Despite the fact that oil production is down on the Norwegian shelf it is still very attractive to investors, according to oil and energy minister. According to NPD, 40 percent of the Norwegian oil and gas has already produced. 24 percent of the remaining total volume has been found, while 36 percent are expected to [...]
  |
 Statoil has awarded Aker Solutions a significant part of the frame agreement for inspection services on all of their offshore installations and onshore plants in Norway. The contract period is for four years with options for further extensions up to four years. The yearly volume of the contract will fluctuate, [...] Basic research played a key role when the area of the Norwegian continental shelf was expanded by nearly 250,000 square kilometers. The new boundary is based on specific geologic conditions. Knowledge acquired from a ten-year-old basic research project on geologic conditions of the oceanic crust proved invaluable in ultimately successful negotiations [...]  The purpose of Friday’s presentation, and the documentation submitted last year, is to determine the boundary between the Norwegian continental shelf and the deep ocean floor, which constitutes the international seabed area. All documentation on the Norwegian continental shelf beyond 200 miles has now been submitted in accordance with our [...]  Statoil has completed heavy offshore lifting of two wellhead platforms on the Peregrino oil field offshore Brazil. The development is the group’s largest offshore project outside the Norwegian Continental Shelf. “The Peregrino project is well prepared and eager to continue with carrying out the remaining offshore hook-up and completion work on both platforms,” says [...]  “Future offshore projects will have to meet new quality and cost-efficiency requirements. Statoil and suppliers will need to acknowledge this development if we are to maintain our competitive advantage.” Thus spoke Statoil’s executive vice president in charge of projects and procurement, Gunnar Myrebøe, at the Offshore Strategy Conference held in Stavanger on February 10. [...]  The Tyrihans field was one of five offshore developments to be presented with a Five Star Award at the Deep Offshore Technology (DOT) conference in Houston on Feb. 2 The Statoil-operated oil and gas project in the Norwegian Sea came on stream last July, and has delivered well above its production targets. Ingrid Sølvberg, [...]  Statoil has today been awarded shares in eight exploration licences on the Norwegian continental shelf. The company is operator on six of the licenses. The Norwegian authorities’ awards in predefined areas in 2009 (TFO2009) constitute the seventh round since the inception of such mature area awards in 2003. “We are very pleased with this year’s [...] Investments totaling more than NOK 5 billion will ensure increased production and continued profitability on the Snorre field in the North Sea. Snorre has the largest remaining reserves of Statoil’s fields on the Norwegian continental shelf (NCS). A number of extensive modifications have been carried out in recent years to make the installations more robust [...]  A new method which simplifies drilling operations in unstable formations and thereby saves time and costs has been tested by Statoil on the Brage field. This “liner drilling” solution makes it possible to operate with a well liner attached directly to a steerable drillstring, and represents a global innovation. In conventional drilling, work has to [...] |
 |
|
Copyright © 2013 Norway.com - All Rights Reserved Powered by WordPress & Atahualpa |
||