Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Norway’s Petroleum Safety Authority (PSA) has unveiled a number of failings, following an audit of Shell's management of the integrity of flexible risers, transfer lines and associated safety equipment on Knarr floating production and storage offloading (FPSO) unit…
The Petroleum Safety Authority Norway (PSA) has given Statoil consent to use the Scarabeo 5 mobile drilling facility for well intervention in well 34/7-A-10H on the Snorre field. The activity is scheduled to begin in September and to last 22 days…
Elaine Maslin details Statoil’s journey towards the resident ROV – using an existing ROV design. The Merlin UCV. Photo from IKM Subsea. The concept of the subsea resident remotely operated vehicle (ROV) has been around for some time…
Bilfinger has won orders valued at some US$301 million (€270 million) from several operators. Key framework agreements have been extended with oil and gas group Statoil, the largest operator of production facilities on the Norwegian Continental Shelf…
Statoil’s investigation following the Turøy helicopter accident on 29 April has been finalized, offering conclusions and recommendations for how the company can further improve its helicopter safety work. Image of a helicopter landing at Snorre A…
The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40% since the autumn of 2014, according to the Norwegian Petroleum Directorate’s (NPD) analysis of eight planned developments that are approaching start-up…
Norway's Petroleum Safety Authority has given Shell permission to take over the Knarr and Gaupe fields, as part of the major's take over of the two field's former operator BG Group. Gaupe is an oil and gas field close to the boundary with the UK shelf…
Statoil's Njord A semisubmersible production platform has been towed to the Kværner Stord yard in Norway for reinforcement and renovation works, which will enable it to return to production up to and beyond 2030. The facility, which was built at the same yard in 1997…
Norway's IKM Subsea has won contracts for ROV and Subsea services for the Visund and Snorre B facilities with Statoil, paving the way for a resident ROV concept to be deployed. The 10-year contract is worth up to NOK0.75 billion. The contract may be extended for a further period of 15 years…
DeepWell has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed US$119 million (NOK 1 billion) over a four-year period…
Old and partly lost slots that were given up as providers of new production triggered new solutions for Statoil’s Snorre B. The result was three wells with an average price of US$21.6 million (NOK 170 million), compared to NOK 490 as reference base…
Bermuda listed Seadrill, and Norwegian drillers Odfjell and Sevan Drilling reported their Q1 results this morning. Intense focus on cost cutting and efficiency have helped all three, as it had with the likes of Ensco and Transocean,…
The platform deck for the Ivar Aasen field was completed at the yard in Singapore on Sunday and will sail away to Norway shortly, operator Det Norske said this morning. The platform deck has now been moved from SMOE’s yard area to the Cosco vessel the Xiang Rui Kou…
Wood Group has been awarded four subsea contracts with Statoil on the Norwegian continental shelf (NCS). The latest award is a study to deliver subsea field concept engineering for the Snorre expansion project. This project will focus…
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