Norway News

 

Norway Pressing Ahead with Offshore Wind. Prepares First Tenders

Mar 29, 2021

Norway will press ahead with North Sea wind power this year, awarding its first development licenses as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply.The government has earmarked two areas in the North Sea for up to 4…

Neptune Revises Dugong Offshore Oil Discovery Size Estimate

Mar 29, 2021

Oil and gas exploration and production company Neptune Energy on Monday revised down the estimated size of its Dugong offshore oil discovery made last year in the Norwegian part of the North Sea.The company, which had previously estimated recoverable…

Aker Offshore Wind, Hexicon Exploring Floating Wind Options in Sweden

Mar 29, 2021

Norway's Aker Offshore Wind and Swedish firm Hexicon have signed an agreement to jointly explore and realize floating wind opportunities offshore Sweden, that could generate 'several gigawatts' of renewable power.'The two companies have agreed…

Equinor Gets Green Light to Drill Barents Sea Well

Mar 29, 2021

Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…

Maersk Drilling to Reactivate Jack-up Rig to Support Aker BP's Valhall Field Work

Mar 29, 2021

Danish offshore drilling firm Maersk Drilling has won a contract with the Norwegian oil company Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher.Aker BP will use the Maersk Reacher to assist with well intervention, stimulation…

AGR to Provide Specialist Personnel for OMV in Norway

Mar 29, 2021

Norwegian energy services firm AGR said Monday it had signed a 'Contract for Leased Personnel' with OMV Norway, a Norwegian subsidiary of Austria-based OMV.The contract for the provision of specialist personnel on the Norwegian Continental Shelf…

Oceanteam, Bourbon JV to Sell CSV Southern Ocean

Mar 26, 2021

Oceanteam Bourbon 4, a joint venture owned 50/50 by Oceanteam and Bourbon Offshore Norway, has entered into a memorandum of agreement regarding the sale of the vessel CSV Southern Ocean.The sale is made subject to customary conditions and is expected to be completed in April 2021…

Norway's Oil Minister Diagnosed with Covid-19

Mar 26, 2021

Norway's minister of petroleum and energy, Tina Bru, has been diagnosed with COVID-19, along with her son and husband, she wrote on her Facebook page on Friday.'We are all feeling relatively well, and we obviously hope it will continue that way…

West Mira Offshore Rig to Resume Drilling by Mid-April after Dropped X-mas Tree Incident

Mar 26, 2021

Offshore drilling rig contractor Northern Ocean expects its West Mira drilling rig to return to work by mid-April after it last week experienced an incident in which some production equipment was dropped to the seabed, off Norway.'During the…

Lundin Makes Minor Oil Find Off Norway. Eyes Tie-in to Solveig Field

Mar 26, 2021

Swedish oil company Lundin Energy has made a minor oil discovery in the North Sea, offshore Norway.The Norwegian Petroleum Director said Friday that Lundin's Norwegian subsidiary Lundin Energy Norge had completed the drilling of the wildcat well 16/4-13 S…

Sval Energi Wraps $300M Edison Norge Buy

Mar 25, 2021

Norwegian oil and gas company Sval Energi said Thursday it had completed the $300 million acquisition of Edison Norge.The deal, first announced in December 2020, sees HitecVision-backed Sval acquiring ten production licenses on the Norwegian continental shelf…

ConocoPhillips Orders Eldfisk North Subsea Production System from Aker Solutions

Mar 25, 2021

Norwegian offshore engineering and construction company Aker Solutions has said it has secured 'a large contract' from ConocoPhillips to deliver a subsea production system for the Eldfisk North development offshore Norway. The field will be developed as a subsea satellite…

Polish PGNiG to Buy INEOS' Norwegian Oil and Gas Business for $615M

Mar 25, 2021

INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million.  The deal includes all INEOS Oil & Gas interests in production, licenses, fields, facilities and pipelines, on the Norwegian continental shelf…

EMGS Nets 3D CSEM Survey Work in Southeast Asia

Mar 25, 2021

Norwegian offshore survey company EMGS said Thursday it had won a 3D CSEM contract in Southeast Asia. 'This is EMGS's first CSEM data acquisition contract with this customer,' EMGS said without sharing who the customer was.'The company expects…

Tenaris to Deliver Line Pipe for Norwegian Offshore CO2 Storage Project

Mar 25, 2021

Norway's Equinor has awarded Tenaris the contract for the supply of tubulars for the Northern Lights CO2 transport and storage project offshore Norway.From its Dalmine mill in Italy, Tenaris will produce a 105km 12” Carbon Manganese (C-Mn) seamless line pipe for the project…

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