Sea usesWhile others are known as rulers of the seas, Norway has been more known as users, locally and worldwide. No wonder, since Norwegian waters are covering an area of close to six times the size of the Norwegian land areas.There is considerable…
Norway's Aker BP fell short of its third-quarter oil and gas output target and will take an impairment charge of $80 million, it said on Monday, sending its shares down more than 4%.Daily output fell to 146,100 barrels of oil equivalents per day (boepd) in the July-September quarter period from 150…
Maersk Drilling said it has secured a contract extension offshore Norway for the ultra-harsh environment jack-up rig Maersk Integrator from Aker BP. In continuation of the rig’s current workscope for Aker BP, the Maersk Integrator will drill a well at the Tambar field in the Southern North Sea…
From their base deep within a former World War II U-boat pen, Norwegian outfit, OceanTech, is developing a set of robot tools that cling to offshore structures in order to effect inspection, maintenance and repair, or IMR. Old submarine anchorages are now subsea testing and training sites…
Aker BP, the oil exploration and development company focusing petroleum resources on the Norwegian Continental Shelf, has exercised the first one-year option for Odfjel Drilling’s Deepsea Nordkapp semi-submersible drilling rig.According to a press note from Odfjell Drilling…
Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year…
Aker BP, Schlumberger and Stimwell Services have established the Well Intervention and Stimulation Alliance to accelerate and boost oil production.The 5+5 year tripartite agreement was signed by the CEOs of the three alliance partners at a venue at Aker BP’s Headquarter at Fornebu on Tuesday…
Operators are on digitization journeys linked to life extension projects that aim to make the most of older infrastructure. Proposed tiebacks at ConocoPhillips’ Tor II and on Aker BP’s Ivar Aasen projects look set to reveal a special benefit to “freeing data”…
Aker BP ASA cut its full-year oil output target on Tuesday as production problems at the oil explorer's Valhall field in the North Sea offset a boost from the early opening of its Johan Sverdrup field in Norway.The company, jointly controlled…
Norwegian energy firm BKK announced plans to build an offshore power grid in the North Sea, in a more than $2 billion project to help the country's oil and gas industry cut greenhouse gas emissions.It will undertake the project with infrastructure company CapeOmega…
The North Sea decommissioning picture is murky at best, and its constantly evolving timetable is proving difficult to plan for, judging by the qualifying comments of a number of operators and regulators, of late.While the technology of offshore…
It’s not your typical marginal field — centered on a concrete gravity-based structure (GBS) that once boasted production records — but Draugen in the Norwegian Sea had become “immaterial” to Shell. When it first delivered oil in 1993, Norwegians looked forward to the spoils in 1…
Norwegian multinational energy company Equinor ASA has informed that His Majesty the King will perform the official opening of the Johan Sverdrup field center on January 07, 2020.Norway’s Prime Minister Erna Solberg and the Minister of Petroleum and Energy Kjell-Børge Freiberg will also be present…
Oil production at Norway's giant Johan Sverdrup oilfield has risen to around 350,000 barrels per day (bpd), operator Equinor told Reuters on Tuesday.The North Sea field, which began output on Oct. 5, is now western Europe's largest oil producer…
Offshore installation contractor DeepOcean has decided to extend the contract for Solstad Offshore's construction support vessel (CSV) Normand Jarstein.Solstad Offshore, the Norwegian offshore service and supply ship shipping company, said that…
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