961 results found for 'johan sverdrup'

961 results found for 'johan sverdrup'
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  • Lundin drills two dry wells offshore Norway

    11 February 2014

    Lundin Norway AS, operator of production licence 501, has completed drilling of wildcat wells 16/2-20 S and 16/2-20 A (Torvastad prospect) in the Norwegian part of the North Sea. According to the Norwegian Petroleum Directorate the wells are dry.   The wells were drilled about 3.2 kilometres northwest of appraisal well 16/2-9 S on the […]

  • 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.

  • Det norske moves to cut costs. Posts net loss for 3Q

    4 November 2015
    Business & Finance

    Norway’s Det norske oljeselskap reported a net loss of $166 million in the third quarter 2015, compared to a net loss of $17 million in the third quarter of 2014. Revenues were $281 million in the third quarter of 2015, compared to $18 million in the third quarter of 2014. The Norwegian independent oil company said […]

  • Statoil eyes Odfjell Drilling rig for six firm wells

    16 April 2018
    Business & Finance, Exploration & Production

    Odfjell Drilling has been awarded a conditional letter of intent (LOI) by Statoil for a drilling contract for Deepsea Atlantic rig.

  • Maersk Oil: Production rises in 1Q. Profit at $346M

    21 May 2014

    Danish oil company Maersk Oil made a profit of $346m million in the first quarter of 2014, in line with $346 million earned in 1Q 2013. The result is positively affected by average entitlement production of 256,000 boepd ( 1Q 2013: 239,000 boepd) offset by lower average oil prices of $108 per barrel (1Q 2013: $112 per […]

  • Lundin to boost capex in 2017

    19 January 2017

    Swedish oil company Lundin Petroleum plans for its 2017 development, appraisal and exploration budget of $1.3 billion, an increase compared to $1.08 billion in 2016, to focus on Norway. As at December 31, 2016, Lundin’s proved plus probable working interest reserves are 743.5 million barrels of oil equivalents (MMboe) and its best estimate contingent resources are 267 […]

  • Equinor awards one more well to Odfjell rig

    19 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Odfjell Drilling has been awarded more work for its Deepsea Atlantic rig by Equinor in Norway.

  • Petrolia to Buy 10 Pct in Lundin’s PL 546

    15 January 2014
    Business & Finance

    Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has entered into an agreement with Lundin Norway AS to purchase 10% in PL 546 in the Greater Alvheim Area. PL546 is located north and adjacent to PL501 Johan Sverdrup in the Norwegian Sector of the North Sea. The transaction is pending approval from the authorities. The companies […]

  • Equinor to connect two extra offshore fields to power from shore solution

    28 October 2019
    Equipment, Project & Tenders

    Two Equinor-operated fields located offshore Norway, the Sleipner field centre and the Gudrun field, will receive power from shore to further reduce CO₂ emissions on the Norwegian Continental Shelf. 

  • Most popular news of the week Feb 10 – 16, 2014

    16 February 2014

    Read the most popular news of the week. New rigs, offshore support vessels, investment decisions, FLNG, Johan Sverdrup and more

  • Statoil Splashes NOK 1.6 Bln on New Contracts

    3 February 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Norway’s Statoil has handed out contracts for Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog, the company said on Wednesday. The contracts, awarded on behalf of the licence partners, include marine operations, marine construction, engineering, procurement and construction (EPC) of an unmanned wellhead platform as well as modifications at the Oseberg Field Centre. According to […]

  • Jacktel: Costs rise for Haven rig upgrade

    26 September 2016

    Norwegian oil giant Statoil in November 2015 signed a contract with Jacktel, a Master Marine AS subsidiary, for the provision of accommodation services at the giant Johan Sverdrup field, offshore Norway. It was then agreed that Jacktel’s accommodation rig Haven, to be deployed for the job, would undergo upgrades at a yard in Norway. The contract value […]

  • Douglas Westwood: North Sea – Hope for Declining Production?

    12 May 2014

    Western Europe will continue to rely on imported Russian gas into the 2020s as mature offshore provinces struggle for growth, while large-scale shale gas extraction looks increasingly unlikely in the medium term, Douglas Westwood said in its DW Monday report. Following Moscow’s intervention in Ukraine and the resulting strained diplomatic ties with the West, it […]

  • Subsea 7 Picks Shawcor Coating for Two Offshore Projects

    8 October 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Shawcor’s pipe coating division has entered into contracts with Subsea 7 to provide coating services for two offshore pipeline projects, the Johan Sverdrup Phase 2 project offshore Norway and a subsea tieback project offshore Australia. These projects will be executed at Shawcor’s Norwegian and Asia Pacific coating facilities during 2020. Coating works under these contracts […]

  • Det norske buys Marathon Norway for $2.1B

    2 June 2014
    Business & Finance

    Det norske has entered into an agreement to acquire Marathon Norway for a cash consideration of USD 2.1 billion (NOK 12.6 billion). The cash consideration is based on a gross asset value of USD 2.7 billion and is adjusted for debt, net working capital and interest on the net purchase price. The effective date of the transaction is 1 […]

  • Statoil’s Johan Sverdurp Appraisal Well Confirms 14m Oil Column (Norway)

    7 March 2013

    Norway’s oil giant Statoil has, by basic wireline logging, confirmed a 14 meter oil column in well 16/5-3, located in PL 502 in the Norwegian sector of the North Sea. The well is being drilled in the southern extension of the Johan Sverdrup area. Logging in the reservoir section is still in an initial phase […]

  • VIDEO: First module for Sverdrup drilling platform on its way to Norway

    9 August 2017
    Project & Tenders

    The main support frame (MSF) module for Statoil’s Johan Sverdrup drilling platform has sailed away from Thailand to its location offshore Norway. The Johan Sverdrup drilling platform will consist of three modules, built at three different yards. Oil services company Aibel recently completed the MSF module, which was the company’s largest individual delivery to date. Weighing […]

  • Det norske makes $27M in Q2 2014

    17 July 2014
    Business & Finance, Project & Tenders

    Det norske oljeselskap has reported revenues of  NOK 454 (286) million ($73 million) in the second quarter, where petroleum revenues account for NOK 143 million and other revenues account for NOK 311 million, relating to gain from two asset swaps resulting in a 40% ownership in PL457. Exploration expenses amounted to NOK 123 (271) million, contributing to an operating gain […]

  • Odfjell asked to address nonconformities on semi-submersible rig

    14 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety

    Norwegian offshore safety regulator has carried out an audit of Odfjell Drilling and its risk management on one of its semi-submersible rigs.

  • Odfjell rig lands more work with Equinor

    17 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore rig owner Odfjell Drilling has been awarded more work for one of its semi-sibmersible rigs from Equinor in Norway.

  • Strike averted and deal reached to avoid field shutdown

    16 February 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Human Capital

    Equinor has said that there will be no strike at Mongstad refinery as the employers’ organisation and the workers’ union have managed to make a deal.

  • Statoil’s senior vice president to join Aker BP’s management team

    7 May 2018
    Business & Finance

    Aker BP has appointed a new senior vice president of operations to join the executive management team.

  • Cliffhanger Core Sampling Confirms Oil Shows (Norway)

    25 July 2013
    Business & Finance, Project & Tenders

    Det norske oljeselskap ASA has, as partner in PL 265 (20 percent), explored a potential on the basement high to the west of the main fault and to the west of the Johan Sverdrup field. Exploration well 16/2-18 S, the Cliffhanger North prospect, did not find sandstone reservoir from the Jurassic in the primary objective. Core sampling […]

  • Equinor Taps IKM for Pipeline Study Off Brazil

    10 March 2020
    Project & Tenders, Research & Development

    IKM Ocean Design has been awarded a pipeline study contract by Equinor for its ultra deepwater project in Brazil. The scope includes a pipeline concept study for gas export from the BM-C-33 field to the coast of the Rio de Janeiro state in Brazil. “This work will be a continuation of the IKM Ocean Design […]

  • Highlights of the Week

    16 August 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (August 10 – August 16). Oceaneering’s UK subsidiary has, on August 7, completed the acquisition of a minority equity interest in Viper Subsea Technology. “There will be no change in the day to day management team or management […]