970 results found for 'johan sverdrup'

970 results found for 'johan sverdrup'
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  • Lundin Petroleum’s 2P Reserves at 194 Million Barrels

    22 January 2014

    Lundin Petroleum AB, a Swedish independent oil and gas exploration and production company, has announced that as at 31 December 2013 its net proven and probable working interest reserves (“2P Reserves”) are 194.1 million barrels of oil equivalent (MMboe), its best estimate (“2C”) Contingent Resources excluding the Johan Sverdrup field are 342 million barrels of oil […]

  • Norway: Det Norske Provides Third Quarter Results

    2 November 2012
    Business & Finance, Operations & Maintenance

    Det norske oljeselskap ASA reports an increase in contingent resources in the third quarter due to the Geitungen discovery, which now constitutes part of the Johan Sverdrup discovery. The Ivar Aasen project made good progress in the quarter, and Plan for Development and Operation (PDO) will be submitted this year. In the third quarter Income […]

  • Odfjell Drilling firms up two contract awards with Equinor

    23 November 2020
    Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Odfjell Drilling has firmed up contract awards with Equinor for drilling operations on two projects in Norway.

  • Det norske picks AGR for annual reserves review

    29 August 2016
    Business & Finance

    AGR, a construction and engineering project management, HSEQ, reservoir and field management service company, has signed a Frame Agreement with Det norske oljeselskap for annual, independent reserves report of the company’s reserves portfolio. AGR said on Monday that the agreement is for four years with options for Det norske to expand the scope to cover the […]

  • NPD gives green light for Statoil’s North Sea well

    28 March 2014

    The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-19 A, in the Norwegian part of the North Sea.

  • Equinor field at risk of shutdown over possible strike at Mongstad

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

    Norwegian oil and gas company Equinor has warned that possible strike action at the Mongstad refinery could affect offshore fields on the NCS.

  • Statoil to Use Ocean Vanguard in PL 265 (Norway)

    22 January 2014
    Business & Finance, Project & Tenders

    The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-19, in the Norwegian part of the North Sea. Well 16/2-19 will be drilled from the Ocean Vanguard rig at position 58°54’12.3” north and 2°29’37.8” east in production licence 265 in the central part of the North Sea. The drilling programme […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 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.

  • 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 […]