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Business - Shipping, Oil and Gas

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.

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Business - Shipping, Oil and Gas

Environmental Minister Helen Bjoernoey has decided to uphold the permission to allow exploratory drilling on the Goliath Field in the Barents Sea.

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Business - Shipping, Oil and Gas

The crew were able to extinguish a fire in a generator onboard the Aasgard B platform in the Norwegian Sea on Saturday. It was not necessary to evacuate the platform.

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Business - Shipping, Oil and Gas

The 217 workers on the Sleipner A-platform were ready to enter the lifeboats after a gas leak was registered Wednesday. However the situation was quickly brought under control.

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Business - Shipping, Oil and Gas

Aker Kvaerner has acquired a major contract from the US company Chevron in the Mexican Gulf. The contract is valued at NOK 840 million (USD 120 million).

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Business - Shipping, Oil and Gas

Norse Energy Corp (NEC) has in a joint venture partnership with a local Brazilian company, won the bid for two blocks in the Brazilian government auction of exploratory blocks,
onshore in the Reconcavo Basin.

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