Arctic
News
March 16, 2015
ABB has won an order worth $155 million from Norway’s Statoil to supply systems and equipment to two HVDC converter stations linking the recently discovered Johan Sverdrup offshore field with the onshore grid.
News
March 13, 2015
Electromagnetic Geoservices (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.
News
March 12, 2015
As offshore field developments in the North and Norwegian Seas face maturity, operators on the Norwegian Continental Shelf (NCS) are looking to the more remote areas of the Barents Sea for further development.
News
March 09, 2015
TORONTO, Canada -- Winters Instruments has launched a complete line of industrial pressure switches viz. 2WPS, 3WPS, 4WPS & 9WPS.
News
March 05, 2015
Seadrill, the offshore oil driller controlled by billionaire John Fredriksen, said the rig market is unlikely to recover for at least two years following a slump in crude prices.
News
March 04, 2015
California regulators ordered oil drillers including Chevron and Linn Energy to halt operations at 12 injection wells in the state because of concerns they may taint groundwater.
News
March 03, 2015
President Barack Obama said a decision on whether to approve the Keystone XL pipeline is possible in weeks or months.
News
March 03, 2015
WPX Energy is trimming its company-wide workforce by approximately 8% and consolidating most of its regional office staff in Denver, Colorado, together with personnel at the company’s headquarters in Tulsa, Oklahoma.
News
February 27, 2015
Following the sanction of the Peregrino phase 2 project in December, Statoil together with its partner Sinochem, has submitted the Plan of Development (PoD) to the National Agency of Petroleum, Natural Gas and Biofuels in Rio de Janeiro on Jan. 30.
News
February 26, 2015
Seadrill, the offshore driller controlled by billionaire John Fredriksen, said fourth-quarter profit fell by a third as low oil prices weaken demand for rigs, forcing it to delay the delivery of new units and consider lowering rates on existing contracts.
News
February 25, 2015
McDermott International and Petrofac have formed a strategic marketing alliance to pursue top-tier deepwater subsea, umbilical, riser and flowline (SURF) projects.
News
February 24, 2015
Lime Petroleum Norway has entered into an agreement with Tullow Oil Norge to acquire an additional 20% stake in licenses PL591, PL591B and PL591C in the Norwegian Sea.
News
February 24, 2015
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has signed a farm-out agreement with Lime Petroleum Norway, whereby Lime Petroleum will acquire a 30% working interest in PL338C.
News
February 24, 2015
Statoil, on behalf of the Johan Sverdrup partnership, is to sign a contract with Aibel for the construction of the deck for the drilling platform on the field.
News
February 24, 2015
AGR has won a further contract award for its well intelligence software solution, iQx, with Lukoil Overseas North Shelf AS. The contract value is $130,000 (1 million NOK).
News
February 23, 2015
Talisman Energy has received consent from the Petroleum Safety Authority Norway for exploration drilling of well 15/12-24.
News
February 23, 2015
On Feb. 21, Statoil and its partners started up production from Oseberg Delta 2 in the North Sea. The field’s recoverable reserves are estimated at 77 MMboe.
News
February 23, 2015
The Arctic is an essential piece of our energy equation and vital to keeping America’s status as a world leader in energy, so API is carefully reviewing proposed Arctic offshore regulations, said API Director of Upstream Erik Milito.
News
February 20, 2015
Gazprom Neft has made its first ever winter shipment of oil from the Novy Port (Novoportovskoye) field on the Yamal Peninsula.
News
February 20, 2015
The Norwegian Petroleum Directorate (NPD) has announced preliminary production figures for January 2015 indicating an average daily production of about 1,931,000 bopd, NGL and condensate.
News
February 20, 2015
At the start of this year, Holmatro and its Norwegian dealer EIVA-SAFEX jointly supplied 64 cylinders, each with a capacity of 536 tons, to the Statoil operated tension-leg platform (TLP) Snorre A.
