Wintershall Dea

Vallourec Secures Significant Purchase Order from Wintershall Dea for Premium Tubular Solutions in the North Sea

Retrieved on: 
Thursday, February 8, 2024

Meudon (France), 8 February 2024 – Vallourec, a world leader in premium steel tubular solutions, announces it has been awarded a purchase order for the supply of premium OCTG solutions with the German company Wintershall Dea as part of the long-standing partnership between the two companies.

Key Points: 
  • Meudon (France), 8 February 2024 – Vallourec, a world leader in premium steel tubular solutions, announces it has been awarded a purchase order for the supply of premium OCTG solutions with the German company Wintershall Dea as part of the long-standing partnership between the two companies.
  • The order includes nearly 3,000 tonnes of pipes, including a large volume of high-end CRA material (corrosion resistant alloy), connections, accessories, and associated services, for the Dvalin North deepwater gas development project in the Norwegian North Sea.
  • Vallourec's contribution to the Dvalin North project involves the supply of its best-in-class VAM® 21 connections featuring the environmentally-friendly CLEANWELL® dope-free solution.
  • Vallourec is also supporting other major projects for Winteshall Dea such as the Maria Development and the Luna and Havstjerne CCS licenses.

IBM Consulting Collaborates with Microsoft to Help Companies Accelerate Adoption of Generative AI

Retrieved on: 
Thursday, August 17, 2023

With today's news, IBM Consulting, in collaboration with Microsoft, will focus on helping clients to implement and scale Azure OpenAI Service.

Key Points: 
  • With today's news, IBM Consulting, in collaboration with Microsoft, will focus on helping clients to implement and scale Azure OpenAI Service.
  • It aims to help businesses define an adoption strategy and an initial set of specific and value-add generative AI use cases.
  • Additionally, IBM Consulting brings expertise and capabilities to help Microsoft clients through its acquisition of Neudesic , which specializes primarily in Microsoft Azure.
  • IBM Consulting recently announced its Center of Excellence for generative AI, which includes more than 1,000 consultants with specialized generative AI expertise ready to help accelerate its clients' business transformations with enterprise-grade AI, including technology from Microsoft, IBM and other ecosystem partners.

IBM Consulting Collaborates with Microsoft to Help Companies Accelerate Adoption of Generative AI

Retrieved on: 
Thursday, August 17, 2023

With today's news, IBM Consulting, in collaboration with Microsoft, will focus on helping clients to implement and scale Azure OpenAI Service.

Key Points: 
  • With today's news, IBM Consulting, in collaboration with Microsoft, will focus on helping clients to implement and scale Azure OpenAI Service.
  • It aims to help businesses define an adoption strategy and an initial set of specific and value-add generative AI use cases.
  • Additionally, IBM Consulting brings expertise and capabilities to help Microsoft clients through its acquisition of Neudesic , which specializes primarily in Microsoft Azure.
  • IBM Consulting recently announced its Center of Excellence for generative AI, which includes more than 1,000 consultants with specialized generative AI expertise ready to help accelerate its clients' business transformations with enterprise-grade AI, including technology from Microsoft, IBM and other ecosystem partners.

Approved development plans for Skarv Satellite Projects (SSP)

Retrieved on: 
Wednesday, June 28, 2023

FORNEBU, Norway, June 28, 2023 /PRNewswire/ -- Aker BP (OSE:AKRBP) (OTCQX:AKRBF): The Norwegian Ministry of Petroleum and Energy (MPE) has today approved the three Plans for development and operation (PDO) under the Skarv Satellite Project (SSP) in the Norwegian Sea.

Key Points: 
  • FORNEBU, Norway, June 28, 2023 /PRNewswire/ -- Aker BP (OSE:AKRBP) (OTCQX:AKRBF): The Norwegian Ministry of Petroleum and Energy (MPE) has today approved the three Plans for development and operation (PDO) under the Skarv Satellite Project (SSP) in the Norwegian Sea.
  • ( Link to the press release )
    The development projects, coordinated by the Skarv Satellite Project (SSP), consist of the gas and condensate discoveries Alve Nord (Aker BP, Wintershall DEA and PGNiG), Idun Nord (Aker BP, Equinor and Wintershall DEA) and Ørn (Aker BP, Equinor and PGNiG).
  • The Skarv Satellite project is being launched some ten years after the production started from the Skarv field.
  • "For ten years, Skarv has been a reliable supplier of oil and, not least, gas to Europe, and today produces approx.

Kosmos Energy Announces New Appointments to Board of Directors

Retrieved on: 
Wednesday, April 26, 2023

Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today that its Board of Directors (the “Board”) has appointed three new Directors, effective April 25, 2023: Ms. Maria Moræus Hanssen, Sir John Grant, and Mr. J. Mike Stice.

Key Points: 
  • Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today that its Board of Directors (the “Board”) has appointed three new Directors, effective April 25, 2023: Ms. Maria Moræus Hanssen, Sir John Grant, and Mr. J. Mike Stice.
  • “Sir Richard has been instrumental in helping Kosmos navigate an increasingly complex world.
  • I have always valued Sir Richard’s sound judgment and wise counsel,” said Andrew G. Inglis, Chairman of the Board and Chief Executive Officer.
  • For additional information on the new Members of the Board of Directors, visit: https://investors.kosmosenergy.com/corporate-governance/board-of-directors

Altera Infrastructure and Wintershall Dea Awarded License to Develop CO2 Storage on Norwegian Continental Shelf

Retrieved on: 
Friday, March 31, 2023

WESTHILL, United Kingdom and STAVANGER, Norway, March 31, 2023 (GLOBE NEWSWIRE) -- Altera Infrastructure and its partner Wintershall Dea are delighted to announce that the Norwegian Ministry of Petroleum and Energy has awarded the partnership a license to develop the Havstjerne CO2 storage in the North Sea.

Key Points: 
  • WESTHILL, United Kingdom and STAVANGER, Norway, March 31, 2023 (GLOBE NEWSWIRE) -- Altera Infrastructure and its partner Wintershall Dea are delighted to announce that the Norwegian Ministry of Petroleum and Energy has awarded the partnership a license to develop the Havstjerne CO2 storage in the North Sea.
  • Carbon Capture and Storage (CCS) development represents a major step forward in the global battle against climate change and the Havstjerne license award reinforces Altera Infrastructure’s commitment to sustainable energy solutions.
  • Ingvild Sæther, CEO of Altera Infrastructure Group Ltd. stated:
    “We are pleased that the Norwegian Ministry of Petroleum and Energy has made CO2 storage available for the industry.
  • We are working intensively on delivering the infrastructure Norway needs to become a hub for European carbon storage,” said Hugo Dijkgraaf, Chief Technology Officer at Wintershall Dea.

Chart Industries provides ISO tanks to Blue Water Shipping Through Bofort for Project Greensand, the world's first cross-border offshore CO2 storage project

Retrieved on: 
Tuesday, March 14, 2023

Carbon Capture and Storage (CCS) Project Greensand demonstrates, for the first time, the feasibility of cross-border, offshore CO2 storage across the full value chain - from capture to transport and storage.

Key Points: 
  • Carbon Capture and Storage (CCS) Project Greensand demonstrates, for the first time, the feasibility of cross-border, offshore CO2 storage across the full value chain - from capture to transport and storage.
  • “We are excited to provide our ISO container offering on this project with key customer and partner Bofort.
  • This is one example of how our offering supports carbon capture and storage solutions globally,” stated Jill Evanko, CEO of Chart Industries.
  • In February 2023, leading consortium partners INEOS and Wintershall Dea received the necessary storage license from the Danish authorities.

TechnipFMC Awarded Significant Subsea Contract by Wintershall Dea

Retrieved on: 
Tuesday, January 10, 2023

TechnipFMC (NYSE: FTI) has been awarded a significant(1) engineering, procurement, construction, and installation contract by Wintershall Dea Norge AS for its Dvalin North project.

Key Points: 
  • TechnipFMC (NYSE: FTI) has been awarded a significant(1) engineering, procurement, construction, and installation contract by Wintershall Dea Norge AS for its Dvalin North project.
  • Jonathan Landes, President, Subsea at TechnipFMC, commented: “We previously installed subsea umbilicals, risers and flowlines in the Dvalin field, and this new contract builds on the success of our installed base there.
  • We have a deep understanding of our client’s needs and a strong, collaborative relationship with Wintershall Dea.”
    Dvalin North was the second significant contract awarded to TechnipFMC by Wintershall Dea in 2022, following on from an iEPCI™ that will extend the life of the Maria field in the NCS.
  • (1) For TechnipFMC, a “significant” contract is between $75 million and $250 million.

Transocean Ltd. Announces Contract Awards and Extensions Totaling $488 Million

Retrieved on: 
Wednesday, January 4, 2023

STEINHAUSEN, Switzerland, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today announced contract awards or extensions for five of its drilling rigs.

Key Points: 
  • STEINHAUSEN, Switzerland, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today announced contract awards or extensions for five of its drilling rigs.
  • The contract contributes an estimated $43 million in backlog and is expected to commence in direct continuation of the rig’s current program.
  • The contract contributes an estimated $34 million in backlog and is expected to commence in the first quarter of 2023.
  • In Norway, certain previously disclosed options under the Transocean Norge contract with Wintershall DEA and OMV have now been added to backlog.

Major investments on the Norwegian shelf: Aker BP submits record number of field development plans

Retrieved on: 
Friday, December 16, 2022

Total recoverable resources in these development projects amount to 730 million net barrels of oil equivalent for Aker BP.

Key Points: 
  • Total recoverable resources in these development projects amount to 730 million net barrels of oil equivalent for Aker BP.
  • Aker BP's CO2 emissions per barrel are among the lowest in the entire oil and gas industry.
  • In connection with the PDO submissions, Aker BP has awarded a number of contracts to alliance partners and other strategic suppliers.
  • Aker BP will take over as operator, and will hence be operator for the entire area in both the development and operations phases.