Tag: Norway
AGR acquired by Silverfleet Capital
Norway-headquartered AGR Holdings AS (AGR) has been acquired by the independent European private equity firm Silverfleet Capital. The deal, worth EUR 195M is expected to be completed on or around end of August 2014.
Rune Torhaug new head of DNV Research and Innovati
Det Norske Veritas (DNV) has appointed Rune Torhaug as the new Managing Director for DNV Research and Innovation.
Turbocaser™ Express clears the way to target depth
Deep Casing Tools has completed its first operation in the Norwegian North Sea.
Two conventional attempts to run a 7” liner to total depth (TD) had been unsuccessful in the Statoil operated Gullfaks’ satellite well, resulting in the liner hanging up hundreds of metres from TD.
EnerMech to open a 2nd Norwegian base
Mechanical engineering company, EnerMech, is to open a second Norwegian base as part of a GBP 3 million investment to grow its Scandinavian business.
BP begins production on Skarv Field, Norway
BP and partners announced the successful start of production from the Skarv field in the Norwegian Sea, one of a series of new major upstream projects that BP brought into production in 2012. Production started on 31 December 2012.
ONS 2012 great platform for energy sector
KCI sent a team to the ONS 2012 show in Norway looking for innovations in equipment supplied to the energy sector.
Statoil ups rig capacity
Statoil has entered into a contract with its partners for the use of three more rigs. The Bideford Dolphin, Stena Don and Scarabeo 5 rigs are all on the Norwegian continental shelf.
Subsea 7 to develop gas export pipeline
Subsea 7 S.A. has been awarded the Varg Gas Export Contract from Talisman Energy Norge AS for the development of a gas export pipeline at the Varg field, located 200 km off the Norwegian coastline. The contract is for the engineering, procurement, installation and construction of a 6km flow line and flexible riser system as well as the installation of associated subsea structures, protection systems, and tie-ins. Engineering and project management will commence immediately at Subsea 7's Stavanger office with offshore operations due to begin in 2013.
Statoil to drill 9 more wells in the Arctic
Statoil is increasing its Arctic activities with a plan to drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign. The drilling will begin in Nunatak in the Skrugard area in December. The company will complete four wells in this area over a six-month period. "These wells are time critical, as any additional resources will make the Skrugard development even more robust," said Tim Dodson, Statoil Exploration executive vice president. Two-three wells will be drilled in the Hoop frontier exploration area further north in the Barents in the summer of 2013. These will be the northernmost wells ever drilled in Norway.
Aker Solutions wins FEED study Statoil field
Aker Solutions has received a contract from Statoil, to conduct the topside FEED (front-end engineering and design) study at the Mariner field on the UK continental shelf in the North Sea. The contract is valued at approximately NOK 125 million.