Russia’s Yamal LNG Set for 160 Ship-to-Ship Transfers in Norway by Mid-2019

By Lefteris Karagiannopoulos OSLO, Nov 27 (Reuters) - Yamal, one of the world's largest liquefied natural gas (LNG) terminals in Arctic Russia, is expected to export as much as 11.7 million tonnes of LNG in the next seven months through Norway, according to the port hosting its ship-to-ship operations and Reuters calculations. The ramp-up in output puts the Novatek … [Read more...]

Video: AIS Animation Shows Collision Between Oil Tanker and Norwegian Frigate

Check out this an AIS animation below showing Thursday's collision between an oil tanker and a Norwegian frigate taking place in the Hjeltefjorden fjord on the west coast of Norway. As you can see, the tanker Sola TS had just departed a terminal with an escort tug alongside when it collided with the KNM Helge Ingstad, identified in the video as NATO WARSHIP F313, at around … [Read more...]

Norwegian Frigate Intentionally Grounded Collision with Oil Tanker

Update: AIS animation shows the collision between Sola TS and KNM Helge Ingstad. By Terje Solsvik and Ole Petter Skonnord OSLO, Nov 8 (Reuters) - An oil tanker and a Norwegian navy frigate collided off Norway's west coast on Thursday, injuring eight people and triggering the temporary shutdown of a North Sea crude export terminal, Norway's top gas processing plant and … [Read more...]

Newbuild Rig Transocean Norge Lands Six-Well Contract from Equinor with Options

Norwegian energy giant Equinor announced today it has awarded Transocean a six-well contract on the Norwegian continental shelf (NCS) for the newbuild harsh environment drilling rig Transocean Norge. Drilling start-up is scheduled for the summer of 2019 upon delivery of the rig.  The contract also includes options for drilling four additional wells and "is intended … [Read more...]

How the Oil Crisis Gave Norway’s Giant Field a $10 Billion Boost

By Mikael Holter (Bloomberg) -- Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff. That turned out to be perfect timing. The crash forced desperate suppliers like platform builders and offshore drillers to cut their prices, allowing Equinor ASA and the other owners of the giant Johan Sverdrup field to trim … [Read more...]