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Bibby Offshore Expands in Norway
Bibby Offshore announced its continued international expansion with the opening of an office in Stavanger, Norway. The Norwegian office for Bibby Offshore will be headed by Arne Lier. Bibby Offshore has a leading subsea services position in the U.K.
Dearth of Oil Finds Threaten Supplies, Price
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…
Collaboration Tackles Sea Spray Icing Challenges
Sea spray icing is one of the major challenges when operating in Arctic conditions. DNV GL is now launching an industry collaboration which will develop a simulation model that bridges functional winterization requirements and real physical conditions for drilling rigs…
Statoil Claims Mokul Nordic for North Sea Charter
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 Oil Minister Confident Snorre Extension Project Will Go Ahead
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…
Statoil: Aasta Hansteen Moving Boundaries
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…
Johan Svedrup Design Two-Thirds Complete
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…
Kongsberg Maritime
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.
Statoil to Hold Back US Shale Ramp Up
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.
Lundin Petroleum: Edvard Grieg Field Up in Oct 2015
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.