Norway's Statoil has terminated its contract with COSL Offshore Management for the semisubmersible drilling rig COSL Innovator, which it was using on the Troll field in the Norwegian North Sea. One man died and two more wre injured after a wave hit the rig on 30 December last year…
One person has died and two more were injured after a breaking wave hit the COSL Innovator semisubmersible drilling rig around 5pm local time on 30 December, Statoil announced. The rig, which is under contract with Statoil for the Troll field in the North Sea…
A total of 26 oil and gas companies applied for rights to explore acreage in the Norwegian and Barents Seas in Norway’s 23rd licensing round this week. This year’s licensing round comprises of 57 announced blocks or parts of blocks, of…
Statoil’s Troll field is about to see a natural gas increase of about 83 Bcm this month after the installation of two giant compressors at Troll A, offshore Norway. The US$1.2 billion (NOK 10 billion) project came in at $121 million (NOK 1 billion) under budget…
Det norske oljeselskap has entered into an agreement to acquire Svenska Petroleum Exploration for US$75 million on a cash free, debt free basis. Svenska has 15 employees in Norway, of which all will be transferred to Det norske. Svenska holds 13 licenses in Norway…
Norske Shell, operator of production license 793, came up dry at the wildcat well 6407/10-5, offshore Norway. The well has been drilled about 20km southwest of the Draugen field, less than 10km southeast of the Njord field in the southern…
Shell’s Portrush prospect in the Norwegian Sea encountered no hydrocarbons and will be permanently plugged and abandoned, according to partner Faroe Petroleum. Image of the Transocean Barents. From Transocean…
Shell has started drilling on the Portrush exploration well 6407/10-5 in the Norwegian Sea. The Portrush prospect is in license PL793 about 10km southeast of the producing Statoil-operated Njord field and 20km west of the Shell-operated Draugen field…
The Research Council of Norway has through its Petromaks 2 program awarded 4Subsea funding for a research initiative on corrosion in flexible pipes. The initiative aims at developing new and improved ways of assessing structural integrity…
Drilling to further grow the resources around the Njord field in the Norwegian Sea has started, with more expected this year, helping firm up plans for the greater Njord area, according to partner Faroe Petroleum. Concept selection for…
Subsea challenges are in focus at this week’s Underwater Technology Conference in Bergen. While the conference examines future oilfield challenges, we take a look back at past innovations in the industry. In the final article in a three-part series…
Bergen, Norway-based Rocksource has selected former Tullow Norway head, Roar Tessem, as its new CEO, following the departure of Terje Arnesen, whose exit was announced on 1 June. Tessem has 30 years’ experience within the exploration and production industry…
Det norske installed the 8900-tonne steel jacket for its Ivar Aasen platform in the North Sea. The Ivar Aasen steel jacket. Images from Det norske. The Saipem-built jacket was lifted in place down to the seabed at 112m water depth…
Norwegian authorities granted Shell Norske permission to operate the Draugen field for a short period beyond its expected lifetime. But, the Petroleum Safety Authority (PSA) was not able to give consent for Shell to use the Draugen facilities beyond 2024…
Petroleum and energy minister Tord Lien opened the Valemon gas and condensate field in the North Sea on 16 April. Expected recoverable reserves from the field are 192 MMboe. Valemon ribbon cutting…
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