Shipping, Oil & Gas

Shipping, Oil and Gas

Oil & Gas: Troll contains more oil

Norsk Hydro has confirmed that it has discovered more oil on the Troll Field in the North Sea. The find was made 500 metres beneath the present oil and gas producing reservoirs..

New major gas find in the North Sea

Norsk Hydro has announced a new, major gas find in the northern part of the North Sea. It is estimated that the well contains around 30 million cubic metres of natural gas.

Statoil reports solid production growth

The Statoil group has reported a net income of 8.7 billion in the third quarter of 2005, compared to NOK 5.8 billion in the third quarter of 2004. - We can once again present record results from our operations, says Statoil chief executive Helge Lund.

Oil & Gas: Increased export of crude

The value of the export of crude oil and natural gas from Norway increased by NOK 4.7 billion from July last year, according to figures from Statistics Norway.

New oil find in the North Sea

Statoil has discovered oil in an exploratory well south of the Vigdis Field in the North Sea. The find was made at a depth of 4,572 metres in the Tampen area.

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