Equinor’s Johan Castberg sees cost surge by nearly £1bn
Meanwhile Var Energi, a partner on Johan Castberg, has also seen costs surge on its Balder X project.
Johan Castberg
Equinor books Transocean rigs to drill up to 42 wells off Norway
Equinor has booked contract extensions with two winterised Transocean drilling units worth up to $600m for a spate of work in the Norwegian Sea and Johan Castberg field.
Workers on Equinor’s Johan Castberg FPSO evacuated after fire
Crew working on Equinor’s (OSLO:EQNR) Johan Castberg ship had to be evacuated earlier this week after a fire broke out.
Equinor makes oil discovery in Norway of up to 50 million barrels
Equinor has announced an oil discovery in Norway of 37 – 50 million recoverable barrels.
Vår Energi reports healthy profit in first results since Oslo listing
Norwegian E&P Vår Energi (VAR:NO) has reported pre-tax profits of $1.65 billion for Q1 2022, in its first quarterly results posting since its February 2022 listing.
High and volatile oil prices for the next five years, BofA forecasts
Brent oil prices average $60-80 per barrel until 2027, BofA Global Research has said in a new report, suggesting high prices are here to stay – at least in the medium term.
VIDEO: Equinor’s Johan Castberg FPSO sets sail for Norway
Following a string of delays, Sembcorp Marine has completed construction of the hull and living quarters for the Johan Castberg unit, which has now begun dry transport from Singapore to Norway.
Video: Johan Castberg production vessel leaves dock in Singapore
The Johan Castberg production vessel is to set sail for Norway next month after it left the dock in Singapore.
Equinor says no single issue to blame for Johan Castberg weld defects
Equinor said today there was no single “event” that could have directly caused the welding issues found on the hull of its Johan Castberg production vessel.
One in three success rate for Norwegian explorers so far in 2021
Westwood Global Energy reports that there were five exploration well programmes active on the Norwegian Continental Shelf as of February 24. A total of three exploration wells have completed to date in 2021, from which one commercial discovery was made with total resources of c. 57 mmboe, giving a 33% commercial success rate.
Energean’s Karish plan slips
Work has restarted in Singapore on a vessel for Energean that is due to begin producing gas off Israel in 2021.
‘Record number’ of oil and gas fields producing off Norway
Last year saw a “record number” of oil and gas fields producing in Norway, according to new analysis.
Kvaerner looks to increase multi-million offshore wind and FPSO construction contracts
Engineering and constriction firm Kvaerner has today outlined its plans to increase its offshore wind work, alongside a concerted push for floating production storage and offloading (FPSO) vessel manufacturing contracts.
Equinor says 25m barrel discovery proves Barents Sea’s potential
Equinor and partners have detected 12-25 million recoverable barrels of oil at the Skruis exploration well in the Johan Castberg licence.
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.
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.
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.
Kvaerner unveils plans for new quay at Stord
Norwegian firm Kvaerner has announced plans to invest 370 NOK (£33.8million) in a major extension to its quay site in Stord.
Aker Solutions wins modules contract for Johan Castberg
Statoil awards Kvaerner 3.8billion NOK construction contract for Johan Castberg FPSO
Energy giant Statoil has awarded Norwegian engineering firm Kvaerner a 3.8billion NOK contract for construction and installation of the floating production, storage and offloading (FPSO) vessel to be used in the Johan Castberg field.
Statoil award Ocean Installer big contract for Johan Castberg
Norwegian subsea company Ocean Installer has announced a substantial contract award from Statoil ASA for marine operations on the Johan Castberg project.
Subsea 7 awarded “sizeable” contract from Statoil
Oil services firm Subsea 7 has announced it has been awarded a “sizeable” contract from Statoil for work on the Johan Castberg field development in the Barents Sea.
SMB Offshore awards Drydocks World Johan Castberg contract
Offshore service provider Drydocks World has signed an agreement to carry out construction of the Turret Mooring System (TMS) for Statoil’s Johan Castberg Floating Production Storage and Offloading (FPSO) vessel.
Aker Solutions lands Johan Castberg FPSO win
Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).
Johan Castberg licensees submit Barents Sea plans
The licensees involved in the Johan Castberg discovery in the Barents Sea submitted their development and operation plans to authorities today.