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Oselvar Oil Field
Oselvar ( no, Oselvarfeltet) is a since April 2018 abandoned subsea oil field located southwest of Stavanger in the southern Norwegian section of the North Sea, close to the British border. Oselvar was discovered in 1991. The field is located at distance from the Ula field to which it was tied back. The original estimated reserves at Oselvar were 38 million barrels of oil and of natural gas. The water depth at location is . The Oselvar field installations shall be decommissioned by the end of 2022. Ownership DNO Norge AS is since 2019 the formal operator of the field with 55% of interest in the project. Production License 274 which covers the area of the field was given in 2002 to then operator DONG. As per 2020 the only other partner is CapeOmega AS (45%). The total development cost was NOK 4.7 billion. Production Oselvar was developed with three production wells. Produced oil and gas was transported to the Ula field platform for processing via the Oselvar module. ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the se ...
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First Gas From The Oselvar Module On The Ula Platform On April 14th, 2012
First or 1st is the ordinal form of the number one (#1). First or 1st may also refer to: *World record, specifically the first instance of a particular achievement Arts and media Music * 1$T, American rapper, singer-songwriter, DJ, and record producer Albums * ''1st'' (album), a 1983 album by Streets * ''1st'' (Rasmus EP), a 1995 EP by The Rasmus, frequently identified as a single * '' 1ST'', a 2021 album by SixTones * ''First'' (Baroness EP), an EP by Baroness * ''First'' (Ferlyn G EP), an EP by Ferlyn G * ''First'' (David Gates album), an album by David Gates * ''First'' (O'Bryan album), an album by O'Bryan * ''First'' (Raymond Lam album), an album by Raymond Lam * ''First'', an album by Denise Ho Songs * "First" (Cold War Kids song), a song by Cold War Kids * "First" (Lindsay Lohan song), a song by Lindsay Lohan * "First", a song by Everglow from ''Last Melody'' * "First", a song by Lauren Daigle * "First", a song by Niki & Gabi * "First", a song by Jonas Bro ...
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Oil Fields In Norway
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaio ...
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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 ...
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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 ...
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Ekofisk Oil Field
Ekofisk is an oil field in block 2/4 of the Norwegian sector of the North Sea about southwest of Stavanger. Discovered in 1969 by Phillips Petroleum Company, it remains one of the most important oil fields in the North Sea. This was the first discovery of oil after the drilling of over 200 exploration wells in the North Sea "triggered" by the Groningen gas field discovery. In 1971, Phillips started producing directly to tankers from four subsea wells. Oil production is planned to continue until at least 2050. The Greater Ekofisk Area consists of Cod, Ekofisk, West Ekofisk, Tor, Albuskjell, Eldfisk, Edda and Embla oil fields. The Ekofisk Center is a vast complex of platforms and structures creating a transportation hub also for surrounding fields such as Valhall, Hod, Gyda, Ula, Statfjord, Heimdal, Tommeliten and Gullfaks. The whole complex consists of 29 platforms. Produced oil is transported by the Norpipe oil pipeline to the Teesside Refinery in England. Natural g ...
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Teesside
Teesside () is a built-up area around the River Tees in the north of England, split between County Durham and North Yorkshire. The name was initially used as a county borough in the North Riding of Yorkshire. Historically a hub for heavy manufacturing, the number of people employed in this type of work declined from the 1960s onwards, with steel-making and chemical manufacturing (particularly through Imperial Chemical Industries) replaced to some extent by new science businesses and service sector roles. History 1968–1974: County borough Before the county of Cleveland was created, the area (including Stockton-on-Tees) existed as a part of the North Riding of Yorkshire, due to most land being south of the Tees. Teesside was created due to Stockton-on-Tees being linked heavily with Thornaby (which had amalgamated with South Stockton/Mandale to form the Borough of Thornaby), Middlesbrough and Redcar by industry. Compared to the modern Teesside conurbation, the area was sma ...
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Norpipe
Norpipe is a subsea oil and natural gas pipelines system in the North Sea. It supplies oil from the Norwegian Ekofisk and associated fields in the North Sea to the United Kingdom and natural gas to Germany. Oil pipeline The Norpipe oil pipeline starts at the Ekofisk 2/4-J facility. In addition to Ekofisk (Cod, Ekofisk, West Ekofisk, Tor, Albuskjell, Eldfisk, Edda, and Embla fields) the pipeline carries oil from Valhall, Hod, Gyda, Ula, Tambar, and Oselvar fields in Norwegian zone, and from several UK's oil fields, such as Fulmar and Judy, see table. A tie-in point for UK fields is located about from Ekofisk. It has a landfall at Teesside Refinery in England. The length of pipeline is and it has diameter of . The pipeline is owned by Norpipe Oil AS, a consortium which includes ConocoPhillips Skandinavia AS (35.05%), TotalFinaElf Exploration Norge AS (34.93%), Statoil (18.5%), Eni Norge AS (6.52%), and SDFI (5%). It is operated by ConocoPhillips Skandinavia AS. ...
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Ula Field Platform
Ula ( no, Ulafeltet) is an offshore oil field located in the southern Norwegian section of North Sea along with Gyda, Tambar and Tambar East fields making up the UGT area, usually attributed to DONG Energy's main areas of exploration and production activity. The Ula field was discovered in 1976 and came online in October 1986. It contains confirmed 69.98 million m3 of oil and 2.5 million of NGL. Ownership AkerBP is the operator of the field with 80% of interest in the project. AkerBP's partner DONG Energy holds 20% of interest. DONG Energy increased its initial share of 5% to 20% by acquiring Svenska Petroleum's complete share of 15% for US$130 million in 2008. Production Ula is located in approximately of water. The main reservoir stands at in the Upper Jurassic Ula Formation. The field has three conventional steel facilities with production, drilling, living quarters. It has 7 production and 2 water injection wells. Current production at Ula field is 10,0 ...
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Upstream (newspaper)
''Upstream'' is an independent oil and gas industry upstream sector weekly newspaper and a daily internet news site. The newspaper is owned by NHST Media Group. It is headquartered in Oslo, Norway. The newspaper covers the upstream sector of the global oil and gas industry with full-time staff correspondents in all the major centres of the industry. It is published every Friday. Upstream had full-time reporters based in its head office in Oslo, as well as bureaux and correspondents in London, Moscow, Accra, New Delhi, Singapore, Wellington, Rio de Janeiro and Houston. Its editor in chief is Erik Means. The newspaper was founded in 1996 to compete with well-established rivals including ''Oil & Gas Journal'', ''Petroleum Intelligence Weekly'', and ''Offshore Engineer''. It covers all aspects of the upstream industry, but focuses especially on news related to business, policy and the sector's key players as well as the commercial side of the industry. Coverage includes explorati ...
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North Sea
The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian Sea in the north. It is more than long and wide, covering . It hosts key north European shipping lanes and is a major fishery. The coast is a popular destination for recreation and tourism in bordering countries, and a rich source of energy resources, including wind and wave power. The North Sea has featured prominently in geopolitical and military affairs, particularly in Northern Europe, from the Middle Ages to the modern era. It was also important globally through the power northern Europeans projected worldwide during much of the Middle Ages and into the modern era. The North Sea was the centre of the Vikings' rise. The Hanseatic League, the Dutch Republic, and the British each sought to gain command of the North Sea and access t ...
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Norwegian Krone
The krone (, abbreviation: kr (also NKr for distinction); code: NOK), plural ''kroner'', is currency of the Kingdom of Norway (including Svalbard). Traditionally known as the Norwegian crown in English. It is nominally subdivided into 100 ''øre'', although the last coins denominated in øre were withdrawn in 2012. The krone was the thirteenth-most-traded currency in the world by value in April 2010, down three positions from 2007. The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn. Norwegians spent 14.1 billion NOK on border shopping in 2015 compared to 10.5 billion NOK spent in 2010. Border shopping is a fairly common practice amongst Norwegians, though it is seldom done on impulse. Money is spent mainly on food articles, alcohol, and tobacco, in that order, usually in bulk or large quantities. This is due to considerably ...
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