BusinessBusiness - Oil & Gas/Shipping
Tuesday, 28 May 2013 18:37
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Record volumes of gas produced is one of the main reasons why cash flow from the State’s Direct Financial Interest (SDFI) on the Norwegian continental shelf (NCS) in the first nine months of 2012 increased by NOK 17.9 billion from the same period of last year.
Norwegian energy provider Statoil has been awarded shares in seven exploration licences on the United Kingdom continental shelf (UKCS).
In India, Norwegian telecom company Telenor has transferred all its shares in Uninor to a new wholly owned Indian entity, Telewings Communications Pvt. Ltd. (Telewings).
Norwegian energy provider Statoil reports a third quarter 2012 net operating income of NOK 40.9 billion, a 4% increase compared to NOK 39.3 billion in the third quarter of 2011.
Aluminium producer Hydro reports that earnings before financial items and tax fell to NOK 8 million in the third quarter from NOK 549 million in the previous quarter.
Aker Solutions has signed a contract with ENI for the Block 15\06 West Hub development project in the Angolan deep water region.
(Photo: Statoil President and CEO Helge Lund)
Norwegian energy providers Statoil and Statkraft have acquired the UK Dudgeon Offshore Wind Farm project.
