Norway News

 

Equinor Extends Helicopter Services Contracts with CHC

Jun 10, 2020

Norwegian oil company Equinor has extended helicopter services contracts with offshore helicopter operator CHC in Norway.CHC said Tuesday the extensions with Equinor were for both the Tampen/Oseberg and Heidrun contracts for one year, effective from September 2020 to August 2021…

Equinor Sanctions Sleipner Field Electrification

Jun 09, 2020

Norwegian energy company Equinor has made an investment decision to partly electrify the Sleipner field in the North Sea, offshore Norway.Equinor, with its partners  Vår Energi, LOTOS and KUFPEC on Tuesday filed a revised plan for development and operation to the authorities…

PlanSea's Software to Cut North Sea Logistics Costs, Emissions

Jun 09, 2020

A Robert Gordon University spin-out PlanSea Solutions is working on a software that could improve offshore oil and gas industry logistics in the UK North Sea, and save millions of pounds and cut CO2 emissions. The project is backed by the Oil & Gas Technology Centre (OGTC) and project partners BP…

Kvaerner Bags $106M Hod Platform Order from Aker BP

Jun 09, 2020

Norwegian oil company Aker BP has ordered the topside and steel substructure from Kvaerner for the normally unmanned wellhead platform at the Hod field. Kvaerner said the deal means that laid-off staff would return to work at its Verdal yard…

Keppel Rejects Awilco Drilling's Rig Contract Termination. Ponders Legal Action

Jun 09, 2020

Singapore's offshore rig builder Keppel is considering taking legal action against Awilco Drilling after the drilling company on Monday said it had terminated a rig construction contract with Keppel.Awilco Drilling said Monday that its subsidiary…

Shell Cuts Havila Crusader PSV Charter

Jun 09, 2020

Norwegian offshore vessel provider Havila Shipping has said that Shell has cut the contract for the Havila Crusader platform supply vessel early.The vessel was chartered from January 18, 2020, for a period of 2 wells firm in the UK, when, according to Havila Shipping…

Awilco Drilling Scraps Semi-Sub Rig Deal with Keppel

Jun 08, 2020

Offshore drilling company Awilco Drilling has terminated an offshore rig construction deal with Keppel, citing a breach of contract.Awilco said Monday that its subsidiary Awilco Rig 1 (AR1) had notified Singapore-based Keppel FELS that it had…

Norway Parliament Grants More Tax Relief to Oil Companies

Jun 08, 2020

Norway's parliament has agreed to give additional tax breaks to the oil industry on top of those proposed by the minority government in a bid to spur investment and protect jobs, the ruling Conservative Party said on Monday.Equinor and other oil firms…

Norway: CSS Buys Isotek

Jun 08, 2020

Norway's subsea pipeline repair and tie-in solutions provider Connector Subsea Solutions (CSS) has completed the acquisition fo Isotek Oil and Gas for an undisclosed fee.CSS said the purchase would bring Isotek’s remote welding technology to…

Norway to Keep Oil Production Cut Unchanged after OPEC+ Deal

Jun 08, 2020

Norway, Western Europe's largest oil producer, has no plans to modify its existing plans for production cuts, following the OPEC+ group's agreement to extend a deal on record output cuts to the end of July, the oil ministry said on Monday.On Saturday…

PGS Laying Off 40% Office Workers. Offshore Crews Might Be Cut, Too

Jun 08, 2020

Norwegian seismic player PGS said Monday it would reduce office-based personnel count by approximately 40%, including reductions already implemented, to address the lower market activity and to cut costs.The company said its plan is to bring…

Keppel, Borr Drilling Agree on Jack-Up Deliveries Delay

Jun 05, 2020

Offshore drilling company Borr Drilling has reached agreements with Keppel and its creditors to defer newbuild rig deliveries, and to defer certain interest payments, respectively, in a move which Borr says will improve its liquidity.Singapore…

Eidesvik Wins PSV Charters with Aker BP

Jun 05, 2020

Norwegian offshore support vessel operator Eidesvik Offshore has secured contracts for two of its offshore vessels with the Norwegian oil firm Aker BP.Aker BP has awarded Eidesvik's LNG-powered platform supply vessel Viking Lady a four-month contract extension…

Kongsberg's LARS for Ocean Infinity's Armada Robotic Ships

Jun 05, 2020

Norway's Kongsberg Maritime has signed its first contract for its ROV launch & recovery system (LARS) specifically designed to handle remotely operated vehicles (ROVs) from unmanned vessels.The contract has been signed with Ocean Infinity, who…

Norway Oil Companies Slash Investment Plans

Jun 04, 2020

Norwegian oil and gas investment, a key economic driver, is expected to decline sharply in 2021 after rising less than previously anticipated this year, an industry survey by the national statistics agency (SSB) showed on Thursday.The biggest…

Current News

Fred. Olsen Windcarrier Picks Jack-Up for 1600t Huisman Crane

Fred. Olsen Windcarrier Picks Jack-Up for 1600t Huisman Crane

Japan Identifies 10 Areas for Offshore Wind Projects

Japan Identifies 10 Areas for Offshore Wind Projects

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

LLOG Charters Transocean Rig for Shenandoah Drilling

LLOG Charters Transocean Rig for Shenandoah Drilling

Subscribe for OE Digital E‑News

Offshore Engineer Magazine