10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Shell Sells Gassled Stake (Norway)

    1 September 2011

    A/S Norske Shell has entered into a binding agreement to sell its interests in natural gas transport infrastructure joint venture Gassled to Infragas Norge AS for NOK 3,925 million (USD 730 million at current exchange rate). Gassled is Norway’s integrated gas transportation system and processing facilities, which transports most of the gas production on the […]

  • Eidesvik Strikes Vessels Deal with Seabed Geosolution

    8 January 2018
    Business & Finance, Project & Tenders

    Norwegian vessel owner Eidesvik has signed a letter of intent with Seabed Geosolution, a Fugro – CGG joint venture, for the use of Subsea Viking and Vantage. According to the Oslo-listed Eidesvik, the contracts the two vessels should start ultimo January to primo February and the duration is expected to last for the remaining part […]

  • NPD Awards 11 Technology Frame Agreements

    19 May 2017
    Business & Finance, Research & Development

    The Norwegian Petroleum Directorate has signed framework agreements with eleven supplier firms representing various technology areas. The contractors will provide professional assistance within their specialty areas, and the NPD will utilise this expertise in its work to follow-up developments on the Norwegian shelf and on operational fields. The framework agreements include: Subsurface technology, reservoir geology and reservoir technology (AGR […]

  • Trapoil CEO: Prostar deal to deliver growth in offshore portfolio

    29 May 2014
    Business & Finance, Project & Tenders

    Trapoil, an independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has provided a corporate and operational update. Trapoil’s management is in the process of determining how best to create value from the group’s existing cash reserves and assets while minimising risk for shareholders. […]

  • Norway: Good Result and Exciting Prospects for Havyard

    19 March 2013
    Business & Finance

    Havyard Group achieved its best-ever financial year with record profits for 2012. EBITDA were NOK 247 million for 2012 compared to NOK 217 million in 2011. Profit before tax were NOK 234 million for 2012, giving a margin of 14.3 % based on a turnover of NOK 1.6 billion. CEO Geir Johan Bakke of Havyard […]

  • Norway: Good Result and Exciting Prospects for Havyard

    18 March 2013

    Havyard Group achieved its best-ever financial year with record profits for 2012. EBITDA were NOK 247 million for 2012 compared to NOK 217 million in 2011. Profit before tax were NOK 234 million for 2012, giving a margin of 14.3 % based on a turnover of NOK 1.6 billion. CEO Geir Johan Bakke of Havyard […]

  • GEOSHIPS Secures Two Contracts (UK)

    21 August 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    GEOSHIPS Group, a marine and subsea services provider, has announced two contract wins worth a combined value of £3 million for the company’s latest vessel. Following an open day on-board the Loch Roag for potential clients, the vessel secured work in the North Sea with two new customers for GEOSHIPS. The forecasted revenue for the […]

  • UK Sees Rise in Field Start-Ups in 2013. Drilling Numbers Drop

    28 January 2014

    The number of fields which began producing oil and gas in the UK hit its highest level for five years in 2013.

  • Eni and Vår Energi paying $4.9 billion for Neptune’s entire oil & gas portfolio, bar German business

    23 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.

  • Island Offshore Orders ULSTEIN-Designed Vessel (Norway)

    20 December 2012
    Business & Finance, Project & Tenders

    ULSTEIN has entered into a contract with Island Offshore and their American partner Edison Chouest Offshore for the delivery of a multifunctional offshore vessel based on ULSTEIN’s SX121 design, with an option for an additional vessel. The vessel is prepared and tailored for the well intervention, IMR and SURF segments, and meets the latest requirements […]

  • Namibia Sets Three-Year Ban on Seabed Mining

    20 December 2013
    Business & Finance, Research & Development

    A moratorium on the issuance of Environmental Impact Assessment (EIA) clearance certificates on bulk seabed mining for industrial minerals as well as base and rare metals in Namibian waters will be in place for a minimum of three years. Cabinet made this decision during its 13th ordinary meeting in September this year. A media statement […]

  • Aker Solutions on Track to Deliver First Johan Sverdrup Draft Report

    26 August 2014
    Business & Finance, Research & Development

    Aker Solutions has assembled one of its biggest engineering teams ever to deliver the initial plans for the engineering and design phase of the giant North Sea Johan Sverdrup oil deposit. The company is on track to deliver the first draft report due in the fourth quarter, a project that has involved 400 employees in […]

  • EMGS Extends ‘Boa Thalassa’ Charter

    29 November 2013
    Business & Finance

    BOA Thalassa vessel will remain with the Norwegian electro magnetic survey specialist EMGS for two more years.   EMGS ASA has today declared the second of the originally 3 x 12 months options as per Charter Party dated 13.10.2006. The seabed logging vessel, owned by Boa Offshore, is therefore on a firm contract up to 15th of December 2015, […]

  • Allseas to deliver ‘one of the heaviest offshore installation projects in history’

    26 December 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders

    Allseas has won a contract with Aker BP for the delivery of offshore transport and installation (T&I) services for a new processing platform topsides facility with well bay area and living quarters. Allseas will provide offshore T&I services for the Hugin A PdQ, formerly NOA PdQ, processing platform topsides facility in the Yggdrasil, previously known […]

  • Norway: Oil output drops by 11 pct YOY over field shutdowns

    18 October 2016

    September oil production in Norway dropped 11 percent compared to the same period last year due to maintenance activities on several fields and temporary production halt on Eni’s Goliat field, the Norwegian Petroleum Directorate (NPD) reported on Tuesday.  According to the agency, preliminary production figures for September 2016 show an average daily production of 1 […]

  • Statoil Makes Significant Gullfaks Find (Norway)

    19 April 2013

    Statoil  and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence, offshore Norway. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different properties compared to the deposits of the Brent Group where the Gullfaks main reservoirs are located. Indications of hydrocarbons in […]

  • Solstad hands over another vessel to undisclosed buyer

    16 November 2021
    Business & Finance, Business Developments & Projects, Vessels

    Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, whose identity was not revealed.

  • Icelandic maritime start-up secures fresh funding

    3 May 2021
    Business & Finance, Business Developments & Projects, Innovation, Technology

    Icelandic maritime start-up Hefring ehf. has successfully closed a financing round led by the New Business Venture Fund with the participation of Innoport and TechNexus.

  • New Zealand Navy to Get New Dive and Hydrographic Vessel

    23 August 2018
    Project & Tenders

    New Zealand Government has approved the purchase of a dive and hydrographic support vessel for the Royal New Zealand Navy. An 85-meter Norwegian built multi-role offshore support vessel, the MV Edda Fonn, will be purchased to fill an existing capability gap. Following purchase, the Edda Fonn will be outfitted with the dive and hydrographic systems required by the Defence […]

  • Saipem Kicks Off Sverdrup Pipelaying Ops

    30 April 2018
    Business & Finance, Equipment, Operations & Maintenance

    Saipem’s vessel Castorone has started operations to install Norway’s largest pipeline to the Johan Sverdrup field. The 36-inch pipeline, which will extend more than 280 kilometers out to the Johan Sverdrup field once installed, is being pulled through a pre-drilled hole at the bottom of the Fensfjord into the Mongstad oil terminal. When the Johan […]

  • REM Takes NOK 900 Mln Impairment Hit

    26 August 2016
    Business & Finance, Operations & Maintenance

    Norwegian firm REM Offshore has posted second-quarter 2016 net loss of NOK 1.12 billion ($136.5 million), compared to profit of NOK 64.3 million or $7.8 million in a year-ago period. The losses were recognised due to newbuild cancellation costs of NOK 191.7 million, and impairment losses of NOK 898.7 million ($109.5). Excluding these one-off effects, […]

  • ‘African Inspiration’ vessel delivered to Marine Platforms

    23 January 2015

    Marine Platforms, an oil and gas subsea support services firm, located in Nigeria and Aberdeen, has taken delivery of a new subsea support vessel, the African Inspiration, from Norwegian shipbuilder Havyard. Marine Platforms, which is headquartered in Lagos, Nigeria, with an operations base at Port Harcourt, also has a technical support base in Westhill, Aberdeenshire, and […]

  • Norway ramps up oil output in September but prognosis misses the mark

    19 October 2017

    Norway’s oil production in September this year was above the one produced in the country in the same period last year but below prognosis due to maintenance works on some fields, according to the Norwegian Petroleum Directorate (NPD).  The government agency reported on Thursday that preliminary production figures for September 2017 show an average daily […]

  • Norway: Ulstein’s First SX130 Vessel for Neptune Offshore Launched

    4 June 2010

    A launching ceremony for the first of Ulstein’s SX130 for Neptune Offshore took place at Sinopacific shipyard, Zhejiang Shipbuilding in Ningbo China, on Sunday 9th of May. According to Chinese traditions the ceremony included heavy fireworks and congratulations from Shipowner and Shipyard. The SX130 for Neptune Offshore will conduct inspection, maintenance and repair operations in […]

  • Statoil in Shah Deniz Asset Sale

    13 October 2014
    Business & Finance, Operations & Maintenance

    Statoil has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company, 15.5% share in the SCPC holding company, and 12.4% share in the Azerbaijan Gas Supply Company to the Malaysian oil and gas company PETRONAS. The transaction value is USD 2.25 billion. “Statoil has created significant value by […]