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Claxton to support MOL Norge’s first well programme on the Norwegian Continental Shelf

Oct 29, 2018

Claxton, a supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well program on the Norwegian Continental Shelf.The award is through Ross Offshore Well Management AS…

Stena Drilling Rig Gets an Engine Overhaul

Oct 29, 2018

The first phase of a new diesel engine maintenance and service program has been completed for vessels owned by international drilling contractors Stena Drilling, power specialist Royston said.Work on the Wartsila 16v25 No.3 generator on board…

Orsted Contracts EEW OSB to Supply Offshore Wind Components

Oct 25, 2018

EEW OSB, a Teesside facility that manufactures transition pieces (TPs) used in offshore wind farms, is entering the international market thanks to multiple contracts with Ørsted, the global offshore wind company.The multi-million pound contract…

Russia, Norway Ink Seismic Pact for Barents Sea

Oct 25, 2018

The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea…

Norway's Aasta Hansteen Field to Start Producing Gas

Oct 25, 2018

Norway's Aasta Hansteen gas field will start production from Nov. 4 and will feed the system with 12 million cubic metres (mcm) of gas per day, it's largest owner Equinor said on Thursday.The newly connected field, which will send its production to Norway's Nyhamna plant for processing…

BiSN Deploys Largest-ever Bismuth Plug

Oct 25, 2018

BiSN, the provider of metal-to-metal downhole sealing solutions, has achieved a world first in conjunction with AkerBP and Altus Intervention, through the successful deployment of the largest-ever bismuth plug.Following over a year of development…

Kvaerner Eyes Growth, Mergers as Profits Decline

Oct 23, 2018

Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…

German Wind Auction Undersubscribed

Oct 23, 2018

The German Federal Network Agency (BnetzA) has announced the outcome of the latest German onshore wind auction. It revealed that the country's last wind tender of the year was undersubscribed and saw average prices rise again.A press release noted that only 363 MW of capacity won a contract…

Orsted Selects Siemens Gamesa or Typhoon-Proof Turbines

Oct 23, 2018

Danish wind power company Ørsted has selected Siemens Gamesa Renewable Energy (SGRE) as the preferred supplier for the first 900MW Greater Changhua offshore wind farms.The project is subject to certain conditions such as the signing of a power…

Simec Atlantis Energy Completes Offshore Operations

Oct 23, 2018

The owner and operator of sustainable energy projects Simec Atlantis Energy announced that it successfully completed offshore operations on MeyGen Phase 1A with two Andritz 1.5MW turbines returned to service and the Atlantis 1.5MW turbine successfully retrieved for ancillary systems maintenance…

Weir launches sale of flow control business

Oct 22, 2018

British engineer Weir has launched the sale of its flow control business in a move that could value the supplier of pumps and valves at more than 300 million pounds ($389 million), according to sources with knowledge of the matter.Bankers for…

Rowan Stavanger to Drill for Gudrun

Oct 22, 2018

Rowan Norway Limited has been awarded a contract for drilling two wells at the Gudrun field by use of the Rowan Stavanger jack-up rig. The rig has furthermore been awarded five options for drilling of single wells.Equinor has signed a framework agreement with Rowan Norway Limited…

Neptune Energy Names Lumens CFO

Oct 22, 2018

Private equity backed oil and gas producer Neptune Energy on Monday named former Louis Dreyfus executive Armand Lumens as its chief financial officer. Lumens worked with Louis Dreyfus Co as its group chief financial officer for less than two…

Aker BP Q3 Operating Profit Beats Forecast

Oct 19, 2018

Aker BP's third-quarter operating profit rose more than expected, helped by a boom in oil prices, the Norwegian oil firm said on Friday, while reducing planned capital and exploration spending.Earnings before interest and taxes (EBIT) rose to…

After Denmark, Noreco Eyes UK Acquisitions

Oct 18, 2018

Norwegian Energy Company (Noreco) plans to acquire offshore assets on Britain's continental shelf in 2019, following its purchase of Shell's upstream oil and gas licenses in Denmark, its chairman told Reuters on Thursday.The Oslo-listed company on Wednesday announced a $1…

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