Subsea technology: A modern industrial adventure
21/06/2021 "The development of subsea technology in the 1980s marked the beginning of a modern Norwegian industrial adventure which shaped us as a petroleum nation."
Oil and gas discovery near the Balder field in the North Sea - 25/8-20 S, 25/8-20 B and 25/8-20 C
21/06/2021 Vår Energi AS, operator of production licence 027, has concluded the drilling of wildcat wells 25/8-20 S and 25/8-20 B and appraisal well 25/8-20 C.
“The resource diagram shows that we have produced 49 per cent of the recoverable resources on the shelf. This means that more than half remain to be discovered. Of course, it is impossible to say exactly how much is yet to be discovered, but our analyses indicate that it can be 24 per cent of the total. “Therefore, it is important to explore in all the sea areas”, says Director General Ingrid Sølvberg.