Norwegian oil company OKEA has completed the acquisition of Wintershall's interests in three offshore fields in the Norwegian part of the North Sea. The companies first announced the agreement in May.OKEA has acquired 35.2% operated stake in the Brage Unit, 6.4615% stake in the Ivar Aasen Unit and 6% stake in the Nova field from Wintershall Dea for an initial cash consideration of $117.5 million (subject to working capital and other adjustments) based on effective date 1 January 2022…
Semco Maritime has appointed Tor Erik Christoffersen Managing Director of the Group’s Norwegian business. He took up the position on 1 January 2023 and will work from the offices in Bergen and Stavanger, leading Semco Maritime’s 400 colleagues…
Norway's Volstad Maritime has contracted HAV Group subsidiary Norwegian Electric Systems (NES) to deliver the battery package and associated control system for battery charging to one of its subsea construction vessels.Bergen-based NES will…
Five oil and gas companies in Norway, partners in the Troll and Oseberg fields in the North Sea, are looking to build a 1GW floating wind farm in the Troll area, with the plan to use the wind farm to power oil and gas installations. The final investment decision could be made in 2023…
Crude oil loading at Equinor's Sture export terminal on Norway's west coast was interrupted on Thursday after activists from the Extinction Rebellion group breached the facility's safety zone, the company said.Equinor halted the loading of the TS Bergen Aframax vessel…
The Vigdis subsea field in the North Sea has produced oil via the Snorre field for 24 years, and when it came on stream in 1997, it was projected to produce 200 million barrels.To date, according to Equinor, it has produced twice that amount…
DeepOcean, a provider of subsea services to the offshore energy industry, has agreed to invest and take a majority stake in ADEPTH Minerals, a company focused on sustainable exploration and extraction of marine minerals.ADEPTH was founded in Bergen…
Norway's Equinor, with partners Petoro, Shell, Total, and ConocoPhillips, has decided to electrify the Troll West field offshore Norway and has submitted the plan for development and operation to the Norwegian minister of petroleum and energy…
Norwegian offshore vessel operator Eidesvik Offshore has won a contract with Equinor for the platform supply vessel Viking Queen.Eidesvik said Wednesday the new contract would start in April 2021. The contract will begin in direct continuation of the current contract with Equinor…
Norway's Aker Solutions has secured a letter of intent from Equinor to carry out the topside work on the Troll B and C platforms offshore Norway to prepare them for power from shore, in order to reduce the CO2 emissions.Aker Solutions said the contract was very large…
Oil and gas company Wintershall Dea has started drilling the first of what will be six development wells at its Nova field in the Norwegian part of the North Sea.The Nova field, operated by Wintershall Dea which holds a 45% stake, will be developed…
Norwegian offshore vessel owner and manager GC Rieber Shipping has signed an agreement to transfer its fleet management services business to OSM Maritime Group, and become a pure shipowner.Under the agreement, GC Rieber Shipping will transfer all technical…
Norwegian offshore drilling company Odfjell Drilling will recycle its oldest drilling rig the Deepsea Bergen, to focus on its modern, harsh-environment drilling rigs.In a quarterly update on Thursday, Odfjell said that the Deepsea Bergen rig…
Marine coatings specialist Jotun is taking part in the preparation of Odfjell Drilling's Deepsea Stavanger drilling rig for operations in the challenging environment offshore South Africa.Jotun said Monday it was working with Odfjell Drilling…
MOL Norge, a subsidiary of Hungary's MOL, has discovered oil and gas in its production license 820s, at Evra and Iving prospect in the North Sea, offshore Norway.The company said Wednesday it was in the process of completing the drilling of exploration well 25/8-19 S and sidetrack 25/8-19 A…
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