Aibel will assign around 250 employees in Asker, supported from Haugesund, to the study, with completion expected in late 2027. An exclusive EPma option is included; fabrication will be awarded later.
Terra Stream Energy aims to model recoverable gas at Norselhøgda for industry assessment, with the study scheduled for late 2026 and reservoir stimulation likely to be needed for development.
Norway’s 2026 APA licensing round has drawn applications from 21 oil and gas companies, including Shell, for exploration acreage across three offshore regions.
Norway has received applications from 21 companies for APA 2026 production licences, covering predefined acreage in the North Sea, Norwegian Sea and Barents Sea.
Equinor and its partners found 7.6-10.5 million barrels of recoverable oil equivalent at Skrugard North Tubåen, with a possible tie-back to the Johan Castberg field.
Subsea7 has secured an EPCI contract from Vår Energi for the Goliat Gas Export Project offshore Norway, including pipeline installation and subsea infrastructure work in the Barents Sea.
Equinor has secured a Barents Sea drilling permit for well 7220/5-EC-2 H, with Transocean Enabler assigned to carry out the operation.
Vår Energi has submitted a revised plan for the Goliat Gas Export project, backing a $360 million Barents Sea investment to extend field life and enable future subsea developments.
Equinor and its partners have reported an oil discovery at the Polynya Tubåen prospect in the Barents Sea, with estimated recoverable resources of 14 to 24 million barrels and a possible tie-back to the Johan Castberg field under review.
