Norway News

 

Cubility bought by Triton Partners

Mar 25, 2014

Norwegian oil services technology firm Cubility AS has been bought from private equity firm Energy Ventures by a Triton Partners fund. The firm, based in Sandnes, has developed MudCube, a solids control and waste management system for drilling operations…

Lacasse named Rankine lecturer for 2015

Mar 21, 2014

The 2014 Rankine lecture was presented on 18 March at Imperial College in London, by Prof. Guy Houlsby, Oxford University. After the lecture the next year's Rankine lecturer was announced: Dr. Suzanne Lacasse, from the Norwegian Geotechnical Institute…

Visund hit for Statoil

Mar 19, 2014

Statoil Petroleum has discovered hydrocarbons in wildcat well 34/8-17 S in production license 120 in the Norwegian sector of the North Sea. The well was drilled on the north-east flank of the Visund field, in the northern part of the North Sea…

Solstad-Vard in new build deal

Mar 12, 2014

Ship designer and builder Vard Holdings has agreed a letter of intent with Solstad Offshore for the design and construction of a large offshore subsea construction vessel (OSCV).  The contract will be the largest single vessel order in…

Barents seismic contracts awarded

Mar 11, 2014

WesternGeco and PGS have been awarded contracts for a joint industry seismic acquisition in the southeastern Barents Sea. The surveys cover blocks proposed for the 23rd concession round by the Norwegian Ministry of Petroleum and Energy (MPE) and will in total cover about 13…

Arctic research center launched

Mar 11, 2014

An Arctic petroleum research center has been launched in Tromso, Norway, to increase knowledge about hydrocarbon exploration in the region.  The Research Centre for Arctic Petroleum Exploration (ARCEx) is funded by the Norwegian…

Dry North Sea wildcat for Statoil

Mar 10, 2014

Statoil Petroleum, operator of production license 248 C, is in the process of concluding the drilling of wildcat well 35/11-16 S on the Juv prospect. The well was drilled about 5.5km north of the Fram field in the northern North Sea, and about 130km northwest of Bergen…

Drilling ramp up on Ekofisk

Mar 10, 2014

ConocoPhillips Norge is due to start a multi-year drilling campaign on the Greater Ekofisk area, offshore Norway, this Spring, as it seeks to continue production from the Ekofisk and Eldfisk fields for decades. The campaign follows start up on the Ekofisk South development…

Bergen Group ups offshore focus

Mar 07, 2014

Bergen Group has decided to accelerate the process of reducing the group's future involvement in the shipbuilding business in favor of a more dedicated focus on offshore related activities.   As a part of this process, Bergen Group…

SeaBird wins new 2D seismic deals

Mar 06, 2014

Norway-based SeaBird Exploration announced that its Osprey Explorer vessel was awarded a contract in South America with a major oil company.  The US $9million contract is expected to last about75 days and will commence in March. The…

Barents Langlitinden well disappoints

Mar 03, 2014

Det norske oljeselskap is to plug and abandon its exploration well on the Langlitinden prospect after getting disappointing results. The well was the first well in Barents Sea production license 659. The Norwegian Petroleum Directorate (NPD) said the well…

Aqualis makes Tristein acquisition

Feb 27, 2014

Aqualis ASA signed a memorandum of understanding (MoU) to acquire Tristein AS, a provider of marine operations for the offshore oil, gas and wind industries. The financial details of the transaction are undisclosed.  “The combination…

Barents seismic project expands

Feb 26, 2014

The project for joint seismic acquisition in the southeastern Barents Sea has been joined by a further 16 companies. In total, 33 companies are now part of the project, which will secure good data quality and low acquisition costs. A…

Total taps Trell oil off Norway

Feb 21, 2014

The TOTAL E&P Norge operated exploration well 25/5-9 on the Trell prospect in production license 102 F/G in the Norwegian North Sea has discovered oil in the Paleocene Heimdal Formation. The well intersected 19m of net pay in excellent quality Heimdal reservoir…

Barents gas disappoints Statoil

Feb 20, 2014

Statoil has made a small gas discovery in the Kramsnø prospect in production license 532, near to the Johan Castberg oil field, in the Barents Sea. The discovery is the fourth well in a five-well drilling campaign targeting oil in PL532…

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