306 results found for 'ivar aasen'

306 results found for 'ivar aasen'
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  • Total divests half of its stake in Gina Krog field

    19 October 2015

    French oil and gas company Total is divesting a share in its Gina Krog development in the North Sea, offshore Norway. Namely, Sequa Petroleum N.V. has through its subsidiary Tellus Petroleum AS signed an agreement with Total E&P Norge AS to purchase interests of 30% in PL 029C, 14.78% in PL 029C and 21.8% in PL 048, representing […]

  • Aker BP gets all-clear to deploy Noble rig at North Sea oil & gas field

    7 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Aker BP has received consent from Norway’s regulator to use one of Noble’s rigs at a field located in the North Sea off Norway.

  • Norway: More than 1500 offshore rig workers might go on strike

    7 June 2019
    Exploration & Production

    More than 1500 offshore workers in Norway might go on a strike if a wage settlement with the Norwegian Shipowners’ Association – representing the companies – is not reached.

  • NPD: Discovery Rate Below Average in the First Six Months 2013 (Norway)

    28 June 2013

    The Norwegian Petroleum Directorate has announced that far this year, 28 exploration wells have been spudded on the Norwegian shelf. Of these, 19 were wildcat wells and nine were appraisal wells. Eight discoveries were made; six in the North Sea and two in the Norwegian Sea. “The past six months have been busy for the Norwegian […]

  • Norway greenlights plan for partial electrification of Sleipner field

    11 February 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Transition

    Norwegian Ministry of Petroleum and Energy has approved a revised PDO for partial electrification of the Equinor-operated Sleipner field off Norway.

  • Equinor picks Odfjell rig for another phase of Sverdrup drilling

    7 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development in Norway, following its work on phase 1.

  • Aibel to build second phase of Johan Sverdrup onshore power plant

    28 August 2018
    Business & Finance

    Equinor has awarded oil services company Aibel a contract to build the second phase of the onshore power plant for the Johan Sverdrup development.

  • First oil flows from Edvard Grieg field, offshore Norway

    30 November 2015
    Project & Tenders

    Swedish oil company Lundin Petroleum has informed that first oil from its Edvard Grieg field in the Norwegian sector of the North Sea was achieved on November 28, 2015. The Edvard Grieg field has commenced production and marks the beginning of a transformational increase in Lundin Petroleum’s production levels and cash flow generation going forward, […]

  • Lundin Sees First Oil from Edvard Grieg

    30 November 2015
    Business & Finance, Operations & Maintenance

    Sweden’s Lundin Petroleum has started oil production from the Edvard Grieg field in the Norwegian North Sea. According to the company, the first oil was achieved on November 28, 2015. Alex Schneiter, President and CEO of Lundin Petroleum, said: “I am extremely proud that we have delivered first oil from Edvard Grieg on schedule and on […]

  • WorleyParsons preparing Edvard Grieg platform for production from nearby fields

    17 October 2018
    Business & Finance

    WorleyParsons has won a contract to modify Lundin’s Edvard Grieg platform offshore Norway, to enable it to receive oil from nearby offshore oil fields.

  • Norwegian Government submits proposal for Johan Sverdrup PDO to Parliament

    28 April 2015

    On Friday, April 24, the Norwegian Government submitted a proposition to the Storting, the Norwegian Parliament, for the Plan for Development and Operation (PDO) for the first development phase step on the Johan Sverdrup field in the North Sea. Statoil and its partners in the project submitted their Plan for Development and Operation (PDO) for Johan […]

  • Centrica and Bayerngas Join Forces to Form New E&P Company

    17 July 2017
    Business & Finance, Operations & Maintenance

    Centrica and Stadtwerke München (SWM) have reached an agreement to combine Centrica’s European oil and gas exploration and production (E&P) business with Bayerngas Norge to form a newly incorporated joint venture  and create an independent European E&P company. The Joint Venture will have two shareholding entities. Centrica will own 69% and Bayerngas Norge’s existing shareholders, […]

  • Lundin marks first anniversary of Edvard Grieg production

    28 November 2016

    Lundin Norway has marked the first anniversary of production from its Norwegian Continental Shelf newcomer, the Edvard Grieg platform.  Oil and gas production from the Edvard Grieg platform started exactly one year ago and has been running almost continuously since the start-up on November 28, 2015, with production uptime at 96 percent. Lundin said on Monday […]

  • John Wood Group Issues Trading Update

    13 December 2013

    John Wood Group issued pre-close trading update for the year to 31 December 2013. The group has delivered good growth in 2013 and is confident of achieving performance for the year in line with expectations. In 2014, the mix of opex and capex activities in business and the contribution from completed acquisitions is expected to […]

  • Norwegian oil firm to invest over $15 billion in development projects

    29 August 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Norwegian oil and gas company Aker BP will invest NOK 150 billion or over $15 billion in development projects on the Norwegian continental shelf over the next five to six years.

  • NPD: Norway’s recoverable oil resources drop

    3 March 2015

    The Norwegian Petroleum Directorate has issued its resource accounts for the Norwegian continental shelf as of December 31, 2014. The NPD’s resource accounts estimate the total recoverable petroleum resources to be 14.1 billion standard cubic meters (Sm3) of oil equivalents (o.e.). This represents a slight decline from 2013. 6.4 billion Sm3, or 45 per cent of […]

  • Norway goes on oil & gas spree and gives its blessing to projects worth over $18.5 billion

    28 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Norway has greenlighted 19 oil and gas projects on the Norwegian continental shelf (NCS) with investments totalling more than NOK 200 billion (over $18.5 billion).

  • World’s biggest jack-up nearing Norway (Gallery)

    8 October 2014
    Business & Finance

    XLE 2, one of the world’s largest jack-up drilling rigs, is only a couple of days away from its final destination, Norway. Maersk Drilling, Danish offshore drilling contractor, has shared an image of the rig fixed on board the ‘Hawk’ heavy lift and transportation vessel. The XLE 2 jack-up rig was recently delivered by Singapore’s Keppel […]

  • Johan Sverdrup Phase 2 Plan Gets Go-Ahead

    15 May 2019
    Business & Finance, Equipment, Operations & Maintenance

    The plan for development and operation (PDO) of the second phase of the Johan Sverdrup field development was formally approved by Norwegian authorities on 15 May. The same day sees the construction start of the field’s second processing platform at Aibel’s yard in Haugesund. “This is a big day for Equinor and the other Johan […]

  • Lundin finishes Edvard Grieg development drilling campaign

    5 July 2018
    Exploration & Production

    Lundin has completed the PDO development drilling program at its operated Edvard Grieg field on the Utsira High in the Norwegian North Sea.

  • Halliburton to help Aker BP in accelerating digital transformation

    23 May 2022
    Business & Finance, Business Developments & Projects, Collaboration, IT & Software, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Halliburton has joined forces with Aker BP to develop a next-generation intelligent system, aiming to evolve field development planning.

  • Aker BP to splash $400 million on exploration and drill 13 wells in 2022

    10 February 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders

    Aker BP is planning to drill 13 exploration wells this year while also working to develop several projects in Norway, including a new Alvheim tieback.

  • Aker BP to drill 15 exploration wells in 2019. Plans to triple output by 2025

    18 January 2019

      Norwegian oil company Aker BP is raising its growth ambitions on the back of what it says is a strong performance in 2018. Aker BP on Friday said it plans to organically triple its production by 2025, to cut production costs from USD 12 to USD 7 per barrel by 2023, and to significantly […]

  • Lundin to increase output, accelerate decarbonisation strategy

    28 January 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition, Vision

    Swedish oil company Lundin Energy has announced it would be increasing its output in 2021 as well as accelerating its decarbonisation strategy.

  • NKT Victoria Starts Johan Sverdrup Power Cable Installation

    14 May 2018
    Operations & Maintenance

    Statoil has informed that the laying of the cable supplying Johan Sverdrup with power from shore has started. On Wednesday the cable laying vessel NKT Victoria began laying the cables that will supply the Johan Sverdrup field with power from shore. The starting point was the Johan Sverdrup converter station at Haugsneset near Kårstø, and by […]