Norway $1 trillion fund’s plan to dump big oil meets resistance
Norway’s $1 trillion sovereign wealth fund is meeting resistance on its plan to dump more than $40 billion in oil and gas stocks.
Norway
How the oil crisis gave Norway’s giant field a $10 billion boost
Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff. That turned out to be perfect timing.
Equinor in move to create artificial intelligence ‘powerhouse’
Equinor has joined forces with other leading firms in Norway to establish a “national powerhouse” for artificial intelligence.
Norway strike ends after agreement reached
Norwegian drilling workers have ended their strike action after a deal was reached with employers.
Trio of wells for Equinor
Equinor has been granted drilling permits for three wells in the Norwegian North Sea.
Norway strikes escalate after no talks on pay and pensions
A Norwegian oil and gas union is stepping up a six-day strike today after employers did not respond to demands, according to Reuters.
VIDEO: Sail-away for Martin Linge
Equinor has released a video of the huge topsides for the Martin Linge field heading for the North Sea.
Predictive technology to keep costs down at Skarv FPSO
Lloyds Register (LR) has started work on a test project to help deliver major cost reductions on AkerBP’s Skarv floating production, storage and offloading vessel (FPSO).
Equinor, Spirit and Aker BP among winners in Norway offshore licensing round
Equinor has been announced as the biggest winner in Norway’s 24th offshore licensing round.
Johan Castberg gets government approval
The development plan for Equinor’s huge Johan Castberg field has been granted approval by Norway’s Ministry of Petroleum and Energy.
Shell granted drilling permit for Tyttebær prospect
Shell has been granted consent to drill an exploration well in the Norwegian section of the North Sea.
VIDEO: Dvalin installation begins with 265-tonne heavy lift
The offshore installation campaign for the Dvalin gas field in the Norwegian Sea has got underway.
Prosafe submits counter-appeal in £31million Westcon legal dispute
Cyprus-headquartered Prosafe has submitted a counter-appeal in a £31million legal spat with Westcon.
Subsea 7 wins ‘substantial’ five-year contract with Statoil
Subsea 7 has won an inspection maintenance and repair contract with Statoil for 560 subsea wells in Norway.
ABB wins £18million contract for Johan Castberg
Technology giant ABB has received an £18million contract to provide automation and safety systems for Statoil’s Johan Castberg development.
Installation begins for Norway’s longest oil pipeline
Installation work has started for Norway’s largest pipeline to the Johan Sverdrup field.
PHOTOS: First of Johan Sverdrup topsides installed, Aasta Hansteen platform arrives
Energy giant Statoil has released images of work being carried out on three major projects set for the Norwegian Sea.
BHGE wins Statoil contract for Johan Castberg equipment
Baker Hughes, a GE Company (BHGE), has won a contract with Statoil to provide turbomachinery equipment for the Johan Castberg development.
Westcon appeals £31million legal decision in Prosafe dispute
Westcon has appealed a court decision forcing it to pay over £31million to Prosafe amid a legal spat over a tender support vessel.
Faroe announces Fenja approval and update on Fogelberg appraisal well
Faroe Petroleum has announced that Norwegian authorities have approved the development plan for the Fenja field.
Statoil hands out contracts worth over £1billion for Johan Sverdrup phase 2
Statoil has signed letters of intent with Aibel as well as an Aker Solutions-Kvaerner joint venture for work on phase two of its massive Johan Sverdrup development.
DNO takes 15% stake in Faroe in £70million deal
Norwegian oil and gas operator DNO has purchased a 15% stake in Aberdeen-based Faroe Petroleum.
Faroe announces significant gas discoveries in Norwegian Sea
Aberdeen-based Faroe Petroleum has announced “significant” gas discoveries in the Norwegian Sea.
Statoil hands out range of drilling contracts worth NOK 12billion
Statoil has awarded a range of drilling contracts worth NOK 12 billion (£1billion) for 18 platforms on the Norwegian continental shelf.
VIDEO: Massive Martin Linge topside modules arrive in Norway