973 results found for 'johan sverdrup'

973 results found for 'johan sverdrup'
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  • 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.

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 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. 

  • 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 […]

  • Accommodation jack-up all set up on Tyra field

    16 November 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Jacktel’s accommodation jack-up Haven has now started operations for TotalEnergies at the Tyra field offshore Denmark.

  • Statoil, Wintershall Complete Norwegian Continental Shelf Transaction

    31 July 2013
    Business & Finance, Operations & Maintenance

    The agreement signed with the German oil and gas company Wintershall, which includes the divestment of Statoil’s share of the Brage licences, a farm-down in Gjøa and Vega, and acquisition in the Edvard Grieg licence in the North Sea, has been completed. The consideration to be paid to Statoil is USD 1.45 billion. This amount […]

  • 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 […]

  • Aker Solutions: Clients Applying Pressure on Bidding

    15 July 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Aker Solutions’ subsea business is currently in play for over NOK 30 billion in potential awards, while the whole group is engaged with tenders worth over NOK 50 billion and looking at twice this value in terms of opportunities, the company said in today’s Q2 presentation. However, Luis Araujo, Chief Executive Officer of Aker Solutions, has […]

  • 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 […]

  • Aker Earnings Down in Q4

    13 February 2014

    Aker Solutions said its sales were NOK 11.4 billion in the fourth quarter of 2013, up from NOK 11.2 in the fourth quarter of 2012. Financial Highlights Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 1.06 billion in the quarter, compared with NOK 1.09 billion in the year-earlier period. The prior-year figure […]

  • Multiple oil & gas projects still on track for development plans by year-end

    2 December 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Aker BP will vote in favour of submitting PDOs for multiple oil and gas projects, anticipated to take place by mid-December 2022.

  • Equinor Hands Out Inspection Services Contracts in Norway

    15 November 2019
    Project & Tenders

    Equinor has selected several suppliers for inspection services on all offshore installations on the Norwegian continental shelf and onshore plants in Norway. Along with the previously announced contract by Aker Solutions, Equinor has also selected Axess, Oceaneering Asset Integrity and IKM Operations for the work, taking effect from January 01, 2020. The agreements have a […]

  • Total’s profit slips, LNG sales rising

    31 October 2019

    French energy giant and LNG player Total saw its adjusted net profit drop in the third quarter as well as the first nine months of the year 2019. 

  • Four offshore blocks for Spike Exploration (Norway)

    27 January 2015

    Spike Exploration Holding AS (Spike) has been awarded four licenses in the 2014 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf; three in the North Sea and one on Haltenbanken. Work commitments are a mix of reprocessing of seismic and acquisition of existing or new 3D-seismic, all followed by a […]

  • PSA takes closer look at Det norske’s Ivar Aasen project

    25 May 2016

    Norway’s offshore safety agency, the Petroleum Safety Authority (PSA), has carried out an audit of Det norske’s work on the Ivar Aasen development project offshore Norway. PSA said on Wednesday that the audit was done on March 7 and April 5-7 and that its goal was to ensure compliance with the regulatory requirements for barrier management […]

  • Maersk cuts Culzean development costs by $500 million

    13 December 2016
    Project & Tenders

    Maersk Oil has cut costs on its Culzean development in the UK North Sea by half a billion dollars. The Danish oil firm said on Tuesday that the $500 million cost reduction was a result of higher drilling efficiency and “robust” upfront design and project planning. The company now estimates investment costs for the Culzean […]

  • GM Deep Sea Mooring Bags Ivar Aasen Deal

    28 September 2016
    Operations & Maintenance, Project & Tenders

    Global Maritime Deep Sea Mooring has signed a contract with Det norske oljeselskap to support Prosafe’s semi-submersible Safe Zephyrus accommodation rig in the Ivar Aasen field in the North Sea. The contract also includes support to the Maersk Interceptor ultra-harsh environment jack-up rig. Deep Sea Mooring, which has already installed the pre-lay system, will supply mooring […]

  • Safe Caledonia done with Clair Ridge work. Safe Zephyrus to take over next year

    22 November 2018

    Prosafe’s flotel Safe Caledonia has completed its work on BP’s Clair Ridge platform located West of Shetland and the Safe Zephyrus will take over next year.

  • Apply Leirvik to deliver parts for new Valhall platform

    23 November 2017
    Business & Finance

    Apply Leirvik has been awarded a contract for the delivery of an emergency shelter and helicopter deck on the new Valhall Flank West platform in Norway. 

  • Aker BP picks compatriot firm for oil spill monitoring system

    20 September 2022
    Business & Finance, Environment, Equipment, IT & Software, Operations & Maintenance, Outlook & Strategy, Technology

    Norway’s oil and gas company Aker BP has selected compatriot technology supplier Vissim to develop an expanded digital platform for future oil spill monitoring and detection system on the Norwegian continental shelf. Vissim will develop a software solution that integrates input from a number of different oil spill detection sources, including radars, satellites, and sensors on […]