Developments on the shelf – what have we learned?

Credit-Jan_Arne_Wold___Bo_B._Randulff_-_Equinor-Copyright-Equinor.jpg

The Martin Linge field in the North Sea. Photo: Equinor

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.

Yes, I would like to register for the presentation of the report Project implementation on the Norwegian shelf, 7 February at 09:00 am at the Norwegian Petroleum Directorate (in Norwegian).

Within planned time and cost?

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.

 

Contact
Bjørn Rasen

Tel: +47 51 87 60 00

Updated: 31/01/2020

Latest news

Improved NCS map
21/02/2025 The Norwegian Offshore Directorate’s FactMaps have been upgraded, making it easier to use the service.
Dry well in the Norwegian Sea (6306/6-3 S)
21/02/2025 Aker BP ASA and its partners have drilled a dry well in the “Bounty Updip” prospect in the Norwegian Sea.
Minor increase in oil and gas resources on the NCS
20/02/2025 Total petroleum resources on the Norwegian continental shelf (NCS) saw a minor increase last year, according to last year’s "inventory" – the Resource Accounts for 2024.
Production figures January 2025
20/02/2025 Preliminary production figures for January 2025 show an average daily production of 1 990 000 barrels of oil, NGL and condensate.
Drilling permit for wellbore 7220/7-CD-1 H
10/02/2025 The Norwegian Offshore Directorate has granted Equinor Energy AS drilling permit for wellbore 7220/7-CD-1 H in production licence 532, cf. Section 13 of the Resource Management Regulations.
CO2 storage on the Norwegian shelf could become a new industry
07/02/2025 Last year, more licences were granted for storing CO2 on the Norwegian continental shelf than ever before.
Dry well in the North Sea (35/6-5 S)
06/02/2025 Aker BP ASA and its partners have drilled a dry well in the “Njargasas” prospect in the North Sea.
Consultation – proposed new Regulation on data collection and documentation for mineral activities on the continental shelf
05/02/2025 The Norwegian Offshore Directorate (NOD) is presenting proposed new Regulation on data collection and documentation for mineral activities on the continental shelf.
Drilling permit for wellbore 7/1-4 S
31/01/2025 The Norwegian Offshore Directorate has granted Vår Energi ASA drilling permit for wellbore 7/1-4 S in production licence 1090, cf. Section 13 of the Resource Management Regulations.
Dry well in the Norwegian Sea (6305/10-1)
22/01/2025 Orlen Upstream Norway and its partner Norske Shell have drilled a dry well, wildcat well 6305/10-1 “Tomcat”, in the southern part of the Norwegian Sea.