The Azeri-Chirag-Gunashli partnership led by BP have signed a Euro 4.4 billion investment agreement to develop the Chirag oil project offshore Azerbaijan, in which Norway's Statoil holds an 8.6 per cent share.
Sound waves from seismic data acquisition resulted in increased catches for some species and smaller catches for others. It appears that pollack may, to some extent, have withdrawn from the area, while other species seem to remain.
Aker Solutions has signed a major contract with Petrobras to supply sulphate removal units for two FPSOs (Floating Production Storage and Offloading) platforms which will operate offshore Brazil.
Norwegian Statoil has increased its working interest in the St Malo development in the Gulf of Mexico to 21.5% by exercising its preferential rights on a proposed sale of Devon's share in the development.
The world's larges tobacco company Phillip Morris International (PMI) is taking the Norwegian state to court. PMI wants the Norwegian ban on displaying tobacco products in stores lifted, Dagens Næringsliv reports.