD 1.7 million) for 3D EM data acquisition in the North Sea. The survey is expected to commence early May, using the vessel BOA Thalassa. BOA Thalassa is a purpose-built 3D EM vessel with the capacity to carry […]

  • 1 May 2015
    Business & Finance

    North Energy ASA, a Norwegian oil & gas exploration company,  has fired its CEO Erik Karlstrøm. The company has said that Karlstrøm has been relieved of his duties with immediate effect. Providing rationale for the move, the company said that “Karlstrøm no longer has the trust of the Board.” Erik Karlstrøm has been the CEO of North Energy […]

  • 20 August 2014

    With reference to the announcement of the strategic agreement between North Energy ASA and Electromagnetic Geoservices ASA (EMGS) on 21 January 2014, EMGS has now settled the NOK 75 million convertible bond loan to North Energy. EMGS has converted NOK 28.4 million of the loan into 6,851,463 shares in North Energy, at a strike price […]

  • 7 January 2015
    Exploration & Production, Project & Tenders

    North Energy ASA has informed that exploration drilling has started on the Tvillingen South prospect in production licence 510 in the Norwegian Sea. The prospect is located on the Haltenbanken in the Norwegian Sea, approximately 28 km southeast of the Kristin field. The well, 6406/6-4, will be drilled with Leiv Eiriksson semi-submersible drilling rig of the Trosvik Bingo 9000 […]

  • 24 August 2015
    Business & Finance

    Det norske will acquire 10 per cent interest in production licence 722, in the Barents Sea, from North Energy ASA.  The licence was awarded in the 22nd licensing round, and is subject to a drill or drop decision in the second quarter of 2016. According to its press release, the transaction with Det norske forms part of North […]

  • 19 January 2015
    Business & Finance

    Norwegian Energy Company (Noreco) has agreed to transfer its 30 per cent ownership in PL484 in the Norwegian Sea to North Energy ASA (North). According to North Energy, PL 484 in the Norwegian Sea contains several promising prospects and the licence group is now evaluating potential for further exploration drilling. The agreement is subject to regulatory approvals and the […]

  • 18 August 2014
    Business & Finance, Operations & Maintenance

    Rosneft together with Norwegian company Statoil Petroleum AS started exploration operations at the Pingvin License PL713 prospect in the Norwegian section of the Barents Sea. The first exploration well Pingvin-1 will be drilled by the Transocean Spitsbergen rig. The water depth is 422 meters and the drilling target total vertical depth (TVD) is 1516 meters. […]

  • 7 April 2014
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award (LOA) from North Energy ASA for a contract of $3.3 million for 3D EM data acquisition over and in the vicinity of license PL509S in the North Sea. “This contract means that EM is becoming accepted as an exploration tool in the North Sea and […]

  • 28 May 2015
    Exploration & Production, Project & Tenders

    The exploration drilling on the Zumba prospect in production licence 591 in the Norwegian Sea started yesterday, May 27, 2015.  The prospect is located on the Haltenbanken in the Norwegian Sea, approximately 14 km southeast of the Heidrun field. The well 6507/11-11 is being drilled by the Leiv Eiriksson rig to a total depth of […]

  • 12 May 2013

    Canada’s oil and gas exploration an production company Talisman Energy has kicked off drilling at the Frode prospect in the Norwegian sector of the North Sea. The well, which is situated in the production licence 299, approximately 16 km south-east of the Gyda field, was spudded on Friday, as announced by North Energy which owns a […]