961 results found for 'johan sverdrup'

961 results found for 'johan sverdrup'
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  • Equinor taps IKM Ocean Design for pipeline study in Brazil

    11 March 2020
    Business & Finance

    Norwegian oil major Equinor has awarded an ultra-deepwater pipeline study in Brazil to subsea engineering provider IKM Ocean Design.

  • Det norske: Ivar Aasen living quarters ready for sail away

    29 June 2016
    Project & Tenders

    Apply Leirvik has built the Ivar Aasen living quarters module and placed it on a barge in the harbour at Stord. The module will later be lifted into place at the Ivar Aasen platform in the North Sea. According to Det norske, the operator of the field with 34.8 per% interest, the module is 40 meters tall and […]

  • Lundin: Luno II Appraisal Drilling Unsuccessful

    20 December 2013
    Project & Tenders

    Lundin Petroleum has completed the drilling of appraisal well 16/5-5 in PL410, in the North Sea, offshore Norway. The well targeted a possible southern extension of the Luno II discovery. The main objective of well 16/5-5 was to prove the southernmost extension of the Luno II discovery in PL410 within a separate segment. The target […]

  • Det norske oljeselskap Gets New CEO

    8 October 2013
    Business & Finance

    Karl Johnny Hersvik has been appointed as the new chief executive officer of Det norske oljeselskap ASA. Mr. Hersvik comes from the position as Senior Vice President of Statoil’s Research and Development division in Trondheim. Mr. Hersvik will take up the position as CEO of the company effective from 1 May 2014. Mr. Hersvik says […]

  • Lundin Energy cleared to drill North Sea wildcat well

    18 August 2021
    Authorities & Government, Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders, Regulation & Policy

    The Norwegian Petroleum Directorate (NPD) has granted Swedish oil firm Lundin Energy a drilling permit for a well in the North Sea.

  • Equinor inks helicopter deal, adds Vår Energi to the mix

    9 December 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norwegian oil giant Equinor has awarded CHC Helicopter a contract for personnel transportation from Stavanger airport, Sola.

  • Two Equinor workers injured in serious incident in North Sea

    29 November 2019

    Two Equinor employees were injured in a serious work-related incident on board the Heimdal platform in the North Sea on Thursday 28 November.

  • Power from shore for nearly half of Norwegian oil and gas production

    26 June 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Innovation, Regulation & Policy, Research & Development, Technology

    Almost half of the Norwegian petroleum production will soon be run on power from shore as the companies are considering multiple electrification projects that could reduce emissions considerably.

  • Subsea Reinforces Aker Solutions Strong Market Position

    30 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Aker Solutions’ revenue rose to NOK 11.2 billion in the first quarter of 2014 from NOK 10.3 billion a year earlier, driven by sales of subsea products and services, single drilling equipment and umbilical systems in the U.S. and Norway. Revenue also increased in the process systems unit, bolstered by strong demand in Norway, the […]

  • Exploration Costs to Negatively Affect Lundin’s 4Q

    21 January 2014

    During the fourth quarter of 2013 Lundin Petroleum achieved a production rate of 31,100 barrels of oil equivalent per day (boepd) resulting in production for the full year of 32,700 boepd. The average Brent oil price for the fourth quarter of 2013 was USD 109 per barrel.   The profitability of the fourth quarter of […]

  • Equinor Aims to Extend Platform Electrification from Land

    11 June 2018
    Business & Finance, Equipment, Operations & Maintenance

    Equinor and partners are looking at the possibility of supplying power from land to three platforms that are currently powered by gas turbines. The transition may cut CO2 emissions from Troll C and the Sleipner area by more than 600,000 tonnes per year. The platforms that may be powered from land are Troll C and […]

  • Maersk Oil Profit Hit by Lower Prices and Output

    16 August 2013

    Denmark’s Maersk Oil today reported net profit of $249 million, a drop from the $468 million achieved in the same period last year. The result was negatively influenced by lower average oil price of USD 102 per barrel compared to last year’s USD 108 per barrel and lower entitlement production of 226,000  boepd (287,000 boepd), […]

  • Norway: Oil field development costs almost cut by half

    29 August 2016

    The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40 per cent since the autumn of 2014, according to the Norwegian Petroleum Directorate’s analysis of eight planned developments that are approaching start-up. The decline is a result of a combination of simpler development concepts and […]

  • Aker BP set to drill North Sea well duo with Deepsea Stavanger rig

    8 May 2019
    Exploration & Production

    Norwegian E&P player Aker BP has received consents from the PSA to drill two exploration wells off Norway, using the Deepsea Stavanger drilling rig.

  • NPD: More oil remains to be found offshore Norway

    27 May 2015

    The current recoverable volume of oil in fields and discoveries exceeds the estimated figure in 2005, and it is also presumed that more oil remains to be discovered. This is the result of the Norwegian Petroleum Directorate’s (NPD’s) review of the resource basis in a select number of fields and discoveries on the Norwegian shelf […]

  • VIDEO: Ivar Aasen platform deck on its way to Norway

    6 June 2016
    Project & Tenders

    Following its recent completion, the platform deck for the Ivar Aasen project, in the North Sea, is now on its way to Norway after sailaway from the yard area in Singapore on Monday. According to Det norske, the operator of the project, the platform deck will be lifted in place on the field at the […]

  • Aker Solutions reports increased revenue in 1Q

    30 April 2014
    Business & Finance

    Aker Solutions’ revenue rose to NOK 11.2 billion in the first quarter of 2014 from NOK 10.3 billion a year earlier, driven by sales of subsea products and services, single drilling equipment and umbilical systems in the U.S. and Norway. Revenue also increased in the process systems unit, bolstered by strong demand in Norway, the […]

  • Aker BP to merge with Lundin Energy in bid to create leading E&P player of the future

    21 December 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition, Vision

    Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.

  • Norway nets record-breaking revenues from oil & gas

    13 January 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    In Norway, the combination of high production of oil & gas, significant demand, and high prices led to a historically high level in revenues.

  • Industry players looking into eco-friendly seismic data collection

    16 December 2021
    Business & Finance, Collaboration, Environment, Outlook & Strategy, Research & Development

    Equinor, Lundin, Shearwater GeoServices and Vår Energi have established a joint industry project seeking to develop a more environmentally friendly method for seismic data colletion.

  • Lundin Norway Gets Edvard Grieg PDO Approval

    12 June 2012
    Business & Finance, Operations & Maintenance

    Lundin Petroleum AB announces that its wholly owned subsidiary Lundin Norway AS has received final approval for the plan for development and operation (PDO) for the Edvard Grieg field from the Norwegian Parliament. The Norwegian Ministry of Petroleum and Energy concurred with the field development plan in April 2012. The Edvard Grieg is the first […]

  • Aker BP’s SVP of exploration jumps ship to join Neptune

    30 August 2018
    Business & Finance

    Neptune Energy has appointed a new vice president and group head of exploration as well as a group human resources director.

  • Kvaerner beefs up quarterly profit despite lower revenues

    13 July 2017
    Business & Finance

    Norwegian engineering and construction services company Kvaerner recorded an increase in its second quarter 2017 profit, compared to the one made a year earlier, despite lower revenues.  According to its financial report on Thursday, the company nearly tripled its profit during the second quarter of the year, which totaled NOK 127 million ($15.4M). This compares […]

  • Statoil, ExxonMobil Make Large Gas Discovery Offshore Tanzania

    14 June 2012
    Business & Finance

    Statoil  and partner ExxonMobil have made a large gas discovery in the Statoil-operated Block 2 licence in Tanzania. The logging results from the Lavani well confirm a new high-impact discovery for Statoil, with a preliminary resource estimate of 3 trillion cubic feet (Tcf) of gas in place. The Lavani well has encountered 95 metres of […]

  • Tanzania: Statoil Makes High-Impact Find

    14 June 2012

    The logging results from the Lavani well confirm a new high-impact discovery for Statoil, with a preliminary resource estimate of 3 trillion cubic feet (Tcf) of gas in place. The Lavani well has encountered 95 metres of excellent quality reservoir sandstone with high porosity and high permeability. “The result from Lavani, which is only 16 […]