Norwegian oil workers and their employers have extended their pay talks past a midnight deadline in a bid to avert a strike that would reduce the country's oil and gas output, negotiators said on Tuesday.The Lederne trade union has threatened to strike at offshore fields operated by Equinor…
Dutch offshore service provider Ampelmann said it has secured a contract with DeepOcean to support the hook-up and commissioning of the Valhall Flank West (VFW) project, operated by Aker BP.An E-type system will support the Normand Jarstein…
Norway's oil and gas output could be cut by about 440,000 barrels of oil equivalents per day, or about 11% of total production, if workers go on strike from June 4, industry association Norwegian Oil and Gas (NOG) said on Monday.A government…
American independent Hess has chartered the Maersk Resilient jackup rig to drill the Jill exploration well in License 6/16 in the Danish North Sea, Maersk Drilling announced on Friday.The work is expected to commence in September this year, with an estimated duration of 35 days…
Boskalis Subsea Services said it has secured several contracts in the North Sea over the last six months that are worth more than £100 million ($126 million) combined. These include the Total Tyra redevelopment project, an inspection, repair and maintenance (IRM) campaign for Repsol Sinopec…
Production at oilfields that contribute to the North Sea Flotta Gold crude grade has restarted following pipeline repairs, a spokesman for the terminal operator said.Output was shut down in mid-May after a subsea valve on the pipeline from the…
Israel's Delek Group moved closer to listing its Ithaca Energy subsidiary on Thursday by buying most of Chevron's British North Sea oil and gas fields for $2 billion.Under pressure from a fall in oil prices to near 14-year lows of $26 a barrel in 2016…
Norway has asked oil firms to apply for exploration blocks in its so-called mature areas licensing round by August 27, with up to 90 blocks on offer, the Ministry of Oil and Energy said.In March, the ministry announced the predefined areas (APA) licensing round for 2019…
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…
Petrofac announced on Tuesday that its Engineering and Production Services (EPS) business has been awarded two operations and maintenance (O&M) contract extensions for long-standing clients worth a combined value of approximately $32 million…
Oil and gas companies working in Norway have hiked their 2019 and 2020 investment forecasts as they add more field development plans, a survey by the country's statistics agency (SSB) showed on Tuesday.Higher investment raises the prospect of further interest rate hikes by Norway's central bank…
Whatever its investments in wind, Equinor on Monday received a much anticipated greenlight to drill for oil in a mature quadrant of the North Sea, where success with the drill bit could again change field economics for the giant Johan Sverdrup field — and other…
Survey and positioning services provider iSURVEY informs it has been awarded a contract to perform a drilling hazard survey campaign in the North Sea and in the Barents Sea, on behalf of Lundin Norway.Work commences in June, with a seabed geological…
While the offshore market is starting to show some positive signs, some vessel owners and operators in the sector continue to suffer.Utilization and rates for offshore supply vessels (OSV) have improved in 2019, particularly in the North Sea…
Teekay said it has entered into an agreement with Canadian Natural Resources (CNR) to extend the employment of the Petrojarl Banff FPSO unit on the Banff field in the UK North Sea for a period of one year to the end of August 2020.According to Teekay…
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