Shipping, Oil & Gas

Shipping, Oil and Gas

Norway's merchant fleet slightly reduced

After remaining at about the same level for five years, the Norwegian Merchant Fleet saw a slight fall at the end of 2014.The number of vessels fell by 19, along with a reduction in gross tonnage of 832 000.

Statoil awards Mariner contracts to Asco

Norwegian energy provider Statoil (U.K.) Limited has on behalf of the Mariner co-venturers awarded the contracts for supply base and warehousing services for the Mariner field to Asco UK Limited.

Sharp drop in exports of crude oil

The value of crude oil exports from Norway amounted to NOK 13.2 billion in January 2015. This is less than half the value from the same month last year, when crude oil to the value of NOK 29.1 billion was exported. This is the lowest export value of crude oil since November 2001, Statistics Norway reports.

AIBEL awarded major contract

Statoil, on behalf of the Johan Sverdrup partnership, hasl signed a contract with Norwegian engineering firm Aibel for the construction of the deck for the drilling platform on the field. The contract is worth in excess of NOK 8 billion.

Development plans for major new oil field

Statoil and partners on Friday submitted the plans for development and operation (PDO) for the Johan Sverdrup Field in the North Sea, one of the largest finds on the Norwegian Shelf.

Oil&Gas: Oseberg Delta 2 on stream

Statoil and its partners have started up production from Oseberg Delta 2 in the North Sea. The field’s recoverable reserves are estimated at 77 million barrels oil equivalent.

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