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Three Companies Offered Acreage on the NCS to Store CO2

On April 5, 2022, three companies were offered exploration licenses to store CO2 in two areas on the Norwegian Continental Shelf. One area in the North Sea and one in the Barents Sea were announced in September last year, and the authorities have assessed applications from five companies.

Three Companies Offered Acreage on the NCS to Store CO2

New Oil and Gas Discovery by the North Sea Troll and Fram Area

Equinor, which is the operator of production license 293 B, has discovered oil and gas close to the Troll and Fram area. Based on preliminary estimates the size of the discovery is between 4 and 8 million standard cubic meters of recoverable oil equivalent, or 25-50 million barrels of recoverable oil equivalent.

New Oil and Gas Discovery by the North Sea Troll and Fram Area

Bill Henn and Rip Stringer Join Intelligent Wellhead Systems

Intelligent Wellhead Systems Inc. (IWS), a leading supplier of digital technologies that improve oil and gas well completion operations, has announced that Bill Henn and Rip Stringer have joined the IWS team to help the industry accelerate the adoption of digital completion technologies. Henn and Stringer report to William Standifird, IWS CEO.

Bill Henn and Rip Stringer Join Intelligent Wellhead Systems

Prosafe Wins Petrobras Contract

Prosafe has been declared the winner of a bidding process for a four-year contract by Petróleo Brasileiro SA (‘Petrobras’) for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil.

Prosafe Wins Petrobras Contract
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