Norway


All posts for Norway

Norway Leading the Oilfield Service Comeback

In 2015 and 2016 we saw record low levels of offshore volumes sanctioned, which effectively is hurting oilfield service companies' backlog. With the cost cuts E&P players made during the downturn, coupled with the recent increase in oil prices, we now see a lot of offshore projects on a global lev ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > NorwayRystad EnergyOffshore +3

NPD: Production Figures January 2018

Preliminary production figures for January 2018 show an average daily production of 2 019 000 barrels of oil, NGL and condensate, which is an increase of 89 000 barrels per day compared to December. Total gas sales were 11.3 billion Sm 3 (GSm 3 ), which is an increase of 0.2 GSM 3 from the prev ...

OilVoice Press - OilVoice


Posted 3 days agoPress > NPDNorwayNorwegian Petroleum Directorate +2

Statoil ASA: Announcement of Dividend Per Share for the Third Quarter 2017 in NOK

Statoil (OSE: STL, NYSE: STO) announced 27 October 2017 dividend per share of USD 0.2201 for third quarter 2017. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three business days from record date 9 February 2018, in total seven business ...

OilVoice Press - OilVoice


Posted 9 days agoPress > StatoilNYSEDividend +1

Hedge Funds On A Roll, But Underlying Problems Remain

Wood has secured a new engineering, procurement, construction management (EPCm) contract to deliver a major expansion at INOVYN's Rafnes plant in Telemark, Norway. The company will support the Vinyl Chloride Monomer (VCM) project to increase production capacity at the onshore chemical plant by aro ...

OilVoice Press - OilVoice


Posted 10 days agoPress > WoodNorwayonshore +1

Faroe Petrolem: Operational Update and 2018 Guidance

  13 February 2018   Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to provide an update on operations and guidance for 2018. Highlights 2017 average production of 14,300 boepd at ...

OilVoice Press - OilVoice


Posted 11 days agoPress > Operational UpdateFaroe PetroleumNorway +3

Statoil Awards Kværner the Contract for the Johan Castberg Topsides

  The contract includes the construction and installation of the topside structure for the floating production, storage and offloading vessel (FPSO) to be located on the Johan Castberg field in the Barents Sea. The contract has a total value of about NOK 3.8 billion. The development wor ...

OilVoice Press - OilVoice


Posted 11 days agoPress > StatoilContractKvaerner +7

Suncor Energy Acquires Additional Interest in Syncrude and Interest in Norway’s Fenja Field

CALGARY, Alberta, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Suncor today announced it has reached an agreement to acquire Mocal Energy's 5% interest in the Syncrude joint venture for US$730 million, or approximately Cdn$920 million, subject to closing adjustments. The transaction will be effective as of ...

OilVoice Press - OilVoice


Posted 12 days agoPress > Suncor EnergyCanadaNorway +3

DNO Ramping Up Kurdistan Investments; Reports Strong 2017 Results

DNO ASA, the Norwegian oil and gas operator, has announced a 50 percent hike in 2018 spending in the Kurdistan region of Iraq to USD 250 million net to the Company on the back of higher revenues and regular export payments. Annual 2017 revenues stood at USD 347 million, up 72 percent from 2016, bo ...

OilVoice Press - OilVoice


Posted 12 days agoPress > NorwayDNOKurdistan +3

Faroe Petroleum: Sale of 17.5% Interest in PL586 (Fenja) to Suncor Energy Norge AS

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has executed a transaction with Suncor Energy Norge AS (‘Suncor') for the sale of a 17.5% working interest in the ...

OilVoice Press - OilVoice


Posted 12 days agoPress > DivestmentFaroe PetroleumSuncor +5

NPD: Drilling Permit for Well 6507/5-8 in Production Licence 212

The Norwegian Petroleum Directorate (NPD) has granted Aker BP ASA a drilling permit for well 6507/5-8, cf. Section 15 of the Resource Management Regulations. Well 6507/5-8 will be drilled from the Deepsea Stavanger drilling facility at position 65°41' 58.47" North and 7°32' 23.19" East after ...

OilVoice Press - OilVoice


Posted 24 days agoPress > NPDNorwayNorwegian Petroleum Directorate +2

Drilling Permit for Wellbore 35/9-14 in Production Licence 682

The Norwegian Petroleum Directorate has granted Spirit Energy Norge AS a drilling permit for wellbore 35/9-14, cf. Section 15 of the Resource Management Regulations. Wellbore 35/9-14 will be drilled from the Songa Enabler drilling facility, at position 61⁰25' 19.8727'' North, 03⁰49' 41.92'' E ...

OilVoice Press - OilVoice


Posted 1 month agoPress > NorwayNPDNorwegian Petroleum Directorate +2

Subsea 7 Awarded Contract Offshore Norway

Luxembourg – 24 January 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable (1) contract from Statoil for the Johan Castberg field development, located 240 km from Hammerfest in Norway.  The contract comprises the design, coating, fabrication and installati ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Subsea 7OffshoreNorway +3

Norwegian Petroleum Directorate: Production figures December 2017

Preliminary production figures for December 2017 show an average daily production of 1 932 000 barrels of oil, NGL and condensate, which is an increase of 26 000 barrels per day compared to November. Total gas sales were 11.2 billion Sm 3 (GSm 3 ), which is an increase of 0.3 GSM 3 from the pre ...

OilVoice Press - OilVoice


Posted 1 month agoPress > NPDNorwegian Petroleum DirectorateNorway +2

Cairn Energy: Operational Update

Cairn intends to announce its preliminary results for the year to 31 December 2017 on Tuesday 13 March 2018. In advance of these results, Cairn is providing an update on recent operations and the Group's trading performance in 2017 together with guidance for 2018. This information is unaudited and ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Cairn EnergyOperational UpdateUK +5

DNO Reports Payment for Tawke Deliveries

Oslo, 22 January 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 53.71 million from the Kurdistan Regional Government as payment for October 2017 crude oil deliveries to the export market from the Tawke license. The funds will be shared by DNO and partner Genel E ...

OilVoice Press - OilVoice


Posted 1 month agoPress > DNONorwayKurdistan Regional Government +4