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Mime works to strengthen liquidity ahead of Balder Future

Mime Petroleum has issued a NOK 300 million ($32.2M) senior unsecured bond with maturity in February 2025 ahead of ...

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Norwegian oil output in January falls below forecast

Norwegian oil production during January 2020 dropped around 6.6 percent below predictions made by the Norwegian ...

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Green light to Lundin for Barents Sea wildcat

The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for a well in the Barents Sea ...

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ConocoPhillips hits dust in North Sea well

ConocoPhillips has concluded the drilling of a wildcat well near the Balder field in the North Sea, offshore ...

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Aker BP profit jumps on record output

Aker BP increased its quarterly profit as its total income went over $1 billion lifted by record high production. 

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New installation vessel delivered to Island Offshore

Island Offshore has taken delivery of a new offshore installation vessel named Island Victory.

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Aker BP swaps licenses with PGNiG

Aker BP has strengthened its position in the Skarv offshore area by swapping its interest in two licenses for an ...

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Equinor slips to loss due to impairment charges

Equinor's financial performance in 4Q 2019 was impacted by lower oil and gas prices and impairments despite record ...

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Equinor plans to halve carbon intensity by 2050

Norwegian oil major Equinor has launched a new climate roadmap for the upcoming period of energy transition, in ...

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PGNiG closes additional stake buy in Duva

PGNiG Upstream Norway has completed the acquisition of a 10 percent stake in the Duva field, located offshore ...

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PSA: Lundin needs to improve Edvard Grieg materials handling

Norwegian offshore safety watchdog has found irregularities during an audit of Lundin's Edvard Grieg platform ...

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UK blocking Prosafe-Floatel merger

Competition authorities in the UK have found that blocking a merger between offshore accommodation specialists ...

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Wintershall Dea looking to introduce new helicopter type

Wintershall Dea and Bell have signed a non-binding collaboration agreement looking into the possibility of ...

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New oil minister named in Norway

Norwegian government has appointed Tina Bru as the country's new Minister of Petroleum and Energy, replacing Sylvi ...

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Seadrill taps Semco to prepare rig for Lundin gig

Semco Maritime has been awarded a contract by Seadrill for preparation and modification of the West Bollsta prior ...

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Greenpeace loses lawsuit appeal against Norway

An Oslo appeals court has dismissed a lawsuit by environmentalists against the Norwegian government and its ...

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Maersk Drilling scores two-well extension with Aker BP

Danish offshore drilling contractor Maersk Drilling has been awarded a two-well contract extension from Aker BP for ...

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Eidesvik scoops 5-year deal for Viking Energy PSV

Norwegian oil major Equinor has awarded a contract for one of Eidesvik Offshore’s platform supply vessels.

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Norwegian oil output in December exceeds forecast

Norwegian oil production during December 2019 rose nearly 13 percent  above prediction made by the Norwegian ...

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Nod for Equinor to use 'West Hercules' in North Sea

Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority ...

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Aker Solutions wins FEED job for Troll electrification

Equinor has awarded Aker Solutions a front-end engineering and design contract (FEED) for topside modifications to ...

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