961 results found for 'johan sverdrup'

961 results found for 'johan sverdrup'
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  • Norway: Det Norske Welcomes New Chief Financial Officer

    22 June 2012
    Business & Finance

    Det norske announces the appointment of Mr. Alexander Krane (36) as its new Chief Financial Officer. Mr. Krane has an MSc degree (”siviløkonom”) and is a Norwegian State Authorized Public Accountant. He comes to Det norske from Aker ASA, where he served as Corporate Controller. Previous positions have been with Norse Energy Corp. ASA and […]

  • Record output lifts Aker BP profit

    14 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Aker BP booked a higher profit in 2Q 2020 on the back of record-high production despite lower income impacted by low oil prices and the coronavirus pandemic.

  • Det norske starts drilling at Ivar Aasen field

    22 January 2015
    Exploration & Production

    Det norske oljeselskap ASA has initiated drilling at its Ivar Aasen field in the Norwegian part of the North Sea. The company is using the recently delivered Maersk Interceptor, dubbed the world’s largest jack-up rig, to drill three pilot wells in order to further map the subsurface. The drilling of the appraisal wells is expected to […]

  • Lundin bites dust in Kopervik wildcat (Norway)

    6 January 2015
    Exploration & Production, Project & Tenders

    Lundin Petroleum’s subsidiary Lundin Norway has completed the drilling of wildcat well 25/10-12S, located in the North Sea. The well is dry.  The well investigated the hydrocarbon potential of the Kopervik prospect in PL625, which is located 175 km west of Haugesund on the Norwegian west coast and approximately 20 km northwest of the Johan […]

  • Popular news, February 23 – March 1, 2015

    1 March 2015
    Exploration & Production

    What sparked your interest the most in the previous week was an article containing an infographic that details how oil prices affect everything. A research was carried out to investigate how the price of oil has had a huge effect on the global economy and how it impacts our lives in general. You will find that the […]

  • Statoil in New Agreements with Aker Solutions and OneSubsea

    8 January 2016
    Project & Tenders

    Statoil Petroleum has signed Master Service Agreements with Aker Solutions and OneSubsea Processing. The agreements signed form the basis for potential new EPC contracts (engineering, procurement and construction) for subsea equipment in the medium term future. An EPC option agreement for subsea production system (SPS) has also been signed with OneSubsea, including framework agreements for […]

  • Lundin Allowed to Drill New Well in North Sea (Norway)

    12 November 2012

    The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/2-16, cf. Section 8 of the Resource Management Regulations. Well 16/2-16 will be drilled from the Transocean Winner drilling facility at position 58°51’1.14’’ north 02°35’50.55’’ east for Lundin Norway AS in production licence 501. The drilling programme for well 16/2-16 […]

  • Three suppliers to bag $900 million from drilling contracts with Equinor

    16 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders

    Equinor has extended existing drilling contracts, covering 19 assets on the Norwegian continental shelf, with three companies.

  • InterMoor Sets Up Mooring Base in Norway

    25 October 2016
    Business & Finance, Equipment

    IOS InterMoor has opened a new mooring base in Fensfjord, Norway near Bergen. Located on the Wergeland Base in Sløvågen, the facility should provide mooring equipment storage, supply, inspection and maintenance for IOS InterMoor and its customers. The new base is ideally positioned to serve oil and gas rigs operating in the most active area of the North […]

  • Det norske Drills Dry Well on Heimdalshø

    29 August 2014
    Business & Finance, Operations & Maintenance

    Det norske oljeselskap ASA, as operator of production license 494, has completed the drilling of wildcat well 2/9-5S. The well was drilled about 30 km east of the Valhall field on the Heimdalshø prospect. 2/9-5S was the first well to test a new play concept in the Mandal High area, where Johan Sverdrup and Utsira […]

  • Modus Subsea Services gets £5 million term loan

    5 April 2023
    Business & Finance, Business Developments & Projects, Equipment, Outlook & Strategy, Research & Development

    UK’s Modus Subsea Services has secured a £5 million term loan from advisory and investment firm Gordon Brothers for the development of solutions. Modus said it had used the loan for refinancing with existing lenders and to assist in developing best-in-class solutions for clients globally. The UK firm is a pioneer in the use of underwater […]

  • Statoil set to drill North Sea wildcat well

    12 March 2018
    Exploration & Production

    The Norwegian Petroleum Directorate (NPD) has granted oil major Statoil a drilling permit for a wildcat well in the North Sea.

  • Det norske buys Svenska’s Norwegian subsidiary

    14 October 2015
    Business & Finance

    Det norske oljeselskap ASA, a Norwegian independent oil company, will acquire Svenska Petroleum Exploration AB’s Norwegian Subsidiary for $75 million. A privately held Swedish company’s subsidiary, Svenska Petroleum Exploration AS, has 15 employees in Norway, of which all will be transferred to Det norske. Svenska holds 13 licenses in Norway, including the Krafla/Askja (25%), Garantiana […]

  • PSA audits Ivar Aasen load-bearing

    27 June 2014

    From 23 to 25 April 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Det norske’s follow-up of the Ivar Aasen project. The objective was to verify that engineering of the load-bearing structures was in compliance with applicable regulations. No non-conformities were identified. Improvement points were identified in connection with redundancy controls;  Documentation; Non-conformity […]

  • Wood Mackenzie: Norway 5th in the World by Upstream Development Expenditure

    29 August 2012

    Wood Mackenzie estimates that upstream development expenditure in Norway will increase to US$25billion in 2012 – a rise of over 30% compared with 2011 – ranking it fifth in the world behind the US, Russia, Canada and Australia. Furthermore, development capex is estimated to reach almost US$30 billion in 2015, ensuring Norway remains a top […]

  • Lundin to Spend $1.7 Bln on Exploration and Development in 2013

    7 January 2013
    Business & Finance, Operations & Maintenance

    Lundin Petroleum AB (Lundin Petroleum) announces its 2013 development, appraisal and exploration budget which totals USD 1,700 million. 2013 will be the busiest year in the company’s history both in relation to exploration and development activities. The 2013 expenditure on development projects is budgeted at USD 1,100 million which represents approximately a 150 percent increase […]

  • Lundin’s exploration manager retires

    24 June 2015
    Business & Finance

    Lundin Petroleum has announced that Hans Christen Rønnevik, Exploration Manager at Lundin Norway AS, is retiring but will remain integral to the Norwegian exploration activity. The company explained that Hans Christen Rønnevik, Exploration Manager at Lundin Norway, has reached the formal retirement age of 70 in Norway and has retired from his executive duties. He […]

  • PHOTO: North Sea Giant Makes Pit Stop at Aibel

    10 February 2016
    Business & Finance

    One of the largest subsea construction vessels the North Sea Giant has been spotted in the dock at Aibel’s yard in Haugesund. According to Aibel, about 100 Aibel workers are engaged on the vessels’ several modification tasks. “For instance, we are installing a new nitric oxide facility, overhauling a Voith propeller and replacing the floor in […]

  • Singapore’s Sembcorp to Build Ivar Aasen PDQ for $726 Mln

    7 February 2013
    Business & Finance

    SMOE, a wholly-owned subsidiary of Sembcorp Marine, has secured a contract worth about S$900 million ($726 million) from Det norske oljeselskap ASA, Norway for engineering, procurement and construction of the Process, Drilling and Quarters Platform (pdQ) Topsides to be installed at a water depth of 112 metres for the Ivar Aasen development in the North […]

  • Baker Hughes and Schlumberger to Work on Oseberg and Gullfaks Cat J Rigs

    18 January 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Statoil said it will contract Baker Hughes and Schlumberger for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg and the Gullfaks. Initially awarded for four years the contracts include options for two 2-year extensions. The contracts include: Cementing and pumping; Completion; Drilling and […]

  • Subsea in June

    5 July 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The seabed-to-surface engineering and construction services provider, Subsea 7, made our top news a few times this month, including the announcement of a second phase of global resizing and cost reduction measures due to continued difficult business […]

  • Lundin 2013 Exploration Budget Amounts to USD 1.7 Bln

    7 January 2013
    Business & Finance

    Lundin Petroleum AB (Lundin Petroleum) announced its 2013 development, appraisal and exploration budget which totals USD 1,700 million. 2013 will be the busiest year in the company’s history both in relation to exploration and development activities. The 2013 expenditure on development projects is budgeted at USD 1,100 million which represents approximately a 150 percent increase […]

  • Valemon: First remotely controlled offshore platform in Norway

    9 November 2017
    Equipment

      Statoil on Thursday made history, or at least made an important step towards making history, with the opening of the Valemon control room at Sansli in Bergen. Namely, the Valemon platform, located in the North Sea offshore Norway, will be the first platform in Norway to be remotely-controlled from land. “This is a vital […]

  • Aker Solutions Takes Profit Hit

    29 April 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Aker Solutions’ net income for the quarter fell to NOK 220 million ($28.7 million) from NOK 283 million ($37 million) in the same period last year. Earnings per share (EPS) fell to NOK 0.79 in the quarter from NOK 1.03 a year earlier. Earnings were impacted by costs of overcapacity in the maintenance, modifications and […]

  • Lundin’s profit, output down

    2 May 2019

    Swedish oil company Lundin Petroleum saw its profit drop to $54.9 million in the first quarter of 2019, compared to $228.8 million earned in 1Q 2018. Revenues for the quarter fell to $491.6 million, from $692.9 million a year ago.