10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Faroe Petroleum Reports Increased 1H Net Cash

    26 September 2013
    Business & Finance

    Faroe Petroleum, the independent oil and gas group focused on oil and gas exploration and production in the Atlantic margin, Norway and the North Sea, announces its unaudited Interim Results for the six months ended 30 June 2013. The Compan reports Revenue at £89.0million (1H2012: £90.6million) and EBITDAX at £56.9million (1H2012: £62.8million). Profit after tax was £12.2 million (1H 2012: […]

  • Det norske Acquires Marathon Oil Norge for $2.7 Bln

    2 June 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Marathon Oil Corporation has entered into a definitive agreement with Det norske oljeselskap ASA under which Det norske will purchase Marathon Oil’s wholly owned subsidiary, Marathon Oil Norge AS, for a total transaction value of $2.7 billion. After adjustment for debt, net working capital and interest on the net purchase price, Marathon Oil expects net […]

  • Lime Petroleum farms into two Aker BP’s North Sea licenses

    11 August 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Lime Petroleum, a subsidiary of Rex International, has signed an agreement with Aker BP to acquire 20 per cent interests in the PL867 and PL867B licenses in the North Sea.

  • Norwegians to develop next-gen turbine installation vessel

    31 August 2020
    Business & Finance, Vessels

    Ocean Installer and Vard are entering into a partnership to develop a vessel for the installation of future offshore wind turbines. The vessel will be able to install giant offshore wind turbines weighing more than 1,000 tones at a height of over 150 meters above sea level, the parties said. “We will jointly be developing […]

  • Dolphin mobilizes ‘Sanco Sword’ sesimic vessel in Barents Sea

    28 March 2014
    Business & Finance

    Dolphin Geophysical’s newest high capacity 3D seismic vessel, the Sanco Sword has been mobilised to begin acquisition of 2 new and highly prefunded Multi- Client 3D projects in the Barents Sea. The Gohta North and Maud Basin South 3D surveys, totalling almost 6,200km2, will be acquired using the SHarp Broadband acquisition and processing techniques, which […]

  • Statoil wraps up Tarvos well in North Sea. Songa Trym rig stacked

    20 November 2015
    Exploration & Production

    Statoil Petroleum AS, operator of production licence 120, has completed drilling of exploration well 34/8-16 S, named Tarvos, offshore Norway.  The well was drilled on the east flank of the Visund field in the northern part of the North Sea, and about 140 km northwest of Bergen. The well was drilled by the Songa Trym […]

  • Danes lift sailing restrictions near Nord Stream leaks

    25 April 2023
    Environment, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety, Vessels

    Denmark has lifted the restrictions on sailing around the leakage points of the Nord Stream pipelines in the Baltic Sea, stating the area was no longer dangerous. The Danish Energy Agency issued a recommendation that the no-sailing zones around the leakage points on Nord Stream 1 and 2 be lifted, as the resulting gas clouds […]

  • Top News of The Week May 20 – 25, 2013

    26 May 2013

    Top news of the week.

  • MT Højgaard to Set Up Foundation for Fécamp OWF Project

    8 May 2014
    Business & Finance, Equipment, Operations & Maintenance

    As part of a development project related to the future offshore wind farm ”Parc éolien en mer de Fécamp” in France, MT Højgaard is to install a deep water concrete foundation. The newly developed prototype foundation is based on proven technologies known from the oil and gas, tunnel and bridge industry and in combination with […]

  • Italian contractor picks up work on North Sea gas platform

    9 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Rosetti Marino has tucked a multimillion-euro FEED assignment under its belt for a gas production platform in the North Sea.

  • E.ON and Statoil to Jointly Build 385MW Arkona Offshore Wind Farm

    25 April 2016
    Business & Finance

    Germany’s E.ON and Norwegian energy company Statoil have teamed up on a EUR 1.2 billion project to build the 385MW Arkona offshore wind farm in the German waters of the Baltic Sea. Statoil will have a 50-percent stake and will be involved in the project from the start. E.ON, the holder of the remaining 50% stake, will have […]

  • Offshore wind developers answer Scotland’s call for innovation, oil and gas decarbonisation

    13 December 2022
    Environment, Technology

    Crown Estate Scotland has received a total of 19 applications for its Innovation and Targeted Oil and Gas (INTOG) offshore wind leasing process.   This level of interest from industry demonstrates significant support for this exciting new opportunity, the Scottish seabed manager said.   INTOG aims to help decarbonise the North Sea oil and gas […]

  • Vår Energi taking Jotun FPSO ashore to kick off Balder Future project

    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.

  • Vard to build hybrid LNG cruise vessel for Ponant

    19 December 2017
    Project & Tenders, Vessels

    A Fincantiery unit, Vard, has signed a contract to design and construct a luxury polar expedition cruise vessel with dual-fuel LNG/battery propulsion for the French cruise company Ponant. 

  • Bellona: Statoil should be fined for oil spill

    9 October 2015

    Bellona, an environmental organization, is considering taking legal action against the Norwegian oil giant Statoil over an offshore oil spill. Statoil on Thursday said an oil spill was detected near its Statfjord A platform in the North Sea. The company’s preliminary assessments indicated that 40 cubic meters of oil were spilled into the sea. Reacting […]

  • Lundin Spins Drill Bit at Johan Sverdrup Appraisal Well (Norway)

    6 May 2013

    Lundin Petroleum AB has announced that drilling of appraisal well 16/2-21, in PL501, on the Johan Sverdrup discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS), has started. The well is located in the central part of the discovery, which Lundin Petroleum has previously referred to as the “B” location, with […]

  • Noreco: Technical Problems Keep Several Fields Shut Down

    6 August 2013

    Norwegian oil company Noreco is struggling with its producing oil and gas fields. In its production report for July the company said it has produced 3873 barrels of oil equivalent per day. The company revealed it has been experiencing technical problems at several fields. Technical issues related to one of two gas compressor trains at the […]

  • Cavotec to Provide Steel Drag Chains for Gullfaks B

    5 August 2013
    Business & Finance, Equipment

    Global engineering group Cavotec has won its largest single order in the oil and gas segment in its history. The Group is to supply, install, test and commission stainless steel drag chains as part of an extensive upgrade of a Statoil oil platform in the North Sea. “This installation is a major achievement for the Group. Cavotec’s technical […]

  • ConocoPhillips gets consent to begin Ekofisk platform removals

    17 August 2017

    Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given ConocoPhillips consent to prepare and begin the removal of minor structures from the Ekofisk field in the North Sea. The PSA said on Thursday that the consent also includes the installation of a temporary crane on Ekofisk 2/4 field terminal platform (FTP). The safety […]

  • ONS 2012: Statoil Receives PSA Award

    31 August 2012

    The marine operations department at Statoil in Sandsli outside Bergen has been presented with the PSA Award for 2012 by the Petroleum Safety Authority Norway. Established in 1997, Statoil marine monitors all vessel traffic in the areas of the Norwegian continental shelf (NCS) where the company has operations. It has made an important contribution over […]

  • Dong to abandon Oselvar field

    22 February 2016

    Dong Energy has reportedly decided to shut down production from the Oselvar field offshore Norway 14 years earlier than planned due to reservoir issues.  The Oselvar oil and gas field is located in the southern part of the Norwegian sector of the North Sea and it was put in production in April 2012. The field is located […]

  • Singapore: Keppel, Floatel Ink $ 315 Mln Contract for Fourth Accommodation Semi

    21 August 2012

    Keppel FELS Limited (Keppel FELS) and Floatel International Ltd (Floatel) have finalised a contract for Keppel FELS to build a new generation harsh environment accommodation semisubmersible (semi) worth US$315 million. This follows the Letter of Intent announced by Keppel and Floatel earlier in March this year. This will be Floatel’s fourth accommodation semi with Keppel […]

  • Solstad PSV hits ‘incredible’ emission reduction and fuel saving milestone

    10 January 2023
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Vessels

    Solstad Offshore’s platform supply vessel (PSV) Normand Leader has saved 29 per cent of emissions and fuel consumption compared to a normal transit and only minor vessel speed alternations. Solstad said it had worked with partner VPS Decarbonization over the last weeks to use data analytics to save as much fuel and emissions as possible […]

  • Equinor to supply gas to Ørsted via Baltic Pipe

    27 October 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Danish Ørsted, said to be the world’s leading offshore wind developer, and Norway’s energy giant Equinor have entered into an agreement under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe from 1 January 2023 to 1 April 2024. The total volumes of gas supplied during the period will be approximately 8 TWh, […]

  • Italy: Saipem Wins New E&C Offshore Contracts Worth USD 1 Billion

    13 June 2011
    Business & Finance

      Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company awarded Saipem the EPIC contract for new subsea developments in the area of the West Delta Deep Marine Concession, located about 90 kilometres offshore the Northwest […]