Songa Offshore said one of its rigs is currently being repaired after a blowout preventer equipment failure while final tests were being carried out on location at Statoil’s Troll field. The company said all required spare parts are on the Songa Endurance ready to resolve the incident.
Statoil said an earlier gas leak at its Karsto processing plant in Norway has been stopped.
Statoil has signed new agreements with OneSubsea and Aker Solutions. The Norwegian operator said the agreement signed form the basis for potential new EPC contract for subsea equipment in the medium term future.
Norway’s central bank can probably sit out the global currency war that is now at its doorstep. Even a potential intervention in neighboring Sweden is unlikely to boost the Norwegian krone as a deepening rout in Brent crude drags down the currency of western Europe’s biggest crude producer. “At the end of the day, the Norwegian krone is oil- fixated,” said Daragh Maher, head of currency strategy for HSBC in New York. “Really, the issue is whether the oil price can find a bottom.”
Statoil has evacuated workers from its Karsto processing plant after a suspected gas leak.
A rig which was battered by huge waves in the Norwegian North Sea leaving one worker dead and two injured had not been tested for the impact of a wave.
The Norwegian Petroleum Safety Authority has found a number of non-conformities on Statoil’s Valemon platform in the North Sea.
Statoil ASA, Norway’s biggest energy company, said an oil rout that’s pushed prices to a 12-year low may still get worse.
Statoil has reportedly applied for an exclusion zone around its Njord field in Norway.
A new report has nearly doubled Faroe Petroleum’s reserves overnight.
Oil major BP and the Norwegian defence headquarters were in discussions about whether to use military options including blowing a drifting vessel out of the water near the Valhall field.
ConocoPhillips said production has resumed from both the Eldfisk and Embla fields in the Norwegian North Sea. The fields had been shut down on New Year’s Eve along with the Valhall platform after a drifting vessel moved towards them.
Troubled Norwegian firm Havila Shipping is undertaking financial restructuring process to help steer it through the industry downturn.
Tanker operator Odfjell has appointed former submarine commander Øistein Jensen as its new chief of staff.
Statoil has renegotiated the terms of two of its long-term contracts with its suppliers.
COSL Drilling said an investigation launched by the Norwegian Petroleum Safety Authority will aim to answer whether the death of an offshore worker could have been prevented. Rune Morten Narvag was killed when a massive wave hit the COSL Innovator in the Norwegian North Sea. The rig was on contract to Statoil in the Troll field west of Bergen when the accident happened.
Rune Morten Narvag got his first break in the oil and gas industry aged just 16-years-old.
A man killed offshore after a freak wave hit a semi-submersible drilling rig in the Norwegian North Sea has been named. Rune Morten Narvag, 53, died last week after fierce weather across the North Sea caused by Storm Frank.
Statoil has been asked by the Norwegian Government to conduct new studies on carbon storage on the Norwegian continental shelf.
Lundin Petroleum said it has come up dry on the Ornen exploration well in the southern Barents Sea. The company said it had completed drilling and evaluation of well 7130/4-1 on the eastern parts of the Finnmark Platform.
Statoil and its partners are to spend more time on improving the concept for the start-up of the second phase of the Johan Sverdrup field. The company said the planned production timing is still planned for 2022.
The Norwegian Petroleum Directorate (NPD) has granted a drilling permit to Total E&P Norge for the drilling of a wildcat well. The company plan for the well to be drilled using the Maersk Gallant drilling facility in production licence 618.
The Norwegian government has upheld its decision to reduce Det Norske’s stake in the Johan Sverdrup oil field. The move comes after it rejected an appeal from the company against the decision.
Statoil and its partners have decided to develop the Oseberg Vestflanken 2 covering the Alpha, Gamma and Kappa oil and gas structures. The Oseberg Vestflanken covers the Alpha, Gamma and Kappa oil and gas structures, which are located around eight kilometres northwest of the Oseberg field centre.
Statoil said it plans to present its development plan for its Oseberg Vestflanken 2 project offshore Norway tomorrow.