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Oil and gas production is expected to resume from the Visund platform in the North Sea in mid-June. Tests and repair work following the gas leak on 19 January will then be completed.
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Statoil has concluded its in-house commission of inquiry following the gas leak on the Visund platform in the North Sea on 19 January. The underlying cause was a design fault on a knock-out drum.
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A metal plate which came loose from the flare tank in the piping system for the flare was the direct cause of the gas leak which occurred on Statoil
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Production on the Statoil-operated Visund platform in the North Sea was shut down just after midnight on 19 January, after gas and fire detectors were activated on the platform. It has been visually confirmed that there were no flames.
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Authorities & Government, Business & Finance, Business developments & projects, Exploration & Production, Regulation & policy
Equinor has made a minor oil discovery near the Vigdis field in the North Sea offshore Norway.
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Equipment, Innovation, Research & Development, Technology
Aker Solutions has developed a modified workover system that enables faster and more cost-effective planned interventions. The concept will pioneer on Equinor’s Visund field in the North Sea. Workover systems enable safe well access for subsea installation and completion, diagnostics, maintenance, repairs, enhanced production and finally plugging and abandonment. The operational concept entails delivering Aker […]
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Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Transocean Norge drilling rig.
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Equinor has selected several suppliers for inspection services on all offshore installations on the Norwegian continental shelf and onshore plants in Norway. Along with the previously announced contract by Aker Solutions, Equinor has also selected Axess, Oceaneering Asset Integrity and IKM Operations for the work, taking effect from January 01, 2020. The agreements have a […]
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Business & Finance, Equipment, Research & Development
IKM Subsea recently welcomed Norwegian minister of Petroleum and Energy Kjell-Børge Freiberg to it Bryne headquarters. Freiberg had invited himself together with representatives from his Government department to view the ROV Onshore Control Center. “This is like science fiction,” Freiberg was quoted saying. He also added that there is high demand for modern Norwegian technology […]
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The PSA has found irregularities during an audit related to an application for an Acknowledgment of Compliance for the Transocean Norge mobile drilling rig.
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Spanish oil firm Repsol posted a net income for the first quarter of the year of 608 million euros, almost even compared to last year’s 1Q income of 610 million euros.
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Equinor has hired Shearwater GeoServices for a 4D seismic survey at the Troll unit in the Norwegian sector of the North Sea. The survey will be carried out this summer.
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Business & Finance, Operations & Maintenance
The Norwegian Petroleum Directorate (NPD) is giving a green light to using the C platform on the Gullfaks field in the North Sea until 30 June 2036. This corresponds to the entire period of the production licence. In its application, Equinor notes that the facility can be operated at a profit up to 2032, with […]
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The Norwegian Petroleum Directorate is giving a green light to using the C platform on the Gullfaks field in the North Sea until June 30, 2036.
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Business & Finance, Operations & Maintenance
Equinor has made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea. The resources are estimated at 12-28 million barrels of recoverable oil. “We are pleased to have made a new discovery on Equinor-operated acreage on the Norwegian continental shelf (NCS). These are profitable barrels that can […]
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Equinor has made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea, offshore Norway. According to Equinor, the resources are estimated at 12-28 million barrels of recoverable oil.
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Geoservices company Shearwater GeoServices has been awarded three 4D seismic surveys by Equinor to be conducted this summer.
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Shearwater GeoServices has secured an award of three 4D seismic surveys by Equinor to be conducted this summer in the North Sea and Barents Sea. Equinor has awarded Shearwater a multi-project contract, with three surveys to be conducted in 2019 at the Kvitebjørn & Valemon, Visund and Snøhvit fields. The first survey is scheduled to start […]
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Spanish oil company Repsol will acquire French oil major Total’s 7.65% stake in Norway’s Mikkel field, offshore Norway. This will boost the company’s production in Norway to 32,000 barrels of oil equivalent a day.
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Wellesley Petroleum has received consent from the PSA to drill exploration wells in the North Sea with the Transocean Arctic rig.
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Spanish oil company Repsol recorded an increase in its profit for the third quarter of 2018 driven by improvement in its upstream business. Repsol said on Wednesday that its operating income for the third quarter 2018 increased to 934 million euros from 653 million euros in the same period last year. Repsol’s adjusted net income […]
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Equinor has signed collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services.
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Offshore driller Transocean has scored a six-well contract with Equinor for the newbuild, harsh environment semisubmersible Transocean Norge.
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Business & Finance, Equipment, Operations & Maintenance, Project & Tenders
Subsea World News has put together a recap of the most interesting articles from the previous week (September 03 – September 09). Pipe Laying Kicks Off for Nord Stream 2 in Gulf of Finland Saudi Aramco Awards Marjan Field Deal to BHGE Bibby Offshore Completes North Sea Project Promethean and Subsea 7 Team Up in […]
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Business & Finance, Exploration & Production
Odfjell Drilling has signed a firm contract for its Deepsea Atlantic semi-submersible drilling rig with Equinor – formerly Statoil.