Rn Nordic Oil News

 

DNO to Acquire Sval Energi in $1.6B Deal to Boost North Sea Assets

Mar 07, 2025

Norwegian oil and gas operator DNO has reached agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million, based on an enterprise value of $1.6 billion.The Sval Energi assets are complementary to DNO’s North Sea portfolio, and according to the company, it will quadruple its North Sea output to around 80,000 boepd.DNO said the transaction will boost its global net production by two thirds to around 140…

Denmark Plans Offshore Wind Tender With Up to $8.3 Billion Subsidy

May 19, 2025

Denmark will launch offshore wind tenders with a capacity of three gigawatt (GW), enough to power three million homes, its energy ministry said on Monday, offering subsidies to developers of up to 55.2 billion Danish crowns ($8.32 billion).The…

Altrad’s Stork Gets Inspection Contract for Ithaca Energy

May 08, 2025

Altrad’s recently acquired subsidiary Stork has secured a multi-year contract with Ithaca Energy for inspection services across its oil and gas assets off UK.The five-year contract, which started on March 1, 2025 will encompass the provision of inspection services for the topside pressure systems…

Wildcat Well in Norwegian Sea Fails to Deliver for Aker BP

Mar 27, 2025

Aker BP and its partners have completed drilling on the Kongeørn prospect in the Norwegian Sea without making a discovery as the wildcat well proved to be dry.Wildcat well 6507/2-8 is situated in production license 942, which was part of the Awards in predefined areas (APA) 2017…

Industry Award for Sustainable Drilling Waste Solution

Jan 16, 2025

Specialist drilling waste management company, TWMA, has been announced as a finalist in this year’s SPE Offshore Achievement Awards.Shortlisted for the Sustainability Project Award, this recognition celebrates TWMA’s RotoMill technology, an…

Eni Starts Up Baleine's Second Phase, Boosting Production Offshore Côte d'Ivoire

Dec 30, 2024

Italian energy giant Eni has started production from the second phase of Baleine field's development offshore Côte d'Ivoire, which will increase its output to 60,000 barrels of oil per day and 70 million cubic feet of associated gas.Phase 2 will see the Floating Production…

Finland Eyes First Offshore Wind Tender in Late 2025

Dec 20, 2024

Finland aims to begin tendering areas for offshore wind power generation in its exclusive economic zone at the end of 2025, the Nordic country's economic affairs ministry said on Thursday.A new legislation that will come into force in January…

Repsol Gets $440K Fine for Halting NEO’s Production at Flyndre Field

Nov 26, 2024

The North Sea Transition Authority (NSTA) has issued its highest-ever fine of $440,000 (£350,000) on Repsol North Sea (RNS) for behavior that led to a shut-in at the Flyndre field and hampered economic recovery of petroleum.The Fulmar facility in the Central North Sea…

StreamTec to Work on Hydrogen Transmission Infrastructure in Baltic Sea

Nov 19, 2024

Gasgrid, the Finnish gas TSO, has selected StreamTec Solutions as its owners engineering partner to support development of hydrogen transmission infrastructure projects in the Baltic Sea.These hydrogen transmission infrastructure projects are…

Equinor Hires Northern Ocean’s Deepsea Bollsta Rig for Ops Off Norway

Nov 18, 2024

Equinor has awarded a two-year firm contract to Northern Ocean Wind to employ the mobile rig Deepsea Bollsta, operated by Odfjell Drilling, on the Norwegian continental shelf.The contract value for the firm period is calculated at around $335 million…

Norway Agrees Terms with Private Firms for $1.6B Gas Export Network Takeover

Nov 12, 2024

Norway has reached a deal with seven private owners for a government takeover of much of the country's extensive gas pipeline network, the Norwegian energy ministry said on Tuesday.Norway in 2023 announced plans to nationalise most of its vast gas pipeline network…

German Independent Inspections Firm Acquires Safetec

Oct 01, 2024

German company TÜV Rheinland has acquired Safetec, a risk management consulting company in Norway active across oil and gas, renewables, and maritime sectors.Safetec’s operations will complement the existing risk, safety and integrity management…

Esgian Week 36 Report: New Contracts Awarded in India, Guyana and West Africa

Sep 08, 2024

Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India…

Saipem Sees Business Opportunities in Green Ammonia, Offshore Wind

Jul 25, 2024

Italian energy contractor Saipem, which has traditionally focused on oil and gas contracts, sees business opportunities arising in low-carbon areas including green ammonia and offshore wind, its CEO said on Thursday.Speaking with journalists the day after releasing first-half results…

Refurbished FPSO and FSO Set to Sail to Eni’s Baleine Fild

Jul 25, 2024

The floating production storage and offloading (FPSO) unit Petrojarl Kong and floating storage and offloading vessel (FSO) Yamoussoukro have entered their final stages of upgrading and conversion prior to their mobilization to Côte d’Ivoire for Eni’s Baleine Phase 2 project…

Current News

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Iberdrola Picks Up $4.9B to Fi

Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold

Perenco Brings Woodside’s Trin

Vallourec Brings CNOOC, Petrochina as New Clients in Iraq

Vallourec Brings CNOOC, Petroc

Germany’s SEFE Inks Three-Year LNG Supply Deal with ADNOC

Germany’s SEFE Inks Three-Year

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