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Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions bags contract for subsea production system

Ærfugl project phase 2 : Aker Solutions has bagged a contract worth around NOK 700 million ($76.95 million) from Aker BP for the supply of the subsea production system for the Ærfugl project (formerly Snadd field development) in the Norwegian Sea. The subsea delivery for the Norwegian oil project includes wellheads, vertical subsea trees, control […]

Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets

Vår Energi wraps up $4.5bn acquisition of ExxonMobil’s Norwegian upstream assets

Vår Energi celebrated its first anniversary by wrapping up its previously announced $4.5 billion acquisition of the non-operated upstream assets of ExxonMobil in the Norwegian North Sea and the Norwegian Sea. The Norwegian oil and gas company, which is owned by Eni (69.6%) and HitecVision (30.4%), has doubled its production from the Norwegian Continental Shelf […]

Vår Energi selects Capgemini to deliver digital transformation

Vår Energi selects Capgemini to deliver digital transformation

Vår Energi, a Norwegian oil and gas company, has signed a partnership agreement with French IT company Capgemini to fast track its digital transformation. As per the agreement, Capgemini will support the digital transformation program of Vår Energi by providing digital services to enable the latter to benefit from the full digital potential. The Norwegian […]

Tor field : ConocoPhillips gets PSA nod for production drilling

Tor field : ConocoPhillips gets PSA nod for production drilling

Norway’s Petroleum Safety Authority (PSA) has granted consent to ConocoPhillips to use the West Linus jack-up rig for production drilling on the Tor field located in the Norwegian sector in the North Sea. The PSA consent allows for the drilling and completion of eight production wells as part of the new development of the Tor […]

Wintershall Dea Norge makes minor oil discovery in North Sea at PL 896

Wintershall Dea Norge makes minor oil discovery in North Sea at PL 896

Wintershall Dea Norge, has made a minor oil discovery in the northern part of the Norwegian Sea, offshore Norway, following the drilling of exploratory well 6611/1-1 in production licence 896. As per preliminary estimates, the size of the new oil discovery in the North Sea is not commercially viable as it has less than a […]

ConocoPhillips Skandinavia gets PSA consent for drilling in North Sea

ConocoPhillips Skandinavia gets PSA consent for drilling in North Sea

Norway’s Petroleum Safety Authority (PSA) has granted consent for ConocoPhillips Skandinavia to undertake exploration drilling in Block 25/7 in the Norwegian part of the North Sea. With the approval, ConocoPhillips Skandinavia can now move ahead with the drilling of Well 25/7-9 S in production licence PL 917 where it will evaluate the Hasselbaink prospect. Well […]

Atlantic Gulf & Pacific invests in LNG vessel developer Kanfer Shipping

Atlantic Gulf & Pacific invests in LNG vessel developer Kanfer Shipping

Atlantic Gulf & Pacific (AG&P), a Singapore-based downstream gas and LNG logistics company, has made an equity investment in LNG vessel developer Kanfer Shipping. Based in Norway, Kanfer Shipping develops small-scale LNG sea transportation, floating storage facilities, maritime break-bulk solutions, and also LNG bunkering. Through their partnership, Kanfer Shipping and Atlantic Gulf & Pacific expect […]

Aker Solutions to bag inspection services contract for Equinor’s Norwegian facilities

Aker Solutions to bag inspection services contract for Equinor’s Norwegian facilities

Norwegian engineering company Aker Solutions has been selected for a contract worth NOK 1.2 billion ($131.37m) from oil and gas giant Equinor for being the main supplier for inspection services for 15 plus operating facilities in Norway. The two parties are expected to sign a frame agreement shortly, which will cover an initial period of […]

Ærfugl project : Aker BP and partners to proceed with phase 2 development

Ærfugl project : Aker BP and partners to proceed with phase 2 development

Aker BP and its partners will move ahead with the second phase of the NOK 8 billion ($880 million) Ærfugl project (formerly Snadd field development) in the Norwegian Sea, three years ahead of the original start-up plan of 2023. The Ærfugl field is located in the northern part of the Norwegian Sea, just west of […]

Maersk Interceptor to drill exploratory well on PL617, offshore Norway

Maersk Interceptor to drill exploratory well on PL617, offshore Norway

Danish drilling rig operator Maersk Drilling has bagged a drilling contract worth $16.5 million for its Maersk Interceptor jackup drilling rig from MOL Norge for the drilling of an exploration well on PL617 in the Southern North Sea in Norwegian waters. MOL Norge is the operator of PL617 where it is partnered by Wintershall Dea and […]

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