Rex International (RII) entered into a subscription agreement with Lime Petroleum Norway (LPN) for about US$11.72 million (NOK 100 million) as capital injection for Lime’s drilling program obligations. Image from Rex…
Germany's Wintershall has taken over the operatorship of the subsea oil and gas field Vega from Statoil as it gears up to develop the Maria field. Vega is the BASF subsidiary’s first operated subsea tie-in field in Norway. With this transfer…
Lukoil Overseas North Shelf AS awarded AGR a US$131,000 contract for its well intelligence software solution, iQx. AGR’s iQx software is designed to simplify and increase efficiency of the planning and execution of drilling wells.…
Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of US$2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA). EMGS's multi-client data library in Norway now covers 44…
Germany’s Wintershall picked up eight new exploration licenses from the Norwegian Ministry of Petroleum and Energy in the current licensing round APA 2014. Image from Wintershall. Wintershall…
Statoil Petroleum awarded Interwell a frame agreement for the scope of completion services in the Norwegian Continental Shelf (NCS). The six-year contract has an initial period of two years with two additional optional periods of two years.
RossOffshore AS, based in Bergen, Norway, has been awarded long-term helicopter services contract with Lundin Norway AS and the Det norske oljeselskap ASA. The three-year contract is to book personnel for flights offshore Norway, and includes three x two-year options to extend…
Wood Group Mustang has been awarded the pre-front-end engineering design (pre-FEED) contract by Statoil for the proposed Snorre C tension leg platform (TLP) to be located on the Norwegian continental shelf. Work is being conducted by…
Statoil has completed its joint venture seismic acquisition project in the southeastern Barents Sea, carried out in advance of the Norwegian Continental Shelf’s upcoming licensing round. “This information will constitute an important…
Deep Sea Mooring (DSM) has secured a contract to provide a range of mooring services for Repsol's drilling operations on the Norwegian Continental Shelf. Under the contract, DSM will provide marine engineering services and deliver the mooring equipment…
AGR has been awarded software contracts with Det norske oljeselskap, VNG (Norge) and OMV (Norge) worth in total about US$1 million. AGR will be delivering its bespoke software products P1, CT and iQˣ, which has been shortlisted for the ONS Innovation Award…
The Ministry of Petroleum and Energy has announced the APA 2014 in the predefined areas on the Norwegian Shelf. Awards are projected to be announced in 1Q 2015. The APA system has been extended with the addition of three blocks in the Barents Sea near Snøhvit field…
The subsea services division of global offshore contractor EMAS has won two major contracts offshore Norway.EMAS AMC has been awarded an engineering, procurement, construction and installation (EPCI) contract, valued at approximately US$165 million…
Company to manufacture umbilicals, riser baseSPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of deepwater umbilicals to the Aasta Hansteen field on the Norwegian Continental Shelf…
The first of several riser replacements for Statoil on the Norwegian continental shelf was successfully completed recently by Emas AMC using the construction vessel AMC Connector. This one took place on Snorre B and the Emas AMC contract…