Statoil ASA STO recently announced that it has hit new gas deposits on the Valemon West field. The discovery, which was made just two years after Valemon was brought online, is estimated to hold ...

Two hours after the Valemon topsides weres lifted off the transport vessel, the structure landed on its feet. (Photo: André Osmundsen/Statoil) The Valemon topsides landed on the jacket just before ...

Equinor let a contract to Noble Drilling Norway AS to drill three wells at Valemon gas and condensate field in the northern part of the North Sea utilizing the Noble Lloyd Noble drilling rig beginning ...

Statoil is to choose Samsung Heavy Industries for construction of the topsides for the Valemon platform. The contract is worth an estimated NOK 2.3 billion. The award has taken place in wide-ranging ...

Statoil ASA, together with its Valemon unit partners, made an oil and natural gas discovery in the Valemon North prospect in the North Sea, just 10 km north of the companies’ planned Valemon ...

OSLO, Sept 11 (Reuters) - Norway's Statoil (Xetra: 675213 - news) plans to start producing gas at its new Valemon field in the North Sea by the end of this year, potentially boosting supplies to ...

Aibel is due to complete the Nkr62 million ($10.6 million) FEED work next March, taking in the Valemon topsides, living quarters and jacket interface. Though nothing is fixed, there is talk that the ...

Statoil is gearing up for sailaway of its Valemon platform topsides later this month after the unit was loaded out at Samsung Heavy Industries (SHI) at the weekend as the keenly watched fabrication ...