10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Statoil’s second quarter profit falls on lower oil prices

    28 July 2015

    Norwegian oil and gas giant Statoil has reported net income of NOK 10.1 billion ($1.2 billion) in the second quarter of 2015, compared to NOK 12 billion ($1.5 billion) in the same period in 2014.  “In the second quarter, Statoil delivered encouraging operational performance with good production growth and high regularity, whilst continuing to reduce cost. […]

  • Odfjell Drilling hired for drilling at Johan Sverdrup

    15 June 2015
    Business & Finance, Exploration & Production, Project & Tenders

    Norwegian oil company Statoil has awarded two contracts at a total value of more than NOK 4.35 billion ($558 million) to Odfjell Drilling for drilling wells on the Johan Sverdrup field in the North Sea, offshore Norway. Odfjell Drilling has been awarded contracts both for the Deepsea Atlantic semi-submersible rig and for drilling services on […]

  • Three Castor Initiative members sign MOU to build zero-emission VLCC pair

    5 April 2022
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Classification society Lloyd’s Register (LR), shipbuilder Samsung Heavy Industries (SHI) and shipping company MISC via its subsidiary, AET, have signed a memorandum of understanding (MOU) for the development and construction of two very large crude carriers which can be operated on zero-emission fuel.

  • Faria WatchDog® LRIT system now certified for operation on Iridium Satellite Network

    18 March 2009

    Faria WatchDog®, Inc. announces that its WatchDog 750 long-range identification and tracking (LRIT) ship terminal has successfully completed the compliance and test requirements for operation on the Iridium satellite network. Faria WatchDog, Inc. is a leading supplier of satellite vessel monitoring systems (VMSs). Iridium LRIT certification ensures its Value-Added Manufacturers’ (VAMs’) devices comply with the […]

  • Reef Subsea to Provide Two Maintenance Support Vessels for Talisman Energy UK

    8 May 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Reef Subsea AS announced that they have been awarded a contract with Talisman Energy (UK) Ltd for the provision of two maintenance support vessels. Reef Subsea’s newly delivered vessels, Reef Despina and Reef Larissa, will fulfil the contract for Talisman, which involves supporting the company’s Brownfields Modification Programme on selected UK offshore fields. The contract […]

  • Wintershall Dea and NWO to work on BlueHyNow hydrogen production plant

    4 August 2022
    Business Developments & Projects, Project & Tenders

    German oil and gas company Wintershall Dea and compatriot pipeline operator Nord-West Oelleitung (NWO) have signed an agreement for the BlueHyNow hydrogen production plant on NWO’s site in Wilhelmshaven.

  • Odfjell Posts Best Quarterly Performance since 2008

    27 August 2015
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell said that it has posted the best quarterly operational performance in the second quarter of 2015 since the third quarter of 2008, with a net result of USD 7 million. “During second quarter we have seen a steady improvement of the chemical tanker market in general with improved […]

  • Lundin beefs up Johan Sverdrup capacity

    12 May 2016
    Project & Tenders

    Lundin Petroleum, a Swedish independent oil and gas company, said there was a potential to increase processing capacity at the Norway’s largest offshore development, the Johan Sverdrup field. In a statement this week, the company said there was a possibility to boost processing capacity from the previously guided range of 315,000 to 380,000 bopd up to […]

  • James Fisher and Østensjø Rederi ink seasonal vessel charter agreement

    9 March 2023
    Business & Finance, Business Developments & Projects, Vessels

    UK’s James Fisher Subtech (JF Subtech) has signed a seasonal charter agreement with Norwegian vessel operator Østensjø Rederi for the exclusive use of its inspection, repair and maintenance (IRM) and construction vessel. The agreement will see the Edda Savanah mobilized in April for work in the North and Irish Seas on IRM projects, using remotely […]

  • NEOT inks charter deal for Terntank’s wind/methanol-ready tankers

    15 March 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    North European Oil Trade (NEOT), a Finland-based group specializing in oil and bioproducts sale in the Nordic countries, has signed a charter agreement with Terntank for the shipping company’s two wind/methanol-ready hybrid tankers. Swedish shipping company Terntank placed an order for two plus two new wind assistance and methanol-ready tankers back in November 2022. The vessels are […]

  • COSL Drilling made exclusive rig provider for OKEA

    6 May 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    A four-year-long frame contract has been signed by COSL Drilling Europe with OKEA for the use of COSL’s rigs in Norway.

  • Nordic Energy to Buy Offshore Exploration Licence in Denmark

    25 February 2013
    Business & Finance

    Nordic Energy Plc, the ISDX Growth Market Investment Vehicle focused on low cost entry opportunities in the Danish, Norwegian and Dutch offshore oil and gas exploration and production sectors, has signed a Letter of Intent (“LOI”) to acquire a large exploration licence in the Danish North Sea (“the Danish Licence”). The Danish Licence was originally […]

  • Next Generation Ship Award Goes to TOTE’s LNG Containership, Norway

    5 June 2013

    A passenger ferry and a container ship, both powered by LNG, took the Nor-Shipping Energy Efficiency Award and Next Generation Ship Award respectively at the exhibition’s Opening Conference yesterday. The Young Entrepreneur Award went to Tor M. Østervold of Norway’s ECOsubsea. The Energy Efficiency Award (previously Clean Ship Award) went to Fjord Lines’ Stavangerfjord, the […]

  • Trio to create ‘world class’ OSV company in Norway

    6 February 2017
    Business & Finance

    A new offshore supply vessel company with a fleet of 154 vessels will be formed in Norway following a combination of three companies, Farstad Shipping, Solstad Offshore and Deep Sea Supply.  According to Farstad’s Oslo Stock Exchange filing on Monday, its stakeholders have agreed a plan for its financial restructuring, which will be followed by work to […]

  • Yara and NYK execute ‘world’s first’ time-charter deal for ammonia-fueled medium gas carrier

    10 February 2025
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Vessels

    Norwegian ammonia distributor Yara Clean Ammonia and Japan’s shipping company NYK Line have concluded what is said to be the “world’s first” time-charter contract for an ammonia-fueled medium gas carrier.

  • Noreco set to lose Huntington stake

    2 November 2015

    Norwegian oil company Noreco might lose its stake in the Huntington offshore oil field. The company has been served a notice of default under the Joint Operating Agreement (JOA) governing the Huntington licence in the UK North Sea. The default relates to non-payment of a cash call under the JOA, and implies that Noreco will no […]

  • In focus: It’s all about the chemistry

    12 May 2023
    Carbon Capture Usage & Storage, Green Marine, Innovation, Research & Development, Transition, Vessels

    In the quest for a future-proof world it is all about chemistry. Matter like carbon dioxide, methane, ammonia, methanol and, last but not least, hydrogen are dominating the headlines when it comes to global warming and sustainable solutions. The industry is puzzling how curb one and developing the other. First methane. This week the European […]

  • AIS launches offshore survival training centre (UK)

    16 July 2014
    Business & Finance, Equipment

    AIS has opened a brand new £2.5m state-of-the-art offshore survival training centre on North Tyneside. The new 20,000 sq ft centre is located beside existing 120,000 sq ft training village in North Shields, comprising of 11 bespoke centres. Approved by industry bodies including OPITO (Offshore Petroleum Industry Training Organisation), the Global Wind Organisation and STCW […]

  • VIDEO: Robotic snakes become reality

    20 February 2017
    Business & Finance, Equipment

    This is the third time snakes have been featured on Offshore Energy Today. In 2013 we wrote about the real snakes on a rig, when Maersk shared photos of (correct me if i’m wrong) pythons aboard one of its semi-submersible rig offshore Angola*. Read more here:  https://bit.ly/2lyl03c Then, in April 2016, Norwegian oil company Statoil, and […]

  • Nord Stream Completes Tie-Ins of Second Gas Pipeline

    29 June 2012
    Business & Finance, Equipment, Project & Tenders

    Nord Stream has successfully completed the second of the two underwater tie-ins of its second gas pipeline through the Baltic Sea on 28 June. The 1,224-kilometre offshore pipeline is now complete and will be de-watered and dried before being joined to the onshore landfall sections in Russia and Germany in August. This second line is […]

  • Apply Secures New Contracts Worth USD 245.8 Million

    16 July 2012
    Business & Finance, Project & Tenders

    Apply has over the last weeks been awarded contracts worth over 1.5 billion NOK. In addition to significant contracts in Norway, new projects as far apart as Canada and Australia confirm the Group’s growing international scope. Living Quarters to the Hebron platform, offshore Canada to Apply Leivik Worley Parsons has announced the intent to award […]

  • Equinor starts FEED work for low-carbon hydrogen project in Netherlands

    19 April 2024
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development

    Equinor and Linde have started the front-end engineering design (FEED) of their joint investment in the H2M Eemshaven low-carbon hydrogen project in the Netherlands.

  • Havyard outsources construction of Atlantic Towing’s PSV to Kleven

    7 February 2020

    The Norwegian shipbuilder Havyard has outsourced the construction of a newbuild platform supply vessel (PSV) for Canadian shipping company Atlantic Towing to Kleven.

  • Bergen Group to take part in Ekofisk decommissioning work

    28 August 2017
    Business & Finance

    Bergen Group AAK has been awarded a framework contract by AF Offshore Decom for delivery of subcontractor services connected to decommissioning and disassembly of topside structures on the ConocoPhillips-operated Ekofisk oil field in the North Sea. Initially, the framework contract covers the period 2017 – 2018, Bergen Group said in an Oslo Stock Exchange filing on […]

  • Transocean secures more work for its rigs, adds $373 million in contract backlog

    18 April 2019
    Business & Finance, Exploration & Production

    Offshore driller Transocean has secured more work for its drilling rig fleet, adding approximately $373 million in contract backlog since its last fleet status report in February.