Equinor Issues Two Letters of Intent for Snohvit’s Askeladd Vest
Askeladd Vest is Phase 2 of the Snøhvit gas development, which is expected to see an FID this year.
Aker Solutions, Norcem Advance Toward CO2-Capture Plant at Cement Facility
The cement industry is exploring carbon capture technology to reduce its carbon footprint.
Equinor Proceeds With Powering Sleipner Field From the Norwegian Shore
Sleipner’s share in net-zero emissions savings will be more than 150,000 tonnes per year.
Machine Learning and Artificial Intelligence Complement Condition Monitoring
Time-stamped data anomalies can lead to more-accurate identification and faster diagnosis.
Production at Ærfugl Phase 2 Well Ahead of Schedule
The announcement comes as Aker BP has stopped all nonsanctioned projects. The remaining two Phase 2 wells will come on stream in 2021.
Norway Gives the Go Ahead for Equinor’s Hywind Tampen Wind Farm
The Norwegian wind farm is expected to start up in 2022. The wind farm is also expected to create spinoff effects during the project’s life.
Current Challenges for the UK and Norway in the Face of COVID-19
Westwood Global Energy’s analysis looks at production, cost, and revenue estimates in the UK and Norway, should oil prices remain low. The research group also provided an outlook on drilling activity.
Europe's Oilfield Service Companies at Risk of Bankruptcy Amid $5 Billion in Cuts
More than 200 companies could become insolvent in the UK and Norway. This number may be larger when including the rest of Europe.
Oil Majors Seek Sustainable Power for North Sea Projects
North Sea operators BP, Shell, and Total have begun an effort to fuel their platforms using sustainable power sources through a connection with Norway’s onshore power grid, which is driven almost wholly by renewable energy.
Equinor Contracts Inspection Services for All Offshore Installations and Onshore Plants
Equinor has chosen four suppliers for inspection services on all offshore installations on the Norwegian Continental Shelf and onshore plants in Norway. The frame agreements, estimated at $383 million, are scheduled to be signed soon.
Kongsberg To Build Digital Twin for Shell’s Nyhamna Gas Facility
As part of the $11-million deal, Kongsberg will establish a dynamic virtual representation of the plant, which serves as a gas processing and export hub for the Shell-operated Ormen Lange in the Norwegian North Sea.
Equinor Awards Milestone Wireless Subsea Drone Contract
The $43-million deal with Saipem will utilize a wireless underwater intervention drone and an ROV for intervention work on the Njord field in the Norwegian North Sea. Equinor said the contract is the first ever from an operator for advanced wireless drone services.
Norway Approves Valhall West Flank Startup for Aker
Aker BP expects the unmanned facility, a further development of the Valhall field in the Norwegian North Sea, to recover 60 million BOE. Startup is expected sometime this fall.
Var Energi Seeks NCS Portfolio Boost From ExxonMobil Sale
With its $4.5-billion acquisition of ExxonMobil’s remaining portfolio on the Norwegian Continental Shelf now official, Var Energi says it hopes to realize its ambitious growth plans.
ExxonMobil Agrees To Sale of Norwegian Upstream Portfolio
ExxonMobil confirmed an exclusivity agreement with Var Energi for negotiations of a sale that could reach $4 billion, according to Reuters. If it goes through, the deal would make Var Energi the second-largest producer on the Norwegian Continental Shelf.
Equinor Gets Green Light To Start Up Utgard
The Norwegian Petroleum Directorate has given clearance to start up facilities at the North Sea field, which straddles the line between the UK and Norwegian sectors. Production is set to begin in September.
Seawater Cooling System To Be Integrated on Newbuild Cable-Layer
Hydroniq will deliver a hull-integrated seawater cooling system for a cable-laying vessel the Norwegian shipbuilder Vard is designing and building for Prysmian Group.
Johan Sverdrup Phase 2 Plan Approved
Construction for the field’s second processing platform begins on the same day the Norwegian authorities approved the plan for development and operation for the biggest field development on the Norwegian continental shelf.
Equinor Awards Billions in Service Contracts
The new deals, valued at approximately $2.9 billion over 3 years, cover services for liner hangers, downhole monitoring, and additional completions on the NCS.
Statfjord A Platform To Be Decommissioned in 2022
After producing for 43 years, the Statfjord A platform will cease production in 2022.
Johan Sverdrup Living-Quarters Topside Sails Away
Phase 1 of the development today marked the sail-away from Kværner’s yard of the 560-bed living-quarters topside, the largest of its kind in Norway.
Equinor Submits Phase 2 Plan for Johan Sverdrup to Norway Regulator
Equinor submitted the development plan for Phase 2 of the Johan Sverdrup project on 27 August with an increased resource estimate and a cut of NOK 6 billion in investment costs.
Investigation Begins of Leak at Hammerfest LNG
The Petroleum Safety Authority Norway launched an investigation into an LNG leak at the Hammerfest LNG plant on 17 June.
Norway Leading the Oilfield Service Comeback
The cost cuts made during the downturn and the recent increase in oil prices have led to some global offshore projects becoming economically viable. Norway is leading the comeback.
Aqualis Offshore Signs Frame Agreement With Aker BP
Aqualis Offshore and Aker BP have signed a 5-year frame agreement. Aker was awarded 23 new production licenses by the Norway Ministry of Petroleum and Energy on 16 January.
DNV GL Carries Out First Offshore Drone Survey
The classification society's first offshore drone survey was conducted on a semisubmersible used to support Statoil's drilling operations in the North Sea.
Decomm and Offshore Wind Revive Heavy-Lift Industry
Heavy-lift vessels aim for opportunities in decommissioning in UK North Sea and Norway and offshore wind projects.
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10 September 2020
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10 September 2020