Search results for: det

32388 results

A list of search results

  • 20 January 2011
    Business & Finance

    Det norske has recieved Norwegian Petroleum Directorate’s permission to drill exploration well 6508/1-2 at the Skaugumsåsen prospect. The prospect is located in production license PL482 in the Norwegian Sea, south east of Norne. See illustration at the left for location, press for bigger. Det norske is the operator and owns 65 percent. The well will […]

  • 20 April 2010

    Det norske has made an oil discovery in exploration well 25/1-11 on Storklakken in PL 460. A nine meter oil column has been encountered, with good reservoir quality. Comprehensive data sampling is being performed in the well and the company will drill a sidetrack in order to assess the size of the discovery. Det norske […]

  • 21 February 2011
    Business & Finance

      Det norske oljeselskap ASA is about to plug and abandon exploration well 6305/9-2 on the Dovregubben prospect in PL 468. The well did not encounter any hydrocarbons. Additional information about the well will be released by the NPD shortly. Dovregubben was drilled with the semi submersible drilling rig Aker Barents. The rig will upon […]

  • 7 April 2011
    Business & Finance

      Det norske has sold a 20 percent interest in production licenses 554 and 554B to Svenska Petroleum Exploration, reducing its interest from 40 to 20 percent. As consideration, Svenska Petroleum Exploration will carry part of the expenses related to the first exploration well to be drilled in either PL 554 or PL 554B. The […]

  • 16 March 2011
    Business & Finance

    The partnerships in Draupne-, Hanz- and West Cable licenses have submitted an application for an environmental impact assessment for these discoveries. Draupne, with the smaller discoveries at Hanz and West Cable, is one of the major discoveries on the Norwegian shelf in recent years. The first oil from Draupne can be produced in 2015. The […]

  • 2 May 2011
    Business & Finance

    Drilling operation at the Norvarg prospect in production license 535 in the Barents Sea has commenced. The well 7225/3-1 is the first well in the license, which was awarded in the 20th Licensing Round in 2009. Norvarg is a large gas prospect. The operation is carried out with the submersible drilling facility West Phoenix. The […]

  • 2 June 2014
    Business & Finance

    Det norske has entered into an agreement to acquire Marathon Norway for a cash consideration of USD 2.1 billion (NOK 12.6 billion). The cash consideration is based on a gross asset value of USD 2.7 billion and is adjusted for debt, net working capital and interest on the net purchase price. The effective date of the transaction is 1 […]

  • 16 February 2011
    Business & Finance, Project & Tenders

      Det norske oljeselskap ASA is working actively on three potential development projects. In the fourth quarter, Det norske recorded high operating revenues. In 2010, Det norske oljeselskap ASA confirmed its position as one of the most active exploration companies on the Norwegian continental shelf and the company will continue its extensive exploration activity in […]

  • 15 July 2015
    Project & Tenders

    Det norske oljeselskap, a Norwegian independent oil company, said on Wednesday it would appeal the recent Norwegian energy ministry’s ownership shares split in the giant Johan Sverdrup field. The company will appeal to the King in Council, as the highest level of the Norwegian administrative authorities. To remind, on July 2, the energy ministry proposed the […]

  • 3 April 2014
    Business & Finance

    Ross Offshore AS today announces a contract award with Det norske oljeselskap ASA (Det norske). The contract is for seven years, with three year’s firm, and two plus two years optional. The contract consists of planning and implementation work, including total well management, as part of Det norske’s exploration program in the years to come. […]

  • 13 May 2013
    Business & Finance, Operations & Maintenance

    Det norske oljeselskap ASA has come to an agreement with Total E&P Norge AS with regards to transfer of participating interests in three licenses. In the Barents Sea, Det norske assigns ten per cent of license 535, which contain the Norvarg discovery, to Total. After the transaction Det norske holds ten per cent share in […]

  • 8 July 2014
    Business & Finance

    In relation to Det norske’s acquisition of Marathon Oil’s assets in Norway, Det norske oljeselskap ASA has today said it has now signed a reserve-based lending facility (RBL Facility), fully underwritten by BNP Paribas, DNB, Nordea and SEB. The RBL Facility is a senior secured seven-year USD 3.0 billion facility and includes an additional uncommitted accordion option of USD […]

  • 20 May 2016
    Business & Finance

    Dutch provider of recruitment and HR services Atlas Professionals has signed a framework agreement with the Norwegian oil operator Det norske oljeselskap. According to a statement by Atlas Professionals, the four-year deal becomes effective on June 1, with an option for Det norske to extend for another two years. Under the new agreement, Atlas Professionals […]

  • 21 September 2010
    Business & Finance

    Det norske oljeselskap ASA has signed a contract with Aker Drilling for the charter of the rig Aker Barents for the period from July 2012 to July 2014. Det norske’s current rig contracts expire in 2012. The charter for Aker Barents ensures that Det norske will have rig capacity for operations in deep water and […]

  • 14 March 2011
    Business & Finance

      Det norske oljeselskap ASA has agreed to divest 10 percent in PL 522, blocks 6604/2, 3, 4, 5 & 6, to Centrica Resources Norge AS. Det norske is reducing its interest from 20 percent to 10 percent. This Norwegian Sea license is operated by BG and includes the Gullris prospect located at 1300 meters […]

  • 1 April 2011
    Business & Finance

      As a result of the decision made by Det norske, a plan for development and operations (PDO) for the Frøy field will not be filed this year, and it has not been decided when such a plan will be submitted. The plan was to submit a PDO in the autumn 2010 with a FPSO […]

  • 29 November 2010
    Business & Finance

    Det norske oljeselskap ASA has as operator in PL 341, found indications of gas in the Stirby Deep prospect in the Viking Graben in the North Sea, 75 km south of Sleipner. The well data indicates gas/gas condensate under high pressure in a 70 meters thick sandstone with low porosity at 4870 meters below seabed. […]

  • 13 May 2013

    Norway’s Det norske oljeselskap ASA has come to an agreement with Total E&P Norge AS with regards to transfer of participating interests in three licenses. In the Barents Sea, Det norske assigns ten per cent of license 535, which contain the Norvarg discovery, to Total. After the transaction Det norske holds ten per cent share […]

  • 3 June 2010
    Business & Finance

    Det norske oljeselskap ASA has signed an agreement with Repsol Exploration Norge AS, whereby Det norske will reduce its ownership interest in PL 356 from 100 percent to 60 percent. Repsol will take on a 40 percent interest in PL 356, where plans are being made for drilling of the Ulvetanna prospect in 2011. “In […]

  • 2 November 2011
    Business & Finance

    As a partner in the giant Aldous Major oil discovery, Det norske oljeselskap ASA has created significant values both for its shareholders and for the Norwegian society at large. This discovery transforms the company and makes it a more significant player on the Norwegian Continental Shelf. In the third quarter, Det norske has submitted two […]

  • 10 May 2011
    Business & Finance

      Det norske plans to submit a plan for development and operation (PDO) for the Jetta discovery this summer. On the exploration side, the company will participate in an additional eight wells in 2011. During the first quarter, Det norske oljeselskap ASA has given priority to the development of the Draupne field and the Jetta […]

  • 7 November 2011
    Business & Finance

    Det norske has, through several years, actively cooperated with research- and educational institutions in northern Norway. “Through various measures, we wish to contribute to socioeconomic gains, and to develop competence in the three northernmost counties. By getting involved in education and industry, we will prepare the region for the boost in activity in the Barents […]