Posts Tagged ‘Norway’

Remembering the 123 offshore workers who lost their lives on this day in 1980 🙏

Photo: Norwegian Petroleum Museum

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The offshore oil and gas (O&G) sector is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up. Rystad Energy research shows that annual greenfield capital expenditure (capex) broke the $100 billion threshold in 2022 and will break it again in 2023 – the first breach for two straight years since 2012 and 2013.

Offshore activity is expected to account for 68% of all sanctioned conventional hydrocarbons in 2023 and 2024, up from 40% between 2015-2018.



  • Middle East investment continues to be strong
  • Good for South America thanks to Brazil (16 new FPSOs by the end of the decade) and the Guyana success story.
  • Strong forecast for Norway and the UK boosts Europe.
  • North America could do far better with less obstructive access policies.

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Love this Northern Lights photo from Norway (V. Belov)

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Symbolic gesture or troubling precedent?

OSLO, Nov 29 (Reuters) – Norway will not issue licences for energy companies to explore for oil and gas in frontier areas during the life of the current parliament, which ends in 2025, its oil and energy minister told Reuters on Tuesday.

“SV (Socialist Left Party) has had this as a demand for this year and we went along with that. And have accepted that this can be held off for this parliamentary period,” (per Minister of Petroleum and Energy Minister Terje Aasland).

Aasland said there was “no drama” in the decision as authorities still issue licences to oil companies in a parallel licensing around called the APA round, in so-called mature areas that are already open to oil companies.


Meanwhile NPD reports a dry hole 17 km north of the Heidrun field in the Norwegian Sea.

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The quote below is encouraging. Hopefully, the technical team will be able to function independently, and will have strong leadership. I would like to see participation by the Petroleum Safety Authority of Norway.

There are good teams in place to handle pipeline accidents, there are emergency pipe inventories and experts for onshore and offshore,” Jens Schumann, managing director of gas pipeline grid company Gasunie Deutschland, said.


Meanwhile the seemingly straightforward Huntington Beach pipeline spill investigation drags on one year after the incident.

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This notice from the Petroleum Safety Authority of Norway adds yet another twist to the Nord Stream saga:

In recent times, Ptil has received several notices/messages from operator companies on the Norwegian continental shelf about observations of unidentified drones/aircraft in the vicinity of offshore facilitiesWe have called for increased vigilance from all operators and shipowners on the Norwegian continental shelf.

Here is Nord Stream’s update on their investigations into the pipeline leaks:

Nord Stream AG has started mobilization of all necessary resources for a survey campaign to assess the damages in cooperation exchange with relevant local authorities. Currently, it is not possible to estimate a timeframe for restoring the gas transport infrastructure. The causes of the incident will be clarified as a result of the investigation.

Meanwhile, Swedish seismologists have reported explosions near the leaks.

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Comments from Terje Aasland, Norwegian Minister of Oil and Energy, after a strong licensing round during which 26 applications were received:

We need exploration and new discoveries to maintain the production of oil and gas over time, which is important both for Norway and Europe. The applications in TFO 2022 show very good interest among the companies active on the Norwegian continental shelf in looking for new petroleum resources. This is very gratifying, says Oil and Energy Minister Terje Aasland (Ap)

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“Norwegian offshore oil and gas workers went on strike Tuesday. The stoppage could reduce the country’s gas output by almost a quarter and intensify supply chain shortages due to Russian gas boycotts by EU nations.” 


I couldn’t find any data on the typical length of these strikes, but my recollection is that they are usually rather brief.

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Norwegian offshore worker disputes tend to be resolved without major work stoppages, and fortunately that appears to be the case with the latest dispute. This would not have been a good time to take Norway’s 1.8 million BOPD and 11.5 BCFD of gas off the market, even briefly.

NPD photo

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123 workers lost their lives in the North Sea.

Tiå går og di seie tiå lege adle sår
Men ein mista bror e sår som aldri gror
Kanskje vil dårr gå vinter og vår
Sei oss klart kor dokker står
Håpte på at han sko komma
At han sko komma hjem igjen

Time is gone, they said; time would heal all wounds
But to lose a brother is a wound that will never heal
It could take as long as the never-ending winter and spring [i.e., never]
I hope that he should come
That he should come home again

Excerpt from the Alexander L. Kielland (1980) Song

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