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 Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

USCG Boatcrew Searching for Burglary Suspect

U.S. Coast Guard (USCG) search-and-rescue crews are currently searching for a burglary suspect in the vicinity of the Rickenbacker Causeway near Miami, Fla. Friday morning.

US Steel Producers Win Anti-dumping Case

The United States has approved anti-dumping duties against South Korea and other producers of steel pipes for the energy sector, a victory for domestic producers

China Appeals WTO Ruling on US Solar Panel Dispute

China has appealed against a WTO dispute panel report on anti-dumping duties applied on certain Chinese products by the United States, the World Trade Organization (WTO) said on Friday.

Offshore

Bureau Veritas to Class, Certify FPSOs for Saipem

Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two Kaombo FPSOs for service off Angola. The

Kvaerner in Statoil Unmanned Platform Project

Kvaerner say that Statoil has awarded it a concept study related to a standardised, unmanned dry tree wellhead platform for the Oseberg Future Development project.

Scotland Site for World's Biggest Tidal Array

The world’s biggest tidal array is to be built in North Scotland bringing jobs and energy security to the Pentland Firth region, informs a UK Government news release.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2506 sec (4 req/sec)