Norway News

 

Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil

Jan 12, 2021

Norway's oil and gas reserves have made it one of the world's wealthiest countries but its dreams for deep-sea discovery now center on something different.This time, Oslo is looking for a leading role in mining copper, zinc, and other metals found on the seabed and in hot demand in green technologies.Norway could license companies for deep-sea mining as early as 2023, its oil and energy ministry told Reuters…

Endúr's Offshore Fabrication Branch Files for Bankruptcy

Jan 15, 2021

Norway's Endúr Industrier AS, an offshore fabrication subsidiary of marine infrastructure group Endúr, on Friday notified Stavanger district court about its decision to initiate a bankruptcy petition for the company, citing a dire market situation…

Equinor, Moss Maritime Testing Floating Solar in Rough Waters

Jan 14, 2021

Equinor, Norway's largest oil firm, increasingly involved in renewables such as offshore wind and floating wind, is now looking to add floating solar to its portfolio.The company said Thursday it would, together with Moss Maritime, start testing floating solar off the island of Frøya…

Norway: NPD Cuts 2021-2023 Oil Output Forecast

Jan 14, 2021

Norway's oil industry regulator has cut its 2021-2023 crude production forecasts, it said on Thursday, although output is still on track to grow significantly as new fields are brought on stream.The Norwegian Petroleum Directorate (NPD) expects oil production to grow by 3…

BW Energy Boosts Stake in Kudu Offshore License in Nambia

Jan 14, 2021

Norway's BW Energy has increased its stake in the Kudu License offshore Namibia from 56% to 95%, following the signing of a farm-in and carry agreement with the National Petroleum Corporation of Namibia (NAMCOR). NAMCOR will retain the remaining 5% working interest…

DNV GL to Change Name

Jan 13, 2021

Norway-based risk management and quality assurance company DNV GL will change its name to DNV on March 1, 2021.The classification society, providing services to offshore and maritime industries, among others, has had the current name since the…

Spirit Energy Books Maersk Jack-Up Rig for North Sea Well

Jan 13, 2021

Oil and gas company Spirit Energy has hired Maersk Drilling's jack-up rig Maersk Resolve to drill one development well in the UK North Sea. The well will be drilled at the Grove North East area. Spirit Energy, a subsidiary of Centrica, said that…

Henriksen's New Liferaft Hook Enters Production

Jan 12, 2021

Norway-based Henriksen Hooks said its new Liferaft Release Hook into full production following completion of a prolonged testing program.Now available globally, the new crane hook has been especially developed for launching inflated liferafts…

Coretrax Deploys Expandable Liner Tech in Norway. Saves 14 Days Rig-time

Jan 12, 2021

Well integrity and production optimization firm Coretrax, has marked the first deployment of its expandable liner technology in Norway since acquiring Mohawk Energy.'The move has allowed the business to deliver and deploy novel technology and specialist personnel from local bases…

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…

TMC to Deliver Compressors for Shell's Bonga FPSO

Jan 11, 2021

TMC Compressors (TMC), a Norway-based provider of compressed air systems for the marine and offshore industry, has won a contract to supply a complete offshore topside compressed air system to Shell's Bonga Main FPSO in Nigeria.TMC will deliver…

Edda Accommodation Finds Work for Edda Fides Offshore Vessel

Jan 11, 2021

Norway-based Østensjø Rederi's Edda Accommodation has secured a new contract for the 2011-built Edda Fides offshore accommodation and service vessel with an undisclosed client.'The history of Edda Accommodation can only be described as a fairytale…

Oil Industry Slams Norway's Plan to Triple Carbon Tax

Jan 08, 2021

Norway plans to more than triple its national tax on carbon dioxide (CO2) emissions by 2030 to help it reach its climate goals, the government said on Friday, drawing criticism from the country's powerful oil lobby.The cost of emissions will be raised to 2…

Neptune Energy Extends Deepsea Yantai Offshore Rig Contract

Jan 08, 2021

Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible drilling rig. This is the rig Neptune used when it last year made one of Norway's largest offshore discoveries - the Dugong.The Deepsea Yantai…

ConocoPhillips to Control Eldfisk 2/7 Bravo Platform Remotely

Jan 06, 2021

Oil company ConocoPhillips has obtained regulatory approval for remote operations of its Eldfisk 2/7 Bravo facility in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, covers the conversion to a new…

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