Aker Solutions’ boss Luis Araujo is “cautiously optimistic” about project sanctions in the second half of 2020 thanks to government intervention and more stable oil and gas prices.
Neptune Energy and its partners today announced the discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea.
Construction of the longest subsea power cable in the world has now passed the halfway point and achieved a major engineering feat to enable Norway’s zero carbon hydro energy to be shared with the UK.
Equinor has awarded £150 million worth of work to TechnipFMC for three projects offshore Norway.
Coronavirus quarantine rules are "causing chaos" for hundreds of oil and gas workers across the UK, an Aberdeen union boss has said.
Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has revealed how far it has left to go.
Oil majors Equinor, Shell and Total have committed to investing in a carbon capture and storage (CCS) project in Norway.
Asco's work to establish a new logistics terminal in the northernmost town in the world is “well under way”.
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 has said it will soon decide whether to cut its oil production to help support plummeting prices.
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 has made an oil discovery at the Bergknapp prospect in the Norwegian Sea, close to the Maria field.
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?
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 has warned contractors in Norway of potential job losses amid fears work will slow down due to the coronavirus spread.
Maersk Drilling has secured a £19.6 million contract extension from Aker BP for the ultra-harsh environment, jack-up rig Maersk Integrator.
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.
There were six exploration wells active offshore Norway as of December 30. One well was completed, and three were spudded in December.
Aker Solutions and Subsea 7 will deliver the second phase of the Aerfugl project off Norway for Aker BP.
The giant Johan Sverdrup oil field is coming to the rescue of Norway’s oil industry -- again.
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.
Equinor has handed Aker Solutions a £100 million deal to provide inspection services on more than 15 of its installations off Norway.
Maersk Drilling has secured a contract extension offshore Norway for the ultra-harsh environment jack-up rig Maersk Integrator from Aker BP.
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.
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.