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Tag: norways
Oil exploration in Norway's Arctic cut by half after crude crash
2015-02-18 03:14:46| Appliances - Topix.net
Oil exploration in Norway's Arctic waters will be cut by half this year as state-controlled Statoil ASA halted drilling in the Barents Sea after crude prices plunged. Companies led by Sweden's Lundin Petroleum AB plan to drill at most seven exploration wells in the Barents Sea, down from a record 13 in 2014, said the Norwegian Petroleum Directorate.
GE Marine to supply marine diesel engines to Norways Bast Fosen
2015-02-13 01:00:00| Ship Technology
Marine propulsion system provider GE Marine has been selected by Norwegian shipping company Bast Fosen to provide the marine diesel engines for its new and re-powered vessels.
Tags: supply
marine
engines
diesel
AVEVA's Progressive Handover Solution Implemented at Norway's Largest Independent Oil Company
2014-12-15 11:32:41| Industrial Newsroom - All News for Today
AVEVA will support Det norske to improve quality and cut project time Stavanger, Norway AVEVA today announced that a brand new customer, Det norske oljeselskap ASA (Det norske), has begun deployment of AVEVAs Progressive Handover Solution to manage Life Cycle Information for the high profile Ivar Aasen field...
Tags: company
solution
independent
largest
Norway's Oil Decline Accelerating
2014-12-11 06:08:34| Oil & Gas - Topix.net
Long held up as the model for managing oil abundance, Norway has painstakingly sought to prevent the problems that occur with other natural resource-based economies, such as corruption, slow economic growth, currency appreciation, and subsequently, deindustrialization. Since 1990, Norway has diverted much of its oil earnings to a sovereign wealth fund, which has become the world's largest.
Tags: oil
decline
accelerating
norways
Norway's high tax challenging commercial viability of Arctic oil opportunities: GlobalData analyst
2014-10-24 01:00:00| Offshore Technology
The high tax burden in Norway is challenging the commercial viability of Arctic oil opportunities, compared with Russian, Canadian and US Arctic fiscal regimes, according to an analyst from research and consulting firm GlobalData.
Tags: high
commercial
tax
opportunities
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