Search results for: Jotun FPSO

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A list of search results

  • 20 December 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Aker Solutions has been awarded a front end engineering and design (FEED) contract by Vår Energi for the lifetime extension of the Jotun FPSO towards 2045 as part of the redevelopment of the Balder and Ringhorne area in the North Sea. In total, about 20 billion NOK will be invested in the redevelopment of the area, which […]

  • 20 December 2018
    Business & Finance, Infrastructure, Project & Tenders

    Newly-formed Vår Energi is progressing the redevelopment of the Balder and Ringhorne area, and a FEED contract for the Jotun FPSO life extension has now been signed.

  • 15 June 2020
    Business developments & projects, Project & Tenders

    Oil and gas company Vår Energi is taking the Jotun FPSO ashore for upgrading to start the first stage of the life-extension process for the Balder Area in the North Sea.

  • 13 November 2018
    Infrastructure, Project & Tenders

    Point Resources expects to sanction its Balder X project located offshore Norway next year and deliver first production in 2021. 

  • 5 August 2008

    Det Norske Oljeselskap has completed a deal with Lundin to take a 70% stake in production licence 103B off Norway, giving it a 7% slice of the producing Jotun oil and gas field. Lundin agreed a deal in March to sell the 7% interest to Det norske oljeselskap for US $14m. The Jotun field started […]

  • 15 August 2019
    Business & Finance, Infrastructure

    Norwegian oil and gas company Vår Energi has awarded an Engineering, Procurement, Construction and Installation (EPCI) contract to Rosenberg Worley in Stavanger, Norway.

  • 16 August 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Vår Energi has awarded an EPCI (engineering, procurement, construction and installation) contract to Rosenberg Worley in Stavanger, Norway. The contract encompasses the lifetime extension of the Jotun floating production storage and offloading vessel (FPSO), enabling oil and gas production from the Balder field until 2045. A large proportion of the contract value is expected to […]

  • 9 February 2016

    ExxonMobil is reportedly planning to shut down production at the Jotun field offshore Norway by plugging 22 production wells, starting in April 2016.  The Jotun field is located in the North Sea, 200 km west of Stavanger. Water depth at the site is 126 metres. The field was developed with two installations, a wellhead platform Jotun B […]

  • 17 June 2020
    Operations & Maintenance, Project & Tenders

    Norwegian diving contractor SubseaPartner has secured a contract from Ocean Installer and Baker Hughes on Vår Energi’s Balder Future project. FPSO Jotun A needs to prepare for docking and overhaul at Rosenberg Worley. A subsea scope consists of removing the remaining risers and mooring chains. It will be performed by manned underwater operations while FPSO […]

  • 20 February 2020
    Infrastructure, Project & Tenders

    Mime Petroleum has issued a NOK 300 million ($32.2M) senior unsecured bond with maturity in February 2025 ahead of the Vår Energi-operated Balder Future project in the North Sea.

  • 1 August 2019

    Vår Energi has finalized the divestment of 10 percent ownership interests in six of its operated licenses across the Balder and Ringhorne fields in the North Sea to Mime Petroleum.

  • 1 April 2019

    Norwegian oil and gas company Vår Energi has agreed to sell a share in six offshore licenses across the Balder and Ringhorne fields in Norway to Mime Petroleum.

  • 31 October 2017

    Oil firm Point Resources has received consent from the Petroleum Safety Authority (PSA) for the use of facilities at Balder, Ringhorne, Ringhorne Øst, and Jotun fileds off Norway following a change of operator. The PSA said on Tuesday that it gave the current operator Point Resources consent to use the facilities it took over from […]

  • 2 July 2005

    Bluewater (Dyphavet) BV, a member of the Bluewater Group of Companies, and the Norwegian company Standard Marine Nordsjo AS, an affiliate of Exxon Mobil Corporation, have formed a partnership (PR Jotun DA), for the purchase of the FPSO Jotun A from its current owners being the participants in the Jotun field development: ExxonMobil Exploration and […]

  • 12 June 2015
    Exploration & Production

    ExxonMobil has received consent from the Petroleum Safety Authority (PSA) Norway to use Jotun A and Jotun B, in the North Sea, beyond the originally planned lifetime. Jotun is a oil field located around 25 kilometres north of Balder in the central North Sea. Water depth is 126 metres. The field has been developed using […]

  • 20 March 2014
    Business & Finance, Project & Tenders

    From 3 to 5 February 2014, the Petroleum Safety Authority Norway carried out an audit of ExxonMobil Exploration and Production AS at Jotun B platform. The objective of the audit was to verify that ExxonMobil’s management and follow-up of barriers complied with the company’s and the authorities’ requirements. Non-conformities were identified in connection with updating of […]

  • 12 February 2016

    Det norske, a Norwegian oil exploration and development company, has decided to decommission the Jette field, offshore Norway, after only three years of production.  The Jette field is located in the Norwegian sector of the North Sea. The production from the field started on May 19, 2013, and it was the first oil produced by Det norske […]

  • 17 October 2017
    Business & Finance

    Norwegian shipping company Simon Møkster Shipping will take one of its vessels out of layup as a result of a new contract with ExxonMobil offshore Norway.  The shipping company’s offshore supply vessel Stril Mermaid will be taken out of layup for a three-month firm contract, which also includes options, according to Simon Møkster’s statement on […]

  • 7 June 2018
    Infrastructure

    The PSA has found a number of irregularities during audits of Point Resources’ Jotun A and Balder facilities.

  • 18 December 2019
    Operations & Maintenance

    Vår Energi and license partner Mime Petroleum have submitted the revised plan for Development and Operations of Balder and Ringhorne, the Balder Future project, to the Norwegian Ministry of Petroleum and Energy. Vår Energi and Mime Petroleum plan to extend the Balder and Ringhorne production lifetime to 2045. The Balder Future project involves drilling thirteen […]

  • 17 December 2019
    Project & Tenders

    Balder Future represents a NOK 19,6 billion ($2,16 billion) investment, the operator said.

  • 27 September 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Vår Energi has awarded a contract covering engineering, procurement, construction and installation (EPCI) of subsea systems (SPS/SURF) for the Balder X project to a consortium of the companies Baker Hughes, a GE company (BHGE) and Ocean Installer. This award is a key milestone in the ongoing Balder X Project, which includes the redevelopment of the […]