10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Shelf Drilling buys Maersk Completer jack-up rig

    18 December 2019
    Exploration & Production

    The rig has been stacked in Singapore since 2017.

  • Transocean adds $158M to backlog through five rig deals

    26 July 2019

    Offshore drilling firm Transocean has added five drilling rig contracts since its previous rig fleet status report in April.

  • Safety audit finds room for improvement on Johan Castberg FPSO

    27 May 2019
    Infrastructure

    The PSA has found irregularities during an audit of Equinor’s design and fabrication of the hull and living quarters for the Johan Castberg FPSO.

  • EMAS AMC Installs Subsea Power Cables for Troll A (Norway)

    6 September 2012
    Business & Finance, Equipment

    Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announces that its subsea construction division, EMAS AMC, has been awarded a contract by ABB, pursuant to an arrangement of strategic cooperation for subsea installation, for the installation of subsea power cables. This […]

  • Statoil submits plan for development in Gullfaks area

    30 June 2015

    Statoil and its partners have today submitted an amendment to the Plan for Development and Operations (PDO) for the Gullfaks licence to the Ministry of Petroleum and Energy for phase 1 of the Shetland/Lista development. According to Statoil, phase 1 of the development is expected to add 18 million barrels of oil equivalent, and will […]

  • Denmark: Noreco Sells its Interests in Siri Field to DONG Energy

    25 July 2011
    Business & Finance

    Norwegian Energy Company (Noreco) has entered into an agreement to sell its interests in the Siri field in Denmark to DONG Energy. The agreement involves Noreco’s 50 percent interest in license 6/95 in Denmark, and the price is USD 13 million with effective date 1 July 2011. Noreco’s ownership in Siri’s satellite fields Nini East, […]

  • Clean Marine to Supply Exhaust Gas Cleaning Systems for AET Newbuilds

    12 June 2013

    Clean Marine AS has been selected by Samsung Heavy Industries in South Korea to supply Exhaust Gas Cleaning Systems (EGCS) for two new shuttle tankers being built for AET. The order will enable the new AET vessels to comply with future legislation relating to sulphur emissions without switching to more expensive fuels. According to Nils […]

  • Clean Marine to Supply Exhaust Gas Cleaning Systems for AET Newbuildings

    12 June 2013
    Business & Finance

    Clean Marine AS has been selected by Samsung Heavy Industries in South Korea to supply Exhaust Gas Cleaning Systems (EGCS) for two new shuttle tankers being built for AET. The order will enable the new AET vessels to comply with future legislation relating to sulphur emissions without switching to more expensive fuels. According to Nils […]

  • BW Offshore teams up with Chinese leasing firm to pursue FPSO projects

    7 April 2017
    Infrastructure

    BW Offshore has signed a cooperation agreement with a Chinese financial leasing firm ICBC Financial Leasing Co., Ltd. (ICBCL). The two companies plan to establish a long-term strategic partnership to jointly pursue large international infrastructure projects with a focus on FPSOs. This is the rationale for the transaction, as provided by BW Offshore: The two companies […]

  • NAO Takes Delivery of Last of Six PSVs

    15 January 2014

    Nordic American Tankers (NAT) said that Nordic American Offshore (NAO) took delivery of the last of the six recently built Platform Supply Vessels (PSVs) from the Ulstein Group of Norway. NAT has 26% of the share capital in NAO. A subsidiary of NAT is the manager of NAO. The PSV vessels play an integral role […]

  • Wilh. Wilhelmsen Hit Hard by Anti-Trust Probe Provision

    11 November 2015
    Business & Finance

    Norwegian maritime industry group Wilh. Wilhelmsen Holding (WWH) reported USD 157 million operating loss for the quarter ended September 30, caused mostly by a USD 200 million provision related to ongoing anti-trust investigations in two of the company’s joint ventures, Wallenius Wilhelmsen Logistics (WWL) and EUKOR Car Carriers. The company’s bottom line for the quarter was also impacted by […]

  • DOF Bags Contracts with Total Value of USD 904.9 Mil

    14 November 2013
    Business & Finance

    DOF Subsea Chartering AS, a subsidiary of DOF Subsea AS has entered into a time charter agreement with Technip UK Ltd. for hull no 800 under construction at Vard Group AS. The time charter  contract commences on the vessel’s delivery from the construction yard in June 2015, with a firm period of 5 years, and […]

  • DNV GL Appoints New Director of Europe and Southern Africa Division

    14 February 2014
    Business & Finance

    DNV GL – Oil & Gas, the leading technical advisor to the global oil and gas industry, has appointed Liv Hovem as Director of its Europe and Southern Africa Division. DNV GL’s Europe and Southern Africa Division is a leading provider of risk management, technical advisory and technical assurance services across the entire oil and […]

  • Wartsila of Finland Grabs LNG PSV Contract

    28 November 2012
    Project & Tenders, Vessels

    Wärtsilä of Finland, the marine industry’s leading solutions and services provider, has been contracted to supply an integrated solution comprising ship design services and the power and propulsion system for a newbuild LNG powered Platform Supply Vessel (PSV). The contract has been signed with the Norwegian yard Hellesøy Verft, and this will be the eighth […]

  • Norway: Statoil Delivers Strong Third Quarter Results

    26 October 2012
    Business & Finance

    Statoil’s third quarter 2012 net operating income was NOK 40.9 billion, a 4% increase compared to NOK 39.3 billion in the third quarter of 2011. “Statoil delivered solid financial results in the quarter. By ramping up new fields, we have grown production year to date by 10% compared to the same period last year, and […]

  • Giant Johan Sverdrup project 70% complete. Break-even down to $15 a barrel

    7 February 2018
    Project & Tenders

    The development of the Johan Sverdrup, a giant offshore oil field in Norway, is 70 percent complete.

  • CO2 emission reduction triumph keeps DeepOcean on track towards 2030 target

    8 April 2024
    Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Transition, Vision

    Norway-based ocean services provider DeepOcean has marked its 25th anniversary by reaching a CO2 emission reduction milestone which is said to keep the company on track toward its 2030 emission reduction target. DeepOcean announced that it had reduced its own CO2 emissions intensity by 18% since 2020, staying on track to reach its target of 45% […]

  • SeaTwirl, Kontiki Winds to explore powering oil & gas assets with floating wind

    15 May 2023
    Business Developments & Projects, Research & Development

    Sweden-headquartered SeaTwirl has signed a Memorandum of Understanding (MoU) with Kontiki Winds to identify and discuss the opportunities to electrify oil and gas assets and other offshore applications, with the use of SeaTwirl’s floating wind turbines. Under the MoU, the two companies will explore new opportunities in the market to implement offshore wind into new […]

  • Golar says Croatian FSRU to leave China late September

    15 August 2020
    Infrastructure, Vessels

    Croatia’s first FSRU will depart the Hudong-Zhonghua yard in China to its base on the island of Krk in the northern Adriatic Sea late September, according to the vessel owner Golar LNG. Golar, led by Norwegian businessman Tor Olav Troim, won a deal last year to provide its 2005-built 140,205-cbm vessel Golar Viking to the […]

  • Nordlink Project Gets Additional EIB Backing

    15 August 2018
    Business & Finance, Equipment, Operations & Maintenance

    The European Investment Bank (EIB) has reaffirmed its support for the Nordlink interconnector between Germany and Norway. Namely, EIB has purchased EUR 100 million hybrid securities to be consolidated and form a single series with TenneT’s hybrid Securities programme launched on 12 April 2017. After the signature in 2017 of loans to TenneT and Statnett, […]

  • Maersk Drilling bags $100 million deal with Equinor

    30 April 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Maersk Drilling has been awarded a contract by Equinor for the drilling of three and plugging of one well on the Martin Linge field offshore Norway.

  • NPD Green Lights Equinor’s Johan Sverdrup Start-Up

    2 September 2019
    Operations & Maintenance

    Equinor has received consent from the Norwegian Petroleum Directorate for start-up of the Johan Sverdrup field in the North Sea. The field is expected to produce oil for the next 40 years. Equinor plans the start-up sometime this autumn for the first phase of the field development. Construction phase two is slated to start in […]

  • Wartsila to Retrofit Exhaust Gas Cleaning Systems of ‘SuperSpeed 2’

    25 June 2013

    Wartsila, the marine industry’s leading solutions and services provider, has been contracted by Norwegian cruise and ferry operator, Color Line, to retrofit four exhaust gas cleaning systems to the company’s ‘SuperSpeed 2’ Ro-pax ferry. The contract was signed in June and the installation is expected to be carried out during docking of the vessel in […]

  • Lundin Petroleum Strikes Oil at Avaldsnes Prospect Off Norway

    17 September 2010

    Lundin Petroleum AB (Lundin Petroleum) announced that the drilling of exploration well 16/2-6 on the Avaldsnes prospect has resulted in a significant oil discovery. The well is located in Block 16/2, part of production licence PL501, in the central North Sea sector of the Norwegian Continental Shelf (NCS). The well was drilled to a total […]

  • Norway: Kvaerner 3Q Revenues Drop on Low Activity Level

    1 November 2011
    Business & Finance

    Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent. The third quarter has been a solid operational quarter, with financial results in line with the company’s anticipated activity level, “ […]