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Statoil and Lundin at final stage decision on Norway Johan Sverdrup

Statoil and Lundin to award FEED on Johan Sverdrup Statoil from Norway, Lundin Petroleum (Lundin) from Sweden, and their respective partners, Maersk Oil (Maersk) from Denmark, Det Norske from Norway, and Petoro from Norway, are reaching the final stage of decision to award the front end engineering and design (FEED) contract to develop the giant …

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UK new tax policy triggers North Sea Kraken heavy oil development

EnQuest to award Kraken FPSO to Bumi Armada The Scottish joint venture made of Aberdeen-based EnQuest and First Oil plc ( First Oil) companies together with the Edinburgh-registered Cairn Energy plc (Cairn) have issued a letter of interim agreement (LOIA) to the Malaysian engineering company Bumi Armada (Bumi) for the design and construction of the …

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Det norske, Statoil and Bayerngas award Norway Ivar Aasen platform

SMOE and Mustang win Ivar Aasen topsides EPC Previously named Draupne, the Ivar Aasen project is taking a leap with the decision made by Det norske and its partners Statoil and Bayerngas to award the engineering, procurement and construction (EPC) contract to a team of contractors made of SMOE and Mustang from the Wood Group. …

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Seadrill in brief

Setting the standard in drilling The actual Seadrill assets results from the consolidation of several companies operating in the offshore drilling sector. Registered in Hamilton, Bermuda Islands, in 2005, Seadrill Limited (Seadrill) is listed in Oslo and New York Stock Exchanges. One of the major Seadrill’s acquisition relies on the Norwegian Smedvig asa in 2006. …

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Statoil to revise upward Johan Sverdrup with Geitungen discovery

Geitungen rises Johan Sverdrup beyond Statoil’s expectations on Utsira High While Statoil and its partners, Maersk, Petoro, Det norske oljeselskap and Lundin, are running intensive discussions to develop the giant Johan Sverdrup fields, the Geitungen discovery confirms all the potential of the still unexplored  Utsira High areas within the Norwegian Continental Shelf (NCS). Located 140 kilometers west …

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Norway approved Total $4.2 billion Martin Linge project

Total lowers Carbon Footprint with Power from Shore Previously called Hild, the Martin Linge development belongs to Total E&P Norge AS (51%), the operator, Petoro AS (30%) and Statoil Petroleum AS (19%). End of March, the Norwegian Government approved the development plan for the Martin Linge oil and gas field. Total capital expenditure is estimated to $4.2 …

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