5463 results found for 'Goliat'

5463 results found for 'Goliat'
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  • Companies Show Great Interest in Barents Sea Licences, Norwegian Energy Minister Says

    15 April 2011
    Business & Finance

    The Norwegian Government has decided to award 24 production licenses in the 21st licensing round. The awards in the 21st licensing round include 12 production licenses in the Norwegian Sea and 12 production licenses in the Barents Sea. “The 21st licensing round will lay a foundation for further exploration of our least explored areas in […]

  • Delays in plug & abandonment work may put $5.5 billion on UK decom tab

    11 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

  • Eni books higher profit, eyes production growth in 2019

    24 April 2019
    Business & Finance

    Eni saw an increase in its first quarter 2019 net profit when compared to the last year’s performance. In 2019, Eni expects its production to grow fueled by ramp-up at new fields. 

  • Equinor and Vår Energi leave Barents Blue ammonia project as new partner joins

    1 February 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy

    Norwegian energy companies Equinor and Vår Energi are withdrawing from the Horisont Energi-operated Barents Blue project, also known as Europe’s first large-scale blue ammonia production facility. Equinor and Vår Energi decided to leave the project as the cooperation agreement expired on 31 January. The companies joined the Barents Blue collaboration project in 2021. The Barents […]

  • Aker Solutions Plans to Strengthen its Footprint in Northern Norway

    1 December 2011
    Business & Finance

    As the chase for oil and gas moves further north, the oil services industry follows. Today Aker Solutions, a Norwegian multinational provider of services related to engineering, construction, maintenance, modification and operation announces plans to establish a large engineering office in Tromsø as part of the company’s northern Norway strategy. Aker Solutions announces plans to establish […]

  • Norway: Reef Subsea’s Two New Vessels Complete Maiden Projects

    5 June 2012

    Reef Subsea’s Technocean company in Norway was awarded the maiden project for the recently delivered Reef Despina. The vessel concluded the operation offshore in Bergen, undertaking sea trials for Aker Solutions’ third ROV Tie-in System (RTS). Simulating the water depth at the Goliat field in the Barents Sea, where the RTS tool will be premiered […]

  • Statoil Announces Major Oil Discovery in Barents Sea, Offshore Norway

    1 April 2011
    Business & Finance

      Statoil, along with partners Eni Norway and Petoro, has made a significant oil discovery on the Skrugard prospect in the Barents Sea. The breakthrough discovery is one of the most important finds on the Norwegian continental shelf in the last decade. Statoil and its partners are in the process of concluding drilling operations on […]

  • Statoil Announces Major Oil Discovery in Barents Sea (Norway)

    1 April 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil, along with partners Eni Norway and Petoro, has made a significant oil discovery on the Skrugard prospect in the Barents Sea. The breakthrough discovery is one of the most important finds on the Norwegian continental shelf in the last decade. Statoil and its partners are in the process of concluding drilling operations on the […]

  • Eni records slight dip in net profit. Production rises

    27 April 2018

    Italian oil company Eni reported a slight drop in its first-quarter profit of 2018, compared to the 1Q

  • Norwegian firm moves to become sole owner of Avenir LNG

    6 March 2025
    Business & Finance, Business Developments & Projects

    After finalizing the acquisition of 95% of the shares of the UK-based midstream LNG & BioLNG company Avenir LNG, Stolt-Nielsen, a Norway-based company specializing in chemical and bulk liquid transportation and storage, has disclosed its intention to buy the latter’s remaining shares.

  • Longboat says Equinor gearing up for a spud as exploration activity in Norway picks up

    26 July 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor will start drilling a well off Norway in late August. This is the first of seven wells planned to be drilled by Longboat following three farm-in deals.

  • Norway: Statoil Boosts Development of Skrugard Field

    27 December 2011
    Business & Finance, Operations & Maintenance

    Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution for the Skrugard field in the Barents Sea. The solution […]

  • France: Technip Releases Second Quarter Results

    25 July 2013
    Business & Finance, Operations & Maintenance

    On July 23, 2013, Technip’s Board of Directors approved the second quarter and first half 2013 consolidated accounts. Thierry Pilenko, Chairman and CEO, commented: “Technip’s second quarter results enable us to maintain our 2013 full year revenue and profit objectives. In Subsea, progress and close-out on projects allowed revenue to grow by 12% with a […]

  • Light Structures Nabs Ichthys LNG Gig

    10 December 2013
    Equipment, Project & Tenders

    Light Structures has won the contract to provide the critically important Load & Fatigue Monitoring Solution for the USD $2.7 billion Ichthys LNG Central Processing Facility, currently under construction by Samsung Heavy Industries. Light Structures’ solution will help the Ichthys operating partners monitor and maintain the structural integrity of the enormous CPF, forming the cornerstone […]

  • WATCH: Massive newbuild FPSO embarking on sea trials before starting its Barents Sea gig

    3 June 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has disclosed the departure of its giant new floating production, storage, and offloading (FPSO) vessel from Aker Solutions’ Stord yard.

  • Equinor makes gas discovery in Barents Sea

    22 November 2018
    Exploration & Production

    Equinor has made a gas discovery northwest of Atlantis gas discovery located in the Barents Sea offshore Norway.

  • Johan Castberg FPSO still on track for first oil next year but cost estimate jumps to $7.4 billion

    19 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has revised the cost estimate for its Johan Castberg project in the Barents Sea due to the rise in cost within the industry.

  • Norway Expects Slight Increase in Oil, Gas Production in 2014

    15 January 2014

    A record number of fields are in operation on the Norwegian shelf. Discoveries in 2013 offset roughly half of what was produced in the same year, the Norwegian Petroleum Directorate said in a statement on Tuesday. An unprecedented number of wildcat wells were drilled, and the number of exploration wells recorded was the second highest […]

  • Norway: Floating Production Unit for Skrugard?

    27 December 2011
    Business & Finance

    Norway’s Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution for the Skrugard field in the Barents Sea. The […]

  • Norway, The Biggest Oil Producer in Western Europe

    5 August 2010

    In 2009, crude oil, natural gas, and pipeline transport services accounted for almost 50 percent of Norway’s exports value, 22 percent of GDP, and 27 percent of government revenues according to the Norwegian Petroleum Directorate. Although Norway’s oil production peaked in 2001 at 3.42 million barrels per day (bbl/d) and has declined to reach 2.35 […]

  • WATCH: ‘Mighty’ newbuild FPSO eating up the miles toward oil project to embark on its 30-year job

    26 August 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor is looking forward to the arrival of a new floating production, storage, and offloading (FPSO) vessel at its oil project in the Barents Sea, where the FPSO unit will start its three-decade assignment off the coast of Norway. 

  • Norway: Major Activity and New Field Developments in the Sleipner Area

    27 August 2010

    The Sleipner area in the North Sea is a good example of a mature area on the Norwegian shelf where the APA (Awards in Predefined Areas) system and the introduction of new companies have been a success. Several new field developments New fields will be developed in the Sleipner area in the years to come […]

  • Eni Plans 53.3 Billion Euro Investment in 2011- 2014 (Italy)

    11 March 2011

      Paolo Scaroni, CEO of Eni, Thursday presented the company’s 2011-2014 Strategic Plan. In the new plan, Eni confirms a high production growth, the consolidation of its leadership in the Italian and European gas markets, and an ambitious cost reduction program aimed at recovering profitability in R&M. Exploration & Production Eni confirms its strategy of […]

  • Norway reviewing safety in oil and gas operations

    30 November 2016

    The Norwegian government has set up a work group which will review its oil and gas industry’s safety situation. Despite being perceived as a country with one of the most stringest oil industry safety standards in the world, the government is calling for a review following several recent incidents offshore. “There have been several serious […]

  • Eni’s adjusted 4Q profit up 55pct. Full year O&G output at all-time-high

    15 February 2019
    Business & Finance

    Italian oil company Eni posted a 55 rise in adjusted net profit €1.46 billion in the fourth quarter of 2018, compared to adjusted net profit of 943 million in the corresponding quarter a year ago.