Norwegian private equity fund HitecVision has restructured oil service group Apply after more than doubling its stake through a £37.5million investment.
Statoil said today that it had reached its 2020 carbon emissions reduction target already.
Norway has given German firm Wintershall permission to drill an exploration well on the Balderbra prospect in the Norwegian Sea.
Japanese firm Inpex has agreed to buy a 40% stake in a licence in the Barents Sea from Bayerngas.
Norway’s offshore safety watchdog said today that it had uncovered a number of flaws in Statoil’s drilling and well operations on the Visund A facility.
Austrian oil company OMV’s appraisal well on the Wisting discovery in the Barents Sea has encountered an oil column, the Norwegian Petroleum Directorate (NPD) said today.
Statoil and Eni have jointly awarded Bristow contracts for two Sikorsky S92 helicopters operating out of Hammerfest, Norway.