Norway/NCS ///

Wood awarded EPCI contract by Equinor in Norway

Wood has secured a new $13 million contract with Equinor to deliver engineering, procurement, construction, and installation (EPCI) services to the Vigdis boosting station increased oil recovery (IOR) project.

Transocean has announced drilling automation of six floaters

Transocean Ltd. has announced that it has entered into an agreement with its customer, Equinor, to license and install Automated Drilling Control (ADC) systems on four high-specification, harsh environment rigs currently on contract in Norway and a fifth semi-submersible that is expected to commence operations in the Norwegian sea this summer.

World of oil and gas

Emily Querubin, World Oil

The Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project reportedly started production.

Equinor has dry well in the southeastern Barents Sea

Wildcat well 7132/2-1 was drilled about 109 mi (175 km) north of Vardø, in the southeastern part of the Barents Sea.

CGG, TGS to conduct Greater Castburg survey

CGG and TGS announce the Greater Castberg TopSeis survey in the Barents Sea. The survey is 5,000 km2, and will be acquired and processed with the latest developments of CGG’s TopSeis acquisition and imaging technology.

Tata Steel makes key appointment to support business growth

Tata Steel has announced a key appointment as the company looks to maximize on an upturn in its oil and gas activity.

Shell has extended PD&MS's EPC modifications contract

PD&MS has won a two-year contract extension with Shell UK, extending an existing partnership through to April 2021, and securing in the region of 50 full time jobs.

Equinor increases 2018 earnings, eyes offshore U.S.

"In 2018 we sanctioned seven new projects, which will deliver more than 1 Bbbl of resources to Equinor at an average break-even price of $14 and very low CO2 emissions."

WellConnection Group signs deal on first UK acquisition

WellConnection Group, a leading Norwegian inspection, maintenance and repair (IMR) company has acquired Peterhead-based Independent Oilfield Services (IOS) in a deal which marks their entrance into the UK market.

Aker BP has made a discovery at Froskelår

Aker BP is currently drilling exploration well 24/9-14 on the Froskelår Main prospect.

The curious case of Norway's 60 MMbbl of missing oil

Norway has built a reputation as one of the calmest and most predictable corners of the global oil industry, but lately it’s been full of surprises.

Halliburton installs 300th FlexRite System in North Sea

In 2012, an operator required a solution for achieving new levels of zonal control in its multilateral wells.

Shell has reported strong performance in fourth-quarter 2018 results

Shell's CFO Jessica Uhl has delivered a video presentation outlining the company's fourth-quarter 2018 results.

Rowan signs contract with Lundin Norway

Rowan Companies plc has announced that the Rowan Viking, an N-Class ultra-harsh environment jack-up rig, has been awarded a seven-well program by Lundin Norway AS in Norway for a minimum duration of 265 days.

NPD grants drilling permit for wildcat northeast of Edvard Grieg

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-31 S, cf. Section 15 of the Resource Management Regulations.

Lundin Norway acquires further interests in Rolvsnes, Goddo on the Utsira High

Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly-owned subsidiary Lundin Norway AS (Lundin Norway) has entered into an agreement with Lime Petroleum AS (Lime Petroleum) a subsidiary of Rex International Holding Limited, to acquire its entire Utsira High acreage position covering the Rolvsnes and Goddo basement area.

Norwegian oil hits barricades as ally Labor hints at break

For establishment politicians in Norway, discussing changes to the country’s oil policies is akin to swearing in church.

NPD publishes its December 2018 production figures

Preliminary production figures for December 2018 show an average daily production of 1.8 MMbbl of oil, NGL and condensate, which is a decrease by 26 Mbpd compared to November.

Aker BP operates Ivar Aasen from Trondheim, onshore

LYSAKER, Norge -- Aker BP has become the first company on the Norwegian Continental Shelf to operate a staffed platform from an onshore control room. Ivar Aasen in the North Sea is now operated from Aker BP’s offices at Trondheim torg.

Faroe, Shell and Spirit partner in Edinburgh

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce its partnership with subsidiaries of Royal Dutch Shell plc and Spirit Energy Limited following the award of PL 969 in the recent APA licensing round with the intention to advance the large, cross-border Edinburgh prospect towards a drill decision during 2019.