10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Songa Offshore returns to profit in 2Q

    25 August 2017
    Business & Finance, Exploration & Production

    Offshore driller Songa Offshore, soon to be acquired by rival driller Transocean, returned to profit in the second quarter of 2017 despite decrease in revenues due to three stacked rigs.  Earlier this month, one of the world’s largest offshore drillers, Transocean, announced its plan to acquire 100 percent of the issued and outstanding shares of Songa Offshore, including […]

  • Noreco’s 3Q Net Loss Deepens

    28 November 2013

    Norwegian Energy Company ASA (Noreco) today presents its third quarter 2013 report, with a negative EBITDA of NOK 284 million and a net loss of NOK 569 million for the period. The results for the quarter were marked by a number of significant one-off write-offs and write-downs related to exploration, discoveries and fields. A significant […]

  • Lundin: Testing of Luno II Discovery Successful

    6 May 2013

    Swedish oil and gas exploration and production company Lundin Petroleum has announce that the testing of the previously announced Luno II discovery has been successfully completed. The discovery is located in PL359 in the central North Sea sector of the Norwegian Continental Shelf (NCS) on the south western flank of the Utsira High approximately 15 […]

  • Pipetech Targets Wider Market under New Management

    2 June 2017
    Business & Finance, Equipment

    Pipetech, the pipe and process cleaning solutions specialist, said it plans to expand its services to industrial markets and introduce subsea and wells to its offshore portfolio following recent contract wins and the appointment of a new leadership team. Eric Doyle, most recently regional director at Aquaterra Energy, has been appointed managing director. Alan Brunnen, former […]

  • Aker BP quarterly revenues lifted by swelling production

    14 July 2017
    Business & Finance

    Norwegian exploration and production company Aker BP more than doubled its second quarter 2017 production and revenues, compared to last year’s quarterly result, due to inclusion of BP Norge’s activities.  To remind, Aker BP was formed in September 2016 through a merger between Det norske oljeselskap and BP Norge. In its quarterly financial report on Friday, […]

  • Odfjell rig to drill six more wells for Equinor

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

    Equinor has exercised its option to drill more wells with Odfjell Drilling’s rig, extending the rig’s backlog for operations offshore Norway.

  • New CEO to take the helm at Magseis Fairfield

    13 September 2019
    Business & Finance

    Magseis Fairfield has appointed Carel Hooijkaas as Chief Executive Officer effective October 1, 2019, succeeding Per Christian Grytnes who will retire from the company.

  • Repsol making progress with Yme field development. First oil in 2020

    19 July 2019
    Project & Tenders

    Spanish oil company Repsol is pressing ahead with the development of the Yme field offshore Norway.

  • PG Flow to deliver equipment for Johan Sverdrup Phase 2

    6 September 2018
    Business & Finance, Equipment

    PG Flow Solutions has been awarded a contract by Aker Solutions and Kvaerner to equipment to the Johan Sverdrup Phase 2 development.

  • Safety rap for Point Resources and Halliburton over Jotun B incident

    3 July 2018

    The PSA has found serious breaches of regulations during an investigation of a lifting incident involving a falling object on the Jotun B platform.

  • Norway: Kvaerner Posts Third Quarter 2011 Results

    1 November 2011

    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, ” […]

  • 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 […]

  • WATCH: ‘Mega’ equipment piece fitted into place at Brazilian oil project ahead of FPSO arrival

    9 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Heavy lifting, Vessels

    Equinor has wrapped up the installation of an important component in the process of bringing online its operated oil field off the coast of Brazil.

  • Samsung to build decks for process and riser platforms on Johan Sverdrup

    30 June 2015
    Business & Finance, Equipment

    Statoil, on behalf of the Johan Sverdrup license, has awarded Samsung Heavy Industries the contract for decks for both the process and riser platforms. Johan Sverdrup is an oil field located in the North Sea, offshore Norway. The total contract value is NOK 7 billion ($887.7 million). It is a fabrication contract (FC) of decks […]

  • Scottish Government Supports Shetland Harbour Project

    17 May 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Alex Salmond announced a £10 million package to support plans for a deep-water quay facility in Shetland to secure decommissioning work on major offshore structures from the Northern North Sea. Following a meeting in Oslo on Tuesday with senior executives of AF Group and Lerwick Port Authority, the First Minister today said the Scottish Government […]

  • SMM Forum: Experts to Discuss New Ship Financing Models

    13 February 2014

    At the SMM Ship Finance Forum just ahead of SMM, the leading international maritime trade fair hamburg, experts will discuss the potential and prospects for new ship financing models. In spite of low newbuilding prices, the total number of ship orders is declining around the world. Financing difficulties are part of the problem, and new […]

  • Top news, December 10 – 16, 2018

    16 December 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    MarineEnergy.biz has compiled the top news from marine energy industry from December 10 – 16, 2018.

  • Poland: Remontowa Hands Over Another LNG-Fueled Ferry

    15 January 2013

    The ceremonial raising of the flag on the last of four LNG-fueled ferries built for one of the biggest Norwegian owners –Torghatten Nord AS took place in Remontowa Shipbuilding S.A on 8th of January 2013. During three years of cooperation with the owner Remontowa shipyard constructed eight modern ferries of different propulsion features, engine power […]

  • Remontowa: Flag Raising Ceremony Held on LNG Ferry, Poland

    15 January 2013
    Vessels

    The ceremonial raising of the flag on the last of four LNG-fueled ferries built for one of the biggest Norwegian owners –Torghatten Nord AS took place in Remontowa Shipbuilding S.A on 8th of January 2013. During three years of cooperation with the owner Remontowa shipyard constructed eight modern ferries of different propulsion features, engine power […]

  • Subsea Processing Session Held at Offshore Energy 2014

    29 October 2014
    Equipment, Research & Development

    Subsea processing was one of the topics covered today at the Offshore Energy 14 Exhibition & Conference in Amsterdam. Subsea processing provides an alternative to production equipment located on a fixed or floating platform. The session discussed the latest developments in subsea processing solutions including water removal and re-injection or disposal, boosting, gas separation and […]

  • Eidesvik PSV bags fresh extension from Wintershall Dea

    29 October 2021
    Business & Finance, Business Developments & Projects, Innovation, Project & Tenders, Transition, Vessels

    Eidesvik Offshore has won a contract extension with Wintershall Dea for the platform supply vessel (PSV) Viking Princess.

  • ‘African Inspiration’ named in Norway

    7 November 2014

    Nigerian company Marine Platforms Limited has received its first newbuild vessel at a ceremony in Fosnavåg, Norway, on Thursday, November 6. The vessel, named ‘African Inspiration’ by Norway’s Minister of Finance Siv Jensen, was built by Norwegian offshore ship designer and constructor Havyard. The vessel is a Havyard 857 Subsea IMR (Inspection Maintenance and Repair) ship that will be used […]

  • The Netherlands: Damen Shipyards to Unveil New PSV at Europort 2011

    7 November 2011
    Business & Finance, Equipment

    Damen Shipyards will unveil its new Platform Supply Vessel (PSV) at EUROPORT 2011 and will launch a complete PSV range in the next few months. The PSV 3300 E3 is a dedicated supply vessel to transport supplies to oil and gas rigs and is specifically designed to perform safely in adverse weather conditions. The first […]

  • OYO Geospace Receives LOI from Statoil for Reservoir Monitoring System

    11 September 2012
    Equipment

    OYO Geospace last week accepted a non-binding letter of intent with the international energy company Statoil to provide 600 kilometers of seabed seismic reservoir monitoring system for the Snorre and Grane fields on the Norwegian continental shelf. Under the letter of intent, Statoil is contractually obligated to pay OYO Geospace $2.5 million for certain pre-award […]

  • Statoil Eyes Floating Wind Opportunities off U.S. and Japan

    7 June 2017
    Business & Finance

    Statoil has identified Japan the U.S. states of California and Hawaii as prime markets for the development of floating wind farms, Irene Rummelhoff, the Norwegian energy company’s head of New Energy Solutions told Reuters.