Norway News

 

Acta Marine Wraps Maintenance Campaign on Bard Offshore 1 Wind Farm

Apr 09, 2021

Acta Marine has this week completed its three-year maintenance campaign for Ocean Breeze on the Bard Offshore 1 wind farm, the first commercial offshore wind farm in Germany.Acta Marine's Acta Auriga walk-to-work support vessel - which offers…

Archer Bags Long-term Wireline Services Work with ConocoPhillips in Norway

Apr 08, 2021

Oilfield and drilling services provider Archer has won a long-term frame agreement with ConocoPhillips for work offshore Norway.Under the five-year agreement, Archer will provide wireline services on the Norwegian Continental Shelf.Also, Archer…

Tampnet Buys BP's Offshore Fiber Cable System in Gulf of Mexico

Apr 07, 2021

Norway-based Tampnet which operates offshore high-capacity communication networks has completed the acquisition of BP's Gulf of Mexico (GoM) offshore fiber cable network, in what Tampnet says is one of the most significant milestones in the history of the company…

Norway's Oil Fund to Buy 50% Stake in Dutch Offshore Wind Farm from Danish Firm Ørsted

Apr 07, 2021

Norges Bank Investment Management (NBIM), an entity running Norway's $1.3 trillion sovereign wealth fund - popularly known as the oil fund - has agreed to acquire 50 percent in the Borssele 1 & 2 offshore wind farm in the Netherlands from the…

ABB, Siemens to Service Electrical Equipment on All Equinor's Platforms in Norway

Apr 07, 2021

Norway's Equinor has awarded ABB and Siemens Energy 8-year framework agreements for providing service of electrical equipment on all Equinor’s installations on the Norwegian continental shelf (NCS) and onshore plants in Norway. The total value…

VARD to Build North Star's Dogger Bank SOV Fleet in Vietnam

Apr 06, 2021

Norwegian shipbuilder VARD has won contracts to build three Service Operation Vessels (SOVs) for the UK-based North Star Renewables. The vessels, to be built in Vietnam, will operate on the Dogger Bank Wind Farm in the North Sea, the world's largest…

Indian Oil Corporation Buys Its First Johan Sverdrup Crude Cargo

Apr 05, 2021

State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on Monday…

Three60 Energy Wins Contract with OMV in Norway

Apr 01, 2021

UK-based oilfield services company Three60 Energy has been awarded a new framework agreement with Austria-based oil and gas company OMV for the provision of services in Norway.The agreement, which is in place for five years with options for extension…

US Jobs from US Offshore Energy: A Goal 44 Years in the Making

Mar 31, 2021

I have a good friend named John Guste. He and his wife grew up in the same neighborhood as my wife, they all went to college together, and now our kids are friends. As a doctor, I’m sure he has little concern with the messy, yet mundane, intricacies of offshore energy and maritime policy…

MP Quantum to Deploy Ocean Sun's Floating Solar Tech in Greece and Cyprus

Mar 30, 2021

Ocean Sun, a Norway-based developer of floating solar technology, has signed an agreement with MP Quantum Group to deploy Ocean Sun's floating solar solution in Greece and Cyprus.Børge Bjørneklett, CEO and founder of Ocean Sun said: “We are…

Equinor, BP Offshore Wind JV Picks Nexans for Empire Wind Cable Work

Mar 30, 2021

Empire Offshore Wind, an offshore wind joint venture between Equinor and BP, has picked offshore cable specialist Nexans as a preferred supplier to connect the Empire Wind offshore projects in New York to the onshore grid.The turnkey projects cover the full design and manufacturing…

Robots Could Replace Thousands of Oil & Gas Jobs, Cut Drilling Costs

Mar 30, 2021

Robots could replace hundreds of thousands of oil and gas jobs globally and reduce drilling labor costs by several billion dollars by 2030, if there is an industry push for such a transition, Rystad Energy has found.'Even when the Covid-19 downturn is finally past us…

'Floatel Endurance' Gets Extended Stay at Equinor's Martin Linge Field

Mar 30, 2021

Floatel, a provider of offshore accommodation rigs for the international offshore energy industry, has secured a contract extension for its Floatel Endurance semi-submersible unit in Norway.Floatel, which last week announced it had successfully…

Vår Energi Obtains Approval to Drill Four Wells Off Norway

Mar 30, 2021

Norwegian offshore oil and gas company Vår Energi has received regulatory approvals to drill four wells in the production license 229, in the Norwegian section of the North Sea.The Norwegian Petroleum Directorate said Tuesday it had granted Vår Energi a drilling permit for wells 25/8-20 S…

U.S. Sets 30 GW Offshore Wind Target

Mar 29, 2021

The Biden administration on Monday unveiled a goal to expand the nation’s fledgling offshore wind energy industry in the coming decade by opening new areas to development, accelerating permits, and boosting public financing for projects.The…

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