357 results found for 'ormen lange'

357 results found for 'ormen lange'
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  • 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 […]

  • ORLEN and Equinor to jointly explore carbon capture and storage opportunities

    4 March 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition, Vision

    Polish multi-utility company ORLEN and Norwegian state-owned energy company Equinor have signed a collaboration agreement to explore opportunities for carbon capture and storage (CCS) technology in Poland. The scope of the agreement covers the transport and storage of CO2 in Poland, with the partners set to jointly identify potential CO2 storage sites, considering both land-based […]

  • Luva Drives Deepwater Production in Norwegian Sea

    30 January 2012
    Business & Finance

    Statoil, together with its Luva field partners, has selected a Spar platform to develop the field. As a gas transport solution has also been decided, a major step has now been taken towards deep-water production in the Norwegian Sea. The Luva field, which is a deep-water pioneer in the Norwegian Sea, may be the first […]

  • Nexans Submarine Cables Boost BKK’s Power Supply Network in Norway

    5 February 2014
    Business & Finance, Equipment, Operations & Maintenance

    Norway’s power supply network will get a crucial boost in reliability and capacity with the installation of Nexans’ state-of-the-art submarine cables as part of a major new connection for the utility BKK Nett AS. The new 420 kV connection between Mongstad and Kollsnes will cross two fjords – Hjeltefjorden and Lurefjorden – requiring Nexans to […]

  • Norway: Technip Wins Contract for Åsgard Subsea Compression Project

    22 February 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    In connection with the development of the world’s first seabed gas compression facility on the Åsgard field, Technip Norway has been awarded the contract for the marine operations of the project. The contract is valued at NOK 1,2 billion. Åsgard seabed gas compression is expected to increase recovery from Mikkel and Midgard by roughly NOK […]

  • Van Oord: Marlink’s VSAT for Offshore Rock Placement Vessels

    4 June 2013
    Business & Finance, Equipment

    International Dredging and Offshore Contractor Van Oord has chosen Sealink customised VSAT from Marlink to provide data communication services for three offshore rock placement vessels. The five year contract covers Marlink’s provision of end-to-end services and includes facility to provide ad-hoc coverage should the vessels be operating in extreme remote areas. The Sealink Service Agreement, […]

  • Marlink Provides Data Communication Services for Van Oord’s Rock Placement Vessels

    4 June 2013
    Business & Finance

    International Dredging and Offshore Contractor Van Oord has chosen Sealink customised VSAT from Marlink to provide data communication services for three offshore rock placement vessels. The five year contract covers Marlink’s provision of end-to-end services and includes facility to provide ad-hoc coverage should the vessels be operating in extreme remote areas. The Sealink Service Agreement, […]

  • From idea to reality: five years since the first subsea compression system

    18 September 2020
    Environment, Equipment, Infrastructure, Innovation, Research & Development, Technology, Vision

    Five years after the kick off, the subsea compression system covering an area the size of a football field, at Equinor-operated Åsgard development in the Norwegian Sea, still runs like clockwork. The entire Åsgard field is one of the largest developments on the Norwegian continental shelf, embracing a total of 63 production and injection wells […]

  • $139 Billion to be Spent on Subsea Systems by 2015, Report Says (UK)

    23 February 2011
    Business & Finance, Equipment

      The world market for subsea hardware is set for strong growth over the forecast period to 2015, increasing by 23% compared to 2006-2010. Douglas-Westwood projections for global Capex for the period total $139 billion. Fields are being developed in deeper waters, from increasingly-remote locations and in extreme metocean conditions. Smaller, more widely scattered reserves, […]

  • Norway: Subsea Compression to Improve Recovery at Gullfaks

    22 May 2012
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Statoil and partner Petoro have agreed to apply subsea gas compression on the Gullfaks South field. This technological leap forward represents an important milestone in the efforts to improve recovery from this and other gas fields. This technology adds 22 million barrels of oil equivalent to the production from the Gullfaks South Brent reservoir. The […]

  • Statoil: Subsea Compressor to Improve Gullfaks Production

    22 May 2012
    Business & Finance, Equipment

      Statoil and partner Petoro have agreed to apply subsea gas compression on the Gullfaks South field. This technological leap forward represents an important milestone in the efforts to improve recovery from this and other gas fields. This technology adds 22 million barrels of oil equivalent to the production from the Gullfaks South Brent reservoir. […]

  • Norway: Statoil’s Tordis & Vigdis Fields Reach Major Milestone

    15 February 2011
    Business & Finance

      Tordis and Vigdis, subsea fields in the North Sea, recently achieved production of a hundred million cubic metres oil. And there’s still a lot more to come. They’ve worked hard and steadily on the seabed for years; Tordis since 1994, Vigdis since 1997. They recently notched up an overall production of 100 million cubic […]

  • Australia: AGR DS signs Gorgon Project Excavation Contract with Van Oord

    22 June 2010
    Business & Finance, Equipment

    AGR Goup wholly owned subsidiary, AGR Drilling Services Pty Ltd (“AGR DS”), has today signed a contract with Van Oord Australia Pty Ltd (“Van Oord”) whereby AGR DS will provide excavation services to the Gorgon Project. Under the contract AGR DS will provide UK sister company AGR Subsea Ltd’s well-proven ClayCutter X™ and SeaVator™ seabed […]

  • The Netherlands: Van Oord Choses Sealink Customised VSAT

    4 June 2013
    Business & Finance, Equipment, Technology, Vessels

    International Dredging and Offshore Contractor Van Oord has chosen Sealink customised VSAT from Marlink to provide data communication services for three offshore rock placement vessels. The five year contract covers Marlink’s provision of end-to-end services and includes facility to provide ad-hoc coverage should the vessels be operating in extreme remote areas. The Sealink Service Agreement, […]

  • Tordis and Vigdis Subsea Fields Achieve Production Milestone ‎ (Norway)

    15 February 2011

      Tordis and Vigdis, subsea fields in the North Sea, recently achieved production of a hundred million cubic metres oil. And there’s still a lot more to come. They’ve worked hard and steadily on the seabed for years; Tordis since 1994, Vigdis since 1997. They recently notched up an overall production of 100 million cubic […]

  • Statoil: Natural Gas is Fit to Serve Europe*s Energy Future

    17 January 2011

    Today, Monday 17 January, Statoil kicks off a marketing campaign arguing for natural gas to be part of Europe’s energy mix for the long term. It also marks that Statoil has been a reliable gas supplier to Europe for over 30 years based on its production from the Norwegian Continental Shelf. “We are making the […]

  • UK: Claycutting Pioneer Marin Group Unveils Next Generation Excavator

    10 November 2010

    Subsea excavation specialist Marin Group has launched the next generation of claycutting tools, taking route preparation technology to a significantly higher level. The Evo Claycutting system ¾ developed and operated by UK-based Marin Group company Marin Subsea ¾ is more powerful, more versatile and much faster to deploy than earlier claycutting equipment and features a […]