Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MOU) for joint efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS)…
Statoil’s investigation following the Turøy helicopter accident on 29 April has been finalized, offering conclusions and recommendations for how the company can further improve its helicopter safety work. Image of a helicopter landing at Snorre A…
Statoil and Tullow Norge have entered an agreement for Statoil to increase its equity in four licenses on the Norwegian continental shelf (NCS), which includes the Wisting discovery in the Barents Sea. The deal includes Tullow transferring…
Wood Group has been awarded a four-year frame agreement by Wintershall Norge to tender for provision of modification and maintenance services to assets in the Norwegian continental shelf (NCS). The deal comes with two three-year extension options and is effective immediately…
Completions systems and services provide Tendeka has won a four-year contract with Wintershall Norge with a further four-year extension option. The company has been selected to supply sand screens for wells in the Maria, Brage, Skarfjell…
In the awards in predefined areas (APA) round 2015, Statoil has been awarded interest in 24 licenses on the Norwegian continental shelf (NCS), 13 of those as operator and 11 as partner, breaking the company’s 2005 record for number of licenses awarded…
HitecVision merged three oil companies into Point Resources, a robust mid-sized independent oil company focused on the Norwegian Continental Shelf (NCS). The new company will engage in both exploration, development and production on the NCS…
Norwegian oil major Statoil has acquired an 11.93% stake in Swedish exploration firm Lundin Petroleum's shares. Statoil says the move increases its indirect exposure to core assets on the Norwegian Continental Shelf (NCS), including the Johan Sverdrup and Edvard Grieg fields…
Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp and Prezioso Linjebygg. They will provide services to 20 of the company’s…
UTEC NCS Survey, part of UTEC (an Acteon company), has announced the award of a multi-year rig move and positioning framework contract with Total. Total recently awarded the three-year contract with the opportunity to provide positioning…
The Norwegian Oil and Gas Association has offered a glimmer of hope for contractors and suppliers on the Norwegian Continental Shelf (NCS), suggesting investment is set to rise 'substantially' in 2018 and 2019. The trade body said investment…
UTEC NCS Survey was awarded a contract for heavy lift support services for a major project in the Baltic Sea. Partnering with LDD the contract is to deliver, in January 2016, a pile guide frame monitoring system, which will be used for…
AIMS Global Consulting, part of the Whiterock Group, has appointed KR Solutions (KRS), Norway, to represent them in Norwegian Continental Shelf (NCS). KRS is based in Stavanger and is headed by Kjell Roverud who has many years’ experience in the oil and gas service sector…
Norwegian giant Statoil inked a US$15 million deal that will increase its presence on the Norwegian Continental Shelf and UK Continental shelf with the acquisition of stake in the Afla Sentral field. Map of Alfa Sentral…