Norway News

 

Activists mount two rigs

May 27, 2014

Greenpeace activists this (Tuesday 27 May) morning boarded two oil rigs in an attempt to disrupt their planned deployment to areas within the Arctic Circle. A group of 30 activists in the Dutch port of IJmuiden occupied the GSP Saturn…

Tullow's Gotama well disappoints

May 27, 2014

Exploration well 31/2-21S targeting the Gotama prospect, offshore Norway, did not encounter reservoir quality sandstones in the Upper Jurassic main target, says operator Tullow Oil. The well, in production license 550, encountered reservoir…

Kleven wins IMR order

May 26, 2014

Norwegian shipyard Kleven has signed a contract with Olympic Shipping for the building of an IMR vessel of MT 6021 MKII design. The contract value is around NOK450 million, and the vessel will be delivered from Kleven Verft in June 2015.  The…

New Aker firm scoops Statoil contract

May 26, 2014

Statoil has exercised a two-year contract extension with Altus Intervention for the provision of mechanical wireline services on Statoil-operated fields and mobile drilling units on the Norwegian continental shelf. The scope of the extended…

Rosneft to take Seadrill unit stake

May 26, 2014

Rosneft is to take a 'significant equity stake' in drilling firm North Atlantic Drilling (NADL) as part of an agreement between NADL and its majority owner Seadrill, as the Russian firm looks to ramp up its offshore exploration efforts.   The agreement…

Island Offshore orders Vard OSV

May 23, 2014

Norway's Vard Holdings Ltd. has secured a new contract with Island Offshore to build an offshore support vessel based on a Rolls-Royce design. The contract value is more than NOK1 billion (US$167.7 million). Delivery is scheduled from Vard Brevik in Norway in 2Q 2016…

Statoil's Barents Apollo approved

May 23, 2014

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7324/2-1. It will be the first well to be drilled in Production License (PL) 615 in the Barents Sea. The wildcat well 7324/2-1 (Apollo) will…

Maersk Intrepid heading for Westcon

May 23, 2014

Norway's Westcon is to start its 20th year as a rig modification yard by welcoming the world’s largest jack-up rig Maersk Intrepid (pictured). The newbuild jackup, which built at Keppel FELS' yard in Singapore for Denmark's Maersk Drilling and was completed in March…

Lundin spuds Ghota probe

May 23, 2014

Lundin Petroleum has started drilling of appraisal well 7120/1-4s in PL492 on the Gohta discovery, 155 km northwest of the Norwegian coast and 5.7 km northwest of the original Gohta discovery well. The well's main objective is to test…

EMGS awarded North Sea survey contract

May 21, 2014

Norway's Electromagnetic Geoservices ASA (EMGS) has a contract with North Energy ASA worth US$1.7 million (NOK 10 million) to provide 3D EM data acquisition in the North Sea. The survey was to begin in early May, using the BOA Thalassa…

DOF bags Gina Krog gig

May 21, 2014

DOF Subsea has been awarded a contract for installation of the turret mooring and riser system for the Gina Krog FSO by Teekay Shipping Norway.  The scope of work includes installation of 12 suction anchors complete with chain/wires, STL buoy hook-up…

Pit halts Snorre production

May 21, 2014

Norway’s Statoil is to keep its Snorre B platform shut in until an investigation finds the cause of a pit which formed at a subsea template.  The pit, described as “an abnormal erosion of mass under the template” was discovered on Saturday (17 May)…

ABB inks $20m offshore vessel contracts

May 20, 2014

Power and automoation group ABB has won contracts worth more than US$20 million to supply electrical power and propulsion systems for two next-generation offshore vessels.  The first vessel, of ULSTEIN SX165 design (pictured), is being…

Offshore wind-powered EOR?

May 20, 2014

DNV GL is proposing a new concept that combines mature water injection technology with the newest developments in offshore wind power to achieve more cost effective enhanced oil recovery (EOR). The company is inviting the industry…

Teekay to acquire Logitel, signs FSO extension

May 16, 2014

Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…

Current News

Halted Shares of Sembcorp Marine, Parent in Focus in Singapore

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