Norwegian energy company Equinor said on Friday it has chosen suppliers for inspection services on all its offshore installations on the Norwegian continental shelf (NCS) and onshore plants in Norway.The frame agreements, which Equinor said are scheduled to be signed shortly…
Norwegian offshore survey specialist Shearwater GeoServices has been awarded three 4D seismic surveys by Equinor to be conducted this summer.The Geoservices company said in a press release that the projects confirm Shearwater’s Isometrix crews will be active in 2019…
A/S Norske Shell has completed the sale of its interests in the Draugen and Gjøa offshore fields in Norway for 4.52 Billion NOK (US$526 million) to Norwegian focused OKEA AS.The deal is part of Shell's global $30 billion divestment program and will see the supermajor exits its 44…
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…
The control room for Statoil’s first platform to be remotely operated from land opened today (9 November) at Sandsli in Bergen, Norway. Source: Statoil “We have had land-based surveillance and control of offshore operations for a long time…
Norway’s Petroleum Safety Authority (PSA) has granted Statoil approval to drill at two of its fields, the Gina Grog and the Valemon, both in the North Sea. Maersk Integrator. Image from Maersk…
Centrica and Stadtwerke München have agreed to combine Centrica’s European oil and gas exploration and production business with Bayerngas Norge. The new joint venture company will be owned 69% by Centrica and 31% by Bayerngas Norge’s existing shareholders…
Statoil has made a new 20-50 MMboe gas discovery on the Norwegian North Sea Valemon field, at Valemon West. The well was drilled using the jackup rig West Elara, in 133.5m water depth, 160km north-west of Bergen. It is the seventh exploration…
Well intervention provider Altus Intervention, a subsidiary of Norway's Qinterra, has secured a long-term frame agreement with Statoil for the delivery of mechanical wireline services. The total duration of the agreement, including options…
Statoil has awarded maintenance and modification agreements worth NOK24 billion (US$2.7 billion) for the company’s installations on the Norwegian continental shelf (NCS) and for the onshore plants at Sture, Kollsnes, Kårstø and Melkøya. The…
Statoil’s Troll field is about to see a natural gas increase of about 83 Bcm this month after the installation of two giant compressors at Troll A, offshore Norway. The US$1.2 billion (NOK 10 billion) project came in at $121 million (NOK 1 billion) under budget…
Petroleum and energy minister Tord Lien opened the Valemon gas and condensate field in the North Sea on 16 April. Expected recoverable reserves from the field are 192 MMboe. Valemon ribbon cutting…
Norway’s Statoil beat profits forecasts thanks to an increase in production and better refining margins but it further reduced its planned capex as oil prices remain low. The firm, which saw net income fall to US$882 million (7.2 billion NOK) from 9…
Statoil and Wood Group Mustang Norway (WGMN) completed the hook-up of the Valemon platform in the North Sea. Valemon. From Statoil. WGMN teamed with the Korean engineering, procurement…
Statoil Petroleum recently completed a North Sea inline isolation in order to facilitate the tie-in of its Valemon platform to its Huldra-Heimdal pipeline. The tie-in will require 27km (16mi) of pipe to be laid. Statoil chose SmartPlug isolation technology…
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