Aker Solutions has signed a sizeable contract to deliver maintenance and modification services for Vår Energi’s Jotun, Balder, and Ringhorne assets in the southern area of the Norwegian Continental Shelf (NCS).The five-year agreement includes…
Norwegian Ministry of Energy has offered two CO2 storage permits to Harbour Energy, Equinor, and Aker BP, both located in the North Sea.One of the permits is being offered to a group consisting of Harbour Energy (operator) and Equinor Low Carbon Solution…
The Norwegian Offshore Directorate has granted Aker BP two drilling permits for wildcat wells in the Norwegian Sea.The permits are for wellbore 6306/6-3 S in production license 886, and 6507/5-13 S in production license 212.Aker BP operates the license 886…
Floating Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have awarded front-end engineering and design (FEED) contracts to two partnership for the delivery of 560 MW GreenVolt floating wind farm offshore Scotland…
Oil and gas companies operating in Norway expect to invest a record 275 billion Norwegian crowns ($24.68 billion) in 2025, up from 263.7 billion this year and more than previously expected, the Offshore Norge industry association said on Monday…
Aker Solutions has signed a two-year contract extension for maintenance and modifications work for Aker BP, which covers the operated field centers Valhall and Hod, Ula and Tambar, Alvheim and Skarv, offshore Norway.The existing frame agreement…
Aker BP and its partners have drilled a wildcat well in the northern part of the North Sea, which proved to be dry.The well 34/6-7 S was drilled with Odfjell Drilling’s Deepsea Nordkapp semi-submersible rig, about 40 kilometres north of the Visund field…
Norwegian oil and gas operator DNO has made an oil discovery in the Othello prospect in the southern North Sea, offshore Norway, refuting what the industry deemed as a dry belt area.The discovery was made in wildcat well 2/6-7 S in production license 108…
Lighting solutions specialist Glamox has secured contracts to provide around 5,000 energy-efficient marine LED lights for new oil and gas platforms being built for the Yggdrasil and Valhall PWP-Fenris developments in the North Sea.The contracts include around 4…
AGR’s reservoir management and subsurface team has delivered technical peer review of two carbon storage licenses in the Norwegian North Sea to Aker BP.The review's main goal was to ensure the evaluation of the two CO2 storage licenses has been…
Aker BP expects Norway's largest oilfield Johan Sverdrup to produce at peak levels well into 2025, it said on Wednesday, taking a more bullish view than the field's operator and boosting its shares.The Norwegian company, partly owned by BP,…
Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble…
Norwegian oil firm Aker BP, partly owned by BP, on Wednesday reported a bigger-than-expected decline in third-quarter operating profit, but said its full-year output would be in the upper-half of its forecast.The group's profit before interest and tax fell to $1…
Esgian highlights that operators in Norway are preparing new wells for Odfjell Drilling, COSL and Saipem semisubs in its Week 41 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling has secured new contracts for its 350-ft jackups…
Energy firms Equinor, Aker BP and Vaar Energi have raised their crown-denominate cost estimates for major oil and gas development projects offshore Norway, the country's government said on Monday.Equinor's Johan Castberg project is now expected to cost 86 billion crowns ($8…