Norway ///

M2 Subsea secures contract with Premier Oil

Global independent provider of ROV services, M2 Subsea, has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV).

Companies in the news

Michele Cowart, World Oil

Akofs Offshore has been awarded a contract for light well intervention services, using its 156-m vessel, Akofs Seafarer, for all Equinor-operated licenses, in the period 2020 to 2025.

BHGE awarded Statoil contract to provide turbomachinery equipment to Johan Castberg field

Baker Hughes, a GE company, has been awarded by Statoil Petroleum AS and Aker Solutions a contract to provide turbomachinery equipment for the topside structure for the floating production, storage and offloading vessel (FPSO) to be located at Johan Castberg field in the Barents Sea.

Lundin Norway begins drilling for extended well testing of Alta discovery

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling well 7220/11-5 on the Alta discovery in PL609 in the southern Barents Sea. Following drilling, the well will be used for extended well testing.

Energy Issues

William J. Pike, World Oil

Down the Hall

Statoil awards Kværner the contract for the Johan Castberg topsides

The contract includes the construction and installation of the topside structure for the floating production, storage and offloading vessel (FPSO) to be located on the Johan Castberg field in the Barents Sea. The contract has a total value of about NOK 3.8 billion.

Aker Solutions to deliver modules for Johan Castberg FPSO

Aker Solutions will as a subcontractor of Kvaerner deliver modules for the floating production, storage and offloading (FPSO) vessel for the Statoil-operated Johan Castberg development, the largest oil discovery in the Norwegian Barents Sea.

Hope wanes for "elephant" oil discoveries in Norway's Arctic

After a disappointing year for drillers, Norwegian authorities are reviewing their hopes for the Nordic country’s hottest exploration area.

First Oil

Kurt Abraham, World Oil

A need for leadership

PSA: Eni to resume production at Goliat

Following an overall assessment, the Petroleum Safety Authority Norway (PSA) has determined that the order which required a shutdown of Goliat has now been complied with. This means that operator Eni Norge (Eni) can bring the field back on stream.

Aker Solutions to design Johan Castberg FPSO accommodation unit

Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).

SBM Offshore awarded turnkey contract for Johan Castberg turret mooring system

SBM Offshore has announced that the Company has been awarded the contract and received the corresponding notice from Statoil to proceed with the engineering, procurement, construction (EPC) work scope for a large-scale turret mooring system for its Johan Castberg development.

Lundin announces non-commercial gas discovery on Hufsa prospect

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea. A non-commercial gas discovery was made in the main well while the sidetrack was dry.

With Arctic drilling under attack, Norway oil chiefs fight back

The man overseeing western Europe’s biggest crude spigot is fighting back against the oil doubters.

Arctic oil promise keeps Norway's disappointed wildcatters going

It’s been a bad year for oil explorers in Norway’s Arctic: a record campaign in the Barents Sea yielded little; the most exciting well in years proved to be a flop; and Norwegians grew increasingly skeptical about the industry that made them rich.

Statoil reports gas discovery at Gemini North in the Barents Sea

Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil.

Dream of $65 billion hidden off Norway is fading away

Norway’s oil industry has been salivating for years over the Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.

Low oil price hurts Norway's economic case for northern drilling

Low oil prices mean drilling for oil and gas in an offshore zone between Russia and Norway will not bring the economic benefits Oslo had predicted, according to a report commissioned by two green groups that are suing the Norwegian state over its plans.

An unlikely Arctic oil boom has a lesson in progress for Trump

With the oil industry barely recovering from its most brutal slump in decades, you might expect the Arctic Ocean to be the last place explorers would hunt for new discoveries.

Eni’s Norway troubles risk fueling fight against Arctic oil

A series of mishaps at the world’s northernmost producing oil field shows Norway’s plan to boost its flagging production by tapping the Arctic Ocean may not be so easy.