Tag Archive

Johan Castberg to have considerable spinoffs in North Norway

Johan Castberg to have considerable spinoffs in North Norway

June 26, 2017 No Comments

The overall operational support to Johan Castberg will have considerable spinoffs in North Norway. Statoil has, on behalf of the licence partners, decided that the Johan Castberg operation will be supported by a supply and helicopter base in Hammerfest and an operations organisation in Harstad. Recruitment of offshore personnel from Finnmark county is also prioritised. […]

Statoil’s Njord and Bauge get Green light

Statoil’s Njord and Bauge get Green light

June 21, 2017 No Comments

The plans for development and operation (PDO) of Njord and Bauge in the Norwegian Sea have now been approved by the authorities. The Njord A platform and the Njord Bravo floating storage and offloading vessel (FSO) will be upgraded to recover the remaining resources in the Njord and Hyme fields, whereas Bauge is a new […]

TechnipFMC awarded extension on EPCI contract

TechnipFMC awarded extension on EPCI contract

June 13, 2017 No Comments

TechnipFMC (NYSE and Euronext: FTI) has been awarded an extension to its ongoing Engineering, Procurement and Construction (EPC) contract from Statoil in the Norwegian North Sea. The ongoing EPC project covers the provision of subsea equipment including template structure, manifold and two subsea trees including wellheads and modifications of control systems to the Visund Nord […]

Wood Group wins Statoil concept and feasibility study contracts

Wood Group wins Statoil concept and feasibility study contracts

June 12, 2017 No Comments

Wood Group has been awarded two new contracts by Statoil to deliver concept and feasibility studies to their Norwegian North Sea assets. Effective immediately, the company will deliver a topside concept study evaluating the tie in of Total’s Garantiana field development to Statoil’s Gullfaks B and Visund facilities. In addition, Wood Group will provide a […]

Norway contributes to global energy security

Norway contributes to global energy security

May 30, 2017 No Comments

Norway manages its significant hydrocarbon resources and revenues in a sustainable way, and remains a reliable supplier of oil and gas, but Norway’s government should prepare for a future with lower oil and gas revenues. The recommendations were made in the International Energy Agency’s latest assessment of Norway’s energy policies. “As one of the world’s […]

Frogtech Geoscience releases new North Atlantic and North Sea SEEBASE®

Frogtech Geoscience releases new North Atlantic and North Sea SEEBASE®

May 26, 2017 No Comments

Australian geoscience company Frogtech Geoscience released the North Atlantic Regional SEEBASE® Study and GIS, a new comprehensive regional study of basement architecture in the North Sea and the North Atlantic conjugate margins of Norway, Greenland, UK and Ireland. The unique SEEBASE model visualises basement topography at the geologically complex BalticaAvalonia-Laurentia collisional triple junction. The basement […]

Faroe receives consent to drill two exploration wells in the North Sea.

Faroe receives consent to drill two exploration wells in the North Sea.

May 17, 2017 No Comments

Faroe Petroleum Norge AS (Faroe) is the operator for production licence 740. The licence covers blocks 31/7 and 30/9, east of the Oseberg field in the North Sea. Faroe has made a discovery named Brasse in well 31/7-1, and now wishes to drill two appraisal wells designated 31/7-2 and 31/7-3. Sidetracks may be drilled from […]

Songa Offshore April fleet update

Songa Offshore April fleet update

May 10, 2017 No Comments

Songa Equinox achieved an operating efficiency of 88% and an earnings efficiency of 87% for the month, working for Statoil in Norway. The rig performed four days of planned maintenance during the month. Songa Endurance achieved an operating efficiency of 100% and an earnings efficiency of 99% for the month, working for Statoil in Norway. […]

Aker Solutions Release First-Quarter 2017 Results

Aker Solutions Release First-Quarter 2017 Results

May 9, 2017 No Comments

Aker Solutions continued to deliver strong execution on major projects globally in the first quarter of 2017 and made good progress on improvement efforts that supported margins amid a sustained market slowdown. The company has completed more than two-thirds of a program to increase cost-efficiency across the business by at least 30 percent by the […]

Zion Oil & Gas Appoints New Board Directors

Zion Oil & Gas Appoints New Board Directors

April 27, 2017 No Comments

Zion Oil & Gas, Inc. (NASDAQ: ZN) announced the appointment of two new directors to its Board of Directors, effective May 1, 2017. Dr. Lee R. Russell has been an independent Geoscience Consultant with the Company since August of 2012. He has over 41 years of industry experience in research and exploration positions with Shell […]

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