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01.12.2016

Statoil is one step closer to expanding Snorre

Statoil and its partners at the Snorre field have decided to continue working towards an investment decision in late 2017. In February, the partners decided to go forward with a subsea solution as possible development concept for field expansion.

Source: Offshore.no

01.12.2016

Oil companies invests NOK 25.7 billion

In the past year, Statoil has delivered three development plans (PDO) to the authorities: Utgard, Byrding and Trestakk. In addition, DEA Norway submitted the PDO for Dvalin and Centrica delivered the PDO for Oda. In total, these investments amount to NOK 25.7 billion (€ 2.9 billion). Since 2012, there has not been submitted more PDOs in a year. At the time, the oil price was over $ 110 a barrel.

Source: Sysla.no

25.11.2016

NOGA elects new chairmen

CEO in Lundin, Kristin Færøvik, is elected new chairmen of the Norwegian Oil and Gas Association (NOGA). She will replace CEO in Shell Norway, Tor Arnesen. - I am proud to be part of an important industry, which creates jobs, Færøvik said.

Source: Hegnar.no

22.11.2016

Lundin discovers oil in the Barents Sea

Lundin finds oil and gas approximately 20 kilometers east of the Johan Castberg field. The discovery consists of 3 - 7 million Sm³ of recoverable oil and 1 - 2 billion Sm³ of recoverable gas. This constitutes 25 - 60 million barrels of oil equivalent.

Source: Offshore.no

17.11.2016

Centrica invests NOK 5.5 billion in Oda

Centrica is ready to deliver the development plan for the Oda field in the North Sea. Despite expected development costs of NOK 5.5 billion (€ 606 million), few major suppliers contracts will be announced. The field partners has already signed contracts with FMC, Subsea 7, Aibel and DNV GL. Centrica points out that the supplier contracts has been signed earlier than usual in the project. The aim is to involve the suppliers in the plans for field development.

Source: Offshore.no

17.11.2016

Siemens will reduce employment

Nearly 100 jobs will be downsized or temporary laid off in Siemens Subsea. The employment reduction is primarily effecting the oil suppliers operations in Kongsberg and Bømlo. Siemens has had continuous decline in project for the last two years.

Source: Sysla.no

Press Contact

Verena Sattel
Communication Manager North Sea, Spokesperson

verena.sattel[at]wintershall.com