ExxonMobil selling North Sea fields to local firm

Norwegian oil firm Vår Energi, formed through the merger of Point Resources and ENI Norge late last year, has confirmed it’s buying ExxonMobil’s remaining oil field stakes on the Norwegian Continental Shelf. Newspaper Dagens Næringsliv (DN) reports that Vår Energi is expected to pay as much as USD 4.5 billion. Confirmation came after DN  had […]

Full probes set after North Sea drama

Norwegian maritime authorities are promising full-scale investigations into the stormy drama in the North Sea last week that set off evacuations and led to the first fatality on the Norwegian Continental Shelf since 2009. Authorities want to know how a barge could have been set adrift in the storm North Sea last week, threatening several oil […]

Storms set off fatal North Sea drama

UPDATED: The violently stormy weather that’s been sweeping over Norway and the North Sea this week also set off intense drama around offshore oil installations. One man was killed when a huge wave crashed into one rig, and then a large unmanned barge broke loose and started drifting right towards oil installations on the huge Valhall oil field, […]

Norway accused of discriminating against foreign North Sea divers

Oil industry divers who risked their lives in the Norwegian sector of the North Sea during the early days of Norway’s oil industry fought for years to win compensation for injuries they suffered. Claims filed by divers who weren’t Norwegian, however, have been consistently rejected because they weren’t members of Norway’s social welfare system, and now the […]

Memorial unveiled to North Sea Divers

The men who braved the chilly depths of the North Sea to help launch Norway’s oil industry received more official gratitude and a memorial to their efforts this week. Finance Minister Siv Jensen and Labour Minister Robert Eriksson unveiled the memorial at the Norwegian Oil Museum in Stavanger. “The history of the the pioneering divers […]

Rig workers took to the lifeboats

Workers on board Statoil’s Oseberg Øst platform in the North Sea had to spend two hours in the rig’s lifeboats during the night after a supply vessel collided with the rig. The collision sent out a standard alarm that all personnel not involved in emergency preparedness must take to the lifeboats. “This is routine,” spokesman […]

Man fell 600 meters into North Sea

A man in his 30s died on Wednesday after he “managed to get himself out” of a rescue helicopter airlifting him to hospital from Statoil’s Troll A oil platform, police told TV2. The helicopter was still a few kilometers from shore when the man plummeted 600 meters to his death. The man was believed to have been […]

North Sea divers’ battle may be over

Reaction from aging divers who risked their lives during the earliest days of Norway’s offshore oil industry indicates that their lengthy battle for compensation finally may be over. Many seem inclined this week to accept a sweetened offer from the state government. An official apology for the risks they took and the injuries they suffered, […]

Statoil sell-off to be reinvested off Norway

Gains on the sale of some Statoil assets in the North Sea will be reinvested in other major Statoil projects on the Norwegian continental shelf, chief executive Helge Lund said this week. Much of it will be used for development of the huge Johan Sverdrup oil discovery. Statoil announced Monday that it was selling parts […]

Injured divers appeal to Strasbourg

They were pioneers in the earliest days of North Sea oil exploration but have paid a heavy price for their deep and dangerous dives in cold and turbulent seas. The group known as the North Sea Divers has long appealed for compensation for the injuries they suffered, and now they’re taking their campaign to the […]