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Articles for Location: Norway

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New Oil and Gas Discovery by the North Sea Troll and Fram Area

11.04.2022
Equinor, which is the operator of production licence 293 B, has discovered oil and gas close to the Troll and Fram area. Based on preliminary estimates the size of the discovery is between 4 and 8 million standard cubic metres of recoverable oil equivalent, or 25-50 million barrels of recoverable oil equivalent.

Argeo Commissions a New State-of-the-art HUGIN AUV from Kongsberg Maritime

25.03.2022
The Norwegian subsea survey and inspection company Argeo AS has further consolidated its warm business relationship with Kongsberg Maritime (KM) by acquiring another of KM’s HUGIN AUVs. The news comes a mere five months after it was confirmed that Argeo had signed the first commercial contract to deploy Eelume’s game-changing autonomous ‘snake robot’ – an advanced robotic solution developed in collaboration with Kongsberg Maritime as a majority shareholder.

Subsea 7 Awarded Krafla FEED Contract in Norway

04.03.2022
Subsea 7 today announced the award of a contract by Equinor for the front-end engineering and design (FEED) study for the marine installations associated with the Krafla development project, offshore Norway. The awarded work is required to finalise the technical definition of the proposed development prior to Equinor and its partners making the final investment decision (FID) planned late 2022. The FEED study will begin immediately.

Ocean Technology Companies Nortek AS, Strategic Robotic Systems, and Blueprint Lab merge to form General Oceans AS

22.02.2022
The three ocean technology companies Nortek AS (Norway), Strategic Robotic Systems (USA), and Blueprint Lab (Australia) have merged to form a common holding company, General Oceans AS. Together, the three companies have almost 200 employees and operate across all major segments of the ocean technology market. Revenues in 2022 are expected to reach $63 million with focus on vehicles, actuators, and sensors.

World’s Deepest Diving Three-Person Acrylic Submersible is Ready for Launch

02.02.2022
REV Ocean’s advanced, three-person submersible is nearing official launch, with sea trials scheduled for February and March 2022. While we wait for the REV Ocean research vessel to be delivered, the new sub will be used to champion ocean solutions with our partners and network. Keeping with tradition for naming submersibles, REV Ocean is sponsoring a public naming competition until March 1st, 2022.

C-Kore Celebrates Successful Umbilical Monitoring Campaign with Vår Energi in Norway

20.12.2021
C-Kore Systems successfully completed an umbilical monitoring campaign for Vår Energi on their Balder Future project in Norway. The C-Kore Cable Monitor units were used to test the insulation resistance and continuity of the umbilical electrical lines during installation. With their automated test routine, the C-Kore units quickly and repeatedly tested and data-logged measurements of cable integrity, reducing the testing time required.

Subsea 7 Awarded Contract Offshore Norway

18.12.2021
Subsea 7 today announced the award of a sizeable1 contract by Aker BP for the Hanz field development located in the North Sea. The project involves a subsea tie-back of approximately 15 kilometres to the Ivar Aasen platform. The contract scope includes engineering, procurement, construction and installation (EPCI) of the gas lift and production pipelines, and associated subsea infrastructure, using vessels from Subsea 7’s fleet. The production pipeline is a pipe-in-pipe design.

DNV Ocean’s Future to 2050: Rapid Growth of Offshore Wind will Trigger an Unprecedented Race for Ocean Space

16.12.2021
The exponential growth of offshore wind power will be the main driver of a nine-fold increase in demand for ocean space by the middle of the century, according to DNV’s Ocean’s Future to 2050. The report forecasts that by midcentury, offshore wind will require ocean space which is the equivalent to the landmass of Italy. The growth will be particularly pronounced in regions with long coastlines and presently have low penetration of offshore wind. Demand for ocean space is set to grow 50-fold in the Indian Subcontinent and 30-fold in North America.

Reach Subsea Acquires Geophysical Monitoring Solutions Provider OCTIO

08.12.2021
Reach Subsea ASA, a provider of subsea services globally, today announced that the Company has entered an agreement with Equinor Ventures AS to acquire OCTIO AS, a provider of monitoring solutions for hydrocarbon producing fields and CO2 storage reservoirs.

Maersk Drilling Announces Agreement to Merge with Noble

11.11.2021
The Drilling Company of 1972 A/S (“Maersk Drilling”) today announced that it has entered into a definitive agreement to combine with Noble Corporation (“Noble”) in a primarily all-stock transaction. The combined company will be named Noble Corporation, and its shares will be listed on the New York Stock Exchange and Nasdaq Copenhagen. The transaction is targeted to close in mid-2022.

Argeo Chooses Kongsberg Maritime-supported Eelume Autonomous Underwater Inspection Solution

08.11.2021
Argeo AS, a survey and inspection company focused on subsea data acquisition and visualisation, has selected Eelume’s autonomous ‘snake robot’ to assist in their operations in the first commercial contract to be signed for this innovative technology. Eelume’s advanced robotic solutions have been developed with the assistance of Kongsberg Maritime, who remain a majority shareholder in the venture.

Ocean Infinity Acquires Red Rock AS

12.10.2021
Ocean Infinity, the marine robotics company is excited to announce that it has acquired Red Rock, a technology company with solutions that will enable autonomous port operations; a key enabler for future uncrewed shipping.

COSLPromoter to Drill for Statfjord Subsea Fields

08.10.2021
Equinor has awarded COSL Offshore Management AS a contract to drill four wells on Statfjord Øst with the COSLPromoter rig from the spring of 2023. In addition, the rig has options for drilling five wells for Statfjord satellites afterwards.

New Tool for Ovality and Wall Thickness Inspection in Tight Areas

07.10.2021
TSC Subsea, a global specialist in developing advanced subsea inspection solutions for challenging situations, has designed yet another new remotely deployed tool. The ART vCaliper is designed specifically to inspect ovality and wall thickness in constricted locations.

Rovtech Solutions Ltd and Deepsea Solutions AS, have formed a Memorandum of Understanding to Formalise their Newest Business Venture

06.10.2021
Deepsea Solutions AS, located just outside Stavanger in Norway, specialise in the sale, service and design of ROVs, ROV components, and subsea solutions. Deepsea Solutions works towards the whole subsea segment in Scandinavia and offers a broad range of standard and bespoke engineered products for subsea projects. They have a long record with developing ROV Solutions and optimizing tooling for the industry.

Subsea 7 Awarded FEED Contract in Norway

17.09.2021
Subsea 7 today announced the award of a contract by Aker BP for the front-end engineering and design (FEED) study for the NOA Fulla development project, offshore Norway. NOA Fulla is located in the southern part of the NOAKA area in the Norwegian North Sea.

Making Oceanographic Data of Extraordinary Quality Accessible to a Wider Audience

17.09.2021
Alseamar, a producer of glider UUVs, has been able to produce highly accurate data plots of current profiles from large swathes of the water column. A combination of tailor-made algorithms, underwater gliders and a high-performing ADCP from Nortek has helped break new ground for the oceanographic community, making high-quality data more accessible for a multitude of stakeholders.

Offshore wind: New Ocean Grid project in the North Sea

03.09.2021
The Norwegian Minister of Trade and Industry, Iselin Nybø, announced today that the Ocean Grid project will get financial support of 82.7 million NOK, through the Green Platform scheme. The project will develop new technology, knowledge and solutions to enable a profitable development of offshore wind on the Norwegian continental shelf. It will look particularly at the way offshore wind will be connected to the grid. The work will touch on both bottom-fixed and floating wind farms, and will in the long term enable the creation of green jobs and increased export revenues.

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