10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Faroe Petroleum Announces Farm-out of Fulla Exploration Well, West of Shetlands

    6 December 2010
    Business & Finance

      Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announced the farm-out to Canadian Overseas Petroleum Limited (“COPL”), of West of Shetland licence P.1161 and the associated commitment to drill an exploration well on the Fulla prospect. […]

  • Wartsila to Design and Equip Siem Offshore’s PSV

    28 November 2012
    Business & Finance, Equipment

    Finland’s Wartsila, 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 Hellesoy Verft, and this will be the eighth vessel […]

  • Awilco Extends Charter Hire for Teekay’s LNG Carrier Duo

    3 August 2017
    Business & Finance

     Norwegian-based pure play LNG transportation company Awilco LNG has extended charter contracts for two LNG carriers owned by Teekay LNG Partners to December 2019. The contracts, relating to the Wilpride and Wilforce LNG carriers, were previously set to expire in the fourth quarter of 2017 and the second quarter of 2018. Awilco LNG remains obligated to repurchase the vessels either […]

  • Norway: STX OSV Wins Construction Contracts for Four PSV

    31 October 2011

    STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds NOK 1 billion. The first two contracts are expected to become effective in November […]

  • 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.

  • RWE Dea Norge gets to drill third well in licence 420

    25 April 2014
    Business & Finance, Project & Tenders

    The Norwegian Petroleum Directorate has granted RWE Dea Norge AS a drilling permit for wellbore 35/9-11 A, cf. Section 8 of the Resource Management Regulations. Wellbore 35/9-11 A will be drilled from the Leiv Eiriksson drilling facility at position 61°21’25.60” north and 3°40’44.56” east. The drilling programme for wellbore 35/9-11 A relates to drilling of […]

  • WATCH: Shetlanders send a message in a bottle urging ‘sibling across the sea’ to stop massive oil & gas project

    20 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    A group of Shetlanders have made a short film, asking Norway to stop the development of a giant oil field off the coast of Shetland.

  • Rolls-Royce: New Technologies for Deep Waters (Brazil)

    12 February 2013
    Business & Finance

    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 […]

  • Polish firm to scale up Norwegian gas production in push for ‘more energy security’

    11 May 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    PGNiG Upstream Norway plans to produce an additional volume of approximately 0.5 billion cubic meters of natural gas this year.

  • Equinor sees red as low oil price and Covid-19 halve 2Q revenues

    24 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor sank to the red in the second quarter of the year as its revenues were halved amid Covid-19 pandemic and low oil prices.

  • Statoil Presents Gullfaks Area PDO

    30 June 2015
    Business & Finance, Operations & Maintenance, Research & Development

    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. Phase 1 of the development is expected to add 18 million barrels of oil equivalent, and will help increase the […]

  • Aker Solutions Sees Revenue Slashed by NOK 800 Mln

    5 November 2015
    Business & Finance, Equipment, Operations & Maintenance

    Aker Solutions has delivered lower third-quarter profit as its revenue dropped some NOK 800 million from the prior-year quarter on subsea services activity decline in the North Sea market. Norwegian oil services company generated net income of NOK 205 million ($23.8 million), or NOK 0.75 per share, on revenue of NOK 7.5 billion, versus net income of NOK 270 million […]

  • Two players join forces in Denmark to pursue ‘wealth of opportunities’ in oil & gas

    13 April 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Noreco has entered into a strategic deal with Semco Maritime to identify, explore and investigate opportunities in the oil and gas sector.

  • BW Offshore hands over FPSO ownership and operation helm to Mexican giant – gallery

    25 July 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders, Vessels

    Pemex has taken over the ownership and operation of the FPSO operating on the second largest offshore oil complex in Mexico from BW Offshore.

  • Pioneering Spirit vessel installs new Buzzard module for CNOOC – gallery

    8 July 2021
    Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders, Vessels

    CNOOC International has confirmed that the heavy lift of the Buzzard Phase II topside module onto the Buzzard ‘P’ platform was completed, using the Pioneering Spirit.

  • NOV, Schlumberger to supply wired drill pipes as Equinor preps for more automated drilling

    5 December 2018
    Business & Finance, Equipment

    Norway’s Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digitalization strategy and to prepare for automated drilling.

  • Dutch offshore contractor closes HQ to prevent coronavirus spread

    13 March 2020
    Business & Finance

    Dutch offshore contractor Heerema Marine Contractors is closing its office in the Netherlands to prevent the spread of the coronavirus.  HMC said on Friday that the Dutch government had issued guidance to slow down and prevent the spread of COVID-19 (Coronavirus). In response, Heerema Marine Contractors will be closing its Leiden Office from March 13, […]

  • Worker dies after falling off offshore rig in Norway

    8 December 2017

    Norway’s Aker BP has confirmed that one person has passed away following the serious accident on the Maersk Interceptor drilling rig on the Tambar field off Norway, on Thursday. According to the company, the deceased, a Norwegian citizen and employee of Maersk Drilling, fell into the sea during maintenance work on the rig. The person […]

  • DOF Subsea sees lower profit in 4Q

    19 February 2016

    DOF Subsea, a Norwegian provider of offshore support vessels, posted a slightly lower profit for the fourth quarter of 2015 when compared to the one made in the same period the year before.  The provider of offshore vessels on Friday reported a profit after tax for the fourth quarter of 2015 of NOK 53 million […]

  • Wartsila Wins Integrated Solutions Contract for New Siem Offshore LNG PSV

    28 November 2012
    Business & Finance

    Wärtsilä 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 vessel built at Hellesøy to be based on the Wärtsilä […]

  • DNV GL Names Director for Europe and Southern Africa

    14 February 2014

    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 […]

  • Hybrid interconnector projects in North Sea and Baltic Sea beef up Europe’s green energy ties

    30 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Project & Tenders, Regulation & Policy, Rules & Regulation

    Three hybrid interconnector projects in the North Sea and Baltic Sea are among the proposed cross-border energy infrastructure projects, which underpin the EU’s climate and net zero drive.

  • WATCH: Statoil, OneSubsea on Subsea Compression at OTC

    7 May 2015
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    The Video below shows an OTC 2015 executive session presentation on Subsea Compression with Margareth Øvrum, Statoil’s executive vice president for Technology, Projects & Drilling and Mads Andersen, President, Processing Systems at OneSubsea. In March this year, OneSubsea delivered the world’s first subsea wet gas compression system to Statoil which is being installed on the seabed […]

  • RWE orders two 100MW electrolysers for GET H2 as it eyes IPCEI funding

    31 January 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Technology, Transition

    German energy company RWE has ordered two 100-megawatt proton exchange membrane (PEM) electrolysers from Linde Engineering for its GET H2 hydrogen project. The two electrolyser plants, which will be powered by offshore wind from the North Sea, are part of RWE’s efforts to build a total of 300 MW of electrolyser capacity in Lingen by 2026 […]