Statoil Becomes Operator of Block 6 Offshore Greenland

Statoil Becomes Operator of Block 6 Offshore Greenland

Statoil, along with partners ConocoPhillips and Nunaoil, has been awarded block 6 in the East Greenland licence round. Statoil will be operator of the block.

Block 6 is located offshore north-east Greenland in a frontier area. Statoil will hold 52.5%, ConocoPhillips will have 35% and Nunaoil will have 12.5%.

“We have been present in Greenland since the late 1980s and are constantly building experience and knowledge. We are taking a stepwise approach to the Arctic, building on more than 30 years of experience from the harsh environment of the Norwegian continental shelf and other Arctic and sub-Arctic regions. Adding this licence to our portfolio is part of our long-term Arctic positioning and development of new technology is a pre-requisite for any future operations in this licence,” says Runi M. Hansen, Statoil country manager for Greenland and the Faroes.

The licence has a 16-year exploration period. The first work carried out is seismic acquisition, after which decisions on further work will be made. Statoil has carried out both shallow core drilling and scientific work in the area previously to understand the operating environment.

“We recognise that this is a challenging area, but it is also potentially prospective. And we believe that Arctic resources in the future will become important to meeting the world’s energy demand. Being in a frontier area, this licence is a long-term project for Statoil and the company will follow its stepwise approach, not going faster than technology allows,” says Hansen.

This is not the first time Statoil has carried out activities in Greenland. In the 1990s, Statoil drilled an exploration well in the Fylla area west of Greenland – but the company relinquished this exploration license in 2002. Statoil is also partner in three licences – Anu, Napu and Pitu – in the Baffin Bay west of Greenland.

Statoil already holds offshore positions in Arctic conditions in Norway, Russia, the US and Canada.

Press Release, December 23, 2013

 

 

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2015 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

POWER-GEN Asia

POWER-GEN Asia has, over its 23 year history, become the leading force in delivering a platform for the power industry to meet, share…

read more >

Oil and Gas Training

EI Oil and Gas Training offers a comprehensive programme of courses for the oil and gas industry, both as classroom training ranging…

read more >

Tanzania Oil & Gas Expo 2015

This event will be the hub for key players in the Oil and Gas industry, attracting leading oil, gas and petroleum companies from around the world…

read more >

2nd Annual MEXICO UPSTREAM SUMMIT

Mexico Upstream Summit is official strategic meeting and don’t miss this exciting opportunity to meet and discuss first hand those key issues…

read more >

Jobs>

Electrician

For one of our clients we are looking for a Ships Electrician. Our client is a company with worldwide activities. You will work in a rotation of 4 till 6 weeks on and off.

apply

QC Coordinator Offshore

Do you attach great importance to quality and do you have an affinity with offshore projects? Then read about what Van Oord can offer you.

apply

Assistant Driller

Maersk Drilling Norge AS was established in 1990 and employs a staff of approximately 1000 people.

apply