Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (EPCI) by Lundin Norway ASO in the Norwegian Continental Shelf.The services include planning, engineering, prefabrication, offshore installation and commissioning support…
Kvaerner and Aker Solutions on Thursday cut the first steel plate for the second phase of the Johan Sverdrup offshore field development, kicking off Norway’s largest industrial project in three decades.The two Norwegian engineering firms have been working in a 50/50 joint venture under a NOK 3…
Swedish oil firm Lundin Petroleum expects to increase its resource estimate for the Alta discovery in Norway's Arctic region following a successful two-month production test.Finding significant oil reserves in the Norwegian Arctic has been challenging for oil firms…
Aker BP said it will become the first oil company in Norway to control operations of a permanently manned offshore platform from land from next year.Operating platforms remotely can be done with fewer staff than doing it offshore and other oil…
North Sea drilling activity this year could surpass 2017 levels while seeding a brighter 2019, as a range of indicators point to recovery after four years of rig glut and “cannibalization”.Boldest among bellwethers is oil company spending. After campaigning since 2014 for lower supplier costs…
The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain…
When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one.So instead they set up their own, Cognite, to create digital maps of Aker BP's oil industry assets…
Aker BP, a partner in Norway's giant Johan Sverdrup oilfield, expects a fast ramp-up of production when the initial development phase ends in late 2019, its chief executive said on Thursday.'I think it will be done in a few months, because the production per well is so high…
Norway has awarded 12 oil and gas exploration licences to Equinor and 10 other companies focused mostly on the Arctic, where Oslo believes it has the greatest potential for significant new discoveries.Nine of the licences are located in the…
Lundin Petroleum's Hurri exploration well in the Norwegian southern Barents Sea was dry. The well, 7219/12-3S, drilled using the Leiv Eiriksson semisubmersible drilling rig, in PL533, in the southern Barents Sea, was dry, says operator Lundin…
The highest number of licenses ever have been awarded in Norway's latest licensing round, with 75 licenses awarded to 19 operators, led by Norwegian major Statoil. The Norwegian Ministry of Petroleum and Energy says 34 oil companies…
Swedish headquartered Lundin Petroleum has started drilling on the Hurri prospect in the southern Barents Sea, offshore Norway. Exploration well 7219/12-3, in PL533, is about 2 km southwest of the Filicudi oil discovery and south of the Statoil-operated Johan Castberg development…
Norwegian operator Statoil has joined Aker BP, Lundin, and National Oilwell Varco in a DEMO2000 joint industry project (JIP) to develop a new subsea booster pump. The project aims to bring the Fuglesangs Subsea Omnirise single-phase booster to market by early 2019…
Lundin Petroleum's Hufsa exploration well in the southern Barents Sea made a non-commercial gas discovery. A side track on the well, 7219/12-2, in PL533, was dry. The main objective of the well was to prove oil in Jurassic and Triassic sandstone reservoirs…
Audrey Leon takes a look through some of the industry’s biggest ongoing projects by capex in 2017. Five of the 10 biggest projects by capex were offshore projects in 2017, led by Inpex’s Ichthys LNG project offshore Australia. Ichthys…
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