961 results found for 'johan sverdrup'

961 results found for 'johan sverdrup'
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  • Equinor gets OK for North Sea well drilling

    27 May 2019
    Exploration & Production

    Equinor has been given a drilling permit by the Norwegian Petroleum Directorate for the exploration well 16/5-7 in the North Sea, offshore Norway.

  • ‘Leaner, better focused’ Aker Solutions starts trading on Oslo Exchange

    29 September 2014
    Business & Finance

    Aker Solutions today started trading on the Oslo stock exchange as a what is says is a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) businesses of the […]

  • Lundin Completes Exploration Well in Norwegian North Sea

    11 October 2012
    Business & Finance

    Sweden’s Lundin Petroleum , through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of exploration well 6201/11-3 in PL519. The well targeted the Albert prospect, which is situated 65 km north west of the Snorre Field in the northern North Sea, offshore Norway. The main objective of well 6201/11-3 was […]

  • Oil and gas industry entering new offshore investment cycle, Rystad says

    14 January 2020

    A strong 2019 provided telltale signs that the industry was entering a new offshore investment cycle, stated Espen Erlingsen, head of upstream research at Rystad Energy.

  • Equinor cuts costs on eight Norwegian projects but sees increase on four

    7 October 2019
    Project & Tenders

    Norwegian oil and gas company Equinor has reduced costs for eight of its operated projects in Norway since submitting their plans for development and operation while four projects – including Martin Linge and Njord Future – have reported higher costs.

  • Norway: Det norske Becomes Fully Fledged Oil Company

    15 February 2013
    Business & Finance, Operations & Maintenance

    In December, Det norske oljeselskap ASA submitted Plan for Development and Operation (PDO) of the Ivar Aasen field, in accordance with the Company’s plan. The main contracts for the development are now in place. AGR has performed an independent certification of the Company’s reserves and most important contingent resources. These resources are estimated at between […]

  • Statoil inks new subsea equipment deals with two providers

    8 January 2016
    Business & Finance

    Statoil Petroleum has signed Master Service Agreements with Aker Solutions and OneSubsea Processing. According to the Norwegian oil major, 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 […]

  • FPSO Glen Lyon on its way to Aibel stay

    20 April 2016
    Business & Finance

    Oil services company Aibel has been awarded a contract for yardstay and assistance with the final preparations of BP’s floating production storage and offloading (FPSO) vessel Glen Lyon.  After some delay in the arrival, the vessel was initially planned to arrive during last weekend, Aibel said that the FPSO Glen Lyon would arrive at the company’s […]

  • All systems go for Equinor to dispatch AKOFS vessel for well intervention work off Norway

    16 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders, Regulation & Policy, Vessels

    Equinor has received consent from Norway’s regulator to use one of AKOFS Offshore’s well intervention vessels on multiple fields on the NCS.

  • CGG secures multi-client OBN reprocessing work

    14 December 2022
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    CGG has made an agreement with Carbon Transition’s subsidiary Axxis Multi Client to reprocess the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea.

  • Lundin ready for Goddo well spud

    5 July 2019
    Exploration & Production

    Oil and gas company Lundin Norway will spud the Goddo well (16/5-8 S), located in license PL 815 offshore Norway, shortly. 

  • Aker Solutions’ profit rises

    13 February 2015

    Norwegian oilfield services provider Aker Solutions today reported its net profit for the fourth quarter of 2014 rose to 359 million Norwegian crowns from NOK 343 million a year ago. Converted to US dollars, 4Q 2014 profit was $47.4 million vs. $45 million in 4q 2013. The company’s revenue revenue rose 21 percent to NOK […]

  • Sembcorp Marine’s SMOE Yard Bags Topside Contract, Singapore

    7 February 2013

    SMOE, a wholly-owned subsidiary of Sembcorp Marine, has secured a contract worth about S$900 million (approx $726.4 Mln) 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 […]

  • Carbon Transition and repeat customer sign $2.5 million seismic data licensing contract

    3 January 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Carbon Transition has entered into a new $2.5 million multi-client seismic data licensing contract with an existing customer for the Utsira multi-client survey in Norway. Under the contract, the customer, whose name has not been disclosed, will license Carbon Transition’s Utsira multi-client survey. According to the company, the agreement includes significant additional uplift revenues relating […]

  • Det norske Receives Employer Brand Award (Norway)

    6 February 2013
    Business & Finance

    Yesterday, Det norske was the proud recipient of Scouting’s Employer Brand Award, awarded to the most attractive start-up Norwegian employer. The headhunting agency Scouting has, for the fifth consecutive year, interviewed executives and experienced professionals in the oil and gas industry regarding the top most attractive employers. Det norske was awarded the topmost ranking for […]

  • Connector Subsea Solutions acquires Isotek Oil and Gas

    8 June 2020
    Business & Finance

    Connector Subsea Solutions (CSS) has completed the acquisition of Isotek Oil and Gas. The acquisition adds Isotek’s remote welding technology to CSS’s existing range of subsea pipeline repair capabilities which are primarily focused on mechanical clamp and connector pipe joining solutions. The Isotek workforce which numbers 15 people is transferring over to CSS with immediate […]

  • Highlights of the Week

    5 August 2017
    Business & Finance, Operations & Maintenance

    Subsea World News has put together a recap of the most interesting articles from the previous week (July 31 – August 06). Forland Subsea II AS, which bareboat charters the Fugro Saltire from E Forland AS, has received a notice of termination for convenience from time charterers Fugro Subsea Services. The MV Fugro Saltire was […]

  • Total expands presence on Danish Shelf through Chevron Denmark takeover

    25 September 2018

    Total has agreed to purchase from Chevron all the share capital of Chevron Denmark Inc.

  • Equinor projects see delays, increased costs due to COVID, weak NOK

    7 October 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norwegian energy major Equinor has seen its costs for projects under development rise due to the Covid-19 pandemic and weakened Norwegian krone, even postponing the start-up of some projects.

  • Two North Sea fields drive Lundin’s reserves increase

    24 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production

    Oil and gas company Lundin Energy has disclosed an increase in its 2P and 3P reserves, owing to two North Sea fields.

  • Equinor awards Mongstad modifications contracts to Wood

    28 August 2018
    Business & Finance

    Wood has secured two new strategic modifications contracts with Equinor for the Mongstad refinery near Bergen, growing its downstream capability in Norway.

  • Maersk Oil Cuts Workforce

    26 October 2015
    Business & Finance

    Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisation during 2015, the company said. “The move follows […]

  • Equinor slips to quarterly loss due to impairment charges

    6 February 2020
    Business & Finance

    Equinor’s financial performance in 4Q 2019 was impacted by lower oil and gas prices and impairments despite record production during the period. 

  • Aker Solutions Optimistic in Longer Term

    17 March 2015
    Business & Finance, Operations & Maintenance

    Norwegian oil services company, Aker Solutions, has presented five strategic objectives after splitting in two in September last year. “The split allows us to reduce complexity, build on synergies and bring down costs, which makes us much better equipped to respond to the needs of customers in the 22 countries where we operate,” said Chief Executive […]

  • 2012, Year of Strong Progress for Statoil, CEO Says (Norway)

    7 February 2013
    Business & Finance, Operations & Maintenance

    Statoil’s fourth quarter 2012 net operating income was NOK 45.8 billion. In 2012, net operating income was NOK 206.6 billion. Statoil delivered equity production of 2,004 mboe per day in 2012, increased by 8% from 1,850 mboe per day in 2011. Adjusted earnings increased by 7% to NOK 193.2 billion in 2012, from NOK 179.9 […]