Rising subsea development costs have led Statoil to set a target for 20-30% cost reduction on projects. Elaine Maslin reports from the Underwater Technology Conference. Subsea – facing new realities” was the slogan for this year’s Underwater Technology Conference (UTC) in Norway…
The three Norwegian offshore service companies, Bergen Group, Semco Maritime, and Apply Rig & Modules, have joined forces to setup a new partnership, Hanøytangen Rig Services, to meet the growing rigging service market. According to a statement from the three companies…
Norwegian offshore services and shipbuilding firm Bergen Group and Calexco have finalized a deal which sees Bergen Group sell its majority interest in NorYards to Calexco. NorYards is now 70% owned by Calexco, and 30 % by Bergen Group…
Bergen Group has decided to accelerate the process of reducing the group's future involvement in the shipbuilding business in favor of a more dedicated focus on offshore related activities. As a part of this process, Bergen Group…
Bergen Group Hanøytangen is in takeover talks with the owners of Norwegian decommissioning firm Scanmet AS. Bergen Group says Scanmet AS is among the oldest and most experienced companies in Norway that carry out decommissioning of oil installations in the North Sea…
Norwegian exploration firm Rocksource has announced plans to consolidate all its operations to its Bergen head office. As a result of the move, which was decided after a strategic review, the company’s Chief Financial Officer, since it was founded in 2004…
Paleontologist Robert W. Williams, University of Bergen professor, Rolf Birger Pedersen, and Nils Rune Sandstå, found the columnar basalt in the southwestern part of the Gjallar Ridgein the western Norwegian Sea.
Norwegian Centre of Expertise Subsea (NCE Subsea) and the University of Bergen (UiB) have signed an agreement that makes the university a new partner in the subsea cluster network. Through the partnership, NCE Subsea and UiB want to improve communication between researchers and industry…
Huisman opened a new office in Bergen, Norway: Huisman Norge AS. The new representational office is a 100% subsidiary of Huisman and is set up to meet the increasing demand within the Norwegian offshore market. This is the first Huisman office in Scandinavia…
Subsea monitoring outfit Naxys has gained access to top research facilities after being bought out by global giant GE. Naxys’ work in the field of subsea monitoring systems led it to be snapped up by Measurement & Control, a business of GE Oil & Gas earlier this year…
Bergen-based explorer Rocksource said this morning that its exploration well on the Storbarden prospect will be plugged and abandoned after finding no hydrocarbons. The well was drilling on PL 506S in the Norwegian sector of the North Sea using the Borgland Dolphin drilling rig…
WorleyParsons agreed to acquire 100% of the shares of Bergen Group Rosenberg AS for a cash consideration of NOK 1 billion (including more than NOK 200 million of acquired cash). Norwegian-listed Rosenberg is a wholly-owned subsidiary of Bergen Group ASA…
Polar PrinceReef to conduct seismic installation at GraneReef Subsea announced that one of its Norwegian subsidiaries, Reef Subsea Norway, has been awarded a major contract by Statoil for the full seismic system installation of the Grane field offshore Norway…
Schat-Harding opened two new Norwegian offices and service centres, in Bergen and Stavanger. Both bases will focus on delivering in-service support and maintenance for lifeboats and davits in the North Sea.
The era of the oil & gas industry is not over. Predictions for global energy demand can’t be met without an increasing utilization of petroleum recourses. And when many thought our industry was in decline, elephant discoveries in the North Sea…