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Shipping, Oil and Gas

Business - Shipping, Oil and Gas

Aker Solutions has signed a contract with Repsol Investigaciones Petroliferas S.A. for delivery of subsea equipment to the Spanish oil company's Mediterranean wells. Contract value is around NOK 120 million.

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Business - Shipping, Oil and Gas

Statoil's board of directors has unanimously decided to evaluate a new ownership structure for the group's energy and retail business, including the company's petrol and service stations.


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Business - Shipping, Oil and Gas

Statoil has extended its contracts with Schlumberger Norge AS and Baker Hughes Norge AS for integrated drilling services. The extensions are valid for two years from the autumn of 2010.

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Business - Shipping, Oil and Gas

President and CEO of Statoil, Helge Lund, (photo) together with president of Lukoil, Vagit Alekperov, have signed the development and production service contract for West Qurna 2, near Basra in Iraq.

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Business - Shipping, Oil and Gas

Norwegian engineering and construction company Aker Solutions is the lowest bidder for a four-year frame agreement to supply 61 subsea trees to Brazilian national oil company Petrobras.

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Business - Shipping, Oil and Gas

The Norwegian state and Aker have come to agreement about how to avoid conflict between the owners when entering into future transactions. The supplementary agreement was signed Monday.

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Business - Shipping, Oil and Gas

ConocoPhillips and Statoil USA E&P have announced that they have entered into a deal for Statoil to acquire a 25 percent working interest in 50 ConocoPhillips leases acquired in the Chukchi Sea federal OCS lease sale in 2008.

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Business - Shipping, Oil and Gas

An oil spill in the far North will do more damage to the environment than a spill further south. The reason is that the eco-systems in the North are more vulnerable, a new scientific report shows.


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Business - Shipping, Oil and Gas

The Government has decided to offer 38 production licenses in the awards in predefined areas 2009 (APA 2009). The licenses are distributed among the North Sea (25), the Norwegian Sea (10) and the Barents Sea (3).

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Business - Shipping, Oil and Gas

The drill rig "Songa Dee" in the Norwegian sector of the North Sea was evacuated Monday evening, after a supply ship lost engine power and drifted up against the rig. No one was injured.

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