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.
Vår Energi and BlueNord have agreed to a $1.3 billion merger combining offshore oil and gas assets in Norway and Denmark, with closing expected around the end of 2026.
Odfjell Drilling has secured a one-year Aker BP extension for Deepsea Nordkapp, extending the semi-submersible rig’s firm contract period through the end of 2028.
Aker BP narrowed its 2026 production guidance to 380–400 mboepd as Yggdrasil, Valhall PWP–Fenris and other offshore developments reached key milestones.
Offshore Norway says the SAFE strike is costing more than NOK 500m per week and disrupting drilling, well operations and production on the Norwegian Continental Shelf.
Wellbore 35/6-7 S is expected to be spudded in August 2026 after Vår Energi received a drilling permit. COSL Prospector will carry out the work in production licence 929.
Equinor has awarded contracts worth about NOK 6 billion for four subsea projects on the Norwegian continental shelf, covering TWIN, Omega Sør, Tyrihans Nord and Brime.
Vår Energi has received Havtil consent to start up and operate Balder Phase VI on the Norwegian Continental Shelf. The project forms part of the Balder and Ringhorne development approved under the revised PDO.
Vår Energi will acquire a 32.5% interest in Peon from Equinor and divest stakes in Fram and Grosbeak under an asset exchange on the Norwegian Continental Shelf.
