864 results found for 'valemon'

864 results found for 'valemon'
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  • Platform removal marks end of era in Norway’s energy history

    10 July 2025
    Business Developments & Projects, Project & Tenders

    Norwegian state-owned gas grid operator Gassco has completed one portion of the decommissioning job it is undertaking at a field in the North Sea.

  • Statoil’s Financial Results Impacted by Lower Gas Prices, CEO Says

    25 July 2013
    Business & Finance

    Statoil, an international energy company with operations in 35 countries, has announced second quarter 2013 results. Statoil’s net operating income for the second quarter was NOK 34.3 billion compared to NOK 62.0 billion in the second quarter of 2012. Adjusted earnings were NOK 38.0 billion, compared to NOK 45.8 billion in the second quarter of 2012. […]

  • Hyundai Heavy, Hertel Pen EPC Deal for Aasta Hansteen LQ

    29 April 2013

    Hertel Offshore have signed a €70 million contract with Hyundai Heavy Industries for the engineering, design and construction (EPC) of the new accommodation for Statoil’s Aasta Hansteen platform. This is another big Norwegian contract for Hertel Offshore and follows on from the award for Statoil’s Valemon Living Quarter (LQ) project in 2011 and the Shell […]

  • Hertel Offshore Inks Contract with HHI for Aasta Hansteen Living Quarter

    29 April 2013
    Business & Finance

    Hertel Offshore have signed a €70 million contract with Hyundai Heavy Industries for the engineering, design and construction (EPC) of the new accommodation for Statoil’s Aasta Hansteen platform. This is another big Norwegian contract for Hertel Offshore and follows on from the award for Statoil’s Valemon Living Quarter (LQ) project in 2011 and the Shell […]

  • Archer and Altus bag North Sea contract with Equinor

    19 January 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Equinor has awarded Archer, in alliance with Welltec Oilfield Services and Schlumberger, a contract to provide integrated wireline services.

  • Statoil hands out contracts worth over $1B

    5 January 2016
    Business & Finance

    Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion ($1.2 billion) for insulation, scaffolding and surface treatment services to Beerenberg Corp AS and Prezioso Linjebygg AS. They will provide services to 20 of the company’s 29 installations on the Norwegian continental shelf (NCS) when the contracts take effect. Carried out […]

  • Strike could shut down production on Equinor’s Johan Sverdrup

    8 October 2020
    Business & Finance, Business Developments & Projects

    Norwegian oil major Equinor has warned that the Johan Sverdrup field in the North Sea would have to close production until further notice if the ongoing strike on the Norwegian Continental Shelf continues until 14 October.

  • Statoil Awards North Sea Contract Worth Up to $244 Million to Bergen Group (Norway)

    26 November 2010

    Statoil has awarded Bergen Group Rosenberg a contract for building and installing a compressor module on the Kvitebjørn platform in the North Sea. This will contribute to improving the recovery rate and accelerating production at the Kvitebjørn field by allowing for production with reduced wellhead pressure. The engineering, procurement, construction, installation and commissioning (EPCIC) contract […]

  • Norway: Statoil Gives Vilje Operatorship to Marathon Oil

    16 May 2012
    Business & Finance, Operations & Maintenance

    Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the area, gets to optimise the […]

  • Statoil Confirms New Discovery in Gullfaks Area (Norway)

    4 January 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil’s drilling of the Skinfaks South well in the North Sea has been completed and the estimated volume is between 1.9 and 6.9 million barrels of oil equivalents. This is the fourth infrastructure-near discovery in the Gullfaks area in a 10 month period. Light oil has been confirmed in Middle Jurassic reservoir rocks (Brent group) […]

  • Norway: Statoil Awards North Sea Contract Worth Up to $244 Million to Bergen Group

    26 November 2010
    Business & Finance

    Statoil has awarded Bergen Group Rosenberg a contract for building and installing a compressor module on the Kvitebjørn platform in the North Sea. This will contribute to improving the recovery rate and accelerating production at the Kvitebjørn field by allowing for production with reduced wellhead pressure. The engineering, procurement, construction, installation and commissioning (EPCIC) contract […]

  • 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 […]

  • Norway’s Prime Minister opens Gudrun platform

    19 August 2014

    The prime minister of Norway Erna Solberg officially opened the Gudrun platform in the North Sea today, 19 August. This is the first new Statoil-operated platform on the Norwegian continental shelf (NCS) since Kristin in 2005. Prime minister of Norway Erna Solberg and chief executive Helge Lund were greeted by Gudrun platform manager Ole Martin […]

  • Statoil Marks Unique Year on Norwegian Continental Shelf

    4 January 2012
    Business & Finance, Operations & Maintenance

    “Statoil has completed a fantastic year, both in terms of exploration successes, and the development of our portfolio on the Norwegian continental shelf (NCS),” says Øystein Michelsen, executive vice president for Development and Production Norway. According to Michelsen the NCS will remain the backbone of Statoil for many years ahead. The company will maintain the […]

  • Equinor field at risk of shutdown over possible strike at Mongstad

    15 February 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Human Capital

    Norwegian oil and gas company Equinor has warned that possible strike action at the Mongstad refinery could affect offshore fields on the NCS.

  • New field start-ups bump petroleum sector emissions in Norway

    30 May 2016

    The Norwegian Petroleum Directorate (NPD) reported on Monday that the petroleum activities in 2015 generated 13.5 million tonnes of CO2 emissions, an increase of 400,000 tonnes (3 per cent) compared with the previous year.  NPD said this was mostly due to start-up difficulties on the Knarr field and start-up of the Valemon and Edvard Grieg fields, which […]

  • Heerema to build jacket for Statoil’s Peregrino II project

    16 May 2017
    Business & Finance, Project & Tenders

    Dutch contractor Heerema Fabrication Group has been awarded a procurement and construction contract for the Peregrino II jacket by South Atlantic Holding B.V. on behalf of the Statoil Peregrino II project off Brazil.  The Peregrino field – discovered in 1994 – is a heavy oil field, situated in the South and South West section of the […]

  • Statoil Confirms Wireline Tractor Services Contracts (Norway)

    10 October 2012
    Business & Finance, Equipment

    Welltec and Aker Well Services will deliver solutions for equipment deployment and maintenance in horizontal wells on more than 40 installations on the Norwegian continental shelf. This technology is important to increase recovery on Statoil’s fields offshore. Statoil has, together with its partners, awarded Welltec and Aker Well Service AS wireline tractor services contracts for […]

  • Norway: Statoil Confirms Wireline Tractor Service Contracts with Aker Well Service and Welltec

    10 October 2012
    Business & Finance, Project & Tenders

    Welltec and Aker Well Services will deliver solutions for equipment deployment and maintenance in horizontal wells on more than 40 installations on the Norwegian continental shelf. This technology is important to increase recovery on Statoil’s fields offshore. Statoil has, together with its partners, awarded Welltec and Aker Well Service AS wireline tractor services contracts for […]

  • Norway: Statoil, Centrica Nail Down USD 1.6 bln Assets Sale

    30 April 2012
    Business & Finance

    The transaction following Statoil’s divestment and exit from several licenses on the Norwegian Continental Shelf (NCS) in November last year is now closed. The buyer was the UK based energy company and established NCS player Centrica and the consideration was USD 1.525 billion. An additional payment of up to US$100 million (£63 million) is contingent […]

  • Shell sheds two Norwegian fields

    20 June 2018
    Business & Finance

    Shell has reached an agreement with OKEA AS to sell its entire 44.56% interest in Draugen and 12.00% interest in Gjøa in Norway.

  • Statoil Nets 10 Production Licences on NCS

    21 January 2014

    Statoil has been awarded interests in 10 production licences in the Awards in Predefined Areas 2013 (APA 2013) on the Norwegian continental shelf. Statoil will be the operator in 7 of the licences. “We are very pleased with the APA 2013 award which is in line with our strategy. It makes a good basis for […]

  • Statoil in USD 1.3 Bln Asset Sale Off Norway

    12 September 2014
    Business & Finance, Operations & Maintenance

    Statoil ASA farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through this transaction Statoil monetises on the Aasta Hansteen field development project, while retaining the operatorship and a 51 % equity share. In addition Statoil exits the non-core […]

  • VELA wind-powered trimaran starts new era of sustainable shipping in pharma

    24 September 2025
    Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Japanese pharmaceutical company Takeda and French shipping company VELA Transport have entered into a business partnership that will enable Takeda to transport its products between Europe and the U.S. using the latter’s first-of-its-kind sailing cargo trimaran.

  • Statoil Awarded New Licences on Norwegian Continental Shelf

    21 January 2014
    Business & Finance, Operations & Maintenance

    Statoil has been awarded interests in 10 production licences in the Awards in Predefined Areas 2013 (APA 2013) on the Norwegian continental shelf. Statoil will be the operator in 7 of the licences. “We are very pleased with the APA 2013 award which is in line with our strategy. It makes a good basis for […]