Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds…
Statoil has awarded DeepOcean a contract to provide project management, engineering, procurement of anchors for risers and umbilicals, and offshore installation activities on the Snorre Expansion Project in the North Sea. The offshore…
Norway's Statoil is planning to start production from a US$2.27 (NOK19 billion) expansion project on its Snorre field in the Norwegian North Sea by 2021, tapping an additional 200 MMbo from the field and extending its life out to at least 2040…
A new report by analyst firm Rystad shows that Norway is leading the comeback after a sanctioning drought in the offshore industry in 2015 and 2016. Johan Castberg. Illustration from Statoil. Recent…
Statoil awarded Transocean a 22-well contract in the Norwegian North Sea for the harsh environment semisubmersible Transocean Spitsbergen with an estimated duration of 33 months; plus two one-well options. The estimated firm backlog associated…
Norwegian oil major Statoil has awarded three new subsea maintenance framework agreements, extending to 2023, to Aker Solutions, TechnipFMC and OneSubsea, with a total estimated value of more than US$970 million (NOK8 billion). In addition…
Norway's Statoil, with partners Eni (30%) and Petoro (20%), has submiited a plan for US$5.9 billion (NOK49 billion) development and operation for the Johan Castberg field in the Norwegian Barents Sea. The development cost is more than half of the original estimated cost for the project…
A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt. The firm won US$2.5 billion in…
Wellesley Petroleum has started drilling on the Goanna exploration well in the northern Norwegian North Sea. The well, 39/9-22 S, in license PL 881, is near the border with the UK and adjacent to the giant producing Statfjord and Snorre fields…
Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to use the Bideford Dolphin for drilling and completing well 34/7-A-10 at the Snorre field in the North Sea. Drilling is scheduled to begin on 7 July and last 110 days…
What is thought to be the world’s first commercial controlled-from-onshore ROV operations started at IKM Subsea headquarters in Norway this week. Soon, up to three work class ROVs and one observation ROV on Statoil’s Snorre B and Visund…
Faroe Petroleum and its partners have secured Odjfell Drilling’s Deepsea Bergen semisubmersible rig to drill the Goanna and Fogelberg wells in late 2017 and early 2018. The Goanna exploration well is expected to spud in Q4 2017 at License PL881…
IKM Subsea has started mobilization to the field of a permanently seabed installed remote operated vehicle (ROV), or residential ROV (RROV). The firm announced the award of a major ROV services contract for the fields Visund and Snorre B in the North Sea last August…
Norway’s Petroleum Safety Authority (PSA) has approved for Statoil to use the Bideford Dolphin mobile drilling facility for production drilling at Vigdis in the Norwegian North Sea. Statoil is to plug the B-1 AH production well on the Vigdis field…
Wood Group has been awarded a contract with Statoil to provide front end engineering design (FEED) to the subsea flowline system of the Snorre Expansion Project (SEP) in the Norwegian North Sea. The contract will be delivered by Wood Group’s Stavanger…