A number of operators on the Norwegian shelf revealed updates of their field development plans at the recent Offshore Northern Seas conference in Stavanger, with a substantial list of projects and refurbishments going forward as part of the revitalisation of the Norwegian shelf…
Statoil will launch a drilling campaign in the Norwegian Barents Sea before the end of the year with four exploration wells in the Skrugard area, the company announced at this year’s Offshore Northern Seas (ONS) conference in Stavanger. But its Arctic ambitions go much farther…
Norwegian multiphase meter manufacturer MPM has opened a new hyperbaric facility at its Forus, Stavanger, plant that will enable it to test its subsea systems for 4000m water depth rating. The company, which started up in 2003 and notched up revenues of NKr230 million last year…
Baker Hughes has expanded its SmartCare line of products to include what the company describes as ‘more environmentally responsible’ drilling and completion fluids, production chemicals and additives used in cementing and stimulation procedures…
Oil and gas field developments up to 2017 in the dynamic Norwegian, Barents and Baltic Sea areas are captured in a new mapping product from Infield Systems. To be launched with free distribution from the Infield stand (J-1060) during Stavanger’s ONS show 28-31 August…
Germany's Lufthansa continues to beef up its international oil & gas routes with the launch of Airbus A380 service between Houston and the company's Frankfurt hub. Russell McCulley was invited along for the inaugural flight.Lufthansa flight 440 departed Frankfurt Airport 1 August…
At a recent Bergen conference showcasing the strength in depth of Norway's subsea industry, Statoil EVP Øystein Michelsen challenged delegates to work with his company in developing the technology to go further, deeper and colder and seize the…
French-owned utility group GDF Suez is stepping up its UK exploration and production operations with the goal of becoming a major player in the North Sea. The company's UK E&P arm has been involved in the sector for the past 15 years, but is now working up major expansion plans…
AGR has acquired an 80% shareholding in Steinsvik & Co, a Stavanger-based supplier of safety professionals, including safety coaches and internal control officers, to drilling rigs in the Norwegian market. The firm also provides HSE training…
The Inter-M Pulse long-term mooring connector, developed by InterMoor in conjunction with sister company Pulse Structural Monitoring, was recently put through its paces in a North Sea field trial. Alan Duncan, MD of InterMoor UK, reported…
Jørn Berg has joined subsea acoustic communication and positioning systems specialist Nautronix as VP sales for Norway. Berg, who has 25 years’ oil & gas industry experience, will be based at the company’s newly established Stavanger office.
Eric Cayeux (pictured), chief scientist, drilling & well modeling, at the International Research Institute of Stavanger (Iris), is the 2012 recipient of Statoil’s research prize which comes with NKr200,000 and a Håkon Bleken lithograph…
OE's analysis of current rig market data is updated monthly using statistics provided by Rigzone.comUtilization for the competitive fleet of mobile offshore drilling units worldwide has been gradually improving since February and is currently in the mid-80% range…
Despite higher oil prices, improving access to capital, increasing economic optimism and a generally more favorable deal environment, oil & gas executives are still cautious about engaging in M&A, according to Ernst & Young's sixth Global Capital Confidence Barometer…
The water depth record for conventional mooring offshore Brazil was improved by another 12m – to 2027m – by InterMoor recently under its one-year mooring and positioning support operations contract with Shell using the mobile offshore drilling unit Noble Clyde Boudreaux (pictured)…