Statoil makes second gain in Uruguay
Statoil has signed a farm-in agreement with Tullow to acquire a 35% interest in an exploration block offshore Uruguay.
Statoil has signed a farm-in agreement with Tullow to acquire a 35% interest in an exploration block offshore Uruguay.
Eni said It will start-up production from the Goliat field this month.
North Energy said Norwegian authorities have approved the transaction and completion of its acquisition of Explora Petroleum.
Oil major BP is said to be handing bonuses to Norwegian oil workers despite recent plans to make more than 200 redundancies.
Polarcus has received a Letter of Intent for a 4D project over a field offshore Norway.
AGR has finalised a new two-year framework agreement to act as technical advisors to Norwegian state-owned Gassnova to help progress its national CCS development.
The first part of Norwegian operator Statoil's substructure for its Hywind project has begun to take shape.
Technip landed two lump sum contracts for Statoil's Johan Sverdrup Development and the Oseberg Vestflanken 2 projects.
Norwegian operator Statoil is said to be investing NOK1billion in the Snohvit Nord discovery in the Barents Sea.
Norwegian union bosses have highlighted concerns to the PSA (Petroleum Safety Authority) over sharp cuts to catering staff offshore.
Aibel has been awarded work on a study for Statoil’s Johan Sverdrup development.
Statoil has delayed new work for the Scarabeo 5 rig until May.
Statoil plans to build another platform on the Johan Sverdrup field, according to reports.
While the crash in oil prices has eroded the Norwegian government’s income from crude production and taxes, it could count on one source of income to remain unaffected: the state’s dividends from Statoil ASA.
Statoil and Rosneft have commenced well testing at the North-Komsomolskoye field onshore Russia.
Drilling contractor Songa Offshore is to close its Aberdeen office with the loss of 24 jobs as part of a global restructuring.
A diver has died after suffering critical injuries when he became stuck underwater while carrying out work offshore Norway.
Statoil said it has awarded Bristow Norway contracts for personnel transportation from Bergen and Floro from next year.
Helicopter flights have been cancelled from Norway’s busiest fly space as storm weather continues.
Norway’s central bank raised krone purchases by 80 percent to a record in February as Scandinavia’s richest nation takes a hit from the collapsing price of Brent crude.
Lundin Petroleum said it will cut its 2016 capital spending by 26% compared to last year while doubling its production guidance.
Norway said its $800billion sovereign wealth fund has accepted Vonovia’s hostile takeover bid for rival Deutsche Wohen.
First Integrated Solutions have formed a strategic partnership with Norwegian firm GS Oiltools. The move will see both companies cooperating on lifting and inspection operations as well as ATEX rated heaters, lighting systems and hydraulic tool supply.
Oil major BP said it will reduce its headcount by 210 positions in Norway in the next two years. The move comes after 166 job losses last year.
A diver has been flown to hospital with critical injuries after becoming stuck underwater while carrying out work offshore Norway.