Norway News

 

Offshore Oil Rig Infection Exposes Coronavirus Dangers

Mar 12, 2020

Equinor reported the oil industry's first coronavirus infection on an offshore installation on Wednesday, highlighting the challenge in preventing contamination for thousands of workers living in the close quarters on rigs and platforms.A worker…

Long-Term Charters for Island Offshore PSV Sextet

Mar 11, 2020

Norwegian offshore vessel owner Island Offshore has secured long-term contracts and extensions for six of its platform supply vessels.First, the company said Wednesday it had won long term contracts with oil company Lundin Petroleum for the…

Norwegian Oil Regulator Restricts Visits on Coronavirus Fears

Mar 11, 2020

Norway's oil and gas industry regulator has introduced restrictions with regard to the presence in its offices for persons who have been in areas with the prolonged spread of coronavirus.'If you have been in these areas during the last 14 days…

Eidesvik Bags Supply Vessel Work with Aker BP

Mar 11, 2020

Norwegian oil firm Aker BP has chartered a platform supply vessel from compatriot offshore vessel owner Eidesvik Offshore.Eidesvik Offshore said Wednesday that Aker BP had awarded it a contract for the 92,2-meters long Viking Lady offshore vessel under the framework agreement between the parties…

Oil Crash Makes Wind Power Firm Nordics' Biggest Energy Company

Mar 11, 2020

The oil price crash has led to Danish offshore wind developer Orsted overtaking Norwegian oil major Equinor as the most valuable energy company in the Nordics, highlighting the appeal to investors of renewables over fossil fuels. Shares in Equinor…

Coronavirus Case Confirmed on Equinor's Offshore Project in Norway

Mar 11, 2020

One person has tested positive on the coronavirus at Equinor's Martin Linge offshore platform in the Norwegian Part of the North Sea.'The person is not seriously ill. Equinor is in dialogue with the Norwegian health authorities about further measures…

Equinor Gets Nod for Gabriel Prospect Drilling

Mar 10, 2020

Equinor Energy has received approval from the Norwegian Petroleum Directorate to drill a wildcat well in the North Sea, offshore Norway.The company will use the West Hercules semi-submersible drilling rig to drill the Gabriel prospect exploration well formally named well 35/10-5…

'Historic' Hit, as Oslo Plumbs New Depths

Mar 09, 2020

Norwegian offshore suppliers on Monday endured a perfect storm of economic shockwaves after the oil price collapsed 30 percent over the weekend and sent oil stocks plummeting en masse in a way not seen for two decades.By around midday in Oslo…

Norway Economy Strong Despite Oil Crash, Minister says

Mar 09, 2020

The Norwegian economy remains strong despite the sharp fall in the price of oil, Norway's biggest export, but it is too early to tell what the full impact will be from cheaper crude and the coronavirus, Finance Minister Jan Tore Sanner said on Monday…

Equinor Cleared to Use Odfjell Rig at Tordis and Vigdis Fields

Mar 06, 2020

Equinor has received regulatory approval to use the Deepsea Atlantic offshore drilling unit for operations at Tordis and Vigdis fields in the North Sea, offshore Norway.The Petroleum Safety Authority said Friday that the drilling and completion operations…

Magnora Invests Oil Money into Wind Company

Mar 06, 2020

Magnora, an Oslo-listed company, formed after oil rig designer Sevan Marine sold its business to Sembcorp, has announced an investment into a wind project development.The news comes less than a month after Magnora initially voiced its intention…

Gjøa Platform Flights Set to Resume after Worker Tests Negative on Coronavirus

Mar 06, 2020

The article originally titled 'Neptune Stops Gjøa Platform Flights on Coronavirus Suspicion' has been updated to include a statement by Neptune Energy, and to reflect the fact that the Neptune employee has tested negative on Coronavirus.Neptune…

Aker BP Taps Tendeka for Sand-Face Completion Equipment

Mar 05, 2020

Offshore completions services company Tendeka has received a Letter of Intent for the supply of sand-face completion equipment to Aker BP’s Norwegian assets. Tendeka said the deal was a substantial one with a multi-million-pound scope.Over the next three years…

Equinor Wraps Drilling of Offshore Well for CO2 Storage

Mar 05, 2020

Equinor, with its partners Shell and Total, has completed the drilling of confirmation well 31/5-7 Eos south of the Troll field in the North Sea. The purpose was to determine the suitability of the reservoir in the Johansen formation for CO₂ storage…

Aker BP, Framo Pump Pact a Market Indicator

Mar 05, 2020

Aker BP and Framo have signed a first long-term frame agreement for the preventive maintenance of seawater lift pumps, a deal in which “compensation is directly linked to facility uptime”, the operator said in a release Monday.While the “seawater lift as a service” agreement might sound “smart”…

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