Offshore oilfield services firm Three60 Energy said Tuesday it had secured a plug and abandonment services contract from Equinor for work at Statfjord field, offshore Norway.Thomas Kibsgaard-Vatn, THREE60 Energy’s Discipline Owner P&A, commented…
Oilfield services firm TechnipFMC has signed a letter of intent with the Norwegian oil company Equinor for an integrated Front End Engineering and Design (iFEED) study on its BM-C-33 project offshore Brazil.The study will finalize the technical solution for the…
Vår Energi ASA, the largest independent exploration and production company on the Norwegian continental shelf, on Tuesday announced a new organizational structure and management team.CEO Torger Rød said, 'Vår Energi has set a goal to become a net producer of 350…
Rex International's subsidiary Lime Petroleum has completed its 20 percent farm-in to each of the respective licenses PL867 and PL867B Gjegnalunden in the Norwegian part of the North Sea from operator Aker BP.Lime now holds a 20 percent stake in each of the two licences…
Oil and gas company Lime Petroleum received approval from the Norwegian authorities to acquire Repsol’s 33.8434 stake in the Brage field in the North Sea, offshore Norway.'With this approval, the acquisition is expected to be completed by December 31…
Russian oil firm Lukoil will acquire a 9.99% percent in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas and not 15.5% as agreed originally in October, as other partners in the field, BP and Socar…
Russian oil and gas company Lukoil has agreed to acquire a 15.5% stake in the Shah Deniz offshore gas field in the Azerbaijan sector of the Caspian Sea from Malaysia's Petronas.Lukoil said the value of the transaction was $2.25 billion, with the completion is subject to certain conditions precedent…
There are not many of the leading edge subsea processing projects Rune Mode Ramberg has not been involved in at some level. The list includes Tyrihans subsea pumping, Tordis subsea separation, studies on the Ormen Lange subsea compression project…
Norwegian oil company Vår Energi has appointed Torger Rød as the company’s new CEO. Rød will take over from Kristin F. Kragseth who has recently accepted the position as CEO of Petoro, the management company for the Norwegian state-owned oil and gas interests…
Norwegian oil company Equinor has received regulatory consent to keep using the Island Wellserver well intervention vessel in 2021.The consent, granted by the Petroleum Safety Authority Norway, is an extension of an existing consent.The consent…
Norwegian engineering company Head Energy has secured a contract extension with Wintershall Dea in Norway.Head Energy was awarded the frame agreement for modifications at the Brage offshore platform in Norway in 2016. Wintershall Dea has now…
Offshore drilling company COSL Drilling has signed a letter of intent with an unnamed operator for the use of its COSLInnovator semi-submersible drilling rig offshore Norway in 2021.'After being kept ready for operations over a longer period…
Oil company Wintershall Dea has awarded Norwegian engineering firm Head Energy a contract for two well hook-ups at the Brage Platform.'This is a strategically important contract for us and a recognition of our skilled engineering team working with EPCIC offshore modification projects…
Norway's Equinor has obtained regulatory consent to use the Island Wellserver vessel.The Petroleum Safety Authority Norway gave the oil company its approval to use the well intervention vessel in Norway in 2020.The consent applies to the use…