Var Energi quarterly profits drop as oil and gas prices cool
Var Energi’s (OSLO: VAR) profits dipped in the second quarter of the year as the company felt the impact of lower commodity prices.
Norway
Odfjell Drilling signs two rig contracts, strategic pact with Equinor
Norwegian drilling contractor Odfjell Drilling has struck two rig contracts with the country’s state-owned oil giant.
Aker BP hits new production record during ‘very strong’ quarter
Bosses at Aker BP (OSLO: AKER BP) are toasting a “very strong” second quarter in which the company produced more oil and gas, at a lower cost.
European gas falls to lowest in a month as Troll set to resume
European natural gas prices fell to the lowest level in a month as the giant Norwegian Troll field is set to resume and demand remains subdued.
‘Serious breaches’ found after worker suffers 23m fall at Equinor’s Mongstad refinery
Norwegian safety regulators have ordered Equinor and Beerenberg Services to improve after a worker suffered “serious injuries” from a severe fall at the Mongstad refinery in January.
Eni deal a ‘clean exit’ for Neptune board amid low valuations for oil stocks
A top oil and gas analyst has given reasoning for Neptune Energy’s decision not to go down the public listing route.
DNO logs Norway’s ‘largest hydrocarbon discovery’ for a decade
DNO has announced a “significant” discovery at the Carmen well, a find believed to be the largest in Norwegian waters for over a decade.
Longboat buys first producing assets via stake in Statfjord
Longboat Energy is to acquire minority stakes in two units of Norway’s Statfjord oil field, in a deal that will offer the company its first producing assets.
Norway approves 19 new oil and gas projects worth around £14.62 bn
Norway has approved 19 new oil and gas projects in its waters, with total investment topping NOK 200 billion (£14.62 bn), according to the Ministry of Petroleum and Energy.
Probe launched after fire on North Sea gas platform
An investigation is underway after a fire broke out on board an Equinor-operated North Sea gas platform last week.
Watch: Jotun FPSO refloated in Norwegian yard ahead of sailaway
Var Energi (OSLO: VAR) is toasting a “major milestone” after the mammoth Jotun FPSO was refloated at a yard in Norway.
Island Innovator rig en route to UK to begin work imminently for Dana Petroleum
A huge semi-submersible drilling rig is bucking the current industry trend and setting course for the UK North Sea.
WATCH: Aker Solutions rolls out 1,000-tonne Troll electrification module
Aker Solutions has shared footage of its operation to move one of the mammoth offshore power modules bound for Equinor’s Troll field.
Kistos closes Mime acquisition
Kistos has completed its acquisition of Mime Petroleum, in a move signalling its entrance into the Norwegian market and a bump in resources.
Equinor taps TechnipFMC for well intervention work
TechnipFMC has secured a contract with Equinor to provide well intervention services across Norwegian waters.
Norway facing rig supply deficit as units continue exit from North Sea
Norway is facing up to the challenges of working with a “significantly” smaller drilling fleet as rigs continue their flight from the North Sea.
Second oilfield hooks into Equinor’s Hywind Tampen floating wind farm
Green energy is now flowing from the Hywind Tampen floating offshore wind farm to a second oil and gas field.
Neptune Energy dishes out $100m North Sea drilling contract
North Sea operator Neptune Energy has dished out a contract worth more than $100 million for drilling services offshore Norway.
Equinor cuts ribbon on 250 million barrel Njord field revamp
Njord’s platform and the floating storage and offloading vessel (FSO) both underwent extensive upgrades that will more than double production at the field.
Equinor books Odfjell Drilling rigs for additional work
Norwegian energy giant Equinor (OSLO: EQNR) has tied down two Odfjell Drilling rigs for further well campaigns.
Arctic Oil drilling plans revived in Norway as priorities change
Norway’s biggest oil and gas companies are reviving exploration plans in Arctic waters, as the government agitates for fresh discoveries in the Barents Sea to secure the country’s future as a key energy supplier to Europe.
Norway well slot: Wellesley gets busy at Carmen
As of 21 April, Westwood Global Energy reports that there is one appraisal and two exploration wells active in Norwegian waters.
Neptune confirms production start up at Fenja
Neptune Energy has announced the start-up of production from its Fenja oil and gas field in the Norwegian Sea.
Worker dealt ‘facial injuries’ after 34kg component strikes on North Sea platform
Gas released led to a general alarm and shutdown of the Statfjord B, whose field is on the Norway-UK border
Norway wants oil companies exploring in Barents Sea to leave ‘no stone unturned’
Oil and gas companies, such as Equinor (OSLO: EQNR) and Var Energi (OSLO: VAR), should “leave no stone unturned” in expanding their resources in the Barents Sea region as Norway looks to future-proof its position as key energy supplier to Europe.