Oil discoveries hit new lows in 2013, 2014; oil firms cutting spending, including exploration. Spending cut could hit oil price with a lag. Costs soar, making many project unviable. The rate of oil discoveries continues to disappoint after a…
Nordic Maritime’s latest fleet addition wins first work with energy giant. Nordic Maritime has announced its newest DP2 vessel, Mokul Nordic, has been contracted for a 30 days firm plus an optional 15 days charter in the North Sea by international energy provider Statoil.
Norway is confident the Snorre oilfield's production life will be extended as planned, the country's oil and energy minister said on Tuesday, despite doubts expressed by some of the partners about the project's viability. Statoil and partners planned to install a new platform at the North Sea field…
Aasta Hansteen and Polarled are moving the boundaries for technology, deep waters and ripple effects on the Norwegian continental shelf (NCS). "Aasta Hansteen is one of the biggest and most complex industrial projects in Europe. With the Polarled…
Strandpromenaden 50, Horten, Vestfold, Norway 3183 T: +47 32 28 50 00 E: subsea@kongsberg.com W: http://km.kongsberg.com CEO/President: Geir Håøy VP: Bjørn Jalving, EVP, Subsea Division Number of Employees: 4396 The Company Company Mission: Maximizing performance by providing The Full Picture.