358 results found for 'ormen lange'

358 results found for 'ormen lange'
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  • UK: Nexans Wins Umbilical Contract from Subsea 7 for Laggan-Tormore Gas Project

    8 February 2011
    Business & Finance, Equipment

      Nexans, worldwide expert in the cable industry, has been awarded a contract by Subsea 7*, for the design, engineering and manufacture of a total length of 143km of static subsea electro-hydraulic control umbilicals for the Laggan-Tormore gas field development, 125km West of the Shetland Islands in the UK. The umbilical product will integrate steel […]

  • LOTOS Petrobaltic Signs Up to AGR Again with USD1.6 Million Excavation Deal

    28 February 2011

      AGR Drilling Services has signed a £1m (NOK9.3m) contract to supply its excavation technology and expertise – hot on the heels of a £9m deal for the company. The latest deal is with LOTOS Petrobaltic SA, the only Polish firm involved in oil exploration and extraction in the Baltic Sea. AGR DS will excavate […]

  • Russia and Norway gas volumes to Europe hit record highs

    14 February 2018

    Natural gas exports to Europe from both Russia and Norway climbed to record levels in 2017, according to a report by Rystad Energy. Russian and Norwegian gas exports to Europe (including Turkey) reached 194 bcm and 122 bcm, respectively, in 2017. This represents a year-on-year increase of more than 15 bcm for Russia and 9 […]

  • Norway: DONG Energy Puts Oselvar Field Into Production

    16 April 2012
    Business & Finance, Operations & Maintenance

    DONG Energy will be increasing its production of oil and gas via production from the Norwegian Oselvar field. Oselvar is DONG Energy’s second development as operator in Norway. The field was put into production Saturday 14 April. “We are now the operator of two Norwegian fields. This confirms our long-term position in Norway,” says Anders […]

  • Gassco gets green light to use Polarled pipeline

    5 April 2017
    Project & Tenders

    Norwegian offshore safety agency, the Petroleum Safety Authority (PSA), has given its consent to the state-owned company Gassco to use the Polarled offshore pipeline. Polarled is a new gas pipeline from Statoil’s Aasta Hansteen field in the Norwegian Sea to the Shell-operated Nyhamna gas processing facility in Møre Og Romsdal county. The pipeline is a […]

  • Statoil Awarded Interests in 14 Production Licences Offshore Norway

    16 January 2013
    Business & Finance

    Statoil was awarded interests in 14 production licences on the Norwegian continental shelf, of which 7 are operated by Statoil. The broad award reflects Statoil’s extensive application. In this Awards of Predefined Areas (APA) round Statoil has applied for production licences in the North Sea, the Norwegian Sea and the Barents Sea based on established […]

  • Electrification of North Sea field lends a helping hand to Poland’s energy giant in slashing emissions

    10 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Poland’s Orlen has welcomed the recent partial electrification of an Equinor-operated gas field in the Norwegian sector of the North Sea.

  • Statoil Pleased With APA 2012. Bags 14 Licences (Norway)

    16 January 2013
    Business & Finance

    Statoil was yesterday awarded interests in 14 production licences on the Norwegian continental shelf, of which 7 are operated by Statoil. The broad award reflects Statoil’s extensive application. In this Awards of Predefined Areas (APA) round Statoil has applied for production licences in the North Sea, the Norwegian Sea and the Barents Sea based on […]

  • Norway: Mokveld to Supply Control Valves for Asgard Subsea Gas Compression

    23 April 2013
    Business & Finance, Equipment, Project & Tenders

    Mokveld have been awarded the subsea anti-surge control valves order for the Åsgard Subsea Gas Compression Project. Subsea gas compression is a technology approach that can boost recovery rates and lifetimes of offshore gas fields. Aker Solutions – at the forefront of subsea gas compression – was awarded the contract by operator Statoil to supply […]

  • Norway, Russia exported record gas volumes to Europe in 2017

    14 February 2018

    Gas exports to Europe from both Russia and Norway climbed to record levels in 2017, according to an analysis by Rystad Energy. Russian and Norwegian gas exports to Europe (including Turkey) reached 194 bcm and 122 bcm, respectively, in 2017. This, Rystad says, represents a year-on-year increase of more than 15 bcm for Russia and […]

  • Island Offshore’s vessel duo to work on Shell’s Draugen

    6 April 2016
    Business & Finance

    Island Offshore has informed that two of its vessels, Island Valiant and Island Constructor, have secured work at the Draugen oilfield, offshore Norway, for Shell. In total these contracts are worth about NOK 100 million ($11.98M) to Island Offshore. According to the shipping company, Island Valiant will start with IMR-work (Inspection, Maintenance and Repair) on […]

  • Management Changes in Kvaerner’s Jackets Division (Norway)

    21 June 2012
    Business & Finance, Equipment

    As part of the development of the jackets business towards operational excellence, Nina Udnes Tronstad steps down from her position as Executive Vice President for the Jackets business area and President of Kvaerner Verdal A/S. Senior Vice President Sverre Myklebust will as of today act in both positions until a successor has been recruited. “Nina […]

  • Mokveld Wins Aasgard Subsea Gas Compression Contract, Norway

    23 April 2013
    Equipment, Project & Tenders

    Mokveld has been awarded the subsea anti-surge control valves for the Aasgard Subsea Gas Compression Project. Subsea gas compression is a technology approach that can boost recovery rates and lifetimes of offshore gas fields. Aker Solutions – at the forefront of subsea gas compression – was awarded the contract by operator Statoil to supply a […]

  • Mokveld to Supply Subsea Control Valves for Aasgard (Norway)

    23 April 2013
    Business & Finance, Equipment

    Mokveld has been awarded the subsea anti-surge control valves for the Åsgard Subsea Gas Compression Project. Subsea gas compression is a technology approach that can boost recovery rates and lifetimes of offshore gas fields. Aker Solutions – at the forefront of subsea gas compression – was awarded the contract by operator Statoil to supply a […]

  • DONG Feels Wind Power

    8 November 2016
    Business & Finance

    Denmark’s DONG Energy recorded DKK 4.8 billion (EUR 645 million) operating profit (EBITDA) in the third quarter of 2016, a 7% improvement compared to the third quarter of 2015 driven by a 19% increase in the company’s Wind Power and a lump sum payment received in connection with the completed renegotiation of a gas purchase contract. The results […]

  • DONG Feels Wind Power

    8 November 2016
    Business & Finance

    Denmark’s DONG Energy recorded DKK 4.8 billion (EUR 645 million) operating profit (EBITDA) in the third quarter of 2016, a 7% improvement compared to the third quarter of 2015 driven by a 19% increase in the company’s Wind Power and a lump sum payment received in connection with the completed renegotiation of a gas purchase contract. The results […]

  • Denmark: DONG Energy Releases H1 Financial Results

    20 August 2013
    Business & Finance

    The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2013 with the following financial highlights and outlook compared with the first half of 2012:  — First-half 2013 EBITDA was DKK 7.8 billion against DKK 6.6 billion in the first half of 2012, primarily reflecting higher […]

  • Douglas Westwood: North Sea – Hope for Declining Production?

    12 May 2014

    Western Europe will continue to rely on imported Russian gas into the 2020s as mature offshore provinces struggle for growth, while large-scale shale gas extraction looks increasingly unlikely in the medium term, Douglas Westwood said in its DW Monday report. Following Moscow’s intervention in Ukraine and the resulting strained diplomatic ties with the West, it […]

  • DONG Pushing On with Oil & Gas Unit Sale, in Merger Talks with Maersk

    29 November 2016
    Business & Finance

    Following the appointment of J.P. Morgan to asses the market conditions for a potential sale of its oil and gas business, DONG Energy is now reportedly in negotiation with Maersk over a merger of their fossil fuel units, as DONG is focusing fully on offshore wind and Maersk on transport and logistics.  The merger would result in a […]

  • Kvaerner Verdal Reports Management Changes (Norway)

    21 June 2012
    Business & Finance

    As part of the development of the jackets business towards operational excellence, Nina Udnes Tronstad steps down from her position as Executive Vice President for the Jackets business area and President of Kvaerner Verdal A/S. Senior Vice President Sverre Myklebust will as of today act in both positions until a successor has been recruited. “Nina […]

  • EU approves ExxonMobil-Vår Energi $4.5B Norway transaction

    21 November 2019
    Business & Finance

    ExxonMobil’s sale of assets in Norway to Var Energi has received approval from the European Commission under the EU Merger Regulation.

  • Faroe Petroleum buys Dong Energy’s Norwegian fields for $70M

    15 July 2016

    Danish energy company Dong Energy has agreed to divest ownership in some oil and gas fields in Norway to Faroe Petroleum. The company will through its Norwegian subsidiary DONG E&P Norge AS divest ownership shares in five producing Norwegian oil and gas fields the Ula field (20 percent working interest); two tie-back fields to Ula, namely: Tambar (45 […]

  • AGR DS to Provide Excavation Technology and Expertise for LOTOS Petrobaltic (Poland)

    28 February 2011
    Business & Finance, Equipment

      AGR Drilling Services has signed a NOK9.3m ($1.6 million) contract to supply its excavation technology and expertise – hot on the heels of a NOK84m deal for the company. The latest deal is with LOTOS Petrobaltic SA, the only Polish firm involved in oil exploration and extraction in the Baltic Sea. AGR DS will […]

  • Norway: Aker Solutions Signs World First Subsea Gas Compression Contract

    1 December 2010
    Business & Finance, Equipment

    “This award signifies a quantum leap for subsea gas compression within the oil and gas industry. As one of the major subsea contracts awarded during 2010, this has been a key target for Aker Solutions. It confirms our position as the preferred partner of subsea technology, solutions and capability,” says Mads Andersen, executive vice president […]

  • DONG Energy to Slash 400 Jobs. 1H Earnings Up

    20 August 2013
    Business & Finance

    The Board of Directors of DONG Energy, one of the leading energy groups which focuses on procuring, producing, distributing and trading in energy and related products in Northern Europe, has today approved the interim financial report for the first half of 2013 with the following financial highlights and outlook compared with the first half of […]