10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • TMC to supply compressed air system for Awilco’s semi-sub newbuild

    1 July 2019
    Business & Finance, Equipment, Exploration & Production

    Singapore’s Keppel FELS has awarded TMC Compressors a deal to deliver an energy-saving marine compressed air system to the first mid-water semi-submersible drilling rig being built for Awilco Drilling.

  • VIDEO: Aibel fits the final piece of Sverdrup drilling platform puzzle

    6 September 2017
    Project & Tenders

    Oil services company Aibel has lifted into place the final of three modules for the Statoil-operated Johan Sverdrup drilling platform in Klosterfjorden, Norway.  The first two modules, the main support frame (MSF) and drilling support module (DSM), were assembled during the course of the weekend and early Monday morning. Following the first two modules, the final module was lifted before midnight on Monday. […]

  • 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, “ […]

  • 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 […]

  • Negotiations Over Gulf of Finland LNG Terminal Continue

    19 June 2014

    Finnish energy company Gasum and the Estonian energy company Alexela have submitted their proposal to the European Commission and the representatives of both countries governments concerning a liquefied natural gas (LNG) import terminal to be constructed on the Gulf of Finland. As reported earlier, it is the view of the European Commission that the solution […]

  • Top news, Mar 28 – Apr 3, 2016

    3 April 2016

    Tidal Energy Today has compiled the top news from tidal and wave energy industry from March 28 – April 3, 2016.

  • Highlights of the Month: November 2015

    3 December 2015

    DONG Unveils U.S. Offshore Wind Project Details DONG Energy has released project details for its offshore wind farm proposed to be built off Massachusetts, USA. Scotland Greenlights World’s Largest Floating Wind Project The Scottish Government has granted a marine licence to Statoil for the construction of Hywind Scotland project, the world’s largest floating offshore wind […]

  • Norway: Statoil Selects Aibel for Troll Redevelopment

    19 September 2011
    Business & Finance

    Statoil has awarded Aibel a contract for modules and modifications for two new pre-compressors on the Troll A platform in the North Sea. The contract is worth an estimated NOK 2.7 billon (USD 478.4 million). Statoil and its partners in the Troll licence on the Norwegian continental shelf (NCS) decided last week to invest NOK […]

  • Aker Solutions Takes Profit Hit

    29 April 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Aker Solutions’ net income for the quarter fell to NOK 220 million ($28.7 million) from NOK 283 million ($37 million) in the same period last year. Earnings per share (EPS) fell to NOK 0.79 in the quarter from NOK 1.03 a year earlier. Earnings were impacted by costs of overcapacity in the maintenance, modifications and […]

  • Gallery: Ulstein in Concept Flurry

    3 June 2015
    Business & Finance

    Norwegian ship designer and shipbuilder Ulstein kicked off the month of June with a series of concepts, including their Discovery Series concept of three different vessels in the exploration, cruising and coastal patrolling categories. The efficient hull, the propulsion set-up, low friction bottom paint and reduced weight from alternative hull material all contribute to reducing fuel oil […]

  • Wage settlement ends oil strike in Norway

    12 October 2020
    Business & Finance, Business Developments & Projects

    Norwegian oil firms were able to strike a wage bargain with officials of labour union Lederne on Friday, ending a 10-day strike which threatened to cut the country’s oil and gas output by almost 25 per cent.

  • Norbit WINGHEADs for marine renewable energy projects

    25 February 2021
    Technology

    Norwegian technology group Norbit has received an order for multiple WINGHEAD sonars from a ‘leading global survey company’. The NORBIT WINGHEADs will go on an unmanned surface vessel (USV) utilised on marine renewable energy projects. According to Norbit, the order has a value of approximately NOK 10 million ($1.2 million). Deliveries should take place during […]

  • PGS shrinks quarterly loss

    27 July 2017
    Business & Finance

    Norwegian seismic player Petroleum Geo-Service (PGS) reduced its loss for the second quarter this year helped by increase in revenues.  The company cut its net loss for the second quarter 2017 to $32.2 million from $51.8 million loss in the prior-year quarter. During the second quarter 2017 period, PGS recorded revenues of $240.5 million, which […]

  • Apply Bags USD 245.8 Mln Worth of Contracts (Norway)

    16 July 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Apply has over the last weeks been awarded contracts worth over 1.5 billion NOK (245.8 million USD). 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 […]

  • Norway: ACE Winches to Supply Winch Packages for Greatship Maya OSV

    11 January 2011
    Business & Finance

    ACE Winches has secured a £1.6m contract from Bluestone Offshore for the design and manufacture of two comprehensive winch packages for use on the offshore support vessel, Greatship Maya. Each winch package comprises 18.5t of safe working load (SWL) hydraulic drum winch, 300kW containerised electric hydraulic power unit (HPU), a central control cabin, interconnecting pipework […]

  • Rolls-Royce: Tailor Made Torpedo Anchor-Handling Systems for DOF’s Vessels (UK)

    12 February 2013

    To handle the new heavyweight anchors required for rigs operating in extreme depths off Brazil, Rolls-Royce has developed a tailor made solution. Two torpedo anchor-handling systems will be installed on two anchor-handling vessels to be built for the Norwegian shipowner DOF. Brazilian oil giant Petrobras has developed the torpedo anchor to meet the challenges of […]

  • Aker Solutions Optimistic in Longer Term

    17 March 2015
    Business & Finance, Operations & Maintenance

    Norwegian oil services company, Aker Solutions, has presented five strategic objectives after splitting in two in September last year. “The split allows us to reduce complexity, build on synergies and bring down costs, which makes us much better equipped to respond to the needs of customers in the 22 countries where we operate,” said Chief Executive […]

  • Topside for Johan Sverdrup living quarter all set for sailaway

    15 March 2019
    Project & Tenders

    The fourth and last platform for the first phase of the giant Johan Sverdrup project is now ready for sail-away from Kværner’s yard on Stord to the Johan Sverdrup field offshore Norway.

  • Skarv Shipping gets financial boost for ammonia-fueled bulker trio

    11 May 2023
    Business & Finance, Business Developments & Projects, Vessels

    Skarv Shipping Solutions, a joint venture between Grieg Edge and Peak Group AS, has received NOK 130 million ($12.3. million) in funding from Enova for the construction of three ammonia-powered short-sea bulk carriers.

  • Equinor to pump up gas supply for tight European market

    20 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor and its partners have received permission to increase gas exports from two fields in Norway to supply the tight European market.

  • DOF Subsea Profit Down 65 Pct

    21 May 2015
    Business & Finance, Operations & Maintenance

    Oslo-listed, DOF Subsea, has posted profit for the first quarter 2015 of NOK 139 million ($18.4 million), versus NOK 402 million ($53.3 million) in the year-earlier period.  The 65.4 per cent drop in profit, or NOK 263 million, is mainly due to net financial loss of NOK 320 million, related to unrealized currency loss and […]

  • Wood Group Releases Half Year Financial Results

    19 August 2014
    Business & Finance, Operations & Maintenance

    Wood Group, an international energy services company with over $7bn sales, released its half year results for the six months ended 30 June 2014. The Group has two reporting segments – Wood Group Engineering and Wood Group PSN – providing a range of engineering, production support and turbine services to the oil & gas, and […]

  • Yara to receive green ammonia from Oman under new deal with ACME

    4 March 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Norwegian ammonia trade and shipping company Yara and Indian renewable energy company ACME have signed a long-term firm and binding agreement for the supply of ammonia produced in Oman with reduced CO2 emissions. According to Yara, the agreement is the result of 18-month negotiations during which the regulatory framework and certification regime have evolved and […]

  • Wallenius Wilhelmsen ship trials HSFO biofuel in South Korea

    6 November 2023
    Infrastructure, Vessels

    M/V Torrens has become the first vessel operated by Wallenius Wilhelmsen to bunker B30 HSFO biofuel while calling at Masan Port, South Korea.

  • Aibel completes first deck for Johan Sverdrup P2 platform

    25 December 2019
    Project & Tenders

    Aibel has completed the first deck for the Equinor-operated Johan Sverdrup P2 process platform, which will be installed offshore Norway.