31/01/2020
To what extent are development projects on the Norwegian shelf affected by delays and cost overruns? The Norwegian Petroleum Directorate has examined the development from 2007 to 2018 and will present its findings on 7 February.
The report Project implementation on the Norwegian shelf will be presented at the Norwegian Petroleum Directorate's offices in Stavanger.
The Norwegian Petroleum Directorate has taken a closer look at 66 development projects on the Norwegian shelf during the period between 2007 and 2018. The objective of the report is to assess whether licensees will succeed in executing projects within the planned time and cost framework.
The last time the Norwegian Petroleum Directorate did something similar was in 2013 through the Assessment of implemented projects report, which addressed experience and lessons learned from five development projects.
Share experience
The objective this time is also to share experience gathered through regular project follow-up.
Finally, it will also provide insight into which types of projects should be expected on the Norwegian shelf in the years to come.
The NPD has maintained regular follow-up of development projects for a number of years. The authorities will accumulate knowledge and experience through dialogue with the licensees. The report is based on this; new interviews with the players.
26/03/2024
Seabed minerals represent a new opportunity for Norway, and a chance for us to be a pioneer nation – much like we have been within the oil and gas industry, both as regards stewardship of the resources and development of technology.
25/03/2024
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for well 24/6-5 in production licence 203, cf. Section 13 of the Resource Management Regulations.
22/03/2024
Nearly all petroleum industry executives believe that the Norwegian Offshore Directorate is achieving its objective to contribute to the greatest possible value for the broader society from the oil and gas industry.
22/03/2024
The deadline for nominating candidates for the Improved Recovery Award is being extended to 15 April. The prestigious award will be given out during ONS in August.
21/03/2024
Are you familiar with the printed version of our Map of the Norwegian Continental Shelf (NCS)? Do you have one yourself – maybe hanging on your wall? Is this something that's nice to have or a useful tool? We're conducting a mini-survey to map this specific issue.
21/03/2024
Equinor has delineated the "Heisenberg" oil and gas discovery in wells 35/10-11 S and A in the North Sea, and has also proven oil in the Hummer prospect.
15/03/2024
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for well 24/12-8 S in production licence 869, cf. Section 13 of the Resource Management Regulations.
14/03/2024
The Norwegian Offshore Directorate has granted Equinor Energy AS drilling permit for well 15/3-13 S & 15/3-13 A in production licence 025, cf. Section 13 of the Resource Management Regulations.