Bilfinger has won orders valued at some US$301 million (鈧270 million) from several operators. Key framework agreements have been extended with oil and gas group Statoil, the largest operator of production facilities on the Norwegian Continental Shelf鈥
Statoil鈥檚 investigation following the Turøy helicopter accident on 29 April has been finalized, offering conclusions and recommendations for how the company can further improve its helicopter safety work. Image of a helicopter landing at Snorre A鈥
The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40% since the autumn of 2014, according to the Norwegian Petroleum Directorate鈥檚 (NPD) analysis of eight planned developments that are approaching start-up鈥
Norway's Petroleum Safety Authority has given Shell permission to take over the Knarr and Gaupe fields, as part of the major's take over of the two field's former operator BG Group. Gaupe is an oil and gas field close to the boundary with the UK shelf鈥
Statoil's Njord A semisubmersible production platform has been towed to the Kværner Stord yard in Norway for reinforcement and renovation works, which will enable it to return to production up to and beyond 2030. The facility, which was built at the same yard in 1997鈥
Norway's IKM Subsea has won contracts for ROV and Subsea services for the Visund and Snorre B facilities with Statoil, paving the way for a resident ROV concept to be deployed. The 10-year contract is worth up to NOK0.75 billion. The contract may be extended for a further period of 15 years鈥
Old and partly lost slots that were given up as providers of new production triggered new solutions for Statoil鈥檚 Snorre B. The result was three wells with an average price of US$21.6 million (NOK 170 million), compared to NOK 490 as reference base鈥
DeepWell has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed US$119 million (NOK 1 billion) over a four-year period鈥
Bermuda listed Seadrill, and Norwegian drillers Odfjell and Sevan Drilling reported their Q1 results this morning. Intense focus on cost cutting and efficiency have helped all three, as it had with the likes of Ensco and Transocean,鈥
The platform deck for the Ivar Aasen field was completed at the yard in Singapore on Sunday and will sail away to Norway shortly, operator Det Norske said this morning. The platform deck has now been moved from SMOE鈥檚 yard area to the Cosco vessel the Xiang Rui Kou鈥
Wood Group has been awarded four subsea contracts with Statoil on the Norwegian continental shelf (NCS). The latest award is a study to deliver subsea field concept engineering for the Snorre expansion project. This project will focus鈥
Weatherford鈥檚 Snorre Lutnes examines managed pressure drilling applications across key regions. MPD deployment. Images from Weatherford. Once reserved as a last resort for wells defined as undrillable鈥
Statoil has cut its average project cost per barrel from US$70/bbl to around $40/bbl, but the work has just started and the changes need to be permanent, even if prices increase, CEO Eldar Sætre said this morning. Speaking at the Subsea Valley conference in Oslo鈥
Statoil has has extended its drilling contracts with KCA Deutag, Odfjell Drilling and Archer for services on its platforms on the Norwegian continental shelf. The contract options, based on contracts initially awarded in 2012, were exercised鈥
The Petroleum Safety Authority (PSA) of Norway has granted Statoil consent to use the Bideford Dolphin mobile drilling facility to drill a sidetrack on the Vigdis field in production license 089. The planned start-up is early February and the activity is estimated to last 8 days鈥
