More commercial innovation in North Sea than any other part of the world, says BHGE
The North Sea is producing more commercial innovations than any other part of the world, according to a boss at Baker Hughes GE (BHGE).
norway
No sign of deal flow between Norway and Aberdeen letting up
More Norwegian acquisitions of UK oil and gas assets and businesses are on the cards later this year and into 2020, a top Aberdeen accountant has said.
Diesel sales down 95% in Norway as EVs gain momentum
Sales of certain diesel models are in free-fall as Norwegians turn to Tesla and other makers of premium electric vehicles (EV), Rystad Energy finds.
Bilfinger praises ‘strong demand’ for offshore business
German industrial services giant Bilfinger saw “strong demand” for its offshore services in the UK and Norway in the first half of the year.
Production starts at 76m barrel field, Equinor says
Equinor today hailed production start-up from the 76 million barrel Trestakk subsea tieback project off Norway.
Disappointment for Cairn Energy as Norwegian well comes up dry
Scottish operator Cairn Energy has been met with disappointment in Norway as an exploration well has come up dry.
Subsea 7 wins fresh North Sea work with Equinor
Subsea 7 has unveiled a new contract with Equinor in the Danish and Norwegian sectors of the North Sea.
New flights announced from Aberdeen to Norway
Aberdeen is to be better connected to Norway with the launch of new flights from the north-east.
Equinor makes new oil discovery at Oseberg
Equinor has made a "profitable oil discovery" at its Oseberg area in the Norwegian North Sea.
UK could adopt Norwegian tax system to incentivise exploration
One of the big challenges facing the UKCS is the need to increase the amount of exploration activity – the eight exploration wells drilled in 2018 represented the lowest level of activity since 1965, although there have been some notable recent successes such as the massive Glengorm gas discovery announced by Total in January and the technical success rate over recent years has averaged more than 50%.
New Norwegian frontiers
Studies continue to identify northern Norway and the Arctic as a growth area for the Norwegian oil and gas industry.
ExxonMobil’s Norway exit could break records, Rystad says
US supermajor ExxonMobil could be looking to fetch as much as $3.1 billion through the sale of its Norwegian portfolio, according to Rystad Energy.
Updated: Exxon seeks bidders for Norwegian business, report says
US oil giant ExxonMobil is weighing up the sale of its Norwegian business, a news report said.
How Norway’s rain and snow will soon be powering UK homes with Green energy
Water flowing from mountains to fjords in Norway will soon be helping power British homes, as the world's longest "interconnector" hooks up the two countries' grids.
Worley gets nod from Neptune for Gjoa modifications
Neptune Energy has chosen Rosenberg Worley to modify on the Gjoa semi-submersible platform in the Norwegian North Sea.
Supply vessel collides with Norwegian rig
A supply vessel crashed into the Statfjord A platform off Norway while carrying out loading operations this morning.
Oil industry’s debt woes not over over, top bankers warn
Offshore oil and gas bankers in Oslo are warning that the industry is far from out of the woods as a recovery is slow to take hold.
Norway approves extension to giant Johan Sverdrup project
Norwegian authorities have approved an extension to the giant Johan Sverdrup development off the country’s coast.
Equinor aims to give ‘fresh lease of life’ to decommissioned gas giant
Equinor plans to breathe new life into a decommissioned gas field straddling the border between the UK and Norwegian sectors of the North Sea.
Exploro opens base in Aberdeen
A Norwegian geological and geophysical market leader has underlined its commitment to the future exploration of the North Sea by opening an office in Aberdeen to serve its existing and new clients on the UKCS.
CHC wins helicopter contract with Cairn Energy
Helicopter operator CHC has announced a new contract win with Capricorn Norge, a subsidiary of Scottish oil exploration firm Cairn Energy.
Aker Solutions predicts near 10% boost to revenues in 2019
Aker Solutions has predicted overall revenues this year will jump by nearly 10 percent from 2018 on the back of a strong order book and tendering activity.
Norwegian and UK North Sea markets gradually merging
The head of a Norwegian inspection, maintenance and repair group believes that the traditionally separate markets on either side of the North Sea are gradually merging.
TechnipFMC scoops Norwegian North Sea contract with ConocoPhillips
TechnipFMC has been handed a major contract for ConocoPhillips' Tor II development in the Norwegian sector of the North Sea.
Norway is walking away from billions of barrels of oil
Western Europe’s biggest petroleum producer is falling out of love with oil.