Tag Archive

Cairn Half-Yearly Results 2018

Cairn Half-Yearly Results 2018

September 11, 2018 No Comments

Oil sales revenue of US$172 million (m) at an average realised price of US$66.97/barrel (bbl) (US$67.81/bbl before hedging costs) – Simon Thomson, Chief Executive, Cairn Energy PLC said, Cairn has made strong progress across its balanced portfolio. Cash flow from the North Sea is now established and development projects in Senegal and Norway are well […]

Wintershall Tasks Europe to secure future energy supply

Wintershall Tasks Europe to secure future energy supply

August 31, 2018 No Comments

Mario Mehren, CEO of Wintershall, Commented at Norway’s largest energy conference and exhibition, Offshore Northern Seas (ONS) in Stavanger. “Europe needs to be aware of its strengths and must tackle the new political and economic challenges in concert. Only through closely collaborating with our neighbors can we guarantee supply security today and in the future,” […]

Wood awarded modifications contracts by Equinor for Norwegian refinery

Wood awarded modifications contracts by Equinor for Norwegian refinery

August 28, 2018 No Comments

Wood has secured two new strategic modifications contracts with Equinor for the Mongstad refinery near Bergen, growing its downstream capability in Norway. These contracts continue Wood’s support of the Mongstad refinery which aligns with the company’s focus on expanding its existing footprint in the onshore market in Norway. The scope of the contracts includes front-end […]

Equinor is Transforming the Norwegian continental shelf

Equinor is Transforming the Norwegian continental shelf

August 28, 2018 No Comments

Equinor is today presenting plans for transforming the Norwegian continental shelf (NCS) for continued high value creation and low emissions for the coming decades. Equinor is on track to maintain profitable production from the NCS at current level towards 2030. After 2030 the NCS will enter a more mature phase. It is therefore necessary to […]

Improved recovery rate for Johan Castberg field in the Barents Sea

Improved recovery rate for Johan Castberg field in the Barents Sea

August 24, 2018 No Comments

Digital technology developed in Norway will help improve recovery from the Johan Castberg field in the Barents Sea. Equinor has awarded Alcatel Submarine Networks a contract for permanent reservoir monitoring (PRM), which in turn has signed a letter of intent with Nexans Norway AS for delivery of subsea cable. “PRM is a central element of […]

Techstars Energy Accelerator partnership

Techstars Energy Accelerator partnership

August 23, 2018 No Comments

Equinor announced the inaugural class of global start-up companies selected to participate in the Techstars Energy Accelerator. The ten start-up companies have been selected from hundreds of applicants across 38 countries. They will seek to accelerate their development through an intensive 13-week program, tapping into a global network of experts from Equinor and Techstars as […]

Equinor and The Arctic Race of Norway

Equinor and The Arctic Race of Norway

August 15, 2018 No Comments

Arctic Race of Norway and Equinor announced that they will continue their partnership until 2021 and will strengthen Equinor’s positioning as the main partner of the event. Their core focus is to encourage cooperation and development at the local and regional level in Northern Norway, as well as to inspire generations of young talents. Showcasing […]

Aker Wins Umbilical Systems Order in China

Aker Wins Umbilical Systems Order in China

August 15, 2018 No Comments

Aker Solutions won orders valued at more than NOK 350 million to deliver power umbilical systems to China National Offshore Oil Corporation’s (CNOOC) Liuhua oil fields in the South China Sea, off Hong Kong. The work scope includes more than 35 kilometers of dynamic and static power umbilicals for the Liuhua 16-2, 20-2 and 21-2 […]

Aker Solutions Secures Work on Johan Sverdrup

August 10, 2018 No Comments

Aker Solutions has, in collaboration with Kvaerner, secured additional hook-up and commissioning work for Equinor’s Johan Sverdrup field offshore Norway. Equinor has exercised an option in the Johan Sverdrup Riser platform hook-up contract awarded in January 2017 for Aker Solutions to perform hook-up and commissioning assistance of the field’s utility and living quarter platform, as […]

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DEA celebrates an incident free offshore season

DEA celebrates an incident free offshore season

July 27, 2018 No Comments

The load out of the subsea template from Egersund in April, marked the start of an extensive offshore program for DEA and Dvalin project. This week, the Far Superior vessel wrapped up the last outstanding work, ending the Dvalin offshore 2018 season on time, budget, and without incidents. “Truly a great achievement, especially considering the […]

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