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NEWS |
Norway's Oil Production To Fall To 30-Year Low
Despite cost controls, increased efficiency, and higher activity offshore Norway, oil production at Western Europe’s largest oil producer fell in 2018 compared to 2017 and is further expected to drop (...)
NEWS |
Digital operations support centres help boost production
In just a few months the support centres established to help create higher value, improve safety and reduce emissions from Equinor’s installations on the Norwegian continental shelf (NCS) have led to (...)
NEWS |
Taking the next step for diversity and inclusion in the energy industry in 2019
Sometimes, all that’s required for the bigger picture to become apparent is a simple catalyst. Just such a pivotal moment appears to have taken place at the inaugural AFBE-UK Scotland Awards.
NEWS |
Norway’s Massive Pension Fund Loses $3 Billion+ on its Apple Investment
The giant Norwegian “Oil Fund,” or Government Pension Fund Global, has over $1 trillion in assets and one of its largest single investments is in tech-behemoth Apple.
NEWS |
Equinor completes sales of two non-core NCS assets
Equinor has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) that were both announced in October 2018.
NEWS |
On Equinor’s wishing list is a new oil field near border to Russia
The Norwegian Petroleum Directorate has granted the necessary drill permits for two wells located on 71 degrees North, about 170 km north of the Norwegian mainland.
NEWS |
Aasta Hansteen on stream
On 16 December Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea.
NEWS |
Deals this week: Faroe Petroleum, Mubadala, Qatar Petroleum
Faroe Petroleum has signed an agreement with Equinor for the exchange of their oil and gas assets in the Norwegian Sea and the North Sea in the Norwegian Continental Shelf (NCS).
NEWS |
Aberdeen oil firm in skirmish with hostile bidder
NORTH Sea-focused Faroe Petroleum’s board hammered home its view that DNO was trying to buy the firm on the cheap as the Norwegian company stepped up its attempt to acquire the business though a £608m (...)
NEWS |
Business UK continental shelf still worth oil investment despite Brexit - Equinor
Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters.
NEWS |
Norway approves PDO for Equinor’s Troll phase 3 project
The Norwegian Ministry of Petroleum and Energy has approved Equinor and its partners’ plan for development and operation (PDO) of the NOK7.8bn ($920m) Troll Phase 3 development in the North Sea.
NEWS |
Equinor strengthens its position in the Norwegian Sea
Equinor and Faroe Petroleum have agreed a number of transactions in the Norwegian Sea and the North Sea region of the Norwegian Continental Shelf (NCS).
NEWS |
Norske Shell divests $526m of stakes in Norwegian offshore fields
Norske Shell, a subsidiary of Royal Dutch Shell, has divested its interests in the Draugen and Gjøa offshore fields on the Norwegian continental shelf (NCS) to oil and gas firm OKEA for Nkr4.52bn ($52 (...)
NEWS |
Wired drill pipe contracts awarded
Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digitalisation strategy and to prepare for automated dril (...)
NEWS |
Shell Finalizes Sale of Draugen and Gjøa Interests to OKEA
Royal Dutch Shell ( RDS.A ) said pre-market Friday that it has completed the sale of its interests in the Draugen and Gjøa fields in the Norwegian North Sea to OKEA AS for for NOK4.52 Billion or appr (...)
NEWS |
Transocean to drill North Sea Songesand prospect for Wellesley
Wellesley Petroleum has approval from the Petroleum Safety Authority to drill two exploration wells in the Norwegian North Sea.
NEWS |
Silverwell Interview – Graham Makin, Vice President of Sales, Marketing and Investor Relations.
Silverwell is a technology company with an innovative new product in the artificial lift space. Their new system, DIAL – digital intelligent artificial lift has been launched in to the market and the (...)
NEWS |
Maersk Drilling gets four-month extension for Maersk Intrepid
Equinor has exercised two options of two months each for jack-up rig Maersk Intrepid. As a result, the rig is now contracted to Equinor until the end of February 2020.
NEWS |
Johan Castberg construction begins at Stord
Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will today start cutting the first sheet for the topside of the Johan Castberg vessel at Kværner's yard at Stord.
NEWS |
Norway’s Hansteen natural gas field to spur new northern developments
Norway’s new energy minister Kjell-Borge Freiberg hopes the imminent startup of the major Aasta Hansteen natural gas field in the northern Norwegian Sea will spur further developments in the region
NEWS |
Aibel Wins Gudrun Contract
Norwegian services company Aibel said it has been awarded a front end engineering design (FEED) contract for Gudrun Phase 2 Water Injection in the North Sea.
NEWS |
Finalists announced for 2018 AFBE-UK Scotland Awards
The 2018 AFBE-UK Scotland Awards take place in Aberdeen at the Double Tree by Hilton Treetops Hotel on Wednesday, November 21 (2018). Oil & Gas UK chief executive Deirdre Michie is the guest speaker, (...)
NEWS |
Shutting down the Sture terminal
In connection with the collision between the frigate Helge Ingstad and the tanker TS Sola at the Sture terminal in Øygarden Equinor will gradually shut down operations at Sture.
NEWS |
Maersk Invincible Plugs Valhall Wells
Jack-up drilling rig Maersk Invincible has completed a plug and abandonment (P&A) program of wells at the Valhall field center in the Norwegian sector of the North Sea ahead of schedule, operator Aker (...)
NEWS |
Aker BP granted drilling permit for well 24/9-13 in production licence 869
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wildcat well 24/9-13, cf. Section 15 of the Resource Management Regulations.
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