DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xngkkj/offshore_drilling) has announced the addition of the "Offshore Drilling Industry in Europe to 2016 - Norway a Driving Force for the European Offshore Drilling Industry, Reserves and Development Projects" report to their offering.
Offshore Drilling Industry in Europe to 2016 - Norway a Driving Force for the European Offshore Drilling Industry, Reserves and Development Projects.
The economies of both Norway and the UK have benefited from successful explorations by Statoil. Statoil has submitted plans for four new major projects, with an estimated capital expenditure of $23 billion.
There have been considerable offshore developments in Norway in the recent past. In the North Sea, Statoil plans to produce 225 million barrels of oil equivalent (MMboe) of hydrocarbon from the Dagny oil and gas field. BP plc (BP) has commenced production from the Skarv oil and gas field, in the Norwegian Sea. The capital expenditure allocated for the project is about $7 billion.
According to the latest 2012 estimates from the Norwegian Petroleum Directorate (NPD), total recoverable petroleum resources amount to 13.6 billion cubic meters of oil equivalent, which is about 3.3% higher than the 2011 estimate. The increase was partly because of a rise in offshore reserves. The rise in offshore reserves was because of fresh discoveries, increased estimates of reserves, and an increase in the amount of undiscovered resources.
Key Topics Covered:
- Tables & Figures
- Introduction to the Offshore Drilling Industry
- Offshore Drilling Industry in Europe to 2016 - Key Trends and Challenges
- Offshore Drilling Activity in Europe to 2016 - Drilling and Well Forecasts to 2016,
- Profiles of Major Regional Contractors
- Key European Countries' Offshore Wells and Drilling Expenditure Statistics
- Archer Limited
- Ensco plc
- KCA Deutag
- Maersk Drilling
- Noble Corporation
- State Oil Company of Azerbaijan Republic
- Transocean Ltd
For more information visit http://www.researchandmarkets.com/research/xngkkj/offshore_drilling