Norwegian oil and gas company Equinor has discovered oil on the Garantiana West prospect in production licence 554, offshore Norway.Recoverable resources are estimated at between 1.3 and 3.6 million standard cubic meters of oil equivalent, corresponding to 8-23 million barrels of oil equivalent…
Norway's Aker Solutions has delivered a steel substructure for the second phase of the giant, Equinor-operated, Johan Sverdrup oil field development, offshore Norway.After delivering three platform jackets for the first phase, another jacket delivery…
Norwegian oil and gas firm Equinor has drilled a dry exploration well near the Wisting discovery in the Barents Sea, offshore Norway.According to the Norwegian Petroleum Directorate, the exploration target of the well was to prove petroleum…
Norwegian oil company Aker BP has exercised the second one-year option for the extension of the contract for Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig.The extension will begin after the expiry of the first optional period in June 2022…
Swedish oil firm Lundin Energy has secured a drilling permit from the Norwegian Petroleum Directorate for an appraisal well in the North Sea, offshore Norway.Lundin will drill the well 16/1-34 S in the production license 167 using the Deepsea Stavanger semi-submersible drilling rig…
Norway's Aker BP posted record first-quarter operating profit and revenue on higher prices and production on Wednesday as the independent oil and gas producer looks to approve several developments this year.Earnings before interests and tax…
Danish offshore drilling firm Maersk Drilling has won a contract with the Norwegian oil company Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher.Aker BP will use the Maersk Reacher to assist with well intervention, stimulation…
Optime’s subsea system, Remotely Operated Controls System (ROCS) has completed a successful subsea operation for Aker BP, the company reports. The ROCS is designed to eliminate the umbilical during well completions, and it was deployed during…
Offshore accommodation provider Prosafe has decided to appeal an April 15 ruling by a court in Norway, ordering it to pay 465 million Norwegian crowns to shipyard Westcon for conversion work on one of its floatels, overturning a 2018 ruling in favor of Prosafe…
Norway's Aker BP could expand its oil and gas business to other countries if it comes across competitive opportunities abroad, its chief executive told Reuters on Thursday.Any move to invest outside its native Norway would be a change of strategy for Aker BP…
Western Europe's largest oilfield, Johan Sverdrup, will ramp up its production in early May, sooner than previously expected, Swedish independent oil firm Lundin Energy said on Thursday.'Phase 1 production capacity is about to step-up to 535…
Maersk Drilling has won a two-well contract for its jack-up drilling rig Maersk Integrator with Aker BP in Norway.The Danish drilling company said Friday, that rig will, in direct continuation of its previously announced work scope with a different operator…
A Norwegian appeal court has ordered the offshore accommodation firm Prosafe to pay NOK 465 million (~$55,49 million) to Westcon Yards, overturning the Stavanger District Court's order from 2018, related to a conversion work on an offshore accommodation rig…
Marine seismic survey company Shearwater GeoServices has won a contract with the Norwegian oil company Aker BP for an ocean bottom seismic (OBS) 4D survey. The project is at the Ivar Aasen field in the Norwegian part of the North Sea.The survey…
Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…
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