10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • BP to Extract More Oil with New Technology (UK)

    6 September 2012
    Business & Finance, Equipment

    BP and its coventurers are deploying for the first time a new technology that could significantly increase the amount of oil that can be recovered from the UK’s largest hydrocarbon resource. The Clair Ridge development, west of Shetland, UK, is the first sanctioned large-scale offshore enhanced oil recovery (EOR) scheme using reduced salinity water injection […]

  • DOF Subsea Reports First Quarter Results (Norway)

    25 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    The DOF Subsea AS consolidated operating income for the first quarter of 2011 was NOK 899 million (NOK 731 million), with an EBITDA of NOK 241 million (NOK 186 million). The numbers are reflecting the fact that 2 vessels were repositioned, 3 vessels were upgraded and 2 vessels were trading in the North Sea AHTS […]

  • Four Car Carriers Hit with USD 486 Mn Cartel Fine

    21 February 2018
    Business & Finance, Rules & Regulation

    CSAV, “K” Line, MOL, NYK, and WWL-EUKOR involved in a car transport cartel, EC finds.

  • Horisont Energi and E.ON team up on industrial-scale CO2 storage in the North Sea

    30 November 2022
    Business Developments & Projects, Carbon Capture Usage & Storage

    Norwegian clean energy company Horisont Energi and its Germany-based counterpart E.ON have signed a letter of intent to jointly build a European carbon value chain. This deal will see E.ON provide more than one million tons of existing CO2 per year from its European customer sites by 2030, starting from 2027 with a gradual increase. […]

  • Statoil in USD 1.3 Bln Asset Sale Off Norway

    12 September 2014
    Business & Finance, Operations & Maintenance

    Statoil ASA farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through this transaction Statoil monetises on the Aasta Hansteen field development project, while retaining the operatorship and a 51 % equity share. In addition Statoil exits the non-core […]

  • Remontowa Hands Over Last of Four LNG Ferries to Norwegian Owner

    15 January 2013
    Business & Finance

    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 […]

  • Standard ETC pays $10 million for stake in Norwegian offshore drilling contractor

    6 May 2022
    Business & Finance, Business Developments & Projects

    S.D. Standard has acquired an interest in the Norway-based offshore drilling contractor, Dolphin Drilling, through an equity issue.

  • Statoil Submits Plan for Snorre Expansion Project

    21 December 2017
    Operations & Maintenance, Research & Development

    Statoil has submitted a plan for development and operation (PDO) of the Snorre Expansion Project to the Norwegian authorities on Thursday. In addition to the PDO being submitted, Statoil is also signing contracts worth NOK 9 billion for the project, located in the Tampen area offshore Norway. The company signed the contract for the subsea production […]

  • Norway’s Equinor reveals its first energy transition plan ahead of advisory vote

    19 April 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Outlook & Strategy, Transition

    Equinor has released its first energy transition plan, providing an overview of how it is progressing towards its 2050 net-zero ambition.

  • In focus: Offshore renewables and green hydrogen set to herald in a new energy paradigm

    23 September 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    The global energy sector’s transition from fossil-based systems of energy production to renewable energy sources is proving to be an increasingly challenging goal to attain, especially in the context of current energy security and supply setbacks. However, offshore renewable energies – mainly offshore wind and marine energy – backed up with innovation in green hydrogen production, stand to significantly accelerate the energy paradigm shift awaited worldwide.

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

    7 November 2011
    Business & Finance

    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 […]

  • Three players rolling up their sleeves to make two North Sea prospects drill-ready following licence split

    4 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy

    A new licence group has been formed while an extended work period has been granted for a licence, which has been stratigraphically split.

  • ONE, StormGeo partner up to enhance safety, fuel efficiency of 250-strong fleet

    11 May 2021
    Business Developments & Projects, Collaboration, Equipment, IT & Software, Research & Development, Technology, Vessels

    Singapore-based Ocean Network Express (ONE) has teamed up with Norwegian weather forecasting provider, StormGeo to boost its fleet safety and efficiency of its 250-vessel fleet.

  • PHOTO: OneSubsea Delivers Gullfaks Wet Gas Compressor to Statoil

    19 March 2015
    Business & Finance, Equipment, Operations & Maintenance

    The world’s first subsea wet gas compression system is ready to be installed on the seabed and tied back to the Gullfaks C platform to provide another 22 million barrels of oil equivalent from the Gullfaks South Brent reservoir. “I’m very proud of this project. Subsea compression is a game changer for subsea processing and […]

  • In focus: Battle to accelerate green energy programs continues

    18 November 2022
    Business Developments & Projects, Infrastructure, Technology

    Winter is almost here and concerns over the security of energy supplies are on the rise. Governments and industries are trying to find ways to tackle both energy and climate crises at the same time. The never-ending battle with new regulations to accelerate green energy programs and address high prices also continues. Earlier this week, German […]

  • North Sea: EDSA to Deploy New Groundbreaking System to Offshore Oil Field

    20 April 2010
    Equipment

    EDSA,the leading developer of power analytics solutions for the design, testing, and management of complex electrical power systems, today announced the successful completion of the Factory Acceptance Test for a groundbreaking new electrical power analytics, supervision and diagnostic system, scheduled to be deployed in a 40,700 barrel-per-day oil field in the North Sea. When deployed, […]

  • Norway: Statoil Will Boost Recovery with Subsea Gas Compression

    17 June 2011
    Business & Finance, Equipment, Operations & Maintenance

    Statoil wants to compress gas on the seabed to boost recovery. Subsea compression was recently selected as the preferred concept for Gullfaks. “Gas compression on the seabed represents an important advance in technology, and once again, Statoil is leading the way for development of new technology. This is one of our most important measures for […]

  • Statoil: Subsea Gas Compression Will Boost Recovery (Norway)

    17 June 2011
    Business & Finance

    Statoil wants to compress gas on the seabed to boost recovery. Subsea compression was recently selected as the preferred concept for Gullfaks. “Gas compression on the seabed represents an important advance in technology, and once again, Statoil is leading the way for development of new technology. This is one of our most important measures for […]

  • Kvaerner’s 3Q order intake, profit grow

    28 October 2019

    Norwegian offshore engineering and construction company Kvaerner has reported an increase in order intake, revenues, and profit in the third quarter of 2019.

  • ROMAR Invests in R&D to Meet Oilfield Decommissioning Industry Demand

    11 July 2012

    Aberdeenshire-based oilfield service company ROMAR International has expanded its product range with the launch of a new swarf recovery unit, as a result of more than doubling investment in research and development (R&D). To ensure it can respond to the future increased demands of the offshore well plug and abandonment sector within the oilfield decommissioning […]

  • ULSTEIN Passes 100th Vessel Mark

    31 October 2013

    ULSTEIN’s latest design contract for Vroon Offshore Services pushes the total number of offshore ship designs sold past the 100 mark. This milestone has been achieved in 14 years, with 74 of the contracts signed for the X–BOW® design. The numbers behind that ‘headline hundred’ are a testimony to the firm’s versatility and proven collaborative […]

  • Ulstein Sold 100 Offshore Ship Designs in 14 Years

    31 October 2013
    Business & Finance

    ULSTEIN’s latest design contract for Vroon Offshore Services pushes the total number of offshore ship designs sold past the 100 mark. This milestone has been achieved in 14 years, with 74 of the contracts signed for the X–BOW® design. The numbers behind that ‘headline hundred’ are a testimony to the firm’s versatility and proven collaborative […]

  • Taking over where Faroe left off, Longboat to buy seven wells from mystery operator in Norway

    1 June 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Longboat Energy, established by the former management of Faroe, will carry out fundraising to pay for seven wells in Norway.

  • Langlee Signs Wave Energy Agreements at Canary Islands

    1 April 2014
    Business & Finance, Project & Tenders, Research & Development

    Langlee has put pen to paper on agreements with clients, local government, and technology partners in the Canary Islands. Industrial partners and investors are now invited to participate in the commercialisation phase. Canary Islands Regional Minister of Employment, Industry and Commerce, Francisca Luengo, recently announced that the Islands need this type of technology and local government will […]

  • ULSTEIN Sells 100th Offshore Ship Design

    31 October 2013
    Business & Finance, Research & Development

    ULSTEIN’s latest design contract for Vroon Offshore Services pushes the total number of offshore ship designs sold past the 100 mark. This milestone has been achieved in 14 years, with 74 of the contracts signed for the X–BOW® design. The numbers behind that ‘headline hundred’ are a testimony to the firm’s versatility and proven collaborative […]