965 results found for 'johan sverdrup'

965 results found for 'johan sverdrup'
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  • Lundin Sets 2014 Capex at USD 2.1 Bln

    8 January 2014
    Business & Finance

     Lundin Petroleum AB (Lundin Petroleum) announces its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which represents a 25 percent increase on forecast 2013 development expenditure. The 2014 budgeted expenditure on exploration activity is USD 380 million which is approximately […]

  • Norway’s offshore industry through Øyvind Sætre’s lens

    13 December 2017

    Browsing through Linkedin the other day, I’ve stumbled across a beautiful photo of two heavy lift vessels carrying the giant Aasta Hansteen topside out of the Westcon yard in Ølensvåg, Norway.

  • ‘Great’ oil & gas exploration appetite bears fruit as Norway awards 53 new production licenses

    15 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    As part of the award in the pre-defined areas 2024 (APA 2024) round, Norway’s Ministry of Petroleum and Energy has offered 53 production licenses to 20 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS).

  • Energy transition: Will the Netherlands lead the private investment charge?

    20 April 2020
    Authorities & Government, Business & Finance, Rules & Regulation

    Moving from carbon-intensive fossil fuels to more sustainable forms of energy is an area of major focus in the Netherlands as it is across Europe, but investing in energy transition involves navigating complex regulatory systems and bridging crucial knowledge gaps. On 28 November 2019, the European Parliament declared a global climate and environmental emergency. MEPs, […]

  • TotalEnergies’ profit hit by downturn in oil & gas prices but multi-energy model saves the day

    27 July 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    TotalEnergies has disclosed strong results for the second quarter and first half of 2023, thanks to its multi-energy strategy.

  • Solberg: Reduced reservoir utilisation not a viable option for cutting costs

    2 April 2014

    Norwegian Prime Minister Erna Solberg today addressed the attendees of the Subsea Valley Conference in Fornebu, Norway. The Prime Minister highlighted the importance of the oil & gas sector to the Norwegian economy, praising competence and technology as Norway’s main competitive advantages. However, Solberg, aware of the rising costs, warned the industry that reduced utilisation of […]

  • While contributing to Europe’s energy security, Equinor rakes in all-time high profits

    9 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.

  • Kvaerner Enters Steel Jackets Deal with Statoil

    26 June 2014
    Business & Finance

    Kvaerner and Statoil have established a frame agreement for delivery of steel jacket substructures to Statoil-operated fields. Subject to all necessary approvals for the project to proceed, early estimates of the total value of the two jacket deliveries will be approximately $490m. Johan Svedrup is located at a water depth of 120 meters off the West Coast of Norway. Statoil […]

  • Covid-19 crisis setting the stage for restructuring of offshore drilling market

    16 June 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    There is a case to be made that the coronavirus crisis has been setting the stage for the restructuring of the offshore drilling market.

  • TotalEnergies achieves ‘robust’ multi-billion profit while balancing energy transition scales

    7 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    TotalEnergies has managed to tuck strong financial and operating results for the fourth quarter and full year 2023 under its belt.

  • Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips get their hands on total profits of more than $29 billion

    4 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during the quarter, which amounts to about 29.2 billion, compared to $33.9 billion gathered in the prior quarter.

  • U.S. and European giants deliver ‘excellent’ results despite the downturn in oil & gas prices

    3 May 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.

  • Despite lower profits, European and US oil & gas giants soldier on with ‘solid’ results

    30 October 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Project & Tenders, Transition

    TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance in the third quarter of 2023.

  • Despite cuts, Big Oil to expand production into the 2020s

    6 September 2016

    By Ron Bousso LONDON (Reuters) – Never mind the drop in crude prices, huge spending cuts and thousands of job losses – the world’s top oil and gas companies are set to produce more than ever for some time. While top oil companies struggle with slumping revenues following a more than halving of prices since […]

  • Transocean, Noble, Valaris, Borr, and Odfjell Drilling fleets’ $23 billion backlog spotlights state of play in booming rig market

    11 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Transocean, Noble Corporation, Valaris, Borr Drilling, and Odfjell Drilling have secured a combined total backlog of $23.22 billion in the third quarter of 2024, which is higher than $23.03 billion in the second quarter of 2024 and $22.7 billion in the third quarter of 2023.