10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Island Drilling’s rig gets started on its next gig

    18 July 2022
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Island Drilling has completed its work with Dana Petroleum on the UKCS and moved to its next assignment in the UK North Sea.

  • Wintershall reduces 2016 capex

    7 April 2016

    German exploration and production player Wintershall will lower its capital expenditure in 2016. In a statement on Thursday, the company said the planned capex for 2016 would be $1 billion, down from $1.4 billion spent in 2015. “Volatility at low prices will continue in 2016. We cannot compensate for low oil and gas prices despite […]

  • Caterpillar to Power Østensjø Rederi Newbuild Vessel (Norway)

    3 December 2013
    Business & Finance

    Caterpillar Marine announced MaK™ engines have been selected to power an Østensjø Rederi newbuild set for delivery in spring 2016, to be constructed by Kleven Shipyard in Norway. The newbuild, a large offshore construction vessel, is being specifically designed and built for the Greater North Sea conditions. The propulsion system is comprised of two MaK […]

  • Caterpillar MaK Engines for Østensjø Rederi New OCV

    3 December 2013

    Caterpillar Marine’s MaK™ engines have been selected to power an Østensjø Rederi newbuild set for delivery in spring 2016, to be constructed by Kleven Shipyard in Norway. The newbuild, a large offshore construction vessel, is being specifically designed and built for the Greater North Sea conditions. The propulsion system is comprised of two MaK 8 […]

  • Norway greenlights boost in output from several fields to meet energy demand  

    5 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    Norway’s government has devised a plan to ramp up output at several fields to maintain high gas exports to Europe and meet the growing demand.

  • Reef Subsea Rebrands Its Companies in Norway

    24 August 2012
    Business & Finance

    Reef Subsea announced that it is set to fully rebrand and align its companies in Norway – namely Technocean and Scanmudring-Rotech Subsea – to position itself as a dynamic and integrated contractor in the subsea market. Coupled with an extension of its geographical footprint, the Group is well positioned to serve its clients with specialised […]

  • Statoil Presents Oseberg Vestflanken 2 Plan

    18 December 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Statoil and its partners submitted the plan for development and operation (PDO) of the North Sea Oseberg Vestflanken 2 to the authorities on Friday.  Statoil and its licence partners have decided to develop the Oseberg Vestflanken 2 covering the Alpha, Gamma and Kappa oil and gas structures. They are located around eight kilometres northwest of […]

  • Holland Shipyards Group delivers 1st new hybrid ferry to Germany’s SFK

    20 July 2020
    Environment, Infrastructure, Transition, Vessels

    On 14 July, ship designer and builder Holland Shipyards Group handed over a newbuild hybrid ferry named Gaarden to Schlepp- und Fährgesellschaft Kiel (SFK) in Germany.

  • Equinor to Recover More from Gullfaks

    16 January 2019
    Business & Finance, Operations & Maintenance, Research & Development

    The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 million barrels. On behalf of the licence partners, Equinor’s executive vice president for Development and Production Norway, Arne Sigve Nylund, presented an amended plan for development and operation (PDO) to the minister of petroleum and energy, Kjell-Børge Freiberg, […]

  • Grieg Edge’s green ammonia tanker design gets DNV’s approval

    5 April 2022
    Business Developments & Projects, Regulation & Policy, Vessels

    Classification society DNV has issued an Approval in Principle (AiP) for the design of a green ammonia tanker that also runs on green ammonia developed by LMG Marin, Wärtsilä and Grieg Edge.

  • Awilco swings to loss in third quarter

    13 November 2018
    Business & Finance, Exploration & Production

    Awilco Drilling expects higher rig utilization levels in the next two years. 

  • Petronas breaks off helicopter deal with MHS

    19 June 2017

    Malaysian oil company Petronas has terminated a contract for the provision of transportation of personnel to offshore facilities with the helicopter services provider, MHS Aviation.  MHS Aviation, a 51% subsidiary of Boustead Holdings, had received a letter dated June 9, 2017, from Petronas Carigali giving it a 90 days’ notice of Petronas’ intention to terminate without cause contract […]

  • Siem Offshore promotes head of chartering to CEO role

    15 May 2017
    Business & Finance

    International offshore vessel owner Siem Offshore has named its head of chartering as the new chief executive. Siem said on Monday that its CEO Idar Hillersøy tendered his resignation as the chief executive officer of Siem Offshore Inc. for personal reasons. Hillersøy was appointed CEO of Siem Offshore Inc. in August 2015. His offshore supply vessel management […]

  • Shell taps Aker Solutions for brownfield services job in Brunei

    30 March 2020
    Business & Finance

    Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Shell in Brunei.

  • Farstad Shipping turns to fishing market

    2 December 2016
    Business & Finance

    Looking at ways to weather the storm caused by the low oil price, the Norwegian offshore vessel supplier Farstad Shipping has turned to a new market amid depressed offshore vessel chartering.  The company, working on its debt restructuring for months now, said on Friday that Ocean Farming, a subsidiary of the SalMar Group, has awarded Farstad Offshore, […]

  • Norway: Lundin Pleased with Avaldsnes’ Sidetrack Results

    18 July 2011
    Business & Finance, Project & Tenders

    Lundin Norway AS (Lundin Norway) a wholly owned subsidiary of Lundin Petroleum AB (Lundin Petroleum) has completed the sidetrack well 16/3-4A of the first appraisal well 16/3-4 on the Avaldsnes discovery in PL501 on the Norwegian Continental Shelf (NCS). A comprehensive data acquisition and sampling program has been acquired from the sidetrack well. The objective […]

  • Apache to Use AGR’s RMR on Its Coniston Development, Western Australia

    25 September 2012
    Business & Finance, Equipment

    Apache Energy Ltd has signed up to use AGR’s Riserless Mud Recovery (RMR®) system. Apache will use the RMR® solution for the first time during batch drilling of six top holes on its Coniston Development, offshore Western Australia, pending receipt of all necessary Government and other approvals for the project, which are anticipated later this […]

  • Statoil Brings Vigdis North-East Field On Stream

    11 March 2013
    Business & Finance

    Statoil and its partners have started production from the Vigdis North-East oil field located in the Norwegian Part of North Sea. “The project adds new and valuable volumes for Statoil and its partners, and we have managed to meet the ambitious schedule and cost frames for this type of fast-track developments,” says Edvin B Ytredal, […]

  • Lundin Petroleum: Johan Sverdrup Appraisal Successful (Norway)

    3 May 2012
    Business & Finance

    Swedish oil and gas exploration an production company, Lundin Petroleum today says the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and Middle Jurassic reservoir. The well was drilled some 3.3 km southwest of the discovery well 16/2-6 and 760 metres north east of the 16/2-11 appraisal well. The Johan […]

  • Siem Offshore contracts Wärtsilä for design of new PSVs

    17 February 2014
    Business & Finance

     Siem Offshore has  contracted Wärtsilä to supply the design and integrated solutions for four new platform supply vessels. The ships will be built at the Remontowa Shipbuilding yard in Poland. The contract was signed in January 2014. The four new vessels, like the two currently under construction, will utilise the Wärtsilä VS 4411 DF ship […]

  • Wilh. Wilhelmsen Spins Off Den Norske Amerikalinje

    11 February 2016
    Business & Finance

    Norwegian rolling cargo shipping specialist Wilh. Wilhelmsen Holding (WWH) has opted for restructuring the company as it separates Den Norske Amerikalinje AS, which owns a 12% shareholding in Hyundai Glovis, from Wilh. Wilhelmsen ASA (WWASA). The demerged company, to be named Treasure ASA, will be separately listed. According to the group CEO of WWH, Thomas Wilhelmsen, the proposed demerger should improve transparency […]

  • Norway: STX OSV Bags USD 34 Million Construction Contract for One Forage Carrier

    23 December 2011

    STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract for the construction of a Forage Carrier for Eidsvaag AS. The contract value is approximately NOK 200 million. The LNG powered vessel will be purpose-built for the bulk transport and delivery of fish […]

  • Otto Marine Enters Sale and Charter Agreements for Two AHTS Vessels

    29 July 2013
    Business & Finance

    Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announced that it  has entered into a sale and leaseback deal with a renowned unrelated third party for 2 units of the large Anchor Handling Tug Supply Vessels for US$85 million each. The […]

  • Cathelco ICCP Systems Safeguard Offshore Structures and Vessels

    19 February 2013

    One of the largest offshore accommodation units in the world will be installed with a Cathelco impressed current cathodic protection system to protect its underwater surfaces against corrosion. The Prosafe GVA3000E, currently under construction at the Jurong Shipyard in Singapore, will eventually be positioned on the North Sea Norwegian continental shelf where it will provide […]

  • Fishermen Continue Fight Against New York Offshore Wind Farm

    21 September 2017
    Authorities & Government, Business & Finance

    A group of fishing organizations, businesses, and communities, led by the Fisheries Survival Fund (FSF), has moved forward with its lawsuit to halt the leasing of a planned wind farm off the coast of New York.