Norway News

 

Ridge Hires Sandal as Subsurface Manager

Nov 12, 2018

Norwegian offshore consultancy Ridge has appointed Ole Jacob Sandal as subsurface manager, effective November 1, 2018.Sandal possesses extensive international and North Sea experience gained over 20 years in the oil and gas business, with roles ranging from exploration…

GC Rieber Shipping Taps Ytredal as CEO

Nov 12, 2018

Norwegian offshore shipping company GC Rieber Shipping announced acting chief executive officer Einar Ytredal has appointed to the CEO role on a permanent basis. At the same time, Øystein Kvåle was named new chief financial officer (CFO) and…

IKM Wins ROV Contract from AKOFS

Nov 12, 2018

IKM Subsea said it has been selected to provide remotely operated underwater vehicle (ROV) services as part of AKOFS Offshore's five + three year light well intervention (LWI) services contract on the Norwegian continental shelf (NCS) from Equinor…

Digitalization Can Save Upstream Business $73 Bln a Year

Nov 12, 2018

Energy firms could save an annual $73 billion within five years in oil and gas exploration and production by making better use of existing computing technology, energy consultancy Wood Mackenzie said.Exploration and production, known as the upstream industry…

PSA Probing West Phoenix Rig Fire

Nov 09, 2018

Norway's offshore safety watchdog said it has launched a probe into a fire that broke out on the West Phoenix mobile drilling unit on Monday.The fire reportedly broke out the West Phoenix mud laboratory while the rig was drilling for Equinor in the Norwegian Sea…

Denmark-Netherlands Subsea Power Cable Reaches Dutch Coast

Nov 09, 2018

A subsea power line set to link the networks of Denmark and the Netherlands reached the Dutch coast on Friday as part of plans to share excess electricity from wind farms and other sources.The 325 km (202 mile) long COBRAcable, short for Copenhagen…

OMV Forms JV with Sapura

Nov 09, 2018

Austria's OMV has agreed to establish a joint venture with Malaysia's Sapura Energy Bhd , paying $540 million for a 50 percent stake in its exploration assets in line with its strategy to expand in Southeast Asia.Sapura Energy will transfer $350 million of its debt into the new firm…

Lundin Norway Awards EPCI Contract to WorleyParsons

Nov 09, 2018

Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (EPCI) by Lundin Norway ASO in the Norwegian Continental Shelf.The services include planning, engineering, prefabrication, offshore installation and commissioning support…

HydraWell Completes TAQA Decommissioning

Nov 09, 2018

The manufacturer of specialty equipment for the oil and gas industry HydraWell has completed an offshore decommissioning project for TAQA in the Netherlands.The plugging job was conducted at one of the fields connected to the TAQA-operated P15 platform…

Aquaterra Bags More Johan Sverdrup Work

Nov 08, 2018

Aquaterra Energy announced Thursday it has been awarded a contract by Equinor to deliver early well construction operations for the next 16 wells of the Johan Sverdrup field development in the Norwegian North Sea.The award follows Aquaterra…

Reach Charters Topaz Tiamat

Nov 08, 2018

Norwegian based Reach Subsea said it has entered an agreement with Dubai headquartered Topaz Energy and Marine to charter newbuild light subsea construction vessel Topaz Tiamat for 2.5 years, plus three one-year options.The Norwegian-built vessel…

Norwegian Oil, Gas Plants Restart after Ship Collision

Nov 08, 2018

An oil tanker and a Norwegian navy frigate collided off Norway's west coast on Thursday, injuring eight people and triggering the temporary shutdown of a North Sea crude export terminal, Norway's top gas processing plant and several offshore fields…

BREAKING: Tanker, Frigate Collision Shuts Down Norwegian Oil, Gas to Europe

Nov 08, 2018

Norway has been forced to close the Sture Oil Terminal near Bergen and has started closing down the nearby Kollsness gas-and-condensate terminal — a lifeline of heating gas to Europe — after an early morning collision between a $440-million frigate and an oil tanker…

OKEA Gets Approval to Acquire Shell's Draugen, Gjoa Fields

Nov 07, 2018

Norway's Ministry of Petroleum and Energy and Ministry of Finance has approved the transaction from AS Norske Shell and OKEA concerning the transfer of the licenses associated with the Draugen field in the Norwegian Sea and the Gjøa field in the North Sea…

Höegh LNG's Höegh Esperanza FSRU Arrives at Tianjing, China

Nov 06, 2018

Höegh Esperanza, the Floating Storage Regasification Unit (FSRU) unit operated by Norway’s Höegh LNG Holdings, has arrived at the Tianjin LNG terminal in China and started commissioning for FSRU operations.Höegh Esperanza is currently serving…

Current News

Seismic Surveyor Polarcus Sees Shares Nosedive as it Defaults on Debt Payment

Seismic Surveyor Polarcus Sees Shares Nosedive as it Defaults on Debt Payment

DeepOcean Winds Down Its UK Cable Lay & Trenching Business

DeepOcean Winds Down Its UK Cable Lay & Trenching Business

Jersey Oil & Gas Sees 'Significant' Increase in Buchan Oil Field Resources

Jersey Oil & Gas Sees 'Significant' Increase in Buchan Oil Field Resources

Dry Well for Lundin at Bask Prospect in Barents Sea

Dry Well for Lundin at Bask Prospect in Barents Sea

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