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Norway

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Norway Oil Drilling Rig Workers Agree Wage Deal, Avoid Strike

June 22, 2016

Workers on Norwegian offshore oil drilling rigs signed a new wage deal on Wednesday, avoiding a strike, labour unions and employers said in separate statements. Some 280 rig workers had threatened to strike if the talks failed, including staff on Rowan Companies’ Viking and Gorilla rigs, and on the Statoil-operated Heidrun, Statfjord, Aasgard, Volve and… Continue Reading »

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Fugro to play key role in Norway’s coastal highway improvement programme

June 6, 2016

The Norwegian Public Roads Administration (NPRA) has awarded Fugro a contract worth 111 million NOK for environmental measurements in connection with the planned Coastal Highway (Route E39) that will run from the South of Norway (Kristiansand), along the west coast and into central Norway (Trondheim). This is probably the largest contract of its kind to… Continue Reading »

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BRIEF-Norway’s prime minister: No plans to change oil industry taxes

June 6, 2016

Norwegian Prime Minister Erna Solberg told parliament: * No plans to change oil industry taxation * Changing oil industry taxation would likely lead to higher unemployment * “This would be the wrong time to change conditions. I won’t give the oil industry signals today that we are changing conditions, that would lead to fewer jobs.”… Continue Reading »

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Statoil Scraps Plans to Reduce Helicopter Turn-around Times Along with Other Proposed Cuts

May 10, 2016

Top executives at Norwegian oil company Statoil have responded to workers’ concerns and even fears over their helicopter transport to North Sea oil and gas fields. After Friday’s fatal crash of a helicopter near Bergen, Statoil has decided to delay implementation of proposed cutbacks in its helicopter program that were aimed at making it more… Continue Reading »

Uncategorized
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Repsol Gets Nod for Varg Decommissioning

May 7, 2016

The Petroleum Safety Authority Norway (PSA) has granted Repsol a consent for the removal of Petrojarl Varg and subsea structures on the Varg field. Varg is an oil field in the North Sea, around 220 kilometres south-west of Utsira in Rogaland county. The field was developed using the Varg A wellhead facility, subsea structures and… Continue Reading »

Uncategorized
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Lundin Petroleum acquires an additional 15 percent interest in the Edvard Grieg field

May 5, 2016

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that Lundin Petroleum and its wholly-owned subsidiary Lundin Norway AS (Lundin Norway) have entered into agreements with Statoil ASA (Statoil) and its wholly-owned subsidiary Statoil Petroleum AS (Statoil Norway) under which Lundin Norway will acquire Statoil Norway’s entire 15 percent interest in the Edvard Grieg field… Continue Reading »

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