Norway News

Dudgeon offshore wind farm (Photo: Ole Jørgen Bratland / Statoil)

Statoil to Rebrand as Equinor

Rebranding would cost up to $32.5 mln but firm plans to ramp up renewables investment.    Norway's Statoil plans to change its name to Equinor, reflecting its commitment to become a broad energy company rather than one focused only on oil, it said on Thursday.   In a video posted on social media, Statoil presented the switch as a way to show its determination to develop investments in renewable energy.   Reactions by various social media users were mixed.   "Equinor sounds like a princess on a horse in Game of Thrones," one Twitter user said. "Equi"

Forum Majore ROV (Photo: Forum Subsea Technology)

ROV Sales for Forum Subsea Announced

Forum Subsea Technologies a subsidiary of Forum Energy Technologies, Inc. has announced a strong start to the year with three recent sales awards in Russia and Norway.   The deals will see the firm supplying four of its Remotely Operated Vehicles (ROVs) to academia and the aquaculture industry. These wins are in line with the company’s continued growth strategy to diversify into new ROV markets across the globe and complement its work in the oil and gas and renewables sectors.   The first sale is to an academic research facility in Russia. Awarded through Forum’s local

Courtesy Subsea 7

Subsea 7 Bags Offshore Norway Deal

award comprises the Engineering Procurement Construction Installation (EPCI) delivery of the pipeline and riser systems, and the transport and installation of subsea production systems and umbilical system.   Fabrication of the pipeline will take place at Subsea 7’s spoolbase at Vigra, Norway. Project Management and engineering will commence immediately at Subsea 7’s offices in Stavanger, Norway. Offshore operations will take place in 2019 and 2020.   Phil Simons, Subsea 7’s Vice President North Sea and Canada, said: “This sizeable contract award recognises our

A system having capacity to handle pressure testing at deeper waters than the deepest ocean point known, Mariana Trench Image by WHOI and Optime

WHOI Installs Hyperbaric Pressure System

Technology Collaborativeto WHOI, to improve its test facilities and provide access to state of the art facilities for the entire Marine Robotics Sector state as a whole. Contract value is undisclosed.   The 20 000psi hyperbaric pressure vessel wasmanufactured by Optime Subsea in Notodden, Norway and delivered to WHOI on schedule and on budget.   “This system more than triples our high pressure test capacity by enableing unattended 24x7 operations.  It replaces an outdated system that is more than 50 years old with a modern system that incorporates high standards of safety

Måns Lidgren, Chief Executive Officer of Rex International Holding

Rex IH Gives Norway Drilling, License Updates

Rex International Holding gives drilling and license status update on its portfolio in Norway Rex International Holding Limited, one of the largest companies listed on the Catalist of the Singapore Exchange Securities Trading Limited, shared its latest developments in its Norway portfolio, held through its 65 percent owned indirect subsidiary, Lime Petroleum Norway AS and investee company, North Energy ASA. Måns Lidgren, Chief Executive Officer of Rex International Holding, said, “Besides growing our portfolio through farm-ins, participation in government award of licenses and

Aker OCV: Image courtesy of Aker Solutions

Aker Gets BP Offshore Norway Contract

Aker Solutions says it has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway. The contract has a period of up to two years valued at maximum NOK 1.8 billion, with options to extend the work by as many as four years. The agreement starts on June 1, 2014, following the expiration of an existing framework contract for similar services. The agreement is for work on the fields Ula, Tambar, Hod, Skarv and Valhall. The scope includes studies, maintenance and modification project work as well as preparation work

Photo courtesy of Bibby Offshore

Bibby Offshore Expands in Norway

Bibby Offshore announced its continued international expansion with the opening of an office in Stavanger, Norway. The Norwegian office for Bibby Offshore will be headed by Arne Lier. Bibby Offshore has a leading subsea services position in the U.K. North Sea and the opening of the office in Norway further increases the company’s growing international presence. The company is currently participating in a number of tenders in the Norwegian Continental Shelf and is focusing on expanding its existing services to offshore operators in the region, benefiting from the depth of relationship that

Hans-Hermann Andreae Photo DEA

Andreae Appointed MD of DEA Norge

After a five-month integration process, DEA has set up a new organisation, DEA Norge in Norway and has appointed Hans-Hermann Andreae as its Managing Director. He heads the business in Norway from the new headquarters in Stavanger. The company will continue to pursue its long-term growth strategy on the Norwegian Continental Shelf (NCS). The changes to DEA in Norway follow the acquisition of E.ON E&P Norge in December 2015. In line with the requirements of Norwegian authorities, the two companies are now legally merged. The name of the new company is DEA Norge AS.   Hans-Hermann

© donvictori0 / Adobe Stock

Magseis: Seismic Survey Market to Surpass $1.2 Bln in 2018

Norway's Magseis, which maps out the seabed for oil and gas deposits, expects the global seismic market to grow in 2018, its CEO, Per Christian Grytnes, said on Wednesday. "We are fairly confident that we will see firm growth in 2018," Grytnes said during an oil conference. "We are on tender for an extension contract with Saudi Aramco in the Red Sea. I think we are well-positioned ... We are optimistic," he later told Reuters. "We expect the total market in 2018 to be above $1.2 billion." "With obvious technology driving down the cost... we see an uptake

(Photo: Blueye Robotics)

Hurtigruten Brings Underwater Drones to Exploration Cruising

Underwater drones join the burgeoning business of exploration cruising   Norway-based Hurtigruten is a leader in the niche exploration cruise market, in part for its capacity to entertain travelers in fresh new ways such as virtual parachute descents and indoor snow, among many others. Now the company which sails to some of the most remote Arctic and Antarctica destinations is set to roll out another offering: underwater drones capable of exploring cold water locales.    Through a partnership with Blueye Robotics, Hurtigruten will offer underwater vehicles for use on board two of

CIMC Raffles starts Norway semisub

CIMC Raffles Starts Norway's Semisub Construction

Chinese semi-submersible rig specialist CIMC Raffles has kicked off construction of a deep-water unit destined for operation in Norway’s North Sea and other challenging regions such as the Arctic and Barents Sea.Construction started yesterday. Beacon Atlantic, built for Norway’s rig player North Sea Rigs to the GM4-D design, will be capable of operating in water depths of 500 metres with drilling depth up to 8000 metres. Classed classification society DNV GL, the rig with DP3 system and a drilling package provided by NOV will be built to the Norsok standards, while meeting the

Offshore Norway Exploration Plan Gets Funding

Atlantic Petroleum Norge AS has entered into a NOK 300-million bank credit facility with DnB to finance its growth plans in Norway. The 3 year facility is put in place to finance Atlantic Petroleum’s planned Norwegian exploration and appraisal programme on the offshore Norwegian Continental Shelf Under the terms of the credit facility, approx. 74% of all the Company’s exploration, appraisal and supporting expenditure in Norway will be met by DnB, thereby substantially increasing the Company's capital available for investment in Norway activity. The facility will be fully repaid by

DOF Subsea Norways’s Skandi Skolten will assist with the installation of Teekay Petrojarl Production AS’s newbuild FPSO on the Knarr field development

DOF Contracted for Teekay FPSO Newbuild in North Sea

DOF Subsea Norway, a specialist subsea solutions provider, has been awarded a contract by Teekay Petrojarl Production AS in Norway for a newbuild FPSO. The scope of work includes mooring pre-installation, tow-out and hook-up work for Teekay Petrojarl Production’s new FPSO, which will be installed on the BG-operated Knarr field in the Norwegian North Sea. DOF Subsea Norway will mobilise its Skandi Skolten vessel for this project, with six further vessels from its global fleet being utilized in support. The project will be completed in three phases, the first of which will see the pre-install

The West Phoenix drilling rig. Photo Statoil

West Phoenix to Drill in UK and Norway

 Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the U.K. and Norwegian continental shelves from the summer of 2018. The contract is awarded to the two Seadrill companies North Atlantic Drilling UK Ltd. and North Atlantic Norway Ltd. The semi-submersible rig West Phoenix will first drill an exploration well for the Ragnfrid North license on the Norwegian Continental Shelf (NCS), followed by three wells on the U.K. Continental Shelf (UKCS). The rig has been approved by authorities for use both on the NCS and UKCS.   “We needed a high capacity

An illustration of the utility- and living quarters topside

Increased Norwegian Content for Johan Sverdrup Platform

Sverdrup field. The topside construction starts on schedule and budget. The Johan Sverdrup development is being executed with a high degree of Norwegian value creation. Kvaerner's efforts to improve competitiveness have resulted in a large portion of the work for the ULQ platform to be executed in Norway. This gives Kvaerner and Norwegian subcontractors a steady activity and also a continued high number of apprentices. In June 2015, Kvaerner in a joint venture with KBR won the contract for the complete delivery of the utility and living quarter (ULQ) topside. The platform also includes the advanced

Reef's CSV Polar King

Reef Subsea Rebrands Its Norwegian Companies

Reef Subsea rebrands all its companies in Norway & extends geographical footprint to improve service to clients. Reef Subsea announce that it is set to fully rebrand and align its companies in Norway – namely Technocean and Scanmudring-Rotech Subsea – to position itself as a dynamic and integrated contractor in the subsea market. Coupled with an extension of its geographical footprint, the Group is well positioned to serve its clients with specialised services under one company name. The move ensures Reef Subsea provides its turnkey subsea services - mainly IRM & Subsea

Statoil has today, as operator for the Johan Castberg project, distributed a proposed impact assessment programme for the largest field yet to be developed on the Norwegian continental shelf (NCS)

Statoil: Considerable Johan Castberg spin-offs

Johan Castberg impact assessment work. “The Johan Castberg project may be a central project for further development of the NCS and in the far north. The field will provide significant tax income. The field development and operation will also create new opportunities for the industry throughout Norway and in North Norway in particular,” says Arne Sigve Nylund, executive vice president for Development and Production Norway. Based on a spin-off report from Agenda Kaupang the Johan Castberg project, based on an investment estimate of between NOK 50 and 60 billion, will represent a significant

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