Offshore Arctic News - page 4


Photo: Johan Castberg Anchor System Installation Underway

May 27, 2020

Norwegian offshore vessel contractor Island Offshore has shared photos of what it says is one of the most comprehensive anchoring projects globally in 2020 - the installation of an anchor system for Equinor's Johan Castberg project in the Barents Sea…

Mammoet Lands its ‘Biggest Ever’ Contract at Arctic LNG 2 Project

May 25, 2020

Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas…

Japanese Bank Puts Oil Sands, Arctic Drilling on 'Restricted' List

May 13, 2020

Mitsubishi UFJ Financial Group said on Wednesday it has put oil sands extraction and drilling for crude oil and gas in the Arctic on its 'restricted transaction' list, potentially a further tightening on financing fossil fuels by Japanese banks…

Lundin Gets Drilling Permit for Barents Sea Well

May 12, 2020

Lundin Energy has obtained a drilling permit for an offshore exploration well in the Barents Sea, off the Norwegian coast.The Norwegian Petroleum Directorate said Tuesday that it had granted Lundin Energy Norway permission to drill the well formally named 7219/11-1…

Gazprom's Arctic Gas Find Named '75 Years of Victory'

May 11, 2020

Russian gas giant Gazprom has named a new field discovered in the Yamal gas production center '75 Years of Victory' or 75 Let Pobedy in Russian, marking 75 years since the end of World War II and the victory over Nazi Germany.Gazprom discovered…

Equinor to Shut Hammerfest LNG Plant for Two Weeks in May

May 06, 2020

Equinor will shut down its Melkoyea liquefied natural gas (LNG) plant for two weeks of maintenance in the second half of May, the Norwegian oil and gas company said on Wednesday.The shutdown of the plant, also called Hammerfest LNG, which liquefies…

Hilcorp to Conduct Geohazard Survey in Cook Inlet, Alaska

May 05, 2020

Oil and gas company Hilcorp has received permission from the U.S. Bureau of Ocean Energy Management to carry out a geohazards survey in the federal waters of Cook Inlet, off the coast of Southcentral Alaska. The area to be surveyed is in lower Cook Inlet…

Spirit Energy Gets OK for Barents Sea well

May 01, 2020

Oil and gas company Spirit Energy has been given the approval to drill an offshore well in the Barents Sea, offshore Norway.The country's offshore oil and gas safety body PSA Norway, said this week that it had given Spirit Energy permission to drill the 7321/8-2 S offshore well…

Johan Castberg FPSO Turret Mooring System Complete

Apr 27, 2020

Dutch company SBM Offshore has announced the sailaway of the last two modules for the Turret Mooring System built for Equinor's Johan Castberg FPSO which will, once completed, be deployed in the Barents Sea, offshore Norway.The modules will…

Norway Proposes Extension to Arctic Offshore Drilling Boundary

Apr 24, 2020

Norway plans to extend its no-go zone for oil exploration in the country's Arctic waters but stopped short of areas for which licenses have already been granted to oil companies.The government on Friday proposed an extension of the so-called…

Norwegian Supreme Court to Hear Lawsuit Against Arctic Drilling

Apr 20, 2020

Norway's supreme court will hear a lawsuit opposing the country's Arctic oil exploration brought by Greenpeace and other environmental groups, it said on Monday, in a landmark case for Western Europe's largest oil and gas producer.The environmental…

IKM Testing in Long-Term Barents Sea FPSO Work Award

Apr 16, 2020

Norwegian energy giant Equinor has awarded IKM Testing a long-term contract for work at Johan Castberg FPSO destined for deployment in the Barents Sea, offshore Norway.The scope of work for IKM Testing covers N2/He Leakage testing & PSV calibration and supplementary work related to testing such as…

Ocean Installer Charters Island Victory for Barents Sea Work

Apr 08, 2020

Offshore installation company Ocean Installer has chartered Island Offshore's Island Victory vessel for work in the Barents Sea, offshore Norway.Island Offshore said Wednesday the vessel had already started working for Ocean Installer on a 60…

Norway Offers 36 Offshore Blocks, None in Barents Sea

Mar 30, 2020

Norway is offering oil firms 36 offshore exploration blocks in this year's licensing round in mature areas and for the first time in a decade did not offer any blocks in the Barents Sea.All the blocks are offered in the western part of the Norwegian Sea…

Gazprom Neft to Boost Arctic Oil Production

Mar 24, 2020

Gazprom Neft, the oil arm of Russian gas giant Gazprom, plans to raise oil production at its Arctic projects this year, the company said on Tuesday.It said its oil production at the Novy Port project will rise to 8 million tonnes (160,000 barrels per day) in 2020 from 7…

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