Norwegian energy company Sval Energi said Monday it had strengthened its position on the Norwegian Continental Shelf by closing the previously announced Martin Linge and Greater Ekofisk Area transactions with Equinor and the acquisition of Suncor Energy Norge AS…
Offshore installation and decommissioning contractor Allseas has shared a video of its removal of Repsol Norge's 30,000 tonne Gyda platform.The video, featuring its Pioneering Spirit heavy lift vessel follows the removal and delivery of the platform's 11…
Allseas' giant Pioneering Spirit vessel recently removed the 18,400-tonne former drilling and production facility Gyda from the Norwegian North Sea in a single lift, and brought it ashore in Norway for disposal.Under a contract by Repsol, Allseas is also booked to remove the massive 11…
Norwegian offshore services firm Aker Solutions said Wednesday it had secured a 'significant' three-year contract extension to an existing framework agreement for work at North Sea fields operated by ConocoPhillips Skandinavia.Aker Solutions defines a significant contract as being between NOK 1…
Norwegian oil company Sval Energi has completed the acquisition of Spirit Energy Norway from Centrica.The USD 1,026 million Spirit Energy Norway acquisition closed May 31, with January 1 2021 as the commercial effective date. The acquisition includes 45 licenses (6 operated)…
Norwegian oil and gas company Equinor has agreed to sell its non-operated share in the Greater Ekofisk Area and a minority share in the Martin Linge offshore field, both offshore Norway, to Sval Energi for $1 billion in cash, plus contingent payments linked to oil and gas prices in 2022 and 2023…
ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the U.S. petroleum company said.Known as Eldfisk North, the development is part of the wider Ekofisk area…
Oil and gas company ConocoPhillips has received license extensions for the production licenses in the Greater Ekofisk Area offshore Norway from 2028 to 2048. Ekofisk, Norway's first commercial offshore oil discovery made in 1969, was brought online in 1971…
SFL Corporation, the owner of the West Linus jack-up drilling rig, has signed a rig management deal with offshore drilling firm Odfjell Drilling for the provision of management services for the harsh-environment unit.The rig, delivered in 2014…
Supply of the five North Sea crude oil grades underpinning the dated Brent benchmark will average about 707,000 barrels per day (bpd) in February, loading programs showed, down from 813,000 bpd planned in January.Dated Brent is based on the Brent…
ConocoPhillips presented on Monday plans for the development of Norway's Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns ($1.46 billion), the U.S. oil firm said.Located in the southern sector of Norway's North Sea…
Oil and gas company Wellesley Petroleum has received regulatory approval from Norwegian Petroleum Directorate to drill an exploration well in the North Sea, off Norway.The well, formally named well 36/1-4 S, will be drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…
Norwegian offshore vessel owner Solstad Offshore has secured a contract extension for one of its platform supply vessels.In a brief statement on Wednesday, Solstad said that the one-year charter extension had been awarded to its 94,2-meter-long PSV Normand Server…
Norwegian oil and gas operator DNO has made a minor oil discovery on the Gomez prospect in the North Sea, offshore Norway.The exploration well, located 14 kilometers east of the Ekofisk field, encountered hydrocarbons in the primary target in the Våle Formation of the Paleocene Age…
ConocoPhillips has awarded Norway's Aker Solutions a large topside modification contract for Tommeliten Alpha development, offshore Norway. The topside modification contract award follows the final investment decision by the license partners…
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