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6:54:44 pm CDT PM

Tuesday, 28 May 2013

Shipping, Oil and Gas

New frigate to fight pirates

Business - Shipping, Oil and Gas

Norway will again send a frigate to the Bay of Aden to join the EU-led naval force in fighting the pirates who are threatening shipping in these waters.

Wednesday, 08 December 2010 08:14

Oil&Gas: The Vega Field on stream

Business - Shipping, Oil and Gas

Production has commenced on the Vega gas and condensate field off Norway's west coast. Statoil says this will be an important contribution to its production on the Norwegian Shelf.

Tuesday, 07 December 2010 07:57

Oil&Gas: Drilling resumed on Gullfaks

Business - Shipping, Oil and Gas

Statoil has resumed drilling and well operations on the Gullfaks Field. Operations on the North Sea field were halted on November 10th, following an incident earlier this year.

Saturday, 04 December 2010 07:50

North Sea oil platform evacuated

Business - Shipping, Oil and Gas

Around 90 workers on the Gullfaks C oil platform in the North Sea were evacuated late Thursday evening, following a sudden pressure change during the drilling of a new well, TV 2 reports.

Friday, 21 May 2010 06:59

Technip awarded new Subsea contract

Business - Shipping, Oil and Gas

Technip has announced that it has signed an agreement, worth around €30 million, with Statoil ASA for the fabrication and installation of a pipeline on the Marulk field in the North Sea.

Friday, 21 May 2010 06:41

Hydro CEO new chair of IAI

Business - Shipping, Oil and Gas

Hydro's President and CEO Svein Richard Brandtzæg has been elected chairperson of International Aluminium Institute (IAI), the global aluminium industry association.

Wednesday, 19 May 2010 06:50

Oil find in the North Sea

Business - Shipping, Oil and Gas

Normal 0 21 The Norwegian oil company Det norske has discovered oil in Storklakken close to the Frøy field. The proven volumes are between 7 and 12 million barrels of oil equivalents. Det norske owns 100% of the licence.Det norske, operator of production licence 460, has completed drilling an exploration well (25/1-11) and a subsequent sidetrack (25/1-11 A) in the Storklakken prospect. The wells were drilled using the Aker Barents drilling rig.

Tuesday, 18 May 2010 06:49

Gas discovery in the Norwegian Sea

Business - Shipping, Oil and Gas

Norway's Statoil has struck gas in an exploration well north of the Mikkel Field in the Norwegian Sea. The discovery is being considered for development as a satellite to the Åsgard Field.

Saturday, 15 May 2010 07:19

Aker Solutions awarded Malaysian contract

Business - Shipping, Oil and Gas

Aker Solutions has been selected by Kebabangan Petroleum Operating Company Sdn Bhd (KPOC) as its contractor for the detailed engineering of the Kebabangan (KBB) Northern Hub development project.

Saturday, 15 May 2010 07:09

Statoil to deliver gas to Canada

Business - Shipping, Oil and Gas

Norway's Statoil has concluded an agreement for the transportation of gas through a pipeline from the Northern Marcellus shale gas area in Pennsylvania (PA) to Niagara at the US-Canadian border.

Thursday, 13 May 2010 07:19