Equinor has received consent from Norwegian regulator to use Transocean Enabler rig for production drilling/completion and drilling of exploration segment in the Barents Sea.The Norwegian Ocean Industry Authority (Havtil) issued a permit to Equinor for drilling operations at Johan Castberg field…
Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering.Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous…
Aker BP-operated Hanz field in the Norwegian part of the North Sea, which is tied into the Ivar Aasen platform, has started production.Hanz is operated by Aker BP with 35% working interest, with partners Equinor owning 50% and Sval Energi 15% stake…
The Sleipner field center, along with the Gudrun platform and other associated fields - operated by Equinor - is now partly operating on power from shore in a decarbonization effort that will reduce annual emissions from the Norwegian continental shelf (NCS) by 160…
UK-based offshore intelligent energy management and energy storage specialist firm Verlume reports it has signed a memorandum of understanding (MOU with Swedish energy-tech company SeaTwirl to collaborate around electrification of offshore assets and decarbonization of the oil and gas industry…
Equinor, on behalf of the partners, is exercising two options to extend contracts with Archer AS, KCA Deutag Drilling Norway AS and Odfjell Operations AS for a total of four years.The options for drilling services on fixed installations on the Norwegian continental shelf provide jobs for 2…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea, to be conducted with Transocean Enabler semi-submersible drilling rig.The permit is for the 7220/2-2 exploration well in production license 1080…
Production at the Equinor-operated Johan Sverdrup oilfield, the North Sea's largest, is expected to start declining from peak levels in about a year, partner Aker BP said on Thursday.Sverdrup's production was ramped up last year to 755,000 barrels of oil per day (bpd)…
Norwegian offshore wind vessel owner Edda Wind announced it has appointed Hermann Hovland Øverlie as its new chief financial officer (CFO) following the resignation of Tom Johan Austrheim. Øverlie will join Edda Wind March 1, 2024.Øverlie is…
COSLProspector semi-submersible drilling rig has departed from the shipyard in Canary Islands, and it’s now on its way to Norway, where it will undergo repairs ahead of assignment with Vår Energi in the Barents Sea.COSL's 4,921-ft semisubmersible…
Norwegian oil and gas giant Equinor is collaborating with the maritime and offshore technology company Kongsberg Digital to boost its personnel skills to protect the environment, prevent offshore incidents, and perform holistic crisis management in advanced offshore operations…
Norwegian oil group Aker BP on Friday reported better-than-expected third-quarter operating profit, and said the cost per barrel produced could be slightly lower this year than previously anticipated.Aker BP, which is partly owned by BP, said earnings before interest and tax declined to $2…
The Swedish investigation into the sabotage last year of the Nord Stream pipelines is at a sensitive stage and the prosecutor hopes to decide whether to bring any charges before the end of this year, he told Reuters on Wednesday.In September 2022…
Costs at Equinor-operated Johan Castberg offshore field development project have increased by almost NOK 13 billion (currently $1,2 billion) since last year, but the production start-up date remains unchanged and is still slated for the fourth quarter of 2024…
Vår Energi has secured the COSLProspector drilling rig for a two-year drilling program in the Barents region offshore Norway, which the company sees as an important strategic priority area.Signed in cooperation with Equinor, the rig contract…
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