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New and developing opportunities in North Norway:

The Barents Sea region is a new, developing and long term opportunity where there is a high demand for additional capacity, knowledge and experience which the UK have been asked to provide.

One of our Norwegian clients we met this week has just won a £675m contract for work in North Norway. Aker, Aibel and Fabricon share £5.5 billion worth of work, according to Statoil. They are all interested in accessing the UK supply chain to service some of their work in the North. We would love to introduce you to them and others who could use your support!

"Finding UK companies with experience in engineering industries such as mechanical and electronics will be vitally important to help support the growing industry and opportunities in the Barents Sea region." - Arvid Jensen, MD of Petro Arctic.

We are taking a delegation of UK companies to the Barents Sea Conference to meet 350 operators, MMO's and supply companies operating in the region who want to develop their supply chain with companies like yours through trade and partnerships in order to take full advantage of the new opportunities in North Norway.

Four of the five delegation spaces have been taken. We have one space remaining!

We can send you full details once you register your interest.

Alternatively, as we know not everyone can make it:

1. We give your company information (in Norwegian) to the attendees.
2. Your information will be provided as a solution in our workshops.
3. You information will be used by our guys on the ground in North Norway to connect you with applicable potential partners.

If your are up for it, just email or give us a call.

Events

North Norway is on the verge of a "golden age" and Norway2UK will be taking a delegation of UK companies to the Barents Sea Conference (BSC) 23rd-25th April 2012. Space is limited and offered on a first come first serve basis.

We have one space remaining!

The Barents Sea region is a new and developing opportunity where there is a high demand for additional capacity and competence which the UK can provide. UK companies have the opportunity to discover new opportunities and met with key operators and suppliers delivering to the industry.

Companies who can't attend can join our eBook & App which will be distributed to attendees which include the key decision makers for the Barents Sea development in North Norway. Read More...

MOD2012 is one of the most important and largest oil conferences. This year the conference celebrated its 15th anniversary.

There where announcements of major growth in maintenance and modifications on the Norwegian continental shelf, the conference had a record attendance of 603 participants and over 40 exhibitors.

Norway2UK exhibited at MOD2012 with a delegation of UK companies who gathered with the Norwegian supplier industry, petroleum companies and authorities, to participate in the development of the industry.

News

Statoil moves north

Statoil will establish a new operating area on the Norwegian shelf. The new operating area is located in Harstad and will be operational from the first half of 2013.

This will reinforce our presence in Northern Norway and help to ensure future value creation from the fields to the north.

Lund adds that there are expectations of more activity related to the north, further exploration in open areas and in areas that are expected to be made available to the petroleum industry. Initially, the Barents Sea east and then the areas in the northeastern Norwegian Sea.

Join the North, or forget Shell billions

Norske Shell will soon award a contract for the rebuilding of the plant Nyhamna. The contract will be in the same magnitude as Aibel the contract was awarded to 28 February, which was 6 billion, said Bernt Granås, the Norwegian director of Shell's projects in Norway.

My challenge to the supplier industry is that they must look at their strategy to establish itself in the North. Aibel has already done so. This is a sign that the industry is increasing focus towards the north, he concludes.

Expect a lot from the north

Growth and development in the North Norway was in focus, as the newly appointed head of the government's Northern Committee, Hans Olav Karde, began the evening at an award ceremony with a lecture on the development of the region. Karde pointed to a number of industries with growth potential in the north, and especially on the great potential of the petroleum industry, but also said that the realisation of growth potential requires national priorities.

Rich natural resources provide hope for future growth, but there are challenges related to recruitment and infrastructure, says Karde, who is CEO of SpareBank 1 Northern Norway, and a prominent figure in the northern Norwegian industry and society.

North Sea set for a two-year high

Offshore accommodation provider Prosafe says the North Sea market is expected to stay strong for the next two years as developments within mature fields continues to provide a pipeline of new opportunities. Read More...

A £3.3 billion opportunity

An industry expert has suggested that there is potential for some 50 decommissioning projects in the North Sea in the next five years with an expected investment of £3.3 billion. Read More...

2011 figures show huge investment increase

Total investments in Norwegian oil and gas industry - including pipeline transportation - accounted for NOK 146.3 billion in 2011. There is an increase of NOK 20.9 billion from 2010. For 2012, the company adjusted the estimates to a record high of NOK 186 billion. Read More...

Newcastle-based DUCO is subsea industry's company of the year

Newcastle manufacturing company, DUCO Ltd, based in Walker's Offshore Technology Park, has been named Company of the Year by a respected business organisation.

DUCO provides umbilical systems and services, which form the connection between oil platforms and subsea infrastructure to enable the operation of equipment in water depths to 3,000 metres. Read More...

Luva may herald start of deep-water development in Norwegian Sea

Statoil, together with its Luva field partners, has selected a spar platform to develop the field. As a gas transport solution has also been decided, a major step has now been taken towards deep-water production in the Norwegian Sea. Read More...

Norwegian - Russian cooperation in the Arctic

The Norwegian Ministry of Foreign Affairs has announced NOK 6 million in funding towards a Norwegian–Russian petroleum technology assessment project for the Arctic region. The aim of the project is to assess the gap between the technology currently available and the technology needed for extracting oil and gas resources in the Barents Sea in an environmentally sound and safe way. Read More...

Statoil: new rig concept to improve recovery

Statoil is preparing an invitation to tender for a new type of drilling rig for mature fields on the Norwegian continental shelf (NCS). The new rigs, known as category J, will be jack-ups designed by the industry on behalf of Statoil. Statoil will propose for licence groups to take on ownership of these rigs. Read More...

More gas through subsea compression

Norwegian energy producer Statoil and its partners want to compress gas on the seabed to boost recovery. Subsea compression was recently selected as the preferred concept for Gullfaks. Read More...

Mech-Tool Engineering Ltd opens new Aberdeen office

Mech-Tool is pleased to announce the opening of their new office in Aberdeen to further support the offshore oil, gas and renewable industries with its extensive portfolio of turnkey fire/blast protection and modular solutions. Read More...

Increased manpower to the oil adventure in the North.

The number of jobs in Hammerfest related to oil and gas can be doubled within the next few years. On Monday the Reinertsen announced that they will establish themselves in the town. It can provide as many as 250 new jobs. A study by NRK has shown that companies Aibel, ABB, Aker Solutions, Apply Sørco, Haki, IKM, Statoil and ENI all have plans to establish or expand in Hammerfest within a short period of time. Read More...

Kongsberg Evotec establishes new cranes and lifting department

Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has established a new department dedicated to developing its crane and lifting products for the offshore supply and subsea segment. The department, which opened officially in January 2012 is based in Molde, Norway, with production taking place at the Kongsberg Evotec headquarters in Gurskøy, Norway. Read More...

Key Projects

Apply Nemo gets Statoil contract

Apply Nemo has signed a NOK 35 million contract with Statoil for the provision of an "Automated Multi Pig Launcher" (AMPL) to the Fram field in the North Sea.

400 million to FMC Technologies

FMC Technologies will supply subsea systems for front-H North project. The agreement is valued at 400 million for FMC Technologies. The delivery includes a subsea Christmas trees, a manifold and a multi-phase meter. The company will also supply a template, an umbilical, two wellheads and associated control systems.

Foster Wheeler up North for Snøhvit

Foster Wheeler is understood to have finished the pre-FEED work on the $4 billion project. The contractor is now bidding for the full FEED contract which is expected to be awarded by the end of the first quarter this year. Statoil is planning to expand the Snøhvit liquefied natural gas project in northern Norway via a second liquefation train.

Wood wins at UK gas plants

Shell UK has selected Wood Group to continue providing engineering support services at two of its UK gas plants under two year contract extensions worth £75 million. Wood Group will continue to provide midstream engineering and construction services.

Nexen nails controls supplier for Golden Eagle

Nexen UK is continuing to award key contracts for its major UK North Sea Golden Eagle development with the latest a deal for delivery of an integrated control and safety system awarded by Nexen to Yokogawa UK Limited

Statoil contracts to Technip

Technip has collected two contracts worth a total of €45m to progress three Norwegian offshore developments. Technip is to perform deepwater testing of new hot-tap equipment, and a Pipeline Repair System as well as the installation and tie-in of spools and a power cable and a midline tie-in.

Aker Solutions wins one billion contract

Statoil has awarded Aker Solutions the contract to upgrade the drilling equipment on Snorre A platform. The contract has an estimated value of NOK 1 billion.

Aibel wins contract for Draugen 6 billion

Aibel has been awarded a framework agreement with Norske Shell for modifications based on inspections of the Draugen platform. The contract has a value based around NOK 6 billion.

BIS receives Statoil contract

BIS Production Partner has been awarded a framework agreement for all Statoil's offshore installations and onshore facilities in service and engineering support for rotating machinery. The value is estimated to be NOK 250-300 million including options.

Company Focus

This month we will be focusing on two of the companies attending our Barents Sea market visit.

Soil Machine Dynamics Ltd. is one of the world's leading manufacturers of remote intervention equipment, operating in hazardous environments worldwide.

Our company mission is to provide the best underwater equipment, underpinned by excellent engineering, first class technical support, training, documentation and provision of spares.

The Barents Sea market visit is an excellent opportunity to offer our world class service to the new and developing oil & gas activities in North Norway. Norwegian profile available here.

DUCO Ltd manufactures bespoke subsea umbilical systems for the oil and gas industry. DUCO Ltd also manufactures and supplies flying leads, high pressure hoses and end fittings, subsea and topside hardware and offshore services.

Today, DUCO is part of Technip Umbilical Systems which has designed, manufactured and supplied subsea umbilicals to the oil and gas industry for over 30 years.

The trip to the Arctic gives an opportunity to provide our experience and expertise to support the companies and activities in the area. Norwegian profile available here.

Finally...Norwegian tall ships race to the UK

It has been announced that the historical Norwegian tall ships Statsråd Lehmkuhl, Sørlandet and Christian Radich will dock in the Shetland Islands and Scotland in July as part of the annual Tall Ship Races.

From 30th June until 8th August the ships dock at 5 places going from Ireland, through the North coast of UK, across the pond to the west coast of Norway before they reach the final destination, Halmstad in Sweden.

This year's Tall Ships Race:

• Waterford, Ireland (30th June - 3rd July).
• Greenrock, UK (9th - 12th July)
• Lerwick, UK (21st - 24th July)
• Stavanger, Norway (28th - 31 July)
• Hamstad, Sweden (5th - 8th August)

Calendar of Events

• Subsea2012
• Southern North Seas
• MACH
• Barents Sea Conference
• Subsea Valley Conference
• All Energy
• Subcon
• NorShipping
• Underwater Technology Conference
• EnergiRike
• Offshore Northern Seas
• Offshore Technology Days
• EIConnect Oil & Gas

More News...