Det norske oljeselskap ASA Company News

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Det Norske Completes Merger with BP Norge, Creates Aker BP
Friday, September 30, 2016Det norske oljeselskap ASA completes its merger with BP Norge AS, which was initially announced in June 2016.

Lundin Granted Drilling Permit Offshore Norway
Tuesday, September 20, 2016The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7219/12-1, offshore Norway.

Det Norske Increases Production Guidance for 2016
Wednesday, September 14, 2016Norway-focused exploration and production company Det norske oljeselskap ASA increases its production guidance for 2016.

Subsea 7 Forms Development Alliance with Det Norske, Aker Solutions
Tuesday, September 13, 2016Subsea 7 S.A. forms a development alliance with Det norske oljeselskap and Aker Solutions to cut costs.

Det Norske, Eni Come Up Dry In North Sea Wells
Thursday, August 04, 2016Det norske oljeselskap AS and Eni Norge AS have drilled dry wells in the Norwegian North Sea, says the Norwegian Petroleum Directorate.

Det Norske Receives Consent to Drill North Sea Well
Tuesday, August 02, 2016Det norske has received consent from Petroleum Safety Authority Norway for exploration drilling in production license 442 in the North Sea.

Oil Firm Det Norske Looking for More Deals in 'Very Interesting' Market
Thursday, July 14, 2016Norway's Det norske sees scope for further transactions after its planned merger with BP's Norwegian business.

Det Norske Awards Services Contracts to DNV GL
Monday, June 27, 2016Det norske oljeselskap ASA awards 2 new frame agreements to DNV GL for verification, Inspection and HSEQ services.

NPD Grants Det Norske North Sea Drilling Permit
Friday, June 17, 2016The Norwegian Petroleum Directorate grants Det norske oljeselskap ASA a drilling permit for well 25/10-15 S, located in production license 626 offshore Norway.

BP And Det Norske Agree $1.3B Norwegian Oil Merger
Friday, June 10, 2016BP and Det norske agree to merge their Norwegian businesses in a $1.3 billion share deal to cut costs, increase profitability and challenge Statoil's Norwegian offshore dominance.

Rosenberg Secures Fabrication Contract for Johan Sverdrup
Friday, June 03, 2016Rosenberg WorleyParsons AS secures a contract for the fabrication of three bridges and two flare towers for the Johan Sverdrup project.

Atlas Professionals Secures NCS Contract with Det Norske
Friday, May 20, 2016Atlas Professionals secures a frame agreement with Det norske oljeselskap ASA to support its operations on the Norwegian Continental Shelf, commencing June 1.

Lundin Petroleum Q1 Beats Forecast, Raises Sverdrup Capacity Estimate
Wednesday, May 11, 2016Lundin Petroleum raises output estimates for the first phase of the giant Johan Sverdrup field as it beats 1Q core earnings expectations.

Norway's Aker Seeks More Investments, Says Billionaire Owner Roekke
Friday, April 22, 2016Aker expects to conduct more acquisitions and other transactions in coming years, according to the firm's top owner.

Det Norske Acquires Centrica's North Sea Licenses
Monday, April 18, 2016Det norske oljeselskap enters into an agreement with Centrica Resources to acquire the company's licenses in the Frigg Gamma Delta and Rind discoveries, both of which are located in the North Sea.

NPD Grants Det Norske Drilling Permit for Well 16/1-26 A
Thursday, April 14, 2016The Norwegian Petroleum Directorate grants Det norske oljeselskap AS a drilling permit for well 16/1-26 A, located offshore Norway.

Det Norske Production Drops YOY
Monday, April 11, 2016Det norske oljeselskap ASA's total 1Q production drops to 60,600 barrels of oil equivalent per day in 2016 from 64,900 the year before.

Royal Boskalis Awarded Johan Sverdrup Services Contract
Friday, April 01, 2016Royal Boskalis Westminster N.V. secures a contract by Samsung Heavy Industries for the transportation of topside modules for the Johan Sverdrup project, offshore Norway.

Det Norske to Acquire Noreco's Norwegian Portfolio
Wednesday, March 02, 2016Det norske oljeselskap ASA plans to acquire Noreco Norway AS' Norwegian license portfolio, including a NOK 45 million ($5.19 million) cash balance.

EXECUTIVE VIEW: Det Norske's Output Could Triple, Top Owner Aker Says
Tuesday, February 23, 2016Det norske oljeselskap's daily output of oil and gas could rise to 160,000 barrels after 2020, according to its biggest investor.

Det Norske Can Sanction New Projects at Less Than $40 per Barrel
Wednesday, February 17, 2016Det norske oljeselskap says cost-efficiency measures taken by the company now enable it to sanction new standalone projects that work at below $40 per barrel.

Aker to Deliver Johan Sverdrup Concept Study
Wednesday, February 10, 2016Aker Solutions will work on a concept study for a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field.

Norway's Statoil, Det norske Looking For More Acquisitions
Thursday, January 21, 2016Norwegian oil firms Statoil and Det norske are looking at more acquisitions, according to their chief executives.

Faroe Petroleum Secures 6 New Exploration Licenses on NCS
Wednesday, January 20, 2016Faroe Petroleum is awarded 6 new prospective exploration licenses, including 2 operatorships, under the 2015 Norwegian APA License Round on the Norwegian Continental Shelf.

Det norske Increases Reserves, Maintains 'Very Good' Production Levels
Monday, January 18, 2016Norway's Det norske oljeselskap increases reserves and is maintaining 'very good' production levels in spite of low oil prices and challenging macroeconomic conditions.

Det Norske Receives Drilling Consent for Volund
Friday, January 08, 2016Petroleum Safety Authority Norway grants Det norske oljeselskap ASA consent to use the Transocean Winner for production drilling and completion on the Volund field in the central North Sea.

Premier Oil: Solan First Oil Expected in January
Wednesday, December 23, 2015Premier Oil plc expects to reach first oil from the Solan field, located offshore UK, in January following delays due to adverse weather conditions.

MPE Maintains Decision to Cut Det Norske's Johan Sverdrup Stake
Monday, December 21, 2015The Norwegian Ministry of Petroleum and Energy maintains its decision to cut Det norske oljeselskap's stake in the Johan Sverdrup oil field, following an appeal made by the company earlier this year.

Premier Sells its Norwegian Business to Det Norske Oljeselskap
Monday, November 16, 2015UK firm Premier Oil sells its entire Norwegian business to Det norske oljeselskap for $120 million.

Norwegian Oil Firm Det Norske Cuts 2015 Spending Plans
Wednesday, November 04, 2015Norway's Det norske cuts spending this year after registering a third-quarter loss.

Aibel Secures Johan Sverdrup Power Supply Contract
Thursday, October 15, 2015Aibel secures a contract for the construction of a converter station at Haugsneset and required construction site work for land-based power supply to the Johan Sverdrup field.

Det Norske Buys Svenska Petroleum's Norwegian Business for $75M
Wednesday, October 14, 2015Det norske oljeselskap agrees to buy Svenska Petroleum's Norwegian business for $75 million.

Statoil Awards Two Johan Sverdrup Jacket Contracts
Thursday, October 08, 2015Statoil awards 2 separate contracts for Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A.

Statoil Cuts CAPEX for Johan Sverdrup Development
Friday, September 25, 2015Statoil cuts the Phase One costs of developing one of Norway's biggest oilfield projects.

FMC Kongsberg Secures Johan Sverdrup EPC Contract
Friday, September 18, 2015FMC Kongsberg Subsea AS secures an EPC contract, worth an estimated $160 million, for subsea equipment for the Johan Sverdrup project.

First Phase of Johan Sverdrup Development Approved
Friday, August 21, 2015The Norwegian Ministry of Petroleum and Energy approves the first phase of development for the Johan Sverdrup field.

Det Norske to Appeal Sverdrup Oilfield Ownership, 2Q Earnings Lag
Wednesday, July 15, 2015Norway's Det norske oljeselskap plans to appeal a government decisions giving it a smaller stake in the giant Johan Sverdrup oilfield.

Norway Decides on Johan Sverdrup Ownership Interests
Thursday, July 02, 2015The Norwegian government decides on how the Johan Sverdrup field will be split among its five owners.

Det Norske Completes Ivar Aasen Delineation
Thursday, July 02, 2015Det norske oljeselskap completes the drilling of three appraisal wells on the Ivar Aasen field.

Odfjell Drilling Wins North Sea Contracts Worth up to $1.04 Billion
Monday, June 15, 2015Statoil awards rig firm Odfjell Drilling contracts worth up to $1.04 billion for work on the giant Johan Sverdrup field in the North Sea.

NPD Grants Det Norske Drilling Permit for Ivar Aasen Field
Thursday, May 28, 2015The Norwegian Petroleum Directorate grants Det Norske Oljeselskap a drilling permit for well 16/1-22 A in the Ivar Aasen field.

Ivar Aasen Appraisal Wells Drilled Successfully
Wednesday, April 22, 2015Det norske oljeselskap completes the drilling of two appraisal wells on the Ivar Aasen field.

Total's Skirne East Well Finds Gas Offshore Norway
Friday, April 10, 2015Tota's Skirne East exploration well in the Norwegian North Sea finds recoverable gas of up to 10 million barrels oil equivalent.

Shango Well Spuds in the Norwegian North Sea
Monday, March 16, 2015Total begins drilling the Shango exploration well in the Norwegian North Sea.

Oil Firm Det Norske to Book 4Q Impairment Charge
Friday, February 06, 2015Det norske books a 4Q 2014 impairment charge connected to its acquisition of Marathon Oil's Norwegian business.

Faroe, Lundin, Cairn Score Norway License Wins
Wednesday, January 21, 2015Faroe Petroleum and Lundin Petroleum issue details of licenses they have secured in Norway's latest offshore licensing round.

Det Norske Starts Up Boeyla Oilfield in North Sea
Monday, January 19, 2015Det norske oljeselskap starts up its Boeyla oilfield in the North Sea, expecting to recover 23 million barrels of oil equivalent.

Det Norske to Develop Viper-Kobra Project in the North Sea
Friday, January 16, 2015Det Norske will spend $234 million developing the Viper and Kobra reservoirs in the Alvheim area of the North Sea.

Norway Oil Spending, Output to Fall on Low Crude Prices
Thursday, January 15, 2015Norwegian energy investments are set to tumble this year, exacerbating a drop in oil production.

Det Norske Achieves 4Q Increase in Production
Wednesday, January 14, 2015Det norske oljeselskap achieves a 6.8-percent quarter-on-quarter increase in net production from its Norwegian Continental Shelf assets.