Statoil started the first stage of the Polarled installation project with the Solitaire pipelaying vessel connecting the pipeline in the Norwegian Sea to Nyhamma. Solitaire. From Allseas. The…
Drilling has started on the Roald Rygg well 6706/12-3 nearby the recently drilled Snedfrid North discovery in the Norwegian Sea. Statoil is drilling on Roald Rygg using the Transocean Spitsbergen semisubmersible drilling rig. Well…
Norway's Statoil and its partners on production license 218 in the Norwegian Sea have made a gas discovery close to the Aasta Hansteen development. The Snefrid Nord discovery, estimated to contain 31-57 MMboe, will increase the Aasta…
Statoil and Rocksource entered into a sale and purchase agreement (SPA) for the PL 602 license in the Norwegian Sea, in which Statoil will acquire Rocksource’s 10% interest. PL 602 is located immediately west of Statoil’s Aasta Hansteen…
Statoil has agreed to buy stakes in production license 602, close to the Aasta Hansteen development project, in the Norwegian Sea from Norwegian exploration firm Rocksource and Faroese explorer Atlantic Petroleum. Statoil will take Rocksource’s 10% stake in PL602 and 2…
Dutch contractor Van Oord’s flexible fallpipe vessel Stornes has set a world record. During a period of four weeks, Stornes, built at CIMC Raffles, placed rock in water depths of up to 1277m. The subsea rock installation works were executed…
Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…
Through water communication and positioning technology firm Nautronix has secured an order to supply NASNet, an underwater positioning system, to Subsea 7. The system will be used on Statoil's Aasta Hansteen field, in the northern Norwegian Sea…
Statoil has agreed to sell off stakes in the Aasta Hansteen spar development, the Polarled pipeline, and a discovery neighboring Aasta Hansteen to Germany’s Wintershall in a US$1.3 billion deal. As part of the deal, Statoil will also…
Statoil’s executive VP of development and production discusses the importance of ONS 2014 and Statoil’s presence and projects. At ONS, Statoil called on the industry to develop a Lego-approach to bring standard parts together as building blocks for projects…
The Aasta Hansteen project, one of biggest and most complex industrial projects in Europe, is on schedule to begin production in 3Q 2017, says Statoil. Statoil, which made a presentation about the project at ONS, in Stavanger, this week…
Atlantic Petroleum entered commercial agreement to farm out 6% of its 15% ownership in license PL528 in the Ivory prospect located in the Norwegian Sea to Repsol. The deal is subject to government approval. The Ivory prospect is gas prone…
Subsea 7 has selected BMT Scientific Marine Services (BMT), a subsidiary of BMT Group, to supply the riser monitoring system for the Aasta Hansteen Spar, about 300km off the coast of Norway. The integrated system includes an innovative…
6.6MM Gazprom’s estimated annual production potential for the Prirazlomnoye field. US$1.9billion The estimated ROV market in 2017. 900 tons The weight of the deck on the Jalilah B platform. 54 rigs were counted offshore the US…
The Ministry of Petroleum and Energy has announced the APA 2014 in the predefined areas on the Norwegian Shelf. Awards are projected to be announced in 1Q 2015. The APA system has been extended with the addition of three blocks in the Barents Sea near Snøhvit field…
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