10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • NPD: Norway’s recoverable oil resources drop

    3 March 2015

    The Norwegian Petroleum Directorate has issued its resource accounts for the Norwegian continental shelf as of December 31, 2014. The NPD’s resource accounts estimate the total recoverable petroleum resources to be 14.1 billion standard cubic meters (Sm3) of oil equivalents (o.e.). This represents a slight decline from 2013. 6.4 billion Sm3, or 45 per cent of […]

  • UK: Rolls-Royce Secures Environship Order

    1 March 2012

    Rolls-Royce, the global power systems company, has won a second order for a vessel from its award winning Environship range. This gas powered ship will be used to supply feed to fish farms along the Norwegian coast. The vessel has been ordered by Norwegian company Eidsvaag AS and will operate a demanding schedule to ensure […]

  • Reach Subsea ‘very optimistic for years ahead’ as it reports record 2023 numbers

    14 February 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders

    Reach Subsea has reported record-high numbers for the fourth quarter of 2023 and the whole year, with all parameters driven by growth, improved pricing, and strong project execution. Reach Subsea’s revenue for Q4 2023 grew by 45% to NOK 474 million ($44.5 million), whereas EBIT grew by 130% to NOK 79.5 million ($7.4 million). Revenue […]

  • Copenhagen Infrastructure Partners and Uniper forge hydrogen ties

    3 May 2024
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy

    Copenhagen Infrastructure Partners (CIP) has signed an MoU with Uniper to strengthen collaboration on bringing green hydrogen from CIP’s HØST PtX Esbjerg project to Germany.

  • Safety audit reveals irregularities on Statoil’s Gullfaks C

    19 February 2018

    The Petroleum Safety Authority has found three non-conformities and four improvement points during an audit of Gullfaks C.

  • Norway: Mature Offshore Fields Call for Quick Action, Petoro Says

    28 October 2011
    Business & Finance

    A strong cash flow to the government and strong additions to oil and gas reserves are highlights of Petoro’s accounts for the State’s Direct Financial Interest (SDFI) for the third quarter of 2011. Net cash flow in the first nine months was NOK 97.3 billion, up 18.8 bn from the same period last year. The […]

  • Singapore: Keppel Wins US$180 mil KFELS B Class Jackup Rig Contract from Standard Drilling

    25 November 2010
    Business & Finance

    Keppel FELS Limited (Keppel FELS) has secured an order for a KFELS B Class jackup rig worth US$180 million from Standard Drilling Ltd (Standard Drilling), a subsidiary of Norwegian investment company, Ferncliff TIH AS Group (Ferncliff). As part of the agreement, Standard Drilling has been given options to build another two similar jackup units. If […]

  • NAVTOR Gets Global ENC Coverage (Norway)

    29 August 2012
    Business & Finance

    NAVTOR today announced that it has signed a distribution agreement with the UKHO (United Kingdom Hydrographic Office) for the supply of the Admiralty Vector Chart Service for the global professional maritime market. NAVTOR will also offer the total package of Admiralty Digital Publications as a part of the agreement. “NAVTOR employees have extensive experience in […]

  • Aker Solutions awarded 5-year Johan Sverdrup work

    21 January 2015
    Business & Finance, Equipment

    Aker Solutions will provide engineering, procurement and management assistance (EPMA) services for five years at the Statoil-operated Johan Sverdrup development in the Norwegian North Sea. The EPMA work, valued at NOK 4.5 billion ($586.7 million), is part of a 10-year framework accord announced in December 2013 and comes after Statoil decided to exercise an option. […]

  • Equinor-chartered newbuild tanker duo to run cleaner with The Switch solutions

    17 June 2025
    Business Developments & Projects, Equipment, Technology, Vessels

    Finnish power electronics specialist The Switch, part of Japan’s BEMAC Corporation, is to supply two large DC power distribution systems and two propulsion packages for an oil/chemical tanker newbuild duo under construction in China. As disclosed, the vessels in question are a pair of 6,500 dwt stainless steel tankers that Zhoushan Dashenzhou Shipbuilding is constructing […]

  • Maersk jack-up rig drills Norway’s deepest ever well

    25 August 2016
    Equipment

    Danish offshore driller Maersk Drilling has made history by drilling the deepest ever well on the Norwegian Continental Shelf. The company on Thursday said that using the jack-up rig Maersk Gallant had beaten the record by reaching a total depth of 5.491 meters while drilling the ultra high-pressure, high-temperature Solaris well for Total E&P. “We […]

  • Solstad CSV to work for McDermott on Ichthys field

    13 January 2017
    Business & Finance

    Norwegian shipping company Solstad Offshore has been awarded a subcontract with McDermott for work on the Ichthys gas field, off Western Australia.  Solstad said on Friday that the contract is for the provision of light construction vessel services associated with Ichthys gas field development project, for the construction support vessel (CSV) Normand Reach. The vessel will […]

  • Neptune Energy names new CFO

    22 October 2018
    Business & Finance

    Offshore exploration and production company Neptune Energy has named Armand Lumens as Chief Financial Officer with effect from December 1, 2018.

  • Safety body finds irregularities during ‘Safe Scandinavia’ audit

    5 June 2018

    The PSA has found non-conformities and improvement points during an audit of Prosafe’s semi-submersible vessel Safe Scandinavia.

  • Prosafe expects Westcon dispute ruling in March

    23 January 2018
    Exploration & Production

    Prosafe expects to see an end of its dispute with Westcon in March.

  • GMS teams up with Dwellop for cantilever solutions

    19 January 2016
    Equipment

    Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs), has entered into a partnership with Norwegian-based Dwellop for well intervention and workover operations, in order to capture new markets in the sector. The partnership brings together GMS’ experience in SESV construction and operation and Dwellop’s expertise in topside systems for well intervention […]

  • Record $5.4 bln exploration bonanza set for 2009

    12 September 2008

    A record 31.4 billion crowns (US $5.4 billion) will be spent on oil and gas exploration on the Norwegian Continental Shelf in 2009, according to Statistics Norway. That compares with the 25.1 billion crowns expected to be spent on oil and gas exploration in 2008 – and reflects the race by international energy groups to […]

  • Norway: Offshore Operators Study Electrification of Utsira High

    6 March 2012
    Business & Finance, Operations & Maintenance

    The operators and licence holders for the Johan Sverdrup, Dagny, Draupne and Luno fields in the North Sea will study setting up a hub for the supply of electrical power from land. The study will form the basis for a decision on electrification. The study, which has been initiated by the Ministry of Petroleum and […]

  • DNV approves Hydromea’s underwater inspection robot

    13 June 2023
    Business & Finance, Business Developments & Projects, Certification & Classification, Equipment, Innovation, Outlook & Strategy, Technology

    Scotland’s remote technology specialist Air Control Entech (ACE) has received the DNV class approval for Hydromea’s EXRAY underwater inspection robot for visual remote inspection technology (RIT). EXRAY, developed by Swiss underwater robotics company Hydromea, is an underwater inspection robot that is designed to overcome the challenges posed by inspecting submerged areas. With its compact size, […]

  • Petrobras picks Solstad vessel for accommodation services

    14 February 2022
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders, Vessels

    Amid the improving market conditions and increasing demand, Solstad Offshore has inked a new deal for one of its CSVs with Petrobras.

  • Bergen runs engine test on H2 blend for zero carbon emission

    2 February 2022
    Business Developments & Projects, Technology

    Bergen Engines has launched a comprehensive test program towards zero carbon emission engines, allowing a gradual transition from LNG to 100 per cent green hydrogen fuel.

  • Foster Wheeler Lands Contract for EGSP in Scotland

    21 December 2011

    Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management contract by BP Exploration Operating Company Limited for BP Exploration’s Enhanced Gas Separation Project (EGSP) in Scotland. The Foster Wheeler contract value for the project was not disclosed. Interim releases of […]

  • Forties Pipeline Sale ‘Bad for Scotland and UK’, Unite Says

    3 April 2017
    Equipment

    UK’s largest union, Unite, has called for the Scottish and Westminster parliaments to carry out urgent inquiries into the sale of the Forties Pipeline System (FPS) from BP to Ineos.  BP confirmed on Monday the sale of FPS assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities to Ineos for a […]

  • Reach Subsea Slumps to Loss

    29 May 2015
    Business & Finance, Operations & Maintenance

    Norwegian contractor, Reach Subsea, has plunged to a loss in the first quarter 2015 as its results were hit by weak market and low vessel utilisation. The Oslo-listed company booked a net loss of NOK 9.2 million ($1.2 million) for the period, compared to profit of NOK 3.8 million (approx. $0.5 million) in the first quarter 2014. This result was […]

  • Safety body spots irregularities during Martin Linge FSO audit

    7 August 2018

    The Petroleum Safety Authority has found irregularities during an audit of Equinor’s Martin Linge B.