Norway Govt Approves Tyrihans Project

Friday, February 17, 2006
Statoil ASA said the Norwegian Parliament has approved the development plan for the Tyrihans offshore oil and gas field. The $2.1 million project will see production begin in 2009, and hold estimated reserves of 182 million barrels of oil and condensate, and 34.8 billion cubic meters of natural gas. Statoil is the operator of the Tyrihans project, with a 46.8 percent stake. Other partners include Total, who will hold 21.51 percent following the sale of a 5 percent stake in the field to ExxonMobil, expected to be completed soon. ExxonMobil will then hold an 11.75 percent stake. Norsk Hydro ASA holds 12 percent, and Eni SpA has a 7.9 percent stake. Separately, Total said the initial plateau production at the Tyrihans field should reach 70,000 barrels of oil equivalent per day in 2011. (Source: Forbes)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

U.S. Backs S. China Sea Bilateral Talks

U.S. Secretary of State Kerry says backs bilateral talks; Philippines says dispute does not involve United States. U.S. Secretary of State John Kerry said on

Samil PwC Okays Hyundai's Management Improvement Plan

Hyundai Heavy Industries (HHI) is notified by Samil PwC, a local member of the global accounting firm PwC, that its 3.5 trillion won worth management improvement

ASEAN Breaks South China Sea Deadlock

Manila drops request to refer to court ruling in statement. Southeast Asian nations overcame days of deadlock on Monday when the Philippines dropped a request

Offshore

MOL Signs Long-Term Charter with Uruguayan JV for FSRU

Japanese shipping company Mitsui O.S.K. Lines, has, through its wholly-owned subsidiary Lakler S.A., agreed to conclude a charter contract with Gas Sayago, for

Migrants Survivors Tell of Struggle at Sea

The bodies of 21 women and one man were brought ashore to Sicily on Friday as fellow migrants described scenes of panic and violence when water poured into their dinghy.

Three Keppel Dredgers for Jan De Nul

Keppel Offshore & Marine Ltd (Keppel O&M)'s wholly owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Jan De Nul Group to

 
 
Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0703 sec (14 req/sec)