Norway News


TAQA Hires Solstad Offshore's PSV for North Sea Support

Apr 20, 2021

Norway's Solstad Offshore has signed a contract with TAQA Bratani Limited for the platform supply vessel Sea Flyer.The vessel will be used to support TAQA’s UK North Sea assets for a firm period of two years. The contract is expected to begin in July 2021…

Undertun Industri to Provide Gangway for MMA Offshore in Australia

Apr 20, 2021

Norway-based Undertun Industri has signed a contract to provide rental of a 15m Motion Compensating Gangway to the Australian offshore vessel operator MMA Offshore.'The gangway will provide safe and efficient crew transfer from an MMA Offshore…

Magseis Fairfield Joins as Partner in Norway's Centre for Geophysical Forecasting

Apr 20, 2021

Ocean bottom node seismic data acquisition specialist Magseis Fairfield has applied and been approved as a partner in the Centre for Geophysical Forecasting (CGF).The CGF is one of The Research Council of Norway’s funded centers that is hosted…

Norway's March Oil and Gas Output Slightly Below Expectation

Apr 20, 2021

Norway's oil and gas production slightly lagged official expectations in March, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output fell 1.1% from February to 1.773 million barrels per day (bpd) in March…

Equinor Urges Shareholders to Reject Activist's Emissions Targets Proposal

Apr 19, 2021

Equinor urged its shareholders on Monday to reject a proposal by an activist group to set intermediate targets for reducing emissions from the use of its energy products.The majority state-owned company has pledged to boost investment in renewables…

Clean Crude? Oil Companies use Offsets to Claim Green Barrels

Apr 16, 2021

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.While the two-million-barrel cargo to India was destined to produce more…

Palfinger Equipment for Ocean Infinity's Robotic Vessel Fleet

Apr 15, 2021

Palfinger, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, has won a contract to deliver equipment for Ocean Infinity's fleet of robotic vessels to be built by VARD.Ocean Infinity, a U.S…

CNOOC Taps Worley for EPC Services on UK North Sea Platforms

Apr 15, 2021

Australia-based engineering and construction company Worley has won a contract extension with the Chinese oil company CNOOC to provide engineering, procurement and construction (EPC) services for CNOOC's three operated assets in the UK North Sea…

Aibel: Large Johan Sverdrup P2 Platform Module Leaves Thailand

Apr 13, 2021

Norwegian company Aibel, specializing in the construction of modules for offshore oil and gas platforms, last week saw the giant Main Support Frame (MSF) module for the Johan Sverdrup P2 platform in Norway leave its yard in Thailand, two years after the start of the construction…

Woodside CEO Coleman to Retire in June

Apr 13, 2021

Australian oil and gas company Woodside said Tuesday its CEO Peter Coleman would retire from the company on June 3, 2021.'This follows the announcement in December 2020 of Mr. Coleman’s intention to retire from Woodside in 2021, by which time Mr…

Nexans Awards $23,5M ROV Contract to IKM Subsea

Apr 13, 2021

Nexans Norway, a company building and installing subsea cables for the international offshore energy industry, has signed a  ROV services contract with ROV specialist IKM Subsea.Under the contract, IKM Subsea, based in Bryne, Norway, will deliver ROV services on vessels Nexans Skagerrak…

Environmental Groups Call on Norway to Stop Deep-sea Mining Plans

Apr 12, 2021

Six environmental organizations, including the World Wildlife Fund and Greenpeace, on Monday, called on Norway to stop plans to open ocean areas for deep-sea mining.The government in January launched a process to open areas on its extended continental…

Equinor Secures Approvals to Drill Two North Sea Wildcats

Apr 12, 2021

Norway's Equinor has received approvals to drill two offshore wells in the production licence 090 in the North Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which has granted the regulatory approvals for the drilling operations…

Norway's Oil Fund Should Invest in Fewer Companies, Gov't Says

Apr 09, 2021

Norway's $1.3 trillion wealth fund, the world's largest, should reduce the size of its global company reference index by between 25% and 30% to better follow up companies, primarily by removing small-cap stocks, the finance ministry proposed on Friday…

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