341 results found for 'johan castberg'

341 results found for 'johan castberg'
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  • North Energy to spud its first well as operator in 2015?

    16 May 2014

    Norwegian explorer North Energy is looking forward to participating in several wells over the coming year, and is also working for a possible drilling project as operator during 2015.

  • Aker Solutions profit jumps amid signs of market rebound

    27 April 2018
    Business & Finance

    Norwegian oil services company Aker Solutions saw an increase in its quarterly profit and revenues amid signs of a market rebound. 

  • Sembcorp Marine swings to loss

    20 July 2018
    Business & Finance

    Singapore’s rig builder Sembcorp Marine posted a loss for the second quarter of 2018 despite recording a significant increase in revenues during the period.  The company on Friday posted a net loss of $55.6 million for the second quarter of the year compared to a profit of $5.1 million in the same period a year […]

  • Equinor reduces investment estimates for projects in development phase by $3.6 billion

    8 October 2018

    Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion since the development plans were submitted to Norwegian authorities.

  • Norway doubles oil and gas resources estimate for Barents Sea

    26 April 2017

    The undiscovered oil and gas resources in the Barents Sea are twice as large as previously assumed, according to new calculations by the Norwegian Petroleum Directorate (NPD), Norway’s petroleum resources regulator.  The Norwegian Petroleum Directorate has recently mapped the eastern part of the northern Barents Sea – an area of about 170,000 square kilometers, 10,000 square […]

  • Statoil, Eni hire Bristow helicopters for Norwegian offshore ops

    18 September 2017

    Oil companies Statoil and Eni have jointly awarded Bristow a contract for one SAR helicopter, and one transport helicopter, which can be converted to a SAR helicopter when needed. Both are Sikorsky S-92 helicopters. Each contract has a duration of five years with options to extend by up to three years. The two helicopters will serve […]

  • Lundin finds oil and gas in Filicudi prospect

    24 February 2017
    Exploration & Production

    Lundin Norway, operator of production license 533, has completed the drilling of wildcat well 7219/12-1 and appraisal well 7219/12-1 A, in the Barents Sea. The well proved oil and gas. The company gained a drilling permit for the wildcat in September 2016 and for the appraisal in January 2017. The prospect is named Filicudi. According […]

  • Norwegian oil & gas player cleared to deploy COSL rig for Barents Sea drilling activities

    10 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Vår Energi has received the all-clear from Norway’s authorities to use one of COSL Drilling Europe’s semi-submersible rigs for drilling operations at three wells in the Barents Sea.

  • Equinor gets the go-ahead for drilling ops in Barents Sea

    26 January 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety

    Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.

  • Statoil prepares ‘major’ exploration campaign in Barents Sea

    30 August 2016

    Norwegian oil company Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017. During the past months, Statoil has increased its share in several licenses in the Norwegian part of the Barents Sea through agreements with Point Resources, DEA, OMV, and ConocoPhillips. Statoil has increased its interest in five […]

  • Norway expects to see two major field development plans in 2017

    12 January 2017

    The Norwegian Petroleum Directorate (NPD), a government agency whose task is to manage the oil & gas resources on the Norwegian Continental Shelf, expects ten new plans for field developments in the next few years, with two major ones expected this year.  The regulator on Thursday issued a report detailing the Norwegian shelf’s performance in 2016 […]

  • Update: North Sea platform still offline after smoke incident

    23 October 2024
    Business Developments & Projects, Exploration & Production, Safety

    Equinor has confirmed that the production at an unmanned production platform on a gas field in the North Sea offshore Norway remains shut in, following the appearance of smoke, with no impact on committed gas exports currently anticipated.

  • Vår Energi and Equinor agree on gas export solution offshore Norway

    25 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norwegian Vår Energi and Equinor have approved concept selection (DG2) for gas export from the Goliat oil and gas field to the Snøhvit pipeline for further transport to Hammerfest LNG. Operated by Vår Energi (65%) with Equinor as a partner (35%), Goliat is located in the Barents Sea, approximately 80 kilometers northwest of Hammerfest. The […]

  • Fresh multi-year extension for UK firm covering Equinor’s oil & gas assets off Norway

    16 September 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Tendeka has inked a multi-year extension deal to provide sand and inflow control technology across Equinor’s oil and gas assets on the NCS.

  • 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 […]

  • Havfram to back MODEC on Senegal’s first offshore oil development

    20 June 2022
    Business & Finance, Business Developments & Projects, Equipment

    Havfram has secured a contract by MODEC Offshore Production Systems (Singapore) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) vessel destined for Senegal. MODEC will supply the facility to Woodside as part of the Sangomar Field Development Phase 1 project, Senegal’s first offshore oil development. Under the […]

  • Statoil hands out subsea contracts to Aker Solutions, TechnipFMC, OneSubsea

    14 December 2017
    Business & Finance

    Norwegian oil company Statoil has awarded new subsea maintenance framework agreements to Aker Solutions, TechnipFMC and OneSubsea. 

  • NPD: Norwegian shelf still holds significant resources

    3 April 2014

    The Norwegian Petroleum Directorate (NPD) believes that oil reserves could grow by 1200 million standard cubic metres (Sm 3 ) over the next ten years. The new target was launched when the NPD presented its resource report on 3 April. The report provides an overview of the resources in fields and discoveries on the Norwegian shelf […]

  • 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 […]

  • Statoil and Rosneft Move Forward with Exploration Cooperation

    21 June 2013
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Statoil and Rosneft signed agreements that complete the contractual framework of their Joint Venture to explore offshore frontier areas in the Sea of Okhotsk and in the Barents Sea. The companies have also concluded a Heads of Agreement to explore shale oil opportunities in the Samara region. The agreements were signed by Statoil CEO Helge […]

  • Norway: Statoil Records Solid Q2 Results

    25 July 2013

    Statoils second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion. “Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway. We are on track and maintain our guidance for 2013,” says Helge Lund, Statoil’s president and CEO. “Our financial results were […]

  • Norway’s offshore wells in 2019 could challenge all-time high levels, Rystad says

    16 October 2019

    While global offshore exploration activity has been flat year-to-date, the situation has been far more buoyant on the Norwegian Continental Shelf.

  • Statoil Delivers Strong Earnings from International Portfolio

    25 July 2013
    Business & Finance, Operations & Maintenance

    Statoil’s second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion. “Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway. We are on track and maintain our guidance for 2013,” says Helge Lund, Statoil’s president and CEO. “Our financial results […]

  • Statoil, Rosneft to Conduct Joint Exploration Offshore Russia

    21 June 2013

    Statoil and Rosneft today signed agreements that complete the contractual framework of their Joint Venture to explore offshore frontier areas in the Sea of Okhotsk and in the Barents Sea. The companies have also concluded a Heads of Agreement to explore shale oil opportunities in the Samara region. The agreements were signed by Statoil CEO […]

  • PSA Norway looking at early PDO inclusion

    31 March 2014
    Business & Finance

    Closer follow-up in the initial stage of a project ensures fewer nonconformities and reduces the need for difficult and expensive modifications. The Petroleum Safety Authority now aims to step up such monitoring. Many decisions have to be taken when a field is being developed or substantially modified. And each of these choices will influence the […]