Heerema Marine Contractors' giant semi-submersible crane vessel Sleipnir has completed its first offshore decommissioning project.The vessel, which has been around for almost a year, has so far mostly conducted installation works, such as the…
Following Norway's decision in April to cut oil production to support oil prices, and the King's approval of the proposed cuts last week, the country's Energy Ministry on Monday announced the list of fields covered by the planned cuts that are expected to take effect from June…
Offshore installation and decommissioning firm Allseas has won a contract to remove three complete offshore platforms and two jackets in Norway for Aker BP.The company said on Wednesday that Aker BP had awarded it a deal for the removal and…
The U.S. oil company ConocoPhillips has extended contracts for offshore helicopters services in Norway with offshore transportation giant Bristow.Under the extension, valid through August 31, 2024, and as part of two separate contracts, Bristow…
Norwegean offshore driller Odfjell Drilling has been awarded the contract for platform drilling and maintenance and minor modifications for ConocoPhillips offshore Norway.The oil drilling, well service, and engineering company said that the…
Oil production at Norway's giant Johan Sverdrup oilfield has risen to around 350,000 barrels per day (bpd), operator Equinor told Reuters on Tuesday.The North Sea field, which began output on Oct. 5, is now western Europe's largest oil producer…
Norway's offshore safety watchdog has given ConocoPhillips consent to use the West Linus mobile facility for production drilling on the Tor field.The consent covers the drilling and completion of eight production wells in connection with the new development of the Tor field (Tor II)…
Allseas announced on Friday it has been awarded an EPRD contract from Repsol Norge to remove, transfer, load-in to shore and dispose of the Gyda platform in the Norwegian North Sea.The contract covers both the 18,000 t topsides and 11,200 t jacket…
American multinational energy corporation ConocoPhillips has submitted a plan for development and operation (PDO) for a redevelopment of the Tor field in the Greater Ekofisk area in the North Sea.According to the Norwegian Petroleum Directorate (NPD)…
Norwegian oil firm Okea predicts all oil majors, except Norway's Equinor, will leave the Norwegian continental shelf in 10 years, opening up opportunities for smaller, independent firms, its chief executive said on Tuesday.The British and Norwegian sections of the North Sea…
Norway's wealth fund will have to divest its holdings in ConocoPhillips and Hess after both U.S. oil companies were added to a list which effectively excludes them from the Nordic country's portfolio.As part of Norway's efforts to shift its $1 trillion 'rainy day' fund away from oil…
Around 200 Norwegian offshore oil and gas workers plan to go on strike on June 4 unless pay negotiations lead to a deal with employers, the Lederne labour union said on Wednesday.A strike would hit seven offshore fields and at least two of those would have to shut production…
On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is also struggling, Rystad Energy said.'Currently we see unplanned outages at Oseberg and Flotta with combined impact of 160…
Oil production in the North Sea will drop by 330,000 barrels per day (bpd) month-on-month in June 2019 as Ekofisk closes for planned work, according to Rystad Energy’s latest forecast.“Production is expected to remain stable through April 2019…
The Ekofisk oilfield in the North Sea will undergo planned maintenance in June, two industry sources said on Wednesday.The work, which will reduce supply of Ekofisk crude, will start on June 2, one of the sources said. Ekofisk is one of the…
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