Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded a contract by Statoil for fabrication of subsea structures for the Åsgard Subsea Compression Project with an estimated value of 50 MNOK. The project involves delivery of 12 off PLEM structures (Pipeline End Manifold) and one riser base with a total estimated [...]
The divestment of 24.1% of the Gassled shares from Statoil ASA to the consortium Solveig Gas Norway AS is now completed. Solveig Gas Norway AS is a holding company that is approximately 40% owned by Canada Pension Plan Investment Board, 30% by Allianz Capital Partners (a subsidiary of Allianz SE), and 30% by Infinity Investments [...]
February 1, 2012 | Posted in
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Norway’s oil giant, Statoil, has awarded additional IRM contracts to two DeepOcean vessels. Statoil has signed a one-year option for the vessel Edda Fauna under its existing inspection, repair and maintenance (IRM) frame contract. Furthermore, Statoil has decided to upgrade the scale squeeze system onboard the Edda Fauna to further strengthen the vessel’s performance. Scale [...]
January 31, 2012 | Posted in
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PSA Norway has given approval to Statoil to conduct retrofits on Troll A and Kollsnes for installation of the Troll A 3 and 4 precompression project (TPC 34). The purpose of TPC 34 on Troll A is to maintain the maximum daily production of 120 Sm3 gas, an annual maximum production of 30 billion Sm3, [...]
Statoil, together with its Luva field partners, has selected a Spar platform to develop the field. As a gas transport solution has also been decided, a major step has now been taken towards deep-water production in the Norwegian Sea. The Luva field, which is a deep-water pioneer in the Norwegian Sea, may be the first [...]
January 30, 2012 | Posted in
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Centrica plc, the parent company of British Gas, has reached an agreement with ConocoPhillips to acquire its non-operated interests in the gas and oil producing Statfjord field and associated satellites for a total cash consideration of $223 million (£142 million), including $103 million (£66 million) attributable to historic tax allowances. The fields, which are located [...]
January 30, 2012 | Posted in
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Statoil and its partners on the Snøhvit field have increased the reserves estimate by 20 billion standard cubic metres of gas. Production experience from the field has proven that it is possible to produce more gas from the reservoirs than previously assumed. The adjustment corresponds to an increase of 125 million barrels of oil equivalents [...]
January 29, 2012 | Posted in
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Havila Shipping has entered into an agreement with FugroTSM in Australia for a two year extension of the contract for the subsea vessel Havila Harmony. The extension will keep the vessel on contract until March 2014, with two optional periods of one year until March 2016. A contract is entered into with E.ON for the [...]
January 27, 2012 | Posted in
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Deepocean AS, a subsidiary of DeepOcean Group, an integrated provider of subsea engineering and trenching services, has been awarded a long-term frame agreement for offshore survey services for Norway’s oil and gas giant Statoil. The four-year frame agreement, plus two one-year options, includes services covering light construction, ROV surveys with hull mounted Multi Beam Echosounder [...]
January 25, 2012 | Posted in
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Wärtsilä, the marine industry’s leading solutions provider, has been contracted to supply the power and positioning system for two new drilling rigs ordered by Songa Offshore AS, the Norwegian arm of the Cyprus-based offshore drilling company. These so called cat D semi-submersible rigs are tailor designed for use by Statoil in mid-water segments, and are [...]
