NEWS

Government: Announcement of Awards in Predefined Areas (APA) 2019

Category: Energy

The Norwegian Ministry of Petroleum and Energy announces this year’s licensing round in mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2019. – I am delighted to announce this year’s APA round. We are continuing our practice of offering regular concessions on the NCS to provide the industry access to […]

Source: regjeringen.no

Bloomberg: Here’s What Lawmakers Want to Do With Norway’s $1 Trillion Fund

Category: Business and Investment News

Key lawmakers gave a nod to a range of changes for Norway’s $1 trillion sovereign wealth fund — from divesting some of its oil stocks, to an overhaul of its fixed-income holdings and tighter restrictions on coal investments. But even after one of the most eventful years in the fund’s history, more change could be […]

Source: Bloomberg

Equinor: Awarding contracts worth NOK 2.5 billion

Category: Business and Investment News

Equinor has awarded drilling service contracts at a total value of about NOK 2.5 billion, exclusive of options, to several suppliers. The services will be delivered to both new and existing fields on the Norwegian continental shelf. Contracts for services related to liner hangers were signed in Equinor’s digital laboratory at Forus, Stavanger, on 14 […]

Source: Equinor

World Oil: Equinor increases share in deepwater Gulf of Mexico from Shell

Category: Business and Investment News

STAVANGER — Equinor has exercised its preferential rights to acquire an additional 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash. This will increase Equinor’s interest from 23.55% to 46.00%. Anadarko remains the operator with a 33.75% interest, and Chevron retains its 20.25% […]

Source: World Oil

Published: May 1, 2019

gCaptain: Contract Signed for First Classed Offshore Wind Vessel in US by DNV GL

Category: Business and Investment News

Classification DNV GL on Wednesday announced it has been awarded a contract to class a purpose-built offshore wind vessel built in the United States. The contract was awarded by WindServe Marine, LLC covering for offshore Crew Transfer Vessel for Ørsted North America. The contract covers the construction of the vessel, which will be the first […]

Source: gCaptain

Published: May 8, 2019