Norway News

 

EMGS Appoints Interim CEO

Oct 16, 2018

Norway-based Electromagnetic Geoservices (EMGS) has announced that Christiaan Vermeijden had decided to resign from his position as CEO due to personal reasons.According to a stock exchange notification published by the company, Bjørn Petter Lindhom has been appointed as interim CEO of the Company…

PSA Consent for Aker BP to Use Maersk Reacher

Oct 16, 2018

Norway's Petroleum Safety Authority (PSA) has authorized Norwegian E&P player Aker BP to use the Maersk Reacher mobile facility as a quarters facility on the Valhall field.A public statement from PSA said: 'A lot of work will be taking place on the Valhall field in the time ahead…

Wintershall Struggles to Boost Output from Norway's Maria Field

Oct 15, 2018

German oil firm Wintershall's flagship project in Norway - the Maria oil and gas field - is not meeting output expectations due to water injection issues, the company said on Monday.The field, which started nine months ahead of schedule at end-2017…

Aker BP to Buy Equinor Gas, Condensate Discovery

Oct 15, 2018

Aker BP has agreed to buy Equinor's 77.8 percent stake in Norway's King Lear gas and condensate discovery for $250 million in cash, the two companies said on Monday.The North Sea discovery has estimated reserves of 77 million barrels of oil equivalents…

SeaBird, MCG Get More Work

Oct 14, 2018

Seismic players SeaBird Exploration and its partner Norway's MultiClient Geophysical (MCG) announce that significant additional pre funding commitment from an oil major has been secured relating to the ongoing MC2D project in North West Europe…

Equinor Extends Contract for Maersk Intrepid Rig

Oct 12, 2018

Norway's Equinor has awarded Maersk Drilling AS a five-month contract for the Maersk Intrepid rig to provide operational support on the Martin Linge field in the North Sea. Two extension options will also be exercised, and four new options will be added…

BP Charters Prosafe's Safe Zephyrus

Oct 11, 2018

BP Exploration Operating Company has chartered the Safe Zephyrus to provide gangway connected operations supporting the completion of some post first oil scopes in summer months when the weather is favourable at the Clair Ridge platform West of Shetland in the UK sector of the North Sea…

Østensjø Rederi, DeepOcean Pact for 'Edda Fauna'

Oct 11, 2018

Norwegian offshore vessel supplier  Østensjø Rederi and Netherlands - based  subsea services firm DeepOcean have signed a new contract for Edda Fauna.The new contract will commence 1st March 2019 and will secure firm utilisation until end of 2020…

Chevron becomes first oil major to exit Norway

Oct 10, 2018

U.S. oil firm Chevron will become the first oil major to formally exit the Norwegian continental shelf (NCS) as it transfers its last stake in an exploration license, according to a government letter.Oil majors, including Exxon Mobil, BP and Shell…

Clean Ops Offshore: Johan Sverdrup Powered from Shore

Oct 09, 2018

With a flip of the switch, Kjell-Børge Freiberg, Norway's Minister of Petroleum and Energy, opened a new era in offshore oil and gas operations, initiating the 'power-from-shore solution' that will provide the Johan Sverdrup field in the North Sea with electricity for more than 50 years…

NKT Bags Johan Sverdrup Phase 2 Cabling Work

Oct 09, 2018

The Danish cable manufacturer NKT has received a letter of award by Equinor Energy AS to supply and install a cable system of 200 kilometres of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in Norway…

Equinor Trims Project Outlay Off Norway

Oct 08, 2018

Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion ($3.6 billion) since the development plans were submitted to Norwegian authorities.This appears…

Seismic From Below

Oct 08, 2018

Seabed Geosolutions’ Ocean Bottom Seismic & Manta OBNThe acquisition of seismic data using nodes placed on the sea floor, Ocean Bottom Seismic (OBS) and its use in deep water with Ocean Bottom Nodes (OBN) have been growing rapidly in recent…

Norway to Spend More Looking for O&G Near Russian Border

Oct 08, 2018

Norway plans to step up spending on looking for oil and gas in the northern Barents Sea close to its border with Russia, the country's 2019 budget showed on Monday.The government has proposed to allocate an extra 50 million Norwegian crowns ($6…

Equinor's Martin Linge Field Costs Rise Again, Start-up Delayed

Oct 08, 2018

Norway has again revised up the estimated cost of developing the Martin Linge oil and gas field, which state-controlled Equinor bought from France's Total last year, with the start-up delayed until 2020, according to the fiscal budget.The North…

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