Statoil Emphasizes Importance of Barents Sea Exploration
Statoil
The Norwegian debate on new exploration and production activity in the Barents Sea is important, maintains Henrik Carlsen, executive vice president for Exploration & Production Norway in Statoil.
This applies both for the oil industry and for Norway, he says, and pledges that the group will be a prime mover in averting environmental harm from offshore operations in these waters.
With exploration activity and results declining off Norway in recent years, Mr. Carlsen notes that the future for the industry, Statoil and the Norwegian continental shelf (NCS) lies in the far north.
"We need new exploration acreage to secure our operations on the NCS," he says.
"We've shown great willingness and perseverance in seeking to renew exploration in these promising waters, where activity has been on ice for the past two years. Now we're eager to get going."
Statoil has devoted many years to exploring the Barents Sea, where about 60 wells have been drilled over the past two decades – with no accidents which might harm the environment.
The group also operates the Snøhvit development, which is being pursued in harmonious coexistence with the fishing industry and the local population in northern Norway.
Statoil is concerned to see that new technology and tougher environmental standards ensure zero discharges to the sea.
This goal is attainable, Mr. Carlsen affirms, and says that the group will take the measures and devote the resources required to meet it.
The technology used on Snøhvit can be applied and further developed for the rest of the Barents Sea and areas close to the north Norwegian coast.
"Spin-offs and opportunities for local industry have confirmed the potential which many had hoped to find," notes Mr. Carlsen.
"National and regional companies have gained a major vitamin boost. Snøhvit and oil operations are encouraging optimism and faith in the future."
An oil industry presence in northern Norway also provides major spin-offs for other marine-based sectors, he adds.
Infrastructure such as helicopters, ships and oil-spill response will enhance safety provision in the region, for instance.
This applies both for the oil industry and for Norway, he says, and pledges that the group will be a prime mover in averting environmental harm from offshore operations in these waters.
With exploration activity and results declining off Norway in recent years, Mr. Carlsen notes that the future for the industry, Statoil and the Norwegian continental shelf (NCS) lies in the far north.
"We need new exploration acreage to secure our operations on the NCS," he says.
"We've shown great willingness and perseverance in seeking to renew exploration in these promising waters, where activity has been on ice for the past two years. Now we're eager to get going."
Statoil has devoted many years to exploring the Barents Sea, where about 60 wells have been drilled over the past two decades – with no accidents which might harm the environment.
The group also operates the Snøhvit development, which is being pursued in harmonious coexistence with the fishing industry and the local population in northern Norway.
Statoil is concerned to see that new technology and tougher environmental standards ensure zero discharges to the sea.
This goal is attainable, Mr. Carlsen affirms, and says that the group will take the measures and devote the resources required to meet it.
The technology used on Snøhvit can be applied and further developed for the rest of the Barents Sea and areas close to the north Norwegian coast.
"Spin-offs and opportunities for local industry have confirmed the potential which many had hoped to find," notes Mr. Carlsen.
"National and regional companies have gained a major vitamin boost. Snøhvit and oil operations are encouraging optimism and faith in the future."
An oil industry presence in northern Norway also provides major spin-offs for other marine-based sectors, he adds.
Infrastructure such as helicopters, ships and oil-spill response will enhance safety provision in the region, for instance.
RELATED COMPANIES
Most Popular Articles
- Blockchain Demands Attention in Oil and Gas
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- Oman Sees Increasing Ship-to-Ship Transfers of Russian Oil Bound for India
- CNPC Opens Sea-Land Oil Storage and Transport Facility in Bangladesh
- US Govt Makes Record Investment of $6B for Industrial Decarbonization
- Perenco Still Searching for Missing Person After Platform Incident
- Eni, Fincantieri, RINA Ink Deal on Maritime Decarbonization
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Oil Falls as US Inventories Increase
- Czech Utility CEZ Bucks Weaker Prices, Demand to Log Record Annual Profit
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- UK Grid Operator Receives Aid to Advance Rural Decarbonization
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call