Norway News

 

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…

Norway: Vysus Group Nets Oseberg Field Work

Mar 02, 2021

Vysus Group, an engineering and technology consultancy, has been awarded a contract by Norway's Aibel for work on Equinor's Oseberg Field Center offshore Norway.The contract follows an award by Equinor to Aibel of a five-year portfolio deal…

Shell in Norway: Focus on Gas and Offshore Wind

Feb 09, 2021

Royal Dutch Shell will narrow its exploration scope in Norway to focus on natural gas production and possibly offshore wind in future, it told the Norwegian oil and energy ministry.Shell said in October it planned to reduce its oil and gas operations…

Solstad Finds Work for Normand Maximus CSV in Latin America

Dec 04, 2020

Norwegian offshore vessel operator Solstad Offshore has won a charter deal for the construction support vessel Normand Maximus.Solstad, which recently saw the long-term contract for the vessel terminated by Saipem four years earlier than planned…

Energy Ministry: Norway's Oil Output Cuts End on Dec. 31

Dec 01, 2020

Norway's oil output curbs, in place since June, are set to end on Dec. 31, the Ministry of Petroleum and Energy said on Tuesday.'The Norwegian regulation will expire at the end of the year,' the ministry said in a statement.Following a sharp…

Norway to Offer 136 New Offshore Exploration Blocks in Barents Sea Push

Nov 19, 2020

Norway will offer oil firms exploration blocks in nine frontier areas in its latest licensing round, including eight regions of the Arctic Barents Sea and one in the Norwegian Sea, the Ministry of Petroleum and Energy and the Petroleum Directorate (NPD) said on Thursday…

Aker BP, Aker Offshore Wind Team Up to Decarbonize Oil and Gas Operations in Norway

Oct 27, 2020

Norwegian oil company Aker BP has signed a deal with the recently established Aker Offshore Wind, to speed up the process of decarbonizing oil and gas assets and realizing offshore wind in Norway at large scale.Astrid Skarheim Onsum, Chief Executive Officer of Aker Offshore Wind…

Norway Rig Incident: Drilling Won't Resume Until Root Cause Found, Operator Says

Oct 21, 2020

Drilling at the West Bollsta offshore rig, where a 26-ton pipe accidentally dropped on the drill floor last weekend, will not resume until the cause of the incident is identified, oil and gas firm Lundin Energy said.As reported Monday, the incident occurred last Saturday…

Huisman to Deliver Giant Skyhook Crane to Norway

Oct 21, 2020

Dutch crane specialist Huisman has signed a letter of intent with Norway-based Wergeland and PSW for the delivery of its Skyhook quayside crane at the Gulen Industrial Harbour, Norway.The crane - dubbed the largest Slewing Jib Quayside Crane…

Norway: Probe Launched after 26.5t Pipe Drops on Offshore Rig's Drill Floor

Oct 20, 2020

The Norwegian oil and gas safety body PSA Norway has launched an investigation into an incident that occurred last weekend aboard the West Bollsta semi-submersible drilling rig, just a week after the rig had started drilling its first-ever well…

Norway Raises Spending from Oil Fund to $44B in 2020

May 29, 2020

Norway's government has further raised its projected 2020 spending from the country's sovereign wealth fund to 424.6 billion Norwegian crowns ($43.67 billion) from 419.6 billion seen on May 12, it said on Friday.The so-called structural non-oil deficit corresponds to 4…

Norway May Cut Oil Output if Other Big Producers Agree Deal

Apr 05, 2020

Western Europe's largest oil and gas producer Norway said on Saturday it would consider cutting its oil production if a global deal to curb supply is agreed by the world's biggest producers.OPEC and its allies are working on a deal for an oil…

Norway: No Oil Production Cuts Despite Price Drop

Mar 31, 2020

Norway's oil production remains profitable despite the recent plunge in prices and it does not plan to shut output, the country's Minister of Petroleum and Energy said on Tuesday.The price of North Sea Brent crude fell to its lowest level in…

Norway to Admit Non-Resident Europeans Working in Oil Industry

Mar 31, 2020

Norway will allow entry to certain European citizens for work in sectors critically short of labor including agriculture and the oil industry despite its lockdown to fight the coronavirus pandemic, the government said on Monday.The measure, which takes immediate effect in the Nordic country…

Norway Offers 36 Offshore Blocks, None in Barents Sea

Mar 30, 2020

Norway is offering oil firms 36 offshore exploration blocks in this year's licensing round in mature areas and for the first time in a decade did not offer any blocks in the Barents Sea.All the blocks are offered in the western part of the Norwegian Sea…

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