10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • UK: Trapoil Provides Romeo Well and Athena Acquisition Update

    27 December 2012
    Business & Finance, Operations & Maintenance

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, provides an operational update with regard to the Romeo well and the Athena acquisition. Romeo Well Operations are continuing on the Romeo (Licence P.1666, Block 30/11c) exploration prospect (“Romeo”) (Trapoil 12.5 per cent. […]

  • Denmark, Norway, & US head Zero-Emission Shipping Mission

    2 June 2021
    Authorities & Government, Collaboration, Environment, Innovation, Outlook & Strategy, Research & Development, Transition, Vessels

    The governments of Denmark, Norway, and the United States, along with the Global Maritime Forum and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, will lead a new Zero-Emission Shipping Mission as part of Mission Innovation. The mission aims to accelerate international public-private collaboration to scale and deploy new green maritime solutions, setting international […]

  • UK-US partnership sets its cap on enhancing oilfield market offerings

    11 June 2025
    Business & Finance, Business Developments & Projects, Collaboration

    Odfjell Technology (OLT) and Oilfield Service Professionals (OSP) have forged a bond to advance operational performance, efficiency, and innovation across international oilfield markets.

  • 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.

  • 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 […]

  • Sea1 orders two methanol-ready offshore energy support vessels from China

    5 November 2024
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for two next-generation offshore energy support vessels (OESVs) that will be methanol-ready. Bernt Omdal, CEO of Sea1, said that the investment is part of the company’s growth strategy and confirmed that negotiations are ongoing with Cosco […]

  • Magseis in Malaysia Win

    15 December 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Norwegian ocean bottom seismic specialist, Magseis, has been awarded a contract by Petronas Carigali Sdn. Bhd. in Malaysia, through its local partner Dialog Services Sdn. Bhd. The letter of award was previously announced in November, however, the company did not disclose any additional information. The contract will see Magseis carry out seabed seismic acquisition using […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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.

  • 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 […]

  • TotalEnergies picks marine warranty surveyor for decom work in North Sea

    17 April 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    ABL Group has been appointed as marine warranty surveyor for the decommissioning operations at a field in the Dutch sector of the North Sea.

  • 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 […]

  • Will the UK’s huge new oil & gas project overcome the hurdles in its path?

    5 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

  • 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.

  • 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. 

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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. […]