Shipping, Oil and Gas

Aker Solutions with lowest Brazil bid

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.

Friday, 29 January 2010 09:36

Aker Holding owners sign revised agreement

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.

Tuesday, 26 January 2010 09:05

Statoil and ConocoPhilips share interestsl

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.

Tuesday, 26 January 2010 08:47

Oil spills do more damage in the North

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.

Sunday, 24 January 2010 10:24

Oil&Gas: New licenses awarded

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).

Wednesday, 20 January 2010 10:12

North Sea rig evacuated

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.

Tuesday, 19 January 2010 08:52

Oil production continues to fall

The oil production on the Norwegian Shelf continues to fall. Making a determined effort to recover all the oil resources from the large fields has become an urgent matter, the Norwegian Petroleum Directorate (NPD) states.

Monday, 18 January 2010 09:32

Oil discovery in the North Sea

Petro-Canada Norge AS, operator of production licence 375, has completed the drilling of wildcat well 34/4-11, located 15 km northwest of the Snorre field in the northern North Sea.

Thursday, 14 January 2010 09:01

Gas production drops due to cold weather

The cold spell over Norway has also affected the export of natural gas. The Ormen Lange plant was closed dowwn last wekend, and the Kårstø plant is working at only one third capacity.

Tuesday, 12 January 2010 09:16

Oil&Gas: Gjøa platform takes shape

In the days between Christmas and New Year, Aker Solutions successfully mated together the deck and hull of the new Gjøa platform under construction outside the yard at Stord.

Friday, 08 January 2010 09:33