Norwegian Energy Company (UK) Ltd, a fully owned subsidiary of Norwegian Energy Company ASA, has entered into an agreement to sell 35 percent of UK license P2032 to Total E&P UK. After this transaction, Noreco will keep a 15 per cent ...
Maersk Drilling has signed a contract with Premier Oil Norge AS for the jack-up Maersk Guardian for a one well drilling operation, the Myrhauk exploration well, in the Norwegian North Sea. The duration of the contract is approximately 62 ...
The Norwegian Petroleum Directorate (NPD) has completed the mapping of possible CO 2 storage sites on the Norwegian shelf, and will publish an atlas of the southern part of the Barents Sea today. The atlas was prepared on request from the ...
The Board of Directors of Algeta ASA unanimously recommends voluntary cash offer from Bayer to acquire the entire issued share capital of Algeta ? Offer at NOK 362 per Algeta share, in cash, valuing the total share capital of Algeta at ...
Rocksource ASA("Rocksource"or"the Company")announces that the Company has executed closing of the farm-in agreement with Fortis Petroleum Norway AS for a ten per cent interest in licences PL 509S&BS on the Norwegian Continental Shelf(NCS). ...
Tags: Rocksource, farm-in agreement, Fortis Petroleum Norway AS, PL 509S&BS
Upper-end upholstery producer Ekornes has signed a letter of intent to acquire fellow Norwegian producer IMG for an undisclosed price. Ekornes officials said the deal will give the company a new growth platform for upholstered seating at ...
Tags: Upper-end upholstery, Ekornes, Norwegian Producer, Acquiring
The lifetime of the Oseberg field has doubled thanks to the steady increase in recoverable resources. December marks the 25th anniversary of the Oseberg field centre. Current plans call for production up to around 2040. "The Oseberg ...
Tags: Oil and Gas News, Oseberg, 25th Anniversary, Going Strongv
Stockmann Group' announces revenue in November 2013. The Stockmann Group’s revenue amounted to EUR 158.2 million in November 2013. Excluding the terminated franchising operations in Russia and Finland, revenue was down 4.5 per cent ...
Tags: Stockmann, Fashion Chain Division
Wintershall, a 100% BASF subsidiary, is optimizing its portfolio through divesting its share in selected assets on the UK Continental Shelf. Through the transaction, the Hungarian MOL Group will acquire 14 licenses in the North Sea, ...
CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract ...
A group comprised of 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Statoil is the operator of the project. At the request of the Norwegian Ministry of Petroleum and ...
Tags: Metallurgy, Mineral, Energy, oil, gas
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 25/10-12, cf. Section 8 of the Resource Management Regulations. Well 25/10-12 will be drilled from the Island Innovator drilling facility at ...
Tags: Oil and Gas News, Drilling Permit, Norwegian Petroleum Directorate
Chongqing-based Chinese automaker Changan Automobile Co. and Chinese steel giant Baosteel Group have established a joint auto steel laboratory to carry out research and development on auto steel products, as announced by Baosteel Group on ...
Tags: Baosteel, Changan Auto, research laboratory, auto steel, steel
Aibel is to carry out modifications to Kristin valued at NOK 200 million. The task is to connect the platform to the new Polarled pipeline. The contract has been awarded as a part of the framework agreement Aibel has with Statoil on ...
Tags: Oil and Gas News, Aibel, Kristin, Polarled pipeline
Statoil ASA has together with its partners Eni Norge AS and Petoro AS made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea. Well 7220/7-2 S, drilled by the rig West Hercules, has proven ...
Tags: Oil and Gas News, New Oil and Gas Discovery, Johan Castberg