10000 results found for 'Norwegian Sea'

10000 results found for 'Norwegian Sea'
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  • Norway: AX-S System Onboard Havyard Designed Vessel ‘Havila Phoenix’

    11 June 2012
    Business & Finance

    There are great things happening aboard the vessel “Havila Phoenix” nowadays. During the last two years there have been installations and tests of a whole new system likely to revolutionise the offshore light well intervention market. The vessel, a Havyard 858 design, is designed and constructed by the ship technology group, Havyard Group AS, and […]

  • Wintershall: Europe Must Continue to Use Its Own Oil and Gas Deposits to the Full

    22 January 2014

    Europe is in danger of getting left behind due to the major shifts in the global energy structure: while the USA and the emerging nations in Asia will expand their share of the global market considerably, the production and export of energy-intensive goods of the EU will fall by about a third by 2035, the […]

  • Wintershall Dea hires hybrid platform supplier duo from Solstad

    17 December 2019
    Business & Finance, Equipment

    German oil and gas company Wintershall Dea has hired two platform supply vessels from Norwegian vessel owner Solstad Offshore.

  • In focus: Energy system transformation gathers pace with government-backed innovations

    25 February 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Human Capital, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.

  • Statoil starts laying cable to power Johan Sverdrup field from shore

    14 May 2018
    Project & Tenders

    The laying of the cable for the supply of the Johan Sverdrup field with power from shore started last week.

  • Seabed Geosolutions takes two Eidesvik vessels

    13 May 2019
    Business & Finance

    Norwegian shipping company Eidesvik Offshore has entered into a long-term Master Time Charter Agreement with Seabed Geosolutions.

  • Eight cross-border energy infrastructure projects secure €600 million-bundle of financial support from EU  

    20 June 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    European Climate, Infrastructure and Environment Executive Agency (CINEA) has inked almost €600 million in grant agreements for eight cross-border energy infrastructure projects, entailing ten countries and covering electricity, gas, CO2, and smart grids. Five of these eight projects are focused on CO2 networks.

  • Floating wind turbines: A promising start

    11 October 2012

    The bulk of the current plans for European offshore wind power are intended for construction in the relatively shallow North Sea. However, many European countries, including Portugal, do not border shallow seas. Their sea beds have steep descending slopes and much greater water depths not suited for current techniques. If a viable technique can be […]

  • Magseis Fairfield CFO Resigns

    8 March 2019
    Business & Finance

    Norwegian seabed seismic services player Magseis Fairfield has informed that chief financial officer, Tom Henrik Sundby, has resigned from his position. Tom H. Sundby joined Magseis Fairfield in April 2018, from the position of finance director of BerGenBio. Following the resignation of Sundby, the company appointed Kevin Crosby as interim CFO effective immediately. Kevin comes from the position […]

  • Statoil adds two more years to TCO’s contract

    4 July 2016
    Business & Finance, Equipment

    TCO, a Norwegian oilfield services company, has been awarded a contract extension with Statoil. TCO said on Monday that the contract entails providing Statoil with disappearing glass plugs and a chemical injection system. The deal is a two-year extension of a contract signed between the companies in 2014. Halle Aslaksen, TCO CEO, said: “The first […]

  • WSA Department Cuxhaven to Receive New Survey Ship, Germany

    10 October 2012
    Business & Finance

    No Limit Ships Shipyards has been commissioned by the German Wasser- und Schiffahrtsamt to build a purpose-designed No Limit 1640 survey ship for the WSA department Cuxhaven. The vessel has a limited draught, which allows it to inspect shallow waters and groynes in the River Elbe, while its robustness also makes it suitable for difficult […]

  • Fred. Olsen Energy reports revenue decrease in offshore drilling division

    7 May 2014
    Business & Finance

    Fred. Olsen Energy has announced financial results for Q1 2014. The company has reported an operating profit before depreciation (EBITDA) of $102 mln in Q1 2014. Financial Information (4th quarter 2013 in brackets) Operating revenues in the quarter were 277.8 million (298.0 million), a decrease of 20.2 million compared with the previous quarter. Revenues from the […]

  • Top Stories of the Week (Jul 1 – Jul 6, 2013)

    7 July 2013

    BMT and DSME to Deliver the Norwegian LSV BMT Defence Services Ltd, a subsidiary of BMT Group Ltd, has been confirmed as design contractor for the Norwegian Defence Logistics Organisation’s (NDLO) logistics and support vessel (LSV), supported by sister companies BMT Reliability Consultants Ltd and BMT Isis Ltd. The new logistic support vessel will be […]

  • PHOTO: Completion of Åsgard Subsea Compressor in 2015

    11 December 2014
    Operations & Maintenance

    During 2015 the world’s first subsea compressor will be completed at the Åsgard field off mid-Norway, Statoil announced. The Åsgard field comprises the Midgard, Smørbukk and Smørbukk South discoveries. According to Statoil, Åsgard ranks among the largest developments on the Norwegian continental shelf, embracing a total of 52 wells drilled through 16 seabed templates. The […]

  • Nautricity’s tidal turbine up for retrieval

    21 March 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    Scottish tidal energy developer Nautricity plans to retrieve its CoRMaT tidal turbine installed off Orkney next week.

  • Aker BP awards new contracts to enable Valhall to operate up to 2060

    13 December 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aker BP has awarded FEED contracts valued as part of its efforts to extend the life of the Valhall field located off Norway.

  • Statoil swaps Edvard Grieg stake for Lundin shares

    3 May 2016
    Business & Finance

    Norwegian oil giant Statoil has entered into an agreement with Lundin Petroleum to divest its entire 15 percent interest in the Edvard Grieg field, in the central North Sea, for an increased shareholding in Lundin Petroleum. To remind, Statoil already acquired 37,101, 561 shares in Lundin Petroleum at a total purchase price of approximately SEK 4.6 […]

  • Siem Offshore vessel to feature Vard hybrid battery packs

    26 October 2021
    Business & Finance, Business Developments & Projects, Technology

    Vard Electro has secured a contract to deliver its SeaQ Energy Storage System (ESS) with two battery packs and a DC link to Siem Offshore.

  • Rig market, oil & gas mergers and JV blockbuster moves mark 2024

    2 January 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top contenders with a long market life span to benefit from a spike in global energy demand.

  • Green Light for Magseis – Fairfield Deal

    7 December 2018
    Business & Finance, Equipment

    Norwegian seabed seismic services player Magseis has gained competition clearance from the Federal Trade Commission and the Antitrust Division of the United States Department of Justice to acquire the Seismic Technologies business from Fairfield. The acquisition comprises data acquisition, nodal and system sale & rental activities including all shares in Fairfield’s wholly owned UK subsidiary […]

  • Nexans to Connect Norway and Germany

    12 February 2015
    Storage

    February was a successful month for the French cabling specialist, Nexans. After securing Kriegers Flak onshore cabling contract earlier this month, the company has signed another deal for NordLink project worth EUR 0.5 billion. According to the agreement, Nexans will design, manufacture and install two 525 kV cable subsystems, with a total length of more than 700 […]

  • Statoil preps ‘world’s first subsea wet gas compressor’ for Gullfaks

    28 October 2014
    Equipment, Exploration & Production, Project & Tenders

    Statoil has informed that the “world’s first subsea wet gas compressor station” is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015. By adding 22 million extra barrels of oil equivalent from the Gullfaks South Brent reservoir the compressor will help extend […]

  • Magseis Selects Sonardyne Tech for OBS Node Positioning

    4 October 2017
    Business & Finance, Equipment, Operations & Maintenance

    Subsea technology manufacturer, Sonardyne UK has won a contract from Norwegian seismic services company, Magseis for seabed node acoustic positioning technology. The equipment ordered includes Sonardyne’s newly-developed SST 6 (Small Seismic Transponder 6), and associated vessel-based acoustic positioning system, Ranger 2 USBL (Ultra-Short BaseLine). All the hardware will be installed and operated by Magseis’ latest […]

  • MMO Gives Go-Ahead to UK-Norway Interconnector

    3 December 2014
    Authorities & Government, Storage

    Works associated with the laying of the undersea electricity cable between the UK and Norway have been approved by the MMO. The Norwegian government gave consent for the development in its waters in October 2014 with the Secretary of State for Climate Change, Ed Davey, commenting on its significance. The high-voltage direct current (HVDC) cable […]

  • Norbit bags multiple WINGHEAD multibeam tech orders

    17 March 2022
    Business & Finance, Business Developments & Projects, Technology

    Norwegian Norbit Subsea has secured a number of contracts with surveying companies related to its WINGHEAD multibeam technology.