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Arundo Analytics Initiates Numerous Strategic Partnerships in 2018
Category: Energy
Arundo Analytics, a software company enabling advanced analytics in heavy industry, today announced significant achievements in 2018 including initiating numerous strategic partnerships, adding prominent board members and expanding its international presence. “Asset-heavy companies can no longer afford to make business decisions based on an incomplete view of their organization,” said Tor Jakob Ramsøy, CEO and […]
Source: Business News Wire
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Equinor strengthens its position in the Norwegian Sea
Category: Energy
Equinor and Faroe Petroleum have agreed on a number of transactions in the Norwegian Sea and the North Sea region of the Norwegian Continental Shelf (NCS). These transactions are calibrated as a balanced swap when it comes to value with no cash consideration. “The net effect of our agreement with Faroe is to upgrade Equinor’s […]
Source: World Oil
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Equinor has awarded wired drill pipe contracts to NOV and Schlumberger
Category: Energy
Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digitalization strategy and to prepare for automated drilling. Photo: Intelliserv. The wire inside the drill pipe allows high-speed data transfer. NOV and Schlumberger have been awarded corporate frame agreements for global deliveries […]
Source: World Oil
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Equinor receives green light for a uniquely profitable project
Category: Energy
The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development. Capital expenditures of $918.5 million (NOK 7.8 billion) will help extend the productive life of the Troll field beyond 2050. A unique oil and gas field globally Troll generates highly important to value for […]
Source: World Oil
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Johan Castberg construction begins at Stord, says Equinor
Category: Energy
Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will start cutting the first sheet for the topside of the Johan Castberg vessel at Kværner’s yard at Stord. The construction will create major ripple effects throughout Norway. “Johan Castberg is the next major development on the Norwegian continental shelf and will open a new area in […]
Source: WorldOil
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