VNG Norge, part of German group VNG, has lined up a drilling for for work on the Fenja development in the Norwegian Sea. VNG Norge has issued a letter of intent (LOI) to North Atlantic Norway for the semisubmersible drilling rig West…
VNG Norge, on behalf of the PL 586 partners, has issued a letter of intent (LOI) to TechnipFMC for the Fenja field development project (formerly known as Pil and Bue). The LOI covers the EPCI (engineering, procurement, construction and…
A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt. The firm won US$2.5 billion in…
The Norwegian Ministry of Petroleum and Energy received a record response for the Awards in Predefined Areas (APA) 2017 round, with a total of 39 companies submitting applications for new acreage on the Norwegian Continental Shelf (NCS). Map…
Waxy crude on the Pil and Bue project and topside constraints has led VNG Norge to explore pipe-in-pipe heating systems. Elaine Maslin reports. Statoil’s Njord A facility. Photo by Thomas Sola/Statoil…
While significant costs have been stripped out of the oil and gas industry, shale is fighting back. And, if the subsea industry is to survive, it will need more than just reduced costs, industry executives told the Underwater Technology Conference (UTC) in Bergen…
Norwegian authorities have approved Statoil’s estimated US$2.3 billion (NOK20 billion) plan of development and operation (PDO) for the Njord and Bauge fields in the Norwegian Sea. Source: Statoil Statoil…
VNG Norge estimates its development plan for the Fenja field to cost US$1.3 billion (NOK$11.5 billion), the company said in a 15 June impact assessment of the project. Source: VNG Norge Formerly known as the Pil and Bue discoveries…
Statoil submitted development plans for two Norwegian Sea fields that are set to come onstream in 2020, with an investment of some US$2.3 billion (NOK 19.8 billion). The Bauge discovery will be tied in to the upgraded Njord field…
VNG Norge has awarded a trio of companies, Subsea 7, TechnipFMC, and Aker Solutions, front-end engineering and design (FEED) contracts for the Pil & Bue project, in the Norwegian Sea. Subsea 7 and TechnipFMC won the subsea structures…
VNG Norge is targeting a final investment decision on its Pil and Bue development in the Norwegian Sea by the end of this year. Map of Pil & Bue, from VNG. Pil and Bue ('arrow'…
Germany’s Wintershall will use AGR’s well data management and analysis software tool iQˣ for its Maria field on the Norwegian Continental Shelf (NCS). iQˣ is designed to optimize well performance and drilling management by providing a data and knowledge management platform…
Norway's latest licensing round has seen the fewest companies awarded licenses in the Norwegian Awards in Predefined (APA) areas in a decade. But, the number of licenses offered remains high - the most since 2013, in fact, creating an opportunity…
Offers for 56 new production licenses on the Norwegian continental shelf are being made to 29 companies, 17 of which are operators. The offers are being made after 33 companies applied in the Norwegian Petroleum Directorate's (NPD) the Awards in Predefined Areas (APA) 2016…
Aker BP started first oil at the Ivar Aasen field earlier this week, just four years after the plan for development and operations (PDO) was submitted. Image of Ivar Aasen, from Aker BP. Production…
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