Norwegian energy firm Statoil will only slightly raise its U.S. shale oil and gas output in the near term due to spending curbs, well below a potential for a 50 percent surge, the firm said on Monday. Statoil, which produces around a tenth of its oil and gas from its U.S.
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.
The Edvard Grieg oil field off Norway is expected on stream in October next year, its operator Lundin Petroleum said on Monday. "We should be on production in October next year," Torstein Sannes, Lundin Petroleum's chief in Norway, told a news conference.
Aker Solutions says it has assembled one of its biggest engineering teams ever to deliver the initial plans for the engineering and design phase of the giant North Sea Johan Sverdrup oil deposit. The company says it is on track to deliver the first draft report due in the fourth quarter…
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…