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Brage Oil Field
Brage ( no, Bragefeltet) is an offshore oil field in the North Sea located northwest of the city of Bergen on the western coast of Norway and east of Oseberg Field Center. The field also contains gas. The water depth at the location is . The field was developed with a fixed integrated production, drilling and accommodation facility The oil from the field is pumped through a pipeline to Oseberg A facility from where it is transported to Sture terminal via Oseberg Transport System. The gas from the field is exported through Statpipe system to Kårstø. It is estimated that Brage may hold up to to of recoverable oil. Ownership The Brage field is operated by Wintershall Norge. Wintershall Norge holds 35.20%, Repsol Norge AS – 33.9%, Faroe Petroleum Norge – 14.30%, Point Resources – 12.2%, VNG Norge – 4.44%. Production Brage oil field produced up to when it reached its peak production in 1998 and is currently producing . New wells were drilled in 2007 and the op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wintershall
Wintershall Holding GmbH, based in Kassel, was Germany's largest crude oil and natural gas producer. It was a wholly owned subsidiary of BASF. The company was active in oil and gas exploration and production with operations in Europe, North Africa, South America as well as Russia and the Middle East region. Wintershall employed more than 2,000 people worldwide. In the 2018 financial year the company produced around 171 million barrels of oil equivalent (boe) of oil and gas. Revenues amounted to 4.09 billion euros. On 1 May 2019, Wintershall merged with DEA to form Wintershall Dea. BASF holds 67% of the shares in the joint venture. In 2021, Wintershall was ranked no. 25 out of 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in the Arctic Environmental Responsibility Index (AERI). History The early years Wintershall was founded on 13 February 1894 by mining entrepreneur Carl Julius Winter, together with mining-industrialist Hei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statpipe
The Statpipe pipeline is a natural gas system, which links northern North Sea gas fields with the Norway's gas export system. It transports gas from Statfjord, Gullfaks, Heimdal, Veslefrikk, Snorre, Brage, Tordis and Statfjord gas fields. History The Statpipe was developed by Statoil. The development plan was approved by the Norwegian Parliament (Storting) on 10 June 1981. The rich gas pipeline from Statfjord became operational on 25 March 1985 and the dry gas pipeline from Kårstø to Ekofisk field came on stream on 15 October 1985. The Draupner S riser platform was installed in 1984 as part of the Statpipe system. In 1998, the Statpipe was connected directly with the Norpipe. On 1 January 2003, the Statpipe was merged into Gassled partnership and Gassco Gassco is a Norwegian state owned company that operates of natural gas pipes transporting annually of 100 billion cubic meter (bcm) of natural gas from the Norwegian continental shelf to Continental Europe and Gr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equinor Oil And Gas Fields
Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. the company has 21,126 employees. The current company was formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. As of 2017, the Government of Norway is the largest shareholder with 67% of the shares, while the rest is public stock. The ownership interest is managed by the Norwegian Ministry of Petroleum and Energy. The company is headquartered and led from Stavanger, while most of their international operations are currently led from Fornebu, outside Oslo. The name ''Equinor'' was adopted in 2018 and is formed by combining ''equi'', the root for words such as ''equity'', ''equality'', and ''equilibrium' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Norway
The economy of Norway is a highly developed mixed economy with state-ownership in strategic areas. Although sensitive to global business cycles, the economy of Norway has shown robust growth since the start of the industrial era. The country has a very high standard of living compared with other European countries, and a strongly integrated welfare system. Norway's modern manufacturing and welfare system rely on a financial reserve produced by exploitation of natural resources, particularly North Sea oil. History Pre-industrial revolution Norway was the poorest of the three Scandinavian kingdoms (Denmark and Sweden) during the Viking Age. Prior to the industrial revolution, Norway's economy was largely based on agriculture, timber, and fishing. Norwegians typically lived under conditions of considerable scarcity, though famine was rare. Except for certain fertile areas in Hedemarken and Østfold, crops were limited to hardy grains, such as oats, rye, and barley; and livesto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North Sea Oil
North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea. In the petroleum industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic Frontier" or "the Atlantic Margin" that is not geographically part of the North Sea. Brent crude is still used today as a standard benchmark for pricing oil, although the contract now refers to a blend of oils from fields in the northern North Sea. From the 1960s to 2014 it was reported that 42 billion barrels of oil equivalent (BOE) had been extracted from the North Sea since when production began, and there is still a potential of 24 billion BOE left remaining there, which is equivalent to about 35 years worth of production, the North Sea will remain as an important petroleum reservoir for years to come. History 1851–1963 Commercial extraction of oil on the shores of the North Sea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Point Resources
Point or points may refer to: Places * Point, Lewis, a peninsula in the Outer Hebrides, Scotland * Point, Texas, a city in Rains County, Texas, United States * Point, the NE tip and a ferry terminal of Lismore, Inner Hebrides, Scotland * Points, West Virginia, an unincorporated community in the United States Business and finance *Point (loyalty program), a type of virtual currency in common use among mercantile loyalty programs, globally *Point (mortgage), a percentage sometimes referred to as a form of pre-paid interest used to reduce interest rates in a mortgage loan * Basis point, 1/100 of one percent, denoted ''bp'', ''bps'', and ''‱'' * Percentage points, used to measure a change in percentage absolutely * Pivot point (technical analysis), a price level of significance in analysis of a financial market that is used as a predictive indicator of market movement * "Points", the term for profit sharing in the American film industry, where creatives involved in making the fil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Repsol Norge AS
Repsol S.A. El Nuevo Herald, 2012-05-31Originally an initialism for ''Refinería de Petróleos de '' adding the word ''Sol'' (Sun) () is a Spanish multinational energy and petrochemical company based in . It is engaged in worldwide and |
Kårstø
Kårstø is an industrial facility located near the village of Susort, along the Boknafjorden, in the municipality of Tysvær in Rogaland county, Norway. The site features a number of natural gas processing plants that refine natural gas and condensate from the fields in the northern parts of the North Sea, including the Åsgard, Mikkel, and Sleipner gas fields. The Kårstø processing complex is Europe's biggest export port for natural gas liquids (NGL) and the third largest in the world. The industrial site is also the location for the now-closed Kårstø Power Station. Operation The first plant on the site opened on 25 July 1985 and it exported the first gas to Germany on October 15th of that year. Gas is transported from the North Sea via Statpipe and Åsgard Transport. Condensate is received from the Sleipner field and stabilised and fractionated in a separate plant that started operation in 1993. About of stabilised condensate are exported from Kårstø each year, by s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oseberg Transport System
Oseberg Transport System (OTS) ( no, Oseberg Transport System, OTS) is a pipeline system in western Norway. It is long and runs from Oseberg oil field, Oseberg, Veslefrikk, Brage oil field, Brage, Frøy and Lille-Frigg to Sture terminal, located north of Bergen, Norway. The operation of the pipeline was commenced in 1988. Total investment in the pipeline construction was about 9.8 billion Norwegian krone, NOK. Technical features The pipeline is placed in a tunnel close to the coast line. The tunnel is long and its opening is at depth of . The pipeline diameter is . The capacity of OTS is . Operating life is expected to be nearly 40 years Ownership The OTS is operated by Statoil and includes other licensees See also *Oseberg oil field *Grane oil field *Sture terminal *North Sea oil References {{Reflist External linksNorsk Hydro official site [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Repsol
Repsol S.A. El Nuevo Herald, 2012-05-31Originally an initialism for ''Refinería de Petróleos de '' adding the word ''Sol'' (Sun) () is a Spanish multinational energy and petrochemical company based in . It is engaged in worldwide and |
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