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Norwegian Sea

EMGS Receives New contract From Tullow Oil

BOA Thalassa

  Electromagnetic Geoservices ASA (EMGS) has received a signed contract from Tullow Oil Norge AS worth USD 7.7 million for 3D EM data acquisition in the northern part of the North Sea. "We are delighted to work with Tullow again, and also, encouraged to see contract coverage in the Norwegian waters continue to develop favorably. Adding a multitude of contracts to our multi-client activities this year should result in the most active year in Norway to date," said Roar Bekker, CEO of EMGS. The survey is expected to commence in August, using the vessel BOA Thalassa. This comes within a week of EMGS having received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea. In addition, EMGS had signed two data licensing agreements with two new customers, amounting to a total of USD 2.0 million. The agreements relate to provision of 3D EM data from EMGS's multi-client data library in the Barents Sea and the Norwegian Sea.

EMGS - New Contract In Norwegian Sea

Electromagnetic Geoservices ASA (EMGS), the marine EM market leader, has received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea.   The survey is expected to commence in June, using the vessel BOA Thalassa. According to Svein Knudsen, EMGS chief financial officer: EMGS, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons

Statoil: Polarled Pipe-Laying Kicks Off

The Polarled pipe-laying operation is scheduled  to be completed by the end of August. (Photo: Lillian Aasheim/Shell)

On 26 March, the Solitaire pipe-laying vessel started on the first stage of the Polarled installation project. The 482-kilometre long pipeline will transport gas from the Aasta Hansteen field in the Norwegian Sea to Nyhamna in western Norway. Statoil is operator during the development of the Polarled project and therefore responsible for laying the pipeline between Aasta Hansteen and Nyhamna. As operator for the gas plant

Mobil Starts Production In Norway

Mobil Corp. said that production began from the world's largest subsea development, the Asgard oilfield in the Norwegian Sea, operated by Norway's state oil company Statoil and in which Mobil has a 7.35 percent stake.

EMGS - Agreement with Statoil for the Norwegian Sea

3D EM data acquisition

  Electromagnetic Geoservices ASA (EMGS) has received a supplement agreement from Statoil Petroleum AS worth approximately USD 1.0 million for multi-client 3D EM data acquisition in the Norwegian Sea.   The Company expects to commence the survey shortly, after completing the survey for Statoil announced on 2 June 2014 in the same area, using the vessel Atlantic Guardian.

EMAS Wins Statoil Contract

EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced today that it has won a contract from Statoil for the transport and installation of subsea templates for the Norwegian Sea’s deepest offshore project – the Aasta Hansteen field development. The Aasta Hansteen field development, with a water depth of 1,300 meters, is located in the Norwegian Sea, 300 km west of Bodø

Noreco, North Energy Agree Asset Transfer on PL484


  Norwegian Energy Company ASA (Noreco) has agreed to transfer its 30 per cent ownership in PL484 in the Norwegian Sea to North Energy ASA (North). The transfer is subject to government approval. Further, the companies have agreed that Noreco, under certain conditions, has a right to re-enter the licence with a reduced equity share in the future. The transfer of ownership in PL484 was originally part of an asset swap deal announced in summer 2014

OW Bunker Buy Two Bunker Barges

OW Bunker acquire two bunker barges for Nordic operations: 'OW Copenhagen' and 'OW Aalborg'. Prior to the acquisition, OW Bunker operated both vessels on a bare-boat charter from international shipping company the Clipper Group. OW Copenhagen and OW Aalborg are modern double-hulled 3,500dwt tanker barges, built in 2006 and 2005 respectively. Both vessels have a tank capacity of 4,260 m3, fast pumping rates of up to 600 m3/hr and are oil major approved

Wintershall Takes Over Operatorship of Norwegian Subsea Oil and Gas Field

  Photo courtesy of Wintershall

  Wintershall has taken over the operatorship of the subsea oil and gas field Vega from Statoil, Wintershall announced today.   Vega is the BASF subsidiary’s first operated subsea tie-in field in Norway. With this transfer, Germany-based Wintershall now operates two production fields on the Norwegian Continental Shelf, Brage and Vega.    The takeover of the Vega operatorship is part of a transaction with Statoil that was completed in December 2014

Tronstad Named President of Aker Kvaerner Verdal

Nina Udnes Tronstad joins Aker Kvaerner as President for the offshore yard at Verdal. She comes from a position as Executive Vice President for HSE in Statoil where she has been a member of the corporate executive committee since April 2005. She will start 1 September 2007. She will report to Mr. Bjørnar Skjevik who will return to his position as head of Aker Kvaerner's fabrication yards. The team of Presidents at Aker Kvaerner's Norwegian offshore yards will consist of:

EMGS Reports $1.6m Multi-client Sales

Electromagnetic Geoservices (EMGS) reported multi-client sales from Barents Sea and Norwegian Sea   Marine controlled-source electromagnetic (CSEM) data provider EMGS informs it has entered into two new data licensing agreements with two oil companies for the provision of 3D EM data from

Polish Oilfirm Goes Arctic

Image: Environmental Action

 Polish energy company Polskie Gornictwo Naftowe i Gazownictwo (PGNiG) will compete with Russian companies Rosneft and Lukoil, as well as a number of other companies, for Norwegian Arctic licenses.   If successful, PGNiG could potentially get license stakes in projects located directly

DeepOcean Secures BG Group IMR Deal

Image: DeepOcean

 DeepOcean has secured a contract with BG Group for inspection, maintenance and repair (IMR) work on the British operator’s subsea assets off the UK and Norway.   The Norwegian contractor will use vessels from its North Sea-based fleet to carry out work under the five-year deal

High-tech Car Ferry Debuts: It’s Electric

IMG_1374 WEB.jpg

Norwegian Car Ferry Debuts World’s First All-Electric Propulsion System Norled Ampere, the world’s first all-electric car ferry, began service this year carrying up to 120 cars and 360 passengers across the 4.2-mile (6.8 km) Sognefjord channel that separates Norway’s villages of

Liodden Named Director of Nor-Shipping

Birgit Liodden (Photo: Norwegian Trade Fairs)

Norwegian Trade Fairs has appointed Birgit Liodden as the new Director of Nor-Shipping.   Liodden, still just 32 years old, holds a CV that includes tenures at Wilh. Wilhelmsen, external consultancy for OECD and SeaTrucks Nigeria, and numerous board level positions for, amongst others

Subsea 7 Bags Norwegian North Sea Contract

Subsea 7 S.A. announced it has been awarded a pipeline and construction contract worth approximately $300 million from Wintershall Norge AS for the Maria field development.   The contract consists of engineering, procurement, construction and installation (EPCI) of 95 kilometers of rigid

Norwegian Launches Legal Weddings at Sea

Pic by Norwegian Cruise Line

 If you've dreamed of tying the knot at sea onboard a Cruise ship, you can now do so legally. Norwegian Cruise Line is inviting couples to tie the knot with new legally recognized ceremonies at sea aboard certain ships.   The Miami-based cruise line said Thursday that captains will

Putin Puts Northern Fleet on Full Combat Alert

Ships of Russian Navy Northern Fleet. Photo: Gazprom

 Russian President Vladimir Putin put the nation’s northern fleet on full alert in the Arctic Ocean this week, as the U.S. and several Eastern European NATO countries conduct a series of military exercises near Russia's border.  

Collaboration Sought for Arctic Emergency Strategies

Photos courtesy of DNV GL

As offshore field developments in the North and Norwegian Seas face maturity, operators on the Norwegian Continental Shelf (NCS) are looking to the more remote areas of the Barents Sea for further development. Here harsher environmental conditions

Reports on Rosneft Arctic Projects

Artur Chilingarov

On December 18, Member of Rosneft Board of Directors, special representative of President of the Russian Federation on international cooperation in the Arctic and Antarctic Artur Chilingarov made a report "Russia and Norway: Prospects for Cooperation in the Arctic" at the Fridtjof

EMGS Reports Multi-client Sales

New multiclient data Barents Sea sales for EMGS

  Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. "This sale confirms the increased recognition of the

Statoil: Gas discovery in Pingvin

Pingvin map.gif

Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in a frontier unexplored area of the Barents Sea northwest of Johan Castberg. The discovery well 7319/12-1

EMGS Reports Multi-client Sales

CEO Roar Bekker

  Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement with a customer worth USD 3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.   "It satisfying to note that our multi-client library continue to

EMGS - New Contract in the Norwegian Sea

The Company expects to commence the survey using the vessel Atlantic Guardian.

  Electromagnetic Geoservices ASA (EMGS) announced an agreement from Statoil Petroleum AS for the Norwegian Sea. EMGS has now received a new contract from another oil and gas company worth USD 1.0 million for acquisition of 3D EM data in the nearby area.  

EMGS - Vessel Update and Activity for 2Q 2014

Courtesy EMGS - Schematic view of a controlled source electromagnetic (CSEM) survey

  Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as the percentage of the vessel charter period spent on contracted or multi-client data

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