Statoil hit with improvement notice for Johan Sverdrup export pipelines
Statoil has been hit with a number of improvement points after an audit was carried out on the Johan Sverdrup export pipelines.
Europe
Strike action avoided in Norway at final hour
Strike action has been avoided in Norway hours before a deadline ended over a pay dispute.
Strike looms in Norway as hundreds of workers push back over pay
Hundreds of oil and gas workers in Norway could go on strike unless a wage deal is agreed by the middle of next week, according to reports.
Value of Norway’s oil and gas stakes down 34%
The Norwegian state's direct financial interest (SDFi) in oil and gas licences on the Norwegian Continental Shelf (NCS) has decreased by more than a third in the past two years as low oil prices have taken a toll.
Norwegian oil fund draws up plans to protect assets from extreme political events
The Norwegian oil fund has drawn up plans to protect its assets from extreme political events such as military invasion or coup.
DEA Norway to cut its headcount by half
DEA is to reduce its headcount in Norway, the company have confirmed.
Ivar Aasen platform almost at its Norwegian home
The platform deck for the Ivar Aasen project is making its journey home to Norway after the sailaway from the yard area in Singapore.
Norwegian Government rejects calls for review of petroleum tax
The Norwegian Government has rejected calls for a review of the petroleum tax.
MEP launches bid to boost North Sea industry with law change
A Scottish Conservative MEP has launched an audacious bid to change EU law in a bid to boost the North Sea oil and gas sector by £1.5billion.
Battered by crude collapse, Norway now faces risk of oil strikes
Norway’s oil companies and the industry’s biggest union had set off two days to negotiate over wages for offshore workers. Instead, the talks broke down after less than a minute.
NOV makes 520 job losses in Norway
National Oilwell Varco (NOV) has made a further 520 redundancies in Norway.
Sequa Petroleum pulls out of Gina Krog, Ivar Aasen deals
Sequa Petroleum has called off planned acquisitions in the Gina Krog and Ivar Aasen fields.
Preziosos Linjebygg to reduce headcount by 70 jobs
Norwegian company Preziosos Linjebygg said it will reduce its headcount by 70 positions.
DEA Norway warned “clock is ticking” for Zidane project
The Norwegian Ministry of Petroleum has warned Dea Norway and associates to put forward a plan for the Zidane project soon.
Oceaneering to make 150 job losses in Norway
Oceaneering is set to make 150 job losses from its operations in Norway.
FMC to make 700 job losses in Norway
FMC Kongsberg Subsea is set to make 700 job reductions in Norway.
Statoil on the lookout for new rig on Aasta Hansteen
Norwegian operator Statoil is said to be in the market to find a rig to drill seven wells on Aasta Hansteen.
Trio of contractors win Statoil work worth $600m
Norwegian operator Statoil has extended contracts worth $600million to a number of companies including KCA Deutag, Archer and Odfjell.
Norway unemployment jumps to decade high amid oil plunge
Norway’s unemployment rate jumped to the highest in more than a decade as a slump inoil prices weighs on an expansion in western Europe’s biggest crude producer.
Crude at $40 isn’t the only problem facing Norway’s oil industry
The collapse of crude prices isn’t the only problem facing energy companies in Norway: Explorers in western Europe’s biggest oil-producing nation also have had their leanest drilling spell in almost a decade.
KCA Deutag looks to recruit 300 staff in Norway
KCA Deutag said it has begun a recruitment process for operational staff in Norway.
First shipment of US shale arrives in Norway for INEOS
Shipments of shale gas have arrived in Norway for the first time since an export ban was lifted in the US.
Maersk Drilling to make up to 70 redundancies in Norway
Maersk Drilling is set to make up to 70 redundancies in Norway.
Halliburton-Baker Hughes faces third EU delay over missing info
Halliburton Co.’s bid to buy oil-services rival Baker Hughes Inc. was stalled for a third time by European Union regulators who said the companies have once again failed to supply key information about their proposed deal.
Norway cuts interest rate by 0.25%, says may act again later this year
The Norwegian central bank reduced its key interest rate by 0.25 percentage point, to 0.5 percent, and said it may act again later this year to spur the economy from its oil-led downturn.