Wood Group and Heerema Fabrication Group (HFG) have signed a memorandum of understanding (MoU). The companies will join efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS).
Norway expects Royal Dutch Shell Plc to go forward with a shelved project to boost recovery of natural gas at the Ormen Lange field, and warned it will start pushing the company for progress from next year.
Aker BP, one of Europe’s largest independent oil companies, has awarded a new frame agreement to DNV GL, covering a wide range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf.
Centrica has submitted the Plan for Development and Operation (PDO) for Oda field to Norway’s Ministry of Petroleum and Energy. Centrica and its partners will invest about NOK 5.4 billion in the development of Oda field, which is scheduled to start production in 2019.
Aibel has been awarded a FEED study for the installation of a new gas module on Statoil’s Troll C platform. The contract also has an option for the implementation phase.
Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore investment.
AGR has successfully secured a two year extension to a frame agreement to provide personnel services to Engie E&P Norge.
As one oil major after the other considers leaving Norway, the alarm bells are sounding at the country’s Petroleum and Energy Ministry.
The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is in for even more pain, according to the head of the Norwegian Shipowners’ Association.
As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for billion of dollars in costs to close down dried up oilfields if they aren’t careful to whom they sell.
Aker BP has awarded ALTUS Intervention a frame agreement contract for well intervention services consisting of casedhole wireline, slickline and tractor services on three production wells and one exploration well on Alvheim field.
The FMC Technologies and Technip alliance has received an integrated engineering, procurement, construction and installation (EPCI) contract for Statoil’s Trestakk field.
The UK’s Automated Ships Ltd. and Norway’s Kongsberg Maritime have signed a Memorandum of Understanding to build the world’s first unmanned and fully-automated vessel for offshore operations.
Statoil has decided to temporarily suspend the Songa Enabler semisubmersible, which was originally destined for the Johan Castberg license.
Statoil has submitted a Plan for Development and Operation for the Trestakk discovery on the Halten Bank to Norway’s Minister for Petroleum and Energy Tord Lien. Capital expenditures are estimated at approximately 5.5 billion NOK ($670 million).
Statoil has agreed to acquire Wintershall Norge’s 25% interest in the Byrding project on the Norwegian Continental Shelf.
Statoil, the first of the major oil producers to report third-quarter earnings, posted an unexpected loss for a second quarter in a row as maintenance and exploration expenses compounded the impact of lower crude and gas prices.
The Norwegian Petroleum Directorate (NPD) and Russia’s Federal Subsoil Resources Management Agency (Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea.
Honeywell Process Solutions (HPS) is to provide advanced automation and safety solutions to enable remote onshore operation for an unmanned offshore platform in the North Sea, reducing overall production costs and improving safety.