Norway News

 

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…

Goliat delivery rescheduled

May 16, 2014

Delivery of the Goliat floating production, storage and offloading (FPSO) platform has been delayed until early 2015, operator Eni Norge announced today.  Eni said that conditions to depart at the end of June 2014, and complete commissioning in Norway in Q4 2014…

Alimak Hek buys Heis-Tek offshore unit

May 16, 2014

Alimak Hek Group AB is buying the offshore operations of Heis-Tek, a Norwegian specialized traction elevator company, focused on tailored vertical access solutions to the oil and gas industry.  “This acquisition will allow us to become…

Eldfisk heads out to sea

May 16, 2014

The Eldfisk 2/7 S topside left Kvaerner's yard at Stord, Norway, today, bound for its installation site at Eldfisk, about 300km from Norway’s coastline (pictured).  The Eldfisk 2/7 S topside consists of one combined living quarter and utility module and a combined process and wellhead module…

MPD pilot success on Troll

May 14, 2014

Norway-based Enhanced Drilling has completed a pilot, managed-pressure-drilling project with Statoil.  Enhanced Drilling’s EC-Drill system, a managed-pressure-drilling system for use off floating rigs, was used to drill three branches…

Dry wells in Ula formation

May 14, 2014

Centrica Resources Norge AS, operator of production license 405, has announced that exploration wells 8/10-5 S and 8/10-5 A are dry. The wells were drilled approximately 13km southeast of the Ula field, in the southern sector of the North Sea…

Marathon selects Technip for Alvheim

May 13, 2014

Technip was awarded by Marathon Oil Norge a contract for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installation engineering, procurement, fabrication…

Statoil exits Angola block

May 12, 2014

Statoil announced plans to divest its interest in the ENI-operated block 15/06 offshore Angola for US$200 million. The transaction, which will be effective 1 January 2013, means concessionaire Sonangol EP will pick up Statoil's 5% participating interest…

Lundin assesses Edward Grieg upside

May 12, 2014

Lundin Petroleum (Lundin Petroleum), through its wholly-owned subsidiary Lundin Norway (Lundin Norway), is pleased to announce that the appraisal drilling and testing of the well 16/1-18 on the Edvard Grieg field in the North Sea sector of…

Norshore inks Malaysia top hole contract

May 09, 2014

Norwegian drilling contractor Norshore is to carry out top hole drilling in the Malikai field in Malaysia as part of a contract with Sabah Shell Petroleum Company, Far Frontier Energy Sdn. Bhd. Norshore said the contract was a breakthrough…

Norway needs to halve well costs

May 09, 2014

Norway’s state oil firm Petoro has said it wants to double the number of wells on the Norwegian Continental Shelf and halve their cost in order to realize the great potential of discoveries and existing fields in the Norwegian State’s Direct Financial Interest (SDFI) portfolio…

Hybrid vessel JIP launched

May 08, 2014

DNV GL has launched a JIP to assess how hybrid power concepts used in the maritime industry could be used in the offshore oil and gas sector.  Hybrid power concepts use batteries in combination with traditional power generation equipment…

Deep Sea Mooring backs new business

May 08, 2014

Norwegian mooring solutions and services firm Deep Sea Mooring (DSM) is backing a new, specialist business dedicated to subsea installation solutions. Deep Sea Installation (DSI), which will initially focus on the floating production, storage and offloading vessel segment…

TGS and EMGS expand Barents coverage

May 08, 2014

TGS and Electromagnetic Geoservices (EMGS) have agreed to further expand the companies' previous cooperation agreement in the Barents Sea.   TGS will partner with EMGS to acquire electromagnetic (EM) data over four additional blocks in…

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