Statoil expands in offshore UK

Norwegian energy provider Statoil has been awarded shares in seven exploration licences on the United Kingdom continental shelf (UKCS).

The company is operator for two of these, and expects this number to increase when the blocks pending environmental assessment are awarded.

The licences which were awarded by the UK authorities are part of the UK 27th Offshore Oil and Gas Licensing Round, and comprise a total of 19 blocks west of Shetland and in the North Sea.

“The awards are in line with Statoil’s exploration strategy of expanding our core positions. The recent exploration success at the Norwegian continental shelf (NCS) has made us recognise that there is still significant potential in the mature North Sea Basin. With these new licenses we are building acreage position in proven hydrocarbon provinces,” says Nick Maden, senior vice president in Exploration international in Statoil.

The bids, which were submitted in May this year, are the most extensive ever made in Statoil’s history on the UKCS. In the UK North Sea, the most prolific award is for three blocks in the Catcher area on the Western Platform, where Statoil and Nexen on behalf of a group of five partners will be responsible for drilling at least three exploration wells in the coming years.

In the Faroe-Shetland Basin, several interesting licences have been awarded and an extensive programme of seismic acquisition and processing will take place in search of drilling candidates in this relatively underexplored high- potential region. 

Statoil has a significant exploration portfolio off the Faroe Islands, but has so far only had a modest presence on the UK shelf with a few production licenses -most notably those associated with the Mariner and Bressay development projects.

Associated companies:


Related news

Latest news

New contract: Windcat 41 - no 17 in the Servogear series

Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP)  for their new vessel Windcat 41. 

Seacat Enterprise to be launched January 12th

Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.

Norsafe Signs Contract with the Swedish Coast Guard (KBV)

On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.

A Unique Second-generation Tomograph is Developed

A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.

Sohome launches a new website

Sohome has launched a new website that makes it easier to find key information. 

Sohome AS receives orders for Johan Sverdrup Project

Sohome AS is proud to be a sub-contractor to Intelecom AS for the Johan Sverdrup Project. 

New 55'' Ultra High Definition Chart and Planning table passes Type Approval testing

Most advanced maritime display system ever produced, the 55'' Ultra High Definition Chart & Planning table, enables Integrated Bridge System manufacturers to develop new multi-data solutions.

Norsafe's experience in the Polar Code Pays Off

In readiness for the introduction of the Polar code, Norsafe has become the first LSA supplier to have executed full scale tests and trials 

Øglænd System Group winner of Business of the Year Award

Øglænd System Group won the Business of the Year Award in the Stavanger-region 2016.