Norway/NCS ///
Wood has secured a new $42m contract from international energy company Equinor, on behalf of operator Gassco, to provide engineering, procurement, construction and installation services at the Kollsnes gas processing plant in Norway.
In four gas wells that were drilled at Martin Linge before Equinor took ownership in 2018, well barrier deficiencies that are considered to make them inappropriate for safe production have been identified.
The Johan Sverdrup is one of Norway’s largest oilfields and will, at peak production, supply 25% of the Norwegian oil supply. Production started in October 2019 where Clariant was awarded the production chemical supply contract in 2017 and has been part of the project phase supporting Equinor in the development of this giant new oil field.
Patrick Belenfant, Hélène Butat, Paul-Gaspard de Bovis, Bourbon Subsea Services
To help achieve carbon reduction goals, substantial growth is expected in the floating offshore wind sector. To efficiently harness the renewable resource, a European contractor is taking a leading role by installing powerful floating wind turbines in challenging environments.
While Norway isn’t officially participating in production cuts orchestrated by the Organization of Petroleum Exporting Countries and allied nations, it nonetheless pledged to curb output.
Anders Opedal, 52, will take over in November with a mandate to accelerate Equinor’s transformation into a broader energy company as pressure grows on the industry to act on climate change.
Neptune Energy and its partners today announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway so far this year.
Ampelmann has secured a contract with Olympic Shipping to support topside commissioning work on Ithaca Energy’s FPF-1 offshore semi-submersible in the North Sea.
Equinor ASA reported a surprise profit in the second quarter, helped by trading gains in chaotic markets and a tax change designed to help the Norwegian oil industry through the Covid-19 crisis.
Neptune Energy announced the safe and successful installation of subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian sector of the North Sea.
"There is still a basis for high, long-term value creation on the Norwegian shelf. The political decisions have helped stabilize an extraordinary and demanding situation. The temporary change will contribute to a continued high activity level, on par with what we forecasted before the pandemic and the drop in the oil price," Director General Ingrid Sølvberg says.
“At a time when renewables have developed from niche technologies to global industries, Aker’s ambitions exceed the announced spin-offs in Aker Solutions,” Aker Chief Executive Officer Oyvind Eriksen said in a statement. “We take an active role to position ourselves in a broader and rapidly growing renewable energy industry.”
North Sea nations and oil companies face costs of more than $100 billion to shut down old wells in the depleted region. Researchers in Norway believe they can cut that figure dramatically.
ICONIC has successfully installed its first iTP (Instrumented Tubular Plug) in the Norwegian North Sea. Designed to provide real-time pressure and temperature data anywhere in the well, the iTP has been qualified for use on HPHT wells.
Stauper Offshore AS was awarded a contract by TechnipFMC for the upgrade of the Compact Flotation Units (CFU) at Equinor´s Martin Linge platform in the North Sea.
Neptune Energy and its partners announced the discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea.
Neptune Energy announced the award of a subsea inspection contract to leading geo-data specialist, Fugro, which will employ state-of-the-art remote monitoring technology to survey subsea structures at the Cygnus gas field in the UK’s southern North Sea.
Ampelmann has secured five new contracts in offshore wind over the course of a month with Norwegian companies BOA, Volstad, Olympic Shipping, Siem Offshore and DOF.
As OPEC and its allies make their deepest cuts yet to crude production, Norway’s giant Johan Sverdrup oil field is exporting more than ever before.
Neptune Energy has completed the safe removal of the L10-C, L10-D and L10-G platforms from the Dutch sector of the North Sea. The platforms have been providing offshore natural gas to the Netherlands for around 40 years and ceased production in 2016.