Maersk Oil Welcomes Encouraging Agreement for a Full Redevelopment of the Tyra Field
Maersk Oil has, on behalf of the Danish Underground Consortium (DUC), reached an agreement with the Government of Denmark which will facilitate future oil and gas investments in the Danish North Sea and protect industry jobs in Denmark.
Proceeding with Phase 2 of the Johan Sverdrup Development
The Johan Sverdrup partnership has now decided to proceed with (DG2) Phase 2 of the Johan Sverdrup development, awarding FEED contracts to Aker Solutions, Kværner and Siemens.
Kvaerner to Upgrade the Njord Platform
Statoil has awarded Kvaerner the contract for complete upgrade of the Njord A platform. The contract has an estimated value of around NOK 5 billion and will amount to about 3,000 man-years.