Asco’s work on new logistics terminal in Norway ‘well under way’
Asco's work to establish a new logistics terminal in the northernmost town in the world is “well under way”.
Norway
Norway will cut production by 250,000 barrels per day to lift prices
Norway, western Europe’s biggest oil producer, joined international efforts to curb supply for the first time in almost two decades after prices fell to new depths.
Norway decision on production cuts looms
Norway has said it will soon decide whether to cut its oil production to help support plummeting prices.
Saudi wealth fund builds $200m stake in Equinor
Saudi Arabia’s sovereign wealth fund built a stake worth about $200 million in Equinor ASA, as the oil-producing nation takes advantage of a market rout.
Wintershall Dea makes discovery in Norwegian Sea
Wintershall Dea has made an oil discovery at the Bergknapp prospect in the Norwegian Sea, close to the Maria field.
The current challenges for the UK and Norway in the face of Covid-19
The world has been transformed in the past month since the COVID-19 pandemic took hold. The dramatic impact of COVID-19 on global oil demand and has been compounded by Saudi Arabia and Russia failing to agree production cuts to stabilise oil prices. With Brent trading well below US$30/bbl the resilience of the sector is once again being pushed to its limit. What does this mean for the UK and Norway upstream sectors?
Alexander Kielland: Norway still fighting for answers 40 years after its worst industrial disaster
A group representing families and survivors of Norway's worst industrial disaster has spoken of its “demand for a completely new inquiry” exactly 40 years later.
Aker Solutions warns temp workers in Norway of potential job losses
Aker Solutions has warned contractors in Norway of potential job losses amid fears work will slow down due to the coronavirus spread.
Maersk Drilling wins £20m contract extension with Aker BP
Maersk Drilling has secured a £19.6 million contract extension from Aker BP for the ultra-harsh environment, jack-up rig Maersk Integrator.
Equinor picks Aker Solutions for power-from-shore project
Equinor has picked Aker Solutions to carry out a front-end engineering and design study for topside modifications to accommodate power from shore at the Troll B and C platforms.
Equinor starts drilling carbon and storage well off Norway
There were six exploration wells active offshore Norway as of December 30. One well was completed, and three were spudded in December.
Aker Solutions, Subsea 7 get nod for Norwegian project
Aker Solutions and Subsea 7 will deliver the second phase of the Aerfugl project off Norway for Aker BP.
The lonely oil giant that’s saving Norway’s crude production
The giant Johan Sverdrup oil field is coming to the rescue of Norway’s oil industry -- again.
Billionaire Fredriksen quits as chairman of struggling Seadrill
Billionaire John Fredriksen stepped down as chairman of Seadrill Ltd., the offshore-rig company he founded more than a decade ago and which is struggling with high debt amid a slow market recovery.
Aker Solutions picked for £100m Equinor gig
Equinor has handed Aker Solutions a £100 million deal to provide inspection services on more than 15 of its installations off Norway.
Maersk Drilling gets £8.5m extension with AkerBP
Maersk Drilling has secured a contract extension offshore Norway for the ultra-harsh environment jack-up rig Maersk Integrator from Aker BP.
Equinor finds up to 100m barrels off Norway
Equinor has discovered 38-100 million barrels of oil equivalent (boe) with its Echino South exploration well in the Norwegian part of the northern North Sea.
‘Stabbed in the back’ – Norwegian workers lash out against oil shame
Ole Lie, a drilling supervisor who’s worked for Norway’s oil giant Equinor since the 1990s, is feeling unloved as many are starting to turn their backs on an industry that’s made the Nordic country one of the richest on Earth.
Norwegian companies seek waiver for UK workers as Brexit looms
The Confederation of Norwegian Enterprise is seeking special dispensation for British citizens working in the Nordic country, saying the oil and gas industry risks being hit hard if the UK exits the European Union without an agreement, Dagens Naeringsliv reported.
Wintershall Dea to divest stakes in Norwegian infrastructure
Wintershall Dea will sell its 5% interest in the Nyhamna terminal to CapeOmega and its 13.3% interest in the Polarled pipeline to Solveig Gas Norway.
Maersk Drilling bags contract extensions worth £48m for low-emissions rig
Maersk Drilling low-emission drilling rig secured extra work worth up to £48 million with Norwegian energy giant Equinor.
Equinor strikes gas in Norwegian Sea
Equinor has struck gas with its Orn exploration well near the Marulk field in the Norwegian Sea.
North Sea poised for boost from Johan Sverdrup
The rise of a huge new Norwegian oil field is poised to give North Sea output one of its biggest boosts in years. The surge won’t last.
Disappointment for Cairn Energy as Norwegian well comes up dry
Scottish operator Cairn Energy has been met with disappointment in Norway as an exploration well has come up dry.
Equinor makes new oil discovery at Oseberg
Equinor has made a "profitable oil discovery" at its Oseberg area in the Norwegian North Sea.