Norwegian oil and gas firm Equinor has exercised its option to extend the contract for Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig.Odfjell Drilling said Friday that Equinor had exercised its right to add two new wells to the rig's contract…
Norwegian offshore drilling contractor Odfjell Drilling has signed firm drilling contracts with Equinor for the use of two of its offshore drilling rigs in Norway.The contracts are for the use of the Deepsea Atlantic semi-submersible drilling…
Equinor, Norway's largest oil company, said Tuesday that the Covid-19 pandemic and weakened Norwegian krone have negatively impacted some of its offshore development projects in Norway, however, the company said that its 'combined project portfolio is still very resilient…
Lundin Energy, a Swedish oil and gas company with operations in Norway, has hired the Norwegian engineering and construction giant Aker Solutions to help it electrify its Edvard Grieg offshore oil platform in the North Sea.Under the contract…
Norwegian energy company Equinor has awarded Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig more work in Norway.Odfjell Drilling said Tuesday that Equinor had elected to use the rig for three offshore wells.'The wells have…
Norwegian offshore drilling contractor Odfjell Drilling has signed a letter of intent with oil company Equinor for the use of its Deepsea Atlantic offshore drilling rig for the development of the Johan Sverdrup Phase 2 offshore Norway.The letter…
Marine and engineering consulting firm LOC Group has been awarded a new scope of work with Norway's Equinor to provide services as part of the second phase of the development of the Johan Sverdrup offshore oil field in Norway.Under the contract…
Norwegian oil firm Aker BP on Tuesday beat second-quarter pretax profit expectations helped by record output and a partial reversal of impairments from the previous quarter as oil prices rose.Pretax profit fell to $151 million from $249 million a year earlier but beat a forecast of $91…
Norwegian company Parat Halvorsen will supply the electric boilers that will provide the heating on the Edvard Grieg platform offshore Norway when the field is supplied with power from shore. 'This means that the last piece of the puzzle to fully electrify Edvard Grieg is coming into place…
Norway's Equinor reported a smaller-than-expected drop in fourth-quarter core operating profits on Thursday as the startup of a major new oilfield partly mitigated the impact from weak European gas markets. The Oslo-listed company's adjusted earnings before interest and tax (EBIT) fell to $3…
Offshore oil and gas production is very energy intensive, and with declining field pressure and the need for enhanced production the energy demand even increases substantially in the later lifetime of an oil and gas production facility. The…
Swedish oil and gas company Lundin Petroleum is aiming to become carbon neutral by 2030. It has also proposed to lose the „petroleum“ part from its name, and replace it with „energy.“Announcing the launch of its Decarbonization Strategy on Monday…
Aibel Thailand, which is building the Main Support Frame (MSF) module for Johan Sverdrup’s P2 process platform, said it has completion of the first deck at the company’s yard in Laem Chabang.In November, the project reached a major milestone…
According to Rystad Energy, Norway has taken several steps to reduce its upstream emissions through electrifying offshore platforms, reducing flaring volumes, installing carbon capture and storage (CCS), and other energy efficiency measures…
Equinor has awarded the Johan Sverdrup Phase 2 Pipeline and Umbillical Detail Engineering contract to IKM Ocean Design. The contract is a continuation of IKM Ocean Design’s long term involvement in the Johan Sverdrup project, where the company…
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