TGS announced a collaboration agreement with Apparition Geoservices to jointly provide integrated, encoded simultaneous source acquisition solutions to drive the next level of efficiency in seismic surveys.During the agreement term of four years…
Equinor posted on Wednesday a 57% year-on-year decline in second-quarter core profit, in line with expectations as oil and gas prices fell, while maintaining its dividend and share buyback levels.The Norwegian energy group's adjusted earnings before interest and tax for April-June fell to $7…
Norwegian oil group Aker BP on Thursday reported a rise in second-quarter earnings that matched expectations as record production offset weaker prices for oil and gas, and lifted its full-year production outlook. Norway's second-largest listed oil company…
Norway's oil and gas industry safety watchdog Petroleum Safety Authority Norway (PSA) has concluded its investigation into a January 2023 incident at Equinor's onshore processing plant in Mongstad, where a worker fell from scaffolding from a height of 23…
SeaTwirl, a Swedish company developing vertical-axis floating wind turbines, said Wednesday it had received its first commercial revenues.'The purchase order applies to a bid for a new wind turbine application in the North Sea,' SeaTwirl said…
Aquila Holdings, through its subsidiary Axxis Multi Client AS, on Tuesday announced a USD 0.34 million - net to Aquila Holdings - multi-clientseismic data licensing contract with an existing customer. Under the contract, the customer will license…
Sweden hopes to be able to determine who was behind the Nord Stream gas pipeline sabotage by the autumn, the prosecutor leading the country's investigation told Swedish radio.In September 2022, several unexplained underwater explosions ruptured…
Norwegian offshore services company Aker Solutions has won a contract with the oil and gas company Equinor to deliver the first Submersible Wireless Installer for Tubing (SWIFT™) for 18 tubing hanger installations on the Johan Castberg field…
The Norwegian Minister of Petroleum and Energy, Terje Aasland, on Thursday granted approval for the development of Aker BP's Tyrving offshore discovery, which will be a tie-in to Alvheim FPSO.Aker BP as the operator, and its license partners…
Offshore drilling, well, and engineering services provider Odfjell Technology said Wednesday it had achieved 'an industry-first' for cleaning blowout preventers (BOPs), reaching a 50% time reduction during a trial.Over a test period of six months…
Norwegian oil firm Equinor said Tuesday that a successful capacity test had been performed confirming that the Johan Sverdrup offshore oil field could produce up to 755,000 barrels of oil per day.During a capacity test at Johan Sverdrup, the field reached a record-high production level of 755…
Norwegian offshore engineering and construction services firm Aibel has won a contract with Equinor for Maintenance and Modifications works on Johan Castberg offshore field in the Barents Sea. The work will be carried out from Aibel’s office in Harstad…
Norway's second-largest listed oil company Aker BP said on Thursday it was maintaining its outlook, and its quarterly dividend at $0.55 per share, despite reporting an on-year fall in quarterly operating profit. The company, partly owned by BP…
The clear winner in the race to replace Russian oil at Europe's refineries is Norway's Johan Sverdrup crude, according to Refinitiv Eikon data and traders.Johan Sverdrup was launched in 2019, making it a relative newcomer compared to Russia's Urals grade…
A state actor's involvement in the blast of the Nord Stream pipelines last year is the 'absolute main scenario', though confirming identity will prove difficult, the Swedish prosecutor investigating the attack said on Thursday.In September 2022…
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