Search results for: Oselvar

81 results

A list of search results

  • 13 April 2018

    The Faroe-operated Oselvar and Trym fields have received a clean bill of health from the PSA following an audit of pipelines and subsea facilities.

  • 24 February 2016
    Operations & Maintenance

    DONG Energy has confirmed the shutdown of the Oselvar field located in the Norwegian sector of the North Sea. According to the company’s statement the Oselvar field has not lived up to its initial expectations. The field was put in production in April 2012, and the expected lifetime of the field was 20 years. DONG […]

  • 16 April 2012
    Business & Finance, Operations & Maintenance

    DONG Energy will be increasing its production of oil and gas via production from the Norwegian Oselvar field. Oselvar is DONG Energy’s second development as operator in Norway. The field was put into production Saturday 14 April. “We are now the operator of two Norwegian fields. This confirms our long-term position in Norway,” says Anders […]

  • 6 May 2011
    Business & Finance

    Dong E&P Norge AS has received consent to use the mobile facility Mærsk Giant on Oselvar, located in the southern part of the North Sea. The Oselvar field is located southwest of Ula and northwest of Ekofisk. The field was discovered in 1991 and belongs to production licences 274 and 274CS. The water depth at […]

  • 7 July 2015
    Project & Tenders

    Net production for the Norwegian Energy Company ASA (Noreco) group in June 2015 is estimated at 4 320 barrels of oil equivalents (boe) per day. Huntington oil field located in the UK North Sea has seen a production decline when compared to figures produced in May.  The company noted that net realised price in June was […]

  • 9 August 2013
    Business & Finance

    BP has informed that due to a defect gas compressor at the Ula field, which serves as a processing hub for nearby oil fields, Ula will not be able to recto receive and process production from satellite fields, leaving the Oselvar field shut down. The news has been revealed by Noreco in a filing to Oslo Bors. […]

  • 8 February 2008

    DONG E&P Norge, operator of production license 274, has carried out drilling of appraisal well 1/3-10A at the 1/3-6 discovery (named ‘Oselvar’) in the southern part of the North Sea. The well was drilled as a sidetrack to the appraisal well 1/3-10, in order to investigate the underlying water zone and to improve delineation of […]

  • 16 April 2012
    Business & Finance

    DONG Energy will be increasing its production of oil and gas via production from the Norwegian Oselvar field. Oselvar is DONG Energy’s second development as operator in Norway. The field was put into production Saturday 14 April. “We are now the operator of two Norwegian fields. This confirms our long-term position in Norway,” says Anders […]

  • 22 February 2016

    Dong Energy has reportedly decided to shut down production from the Oselvar field offshore Norway 14 years earlier than planned due to reservoir issues.  The Oselvar oil and gas field is located in the southern part of the Norwegian sector of the North Sea and it was put in production in April 2012. The field is located […]

  • 16 November 2012
    Business & Finance

    Norwegian Energy Company ASA (Noreco) provides the following update on its operational activities. The FPSO Voyageur Spirit has been on location at the Huntington field in the UK North Sea since 3 October 2012. Hook-up of risers, and completion and commissioning of the FPSO is now taking place. The exact timing of the start-up activities […]

  • 30 November 2016
    Project & Tenders

    Partners in the Oda field, previously named Butch, located in license PL 405 in the North Sea, have submitted the plan for its Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy. The Oda partnership includes Centrica Norge (operator 40%), Suncor Energy Norge (30%), Aker BP (15%), and Faroe Petroleum (15%). The […]

  • 15 July 2016
    Business & Finance

    DONG E&P Norge has divested its ownership shares in five producing Norwegian oil and gas fields to Faroe Petroleum Norge.  The fields are Trym, Oselvar, Tambar (including Tambar East) and Ula, the company informed. David Cook, executive vice president in DONG Energy, said: “It is very satisfying that we have reached an agreement with Faroe […]

  • 20 August 2008

    Operator Dong E&P Norge has hit pay in its Ipswich exploration well near the Oselvar discovery in the Norwegian sector of the North Sea, the Norwegian Petroleum Directorate (NPD) said. Wildcat well 1/3-11 and sidetrack 1/3-11 T2 were drilled around 10km south of the 1/3-6 Oselvar find, with the aim of proving up petroleum in […]

  • 17 April 2018
    Operations & Maintenance

    Petroleum Safety Authority (PSA) Norway has inspected Faroe Petroleum Norge and its management of the integrity of pipelines and subsea facilities on the Oselvar and Trym fields. The objective of the audit was to gain an overview of the integrity management of pipelines and subsea facilities for which Faroe is responsible as the operator of […]

  • 30 November 2016
    Operations & Maintenance, Research & Development

    Partners in the Oda field, previously named Butch, located in the North Sea licence PL 405, have submitted its Plan for Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy. The Oda field was discovered in 2011, in the Norwegian North Sea, in shallow water approximately 13 kilometers east of the producing […]

  • 29 February 2012
    Business & Finance, Operations & Maintenance

    Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar field. The Oselvar field is located southwest of Ula and northwest of Ekofisk. The field was discovered in 1991 and is part of production licences 274 and 274CS. Water depth at the site is approx. 72 metres. The […]

  • 26 November 2015

    Norwegian Energy Company ASA (Noreco) has completed the sale of its licences that contain the Oselvar field, offshore Norway.  In July 2015, Noreco sold 15 per cent participating interests in the Norwegian shelf licenses PL274 and PL 274 CS, which includes the Oselvar field with associated tax balances, to CapeOmega. Noreco says that transfer of […]

  • 30 March 2011
    Business & Finance

      Norwegian Energy Company (Noreco) has chosen to terminate the agreement to sell Noreco’s interests in the Oselvar and Enoch fields to Marubeni Corporation (Marubeni). The agreement with Marubeni was entered into in September 2010. On 3 March 2011 it was announced that the buyer had not yet fulfilled the requirements applicable to a licensee […]

  • 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 […]

  • 29 February 2012
    Business & Finance

    Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar, an offshore oil field located 250 km (160 mi) southwest of Stavanger in the southern Norwegian section of North Sea The Oselvar field is situated southwest of Ula and northwest of Ekofisk. The field was discovered in 1991 […]

  • 8 December 2016

    Faroe Petroleum has received consent from the Norwegian offshore safety regulator, the Petroleum Safety Authority (PSA), to use the facilities and connected pipelines for the Oselvar and Trym fields, offshore Norway.  Earlier this week, Faroe completed the previously announced acquisition of interests in five Norwegian North Sea producing oil and gas fields from Dong Energy. The fields include […]

  • 1 July 2015
    Business & Finance

    Noreco Norway AS, a subsidiary of Norwegian Energy Company ASA (Noreco), has announced the sale of its 15% participating interests in the Norwegian shelf licenses PL274 and PL 274 CS, which includes the Oselvar field with associated tax balances, to CapeOmega.  Noreco sold its interest for a total consideration of NOK 201 million ($25.6 million). […]