Odfjell Drilling received a letter of intent for use of the Deepsea Bergen semisubmersible for one firm high-pressure, high-temperature well on the Norwegian Continental Shelf (NCS). Image of the Deepsea Bergen…
Statoil awarded Simon Møkster Shipping contracts for three emergency response and rescue vessels (ERRV); and Havila Shipping for one ERRV. The contacts have a total value, included options, of nearly US$322 million (NOK 2.7 billion). The…
Kerogen Capital plans to commit up to US$300 million to back Pandion Energy, as the company pursues exploration, appraisal and development opportunities on the Norwegian Continental Shelf (NCS) through acquisitions, farm ins and licensing rounds…
Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MOU) for joint efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS)…
Statoil and Tullow Norge have entered an agreement for Statoil to increase its equity in four licenses on the Norwegian continental shelf (NCS), which includes the Wisting discovery in the Barents Sea. The deal includes Tullow transferring…
Wood Group has been awarded a four-year frame agreement by Wintershall Norge to tender for provision of modification and maintenance services to assets in the Norwegian continental shelf (NCS). The deal comes with two three-year extension options and is effective immediately…
In the awards in predefined areas (APA) round 2015, Statoil has been awarded interest in 24 licenses on the Norwegian continental shelf (NCS), 13 of those as operator and 11 as partner, breaking the company’s 2005 record for number of licenses awarded…
HitecVision merged three oil companies into Point Resources, a robust mid-sized independent oil company focused on the Norwegian Continental Shelf (NCS). The new company will engage in both exploration, development and production on the NCS…
Norwegian oil major Statoil has acquired an 11.93% stake in Swedish exploration firm Lundin Petroleum's shares. Statoil says the move increases its indirect exposure to core assets on the Norwegian Continental Shelf (NCS), including the Johan Sverdrup and Edvard Grieg fields…
Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp and Prezioso Linjebygg. They will provide services to 20 of the company’s…
UTEC NCS Survey, part of UTEC (an Acteon company), has announced the award of a multi-year rig move and positioning framework contract with Total. Total recently awarded the three-year contract with the opportunity to provide positioning…
Statoil delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. Map of the 23rd licensing round, from Statoil. It…
The Norwegian Oil and Gas Association has offered a glimmer of hope for contractors and suppliers on the Norwegian Continental Shelf (NCS), suggesting investment is set to rise 'substantially' in 2018 and 2019. The trade body said investment…
UTEC NCS Survey was awarded a contract for heavy lift support services for a major project in the Baltic Sea. Partnering with LDD the contract is to deliver, in January 2016, a pile guide frame monitoring system, which will be used for…