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Statoil awards service contracts for two Cat J rigs

Baker Hughes and Schlumberger will be awarded contracts for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg and Gullfaks.

Chevron awards structural integrity services contract to Atkins

Chevron North Sea has awarded Atkins a three-year framework contract for structural integrity services across selected fixed and floating platforms in the UK North Sea.

Rokke’s Aker said to weigh sale of Aker Solutions

Aker ASA, the investment company controlled by Norwegian billionaire Kjell Inge Rokke, is considering a sale of offshore-engineering business Aker Solutions, according to people familiar with the matter.

Wood Mac: Better times head for the UKCS, but investment still a concern

Activity was low on the UKCS in 2016 as companies were in full survival mode during the oil price downturn and added Brexit uncertainty. However, there was a change of pace towards the end of the year, with the rise in oil price and larger deals signalling a return of confidence.

Ownership interests on Norwegian continental shelf offered in APA 2016

Today, Jan. 17, offers for 56 new production licences on the Norwegian continental shelf (NCS) will be sent to 29 companies.

Plan for development of Statoil's Utgard and Byrding fields approved by authorities

The plan for development and operation for Utgard and Byrding fields in the North Sea has been approved by the authorities.

Statoil in commercial discovery near Norne

Statoil has made an oil and gas discovery, which is believed to hold between 20 MMboe and 80 MMboe of recoverable reserves, close to Norne field.

North Atlantic Drilling secures contract award for West Phoenix

North Atlantic Drilling has been awarded a one-well contract for the West Phoenix semisubmersible for work in the United Kingdom West of Shetland.

Orbital Gas Systems awarded multiple gas measurement contracts in UK

Orbital Gas Systems has been awarded contracts for integration natural gas analysis and metering infrastructure totaling $1.75 million, by a client operating several large-scale manufacturing plants throughout Europe.

Bone-chilling winter from Berlin to Davos causes energy scramble

From the rivers criss-crossing eastern Europe to the Mediterranean ports of Greece and France, everyone is hunting for energy supplies.

Oil’s painful cost-squeeze generates output dividend for Norway

Cost cuts are painful, but for Norway’s oil industry, making every penny count has also yielded a surprising production windfall.

Eni spuds wildcat well in Norwegian Barents Sea

Faroe Petroleum has announced the commencement of the Eni-operated Boné exploration well, 7318/12-1, in the Barents Sea.

First rigs to arrive for decommissioning in Great Yarmouth

The Veolia and Peterson partnership has been awarded two platform decommissioning contracts for recycling at their facility in Great Yarmouth.

Maersk Drilling takes delivery of newbuild jackup

Maersk Drilling has taken delivery of its fourth XLE jackup rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering in South Korea.

GEODynamics acquires Paradigm GeoKey’s perforating business in Aberdeen

GEODynamics acquired Paradigm GeoKey’s Aberdeen, Scotland-based perforating business unit on Jan. 1, 2017. As a result of the transaction, GEODynamics has established a UK operating company. Chris Chalker, former managing director of Paradigm GeoKey, has joined the GEODynamics team as vice president, Eastern Hemisphere and will be based in Aberdeen to manage and grow GEODynamics’ business throughout the region.

Statoil to boost exploration drilling by around a third this year

Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).

Statoil completes acquisition of Wintershall’s Byrding interest

Statoil has completed its acquisition of Wintershall’s 25% interest in the Byrding project on the Norwegian Continental Shelf. As a result, Statoil’s operated interest in Byrding (PL090B) has increased from 45% to 70%.

Maersk Oil set to shutter Denmark's Tyra field in 2018

Maersk Oil is planning to halt production from Tyra field, Denmark’s largest gas field, during the fourth quarter of 2018.

Wärtsilä to increase operational safety and predictability for two MOL LNG Transport carriers

Wärtsilä has signed a ten-year maintenance agreement with MOL LNG Transport Europe Ltd., an affiliate of the Japanese MOL Group.

Aker BP billionaire proven wrong as oil flows from Ivar Aasen

Even billionaires make mistakes. In 2013, Kjell Inge Rokke criticized his oil company and its partners for awarding a contract for a platform deck at the Ivar Aasen field in Norway to a Singaporean company instead of one he part-owned, Kvaerner ASA.