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Norway News

 

ConocoPhillips to use Rowan Norway for Ekofisk P&A

Feb 05, 2016

The Petroleum Safety Authority Norway (PSA) has granted ConocoPhillips consent to use the Rowan Norway mobile drilling facility for plugging and abandonment of wells at Ekofisk 2/4 B. Ekofisk is an oil field lying in 70-75m of water in the southern North Sea…

Goliat first oil creeps closer

Jan 21, 2016

Eni is a step closer to starting production on the Barents Sea Goliat field in coming weeks following consent to use the Goliat floating production, storage and offloading (FPSO) facility from Norway's Petroleum Safety Authority (PSA). The…

Det norske completes Premier Norway acqusition

Dec 22, 2015

Det norske oljeselskap has completed its agreement to acquire Premier Oil Norway. The merger, previously announced on 16 November, comprises all Premier Oil plc’s Norwegian assets for a net consideration of US$120 million on a cash free, debt basis…

Aker suffers major MMO loss

Dec 15, 2015

Aker Solutions suffered a disappointing loss to competitors in Statoil awards that will see the oil services company lose up to US$69 million in revenue, undergo workforce reductions, and an organizational restructure of its maintenance, modifications…

Lundin farms-out Gemini

Feb 24, 2015

Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, entered into an agreement to farm-out a 30% working interest in PL338C to Lime Petroleum Norway. PL338C contains the Gemini prospect, which is currently being drilled with the Island Innovator rig…

43 companies net Norwegian stakes

Jan 20, 2015

Norway's Ministry of Petroleum has welcomed interest in its latest Awards in Pre-defined Areas licensing round, despite the expection that future discoveries in the area will be smaller than in the past.  Stakes in some 54 new production…

FPSO Petrojarl Knarr sailaway

Oct 14, 2014

Watch as Teekay Corp.’s largest project, the FPSO Petrojarl Knarr, sails away from South Korea to Norway. It took three Fairmount Marine tugs 61 days to tow the FPSO off Norway where it is deployed in the Knarr oil and gas field…

47 apply in latest Norwegian license round

Sep 11, 2014

Nearly 50 companies have made applications for licenses in the Norwegian government's lates licensing round. The deadline for applications ended September 2. Norway's Ministry of Energy and Petroleum said applications had been received…

Polarcus grows Norwegian footprint

May 30, 2014

Polarcus has opened its first office in Norway. The new office is in the center of Stavanger, and adds to the firm's global network of regional marketing offices in London, Houston, Singapore, Moscow, and Rio de Janeiro.  The firm says…

Latest Johan Sverdrup wells complete

Mar 27, 2014

Lundin Petroleum has completed two successful appraisal wells 16/3-8 S and 16/3-8 S T2, on the Johan Sverdrup discovery. Appraisal well 16/3-8 S, on the Avaldsnes High, was drilled about 4km southeast of discovery well 16/2-6 and about 3km west of appraisal well 16/3-4…

Norway buoyant but costs rise

Jan 14, 2014

Wood Mackenzie’s annual review of Norway's upstream oil and gas industry concludes that the sector showed no signs of slowing down in 2013.The review cites high levels of development spend, asset deals, exploration activity, and a record NKr 176 billion (US$30 billion) capital investment…

Norwegian innovation makes its mark

Jun 14, 2013

When Norway first attended the Offshore Technology Conference in Houston, 40 years ago, it was at the beginning of a long journey. Building on its seafaring heritage, the country has developed a strong base for oilfield technology. It’s now leading the way into new territories…

Norway celebrates 40 years at OTC.13

May 01, 2013

Norwegian innovation in the oil and gas industry will be celebrated in Houston with the marking of a major milestone this year. Norway is marking its 40th anniversary of attending the Offshore Technology Conference with an impressive line…

Dana names Norway MD

Feb 14, 2013

Reidar Hustoft named Norway managing directorReidar Hustoft named managing director of Dana's Norwegian activities (Image: Dana Petroleum)Aberdeen-based Dana Petroleum appointed a new managing director for its Norwegian activities. Reidar…

Merrick Norway

Aug 17, 2012

Oil & gas IT solutions provider Merrick has established a wholly owned subsidiary in Oslo, branded Merrick Norway.

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