Norway News

 

Equinor Finds More Oil in Arctic Field

Oct 29, 2018

Norwegian oil and gas firm Equinor has found more oil near its Johan Castberg field in the Arctic Barents Sea, the company said on Monday.The Skruis exploration well, drilled about 8 kilometers north of the original discovery, indicated a volume of 12-25 million recoverable barrels of oil…

Russia, Norway Ink Seismic Pact for Barents Sea

Oct 25, 2018

The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea…

Norway's Aasta Hansteen Field to Start Producing Gas

Oct 25, 2018

Norway's Aasta Hansteen gas field will start production from Nov. 4 and will feed the system with 12 million cubic metres (mcm) of gas per day, it's largest owner Equinor said on Thursday.The newly connected field, which will send its production to Norway's Nyhamna plant for processing…

BiSN Deploys Largest-ever Bismuth Plug

Oct 25, 2018

BiSN, the provider of metal-to-metal downhole sealing solutions, has achieved a world first in conjunction with AkerBP and Altus Intervention, through the successful deployment of the largest-ever bismuth plug.Following over a year of development…

Rowan Stavanger to Drill at Gudrun Offshore Norway

Oct 24, 2018

Rowan Norway Limited has been awarded a contract for drilling two wells at the Gudrun field by use of the Rowan Stavanger jack-up rig. The rig has furthermore been awarded five options for drilling of single wells.Equinor has signed a framework agreement with Rowan Norway Limited…

Aker Solutions Bags Lingshui Subsea Deal

Oct 24, 2018

Norwegian oil services firm Aker Solutions Aker Solutions received a notification of award for orders valued at more than NOK 1.7 billion (USD 210m) from the China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field…

Kvaerner Eyes Growth, Mergers as Profits Decline

Oct 23, 2018

Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…

Kitron Signs MASS Nodes Deal with Magseis

Oct 22, 2018

Scandinavia's Offshore/Marine electronics manufacturing services company Kitron and Norwegian geophysical company Magseis ASA has entered into an agreement to manufacture Magseis' MASS (Marine Autonomous Seismic System) nodes to support their growth…

After Denmark, Noreco Eyes UK Acquisitions

Oct 18, 2018

Norwegian Energy Company (Noreco) plans to acquire offshore assets on Britain's continental shelf in 2019, following its purchase of Shell's upstream oil and gas licenses in Denmark, its chairman told Reuters on Thursday.The Oslo-listed company on Wednesday announced a $1…

North Sea Giant Turns to The Switch EBL Technology

Oct 18, 2018

North Sea Giant, one of the world’s largest and most advanced subsea construction vessels (OSV), has installed an innovative cost-saving solution.This system, based on a unique Electronic Bus Link (EBL) from Yaskawa Environmental Energy / The Switch…

Wintershall CEO Meets Norwegian Prime Minister on Growth Plans

Oct 17, 2018

Mario Mehren, CEO of Wintershall, Germany's largest crude oil and natural gas producer, has presented Wintershall’s growth plans in Norway during a visit by Norway's Prime Minister, Erna Solberg, to Berlin.Mehren announced a further increase…

Aeolus Energy Pact with Ulstein for Jones Act SOV

Oct 17, 2018

Florida based Aeolus Energy awarded Ulstein the design contract to develop the first ever Jones Act compliant offshore wind Service Operations Vessel (SOV), said a press release from Norway-based Ulstein Group ASA.The contract marks Ulstein’s entry into the U…

Nexans Wins Cable Contract for Northwester 2 Wind Farm

Oct 16, 2018

Nexans said it will supply a subsea power cable and associated accessories for the 219 MW Northwester 2 wind farm 46 km offshore from Zeebrugge, Belgium.The French based company has been awarded a contract from Northwester 2 developer Parkwind to design…

Hoegh LNG Vessel to Leave Egypt Before Weekend

Oct 16, 2018

Egypt's petroleum minister said on Tuesday that a regasification vessel would leave Egypt by the end of the week, a day after Norway's Hoegh LNG said Egypt was to give up one of its two floating liquefied natural gas (LNG) terminals.The minister…

Faroe Petroleum Gets Go-Ahead to Drill Brasse East

Oct 16, 2018

Norway’s Petroleum Safety Authority (PSA) has given consent to Oil and gas company Faroe Petroleum  to drill the Brasse East well off the coast of Norway, using the Transocean Arctic rig.'Faroe Petroleum is the operator for production licence 740 in the North Sea…

Current News

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Dry Well for Lundin at Bask Prospect in Barents Sea

Dry Well for Lundin at Bask Prospect in Barents Sea

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