Loppa News

It was Canadian whalers, the Norwegians tell us, who first noticed that a dead whale does not bob in the waves. The carcass didn’t pitch or roll, either, and it was somehow “self-propelled” — its fins giving it forward motion and acting as stabilizers, or foils. The story still inspires Trondheim company Wavefoil, maker of scalable, retractable foils that offer ship owners and designers fuel savings and passenger comfort. In Norway, high-speed ferries, cruise ships and fishing vessels are the first customers for retrofits and newbuilds.

Norwegian Arctic discovery could be game changer; Lundin Petroleum shares rise 7 percent. Noreco, Det Norske shares also rise on news. Swedish oil firm Lundin Petroleum has made a big oil and gas discovery in the Norwegian Arctic, sending its shares more than 7 percent higher and raising hopes that more oil could be found in the remote region. Lundin Petroleum's find in the Alta prospect contains between 125 and 400 million barrels of oil equivalent, including 85 to 310 million barrels of oil, near Statoil's Snoehvit field and Lundin's own Gohta find, the firm said in a statement on Tuesday. The discovery raises hopes that more oil could be found in a region where only a handful of oil fields have been discovered after several decades, and none have started production.

WesternGeco announced today that it has begun acquisition of the Bjørnøya Phase I “Ice Bear” 3D multiclient survey in the highly prospective West Loppa area of the Barents Sea. Following previous surveys in the area, the Ice Bear survey will extend the existing WesternGeco West Loppa datasets to the North and West. Building on previous 2D datasets, the Ice Bear survey will consist of approximately 2500 sq km of 3D seismic data, acquired using 10 X 7 km streamers. Advanced acquisition techniques coupled with demultiple processing using the WesternGeco 3D GSMP* General Surface Multiple Prediction technology will provide high-quality 3D data.