Breidablikk News

Equinor, Partners Move to Develop Norwegian Sea Discoveries

Jun 30, 2021

Norwegian oil and gas firm Equinor has, with its partners Petoro, Vår Energi and Total E&P Norge, decided to develop the Lavrans discovery and the Kristin Q-discovery which is a part of the Kristin field, in the Norwegian Sea offshore Norway…

Norway: Equinor's Breidablikk Field Development Plan gets Approval

Jun 29, 2021

The Norwegian government has approved Equinor's plan for the development and operation of the Breidablikk field in the North Sea, off Norway.Equinor estimates it will take around NOK 18.6 billion (around $2,17 billion) to develop the field.…

Odfjell Drilling Rig Trifecta: Equinor Hires 'Deepsea Stavanger' for 2022 Drilling

May 26, 2021

Norwegian oil firm Equinor has awarded offshore drilling company Odfjell Drilling a contract for Deepsea Stavanger semi-submersible drilling rig, adding to the previously awarded deals for two other Odfjell Drilling rigs.The contract for the…

2020: A Year Like No Other with a Mixed Outlook for Subsea

Apr 22, 2021

On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices…

Alcatel Submarine Networks Bags Northern Lights, Breidablikk Deals with Equinor

Jan 14, 2021

Alcatel Submarine Networks, part of Nokia, has this month signed deals with Equinor to deliver submarine cables for subsea control infrastructure for the Northern Lights CCS project as well as for the Breidablikk offshore development.The Northern…

Vår Energi, Equinor Hire Floatel's Offshore Accommodation Rigs

Jan 11, 2021

Offshore accommodation company Floatel International said Sunday it had won three contracts in Norway. The company, which owns a fleet of semi-submersible flotels, said the contracts were with Vår Energi and Equinor.With Vår Energi, the contract is expected to start in June 2021…

Odfjell Drilling, Equinor Firm Up Offshore Drilling Deals in Norway

Nov 23, 2020

Norwegian offshore drilling contractor Odfjell Drilling has signed firm drilling contracts with Equinor for the use of two of its offshore drilling rigs in Norway.The contracts are for the use of the Deepsea Atlantic semi-submersible drilling…

Equinor Hires TechnipFMC for Breidablikk Pipelay Project

Oct 19, 2020

Oilfield services firm TechnipFMC has said it has won a 'significant' engineering, procurement, construction, and installation contract by Equinor in the Norwegian part of the North Sea.The contract is for the pipelay work at the Breidablikk development…

Wood Wins $75M Mariner Field Deal with Equinor

Oct 14, 2020

Engineering services giant Wood has secured a contract to support Equinor's operations at the Mariner field in the UK Continental Shelf (UKCS).Under the three-year deal, Wood will deliver operations, maintenance, modifications, and offshore…

Norway: Offshore Projects See Delays, Rise in Costs on Weak NOK, Virus

Oct 07, 2020

Equinor, Norway's largest oil company, said Tuesday that the Covid-19 pandemic and weakened Norwegian krone have negatively impacted some of its offshore development projects in Norway, however, the company said that its 'combined project portfolio is still very resilient…

Equinor to Hire Deepsea Aberdeen Rig for Breidablikk Drilling

Oct 05, 2020

Norwegian oil and gas company Equinor plans to use Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig to drill at its Breidablikk project in the North Sea offshore Norway.The Breidablikk field, for which the plan for development and operation was submitted last month…

Equinor to Sanction $1.95B Breidablikk Development in North Sea

Sep 28, 2020

Norwegian oil company Equinor is set to develop the Breidablikk, dubbed one of the largest undeveloped oil discoveries on the Norwegian continental shelf.The company said Monday morning that it would, together with its partners Petoro, Vår Energi…

Norway: Tax Breaks Revive Some Offshore Oil Investment Plans

Aug 20, 2020

Oil and gas investment in Norway, Western Europe's top producer, will rise more this year and decline less in 2021 than predicted a few months ago, an industry survey by the statistics office (SSB) showed on Thursday.Petroleum companies, including Equinor…

Global Oil & Gas FIDs Set for Massive Drop in 2020

Jul 24, 2020

Global oil and gas project sanctioning is set for a monstrous 75% plus drop in 2020 from 2019 levels, as the Covid-19 pandemic has led to massive E&P spending cuts, the energy intelligence company Rystad Energy has estimated.According to Rystad Energy…

COVID-19 Cuts New Drilling Offshore Norway Around 40%

Jul 20, 2020

Oil firms are expected to drill about 40% fewer exploration wells off Norway in 2020 than originally planned because of the impact of the COVID-19 pandemic, the industry regulator said on Friday.The Norwegian Petroleum Directorate (NPD) also…

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