Subsea technology: A modern industrial adventure

kalmar-ildstad-utc-konferanse-2021.jpg

According to Kalmar Ildstad, subsea technology is a tool for good resource utilisation on the shelf.

21/06/2021 "The development of subsea technology in the 1980s marked the beginning of a modern Norwegian industrial adventure which shaped us as a petroleum nation."

These are the words of Kalmar Ildstad, Director licence management, in a keynote presentation at the Underwater Technology Conference (UTC), a conference focusing on subsea technology.

Ildstad believes that subsea technology will remain entirely crucial in the future, both in order to develop new energy industries and to maintain the high value creation from the oil and gas industry.

In spite of the relatively small size of several of the discoveries on the shelf, they contribute considerable values when the companies use cost-effective development solutions. Subsea technology will be key in achieving this.

More new technology

"Subsea technology has been a tool for good resource utilisation on the shelf for 40 years. We want this to continue," Ildstad explains.

The companies invest considerable amounts in research and development annually.

"We expect these investments to lead to the use of more new technology to increase value creation. The industrial adventure marches on!"

Watch the entire keynote presentation

Watch the video of Kalmar Ildstad's keynote presentation at the 2021 Underwater Technology Conference (UTC Conference):

Contact

Ola Anders Skauby

Director Communication, public affairs and emergency response

Tel: +47 905 98 519

Updated: 21/06/2021

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.