StatoilHydro Starts Test Drilling in Arctic Oil Prospect

Tuesday, November 27, 2007
StatoilHydro has begun a two-year drilling program in Arctic waters to determine the potential of Norway's share of one of the world's few remaining unexplored oil prospects, the Financial Times reported.It also hopes to cooperate with Russian companies such to find oil and gas further into the Arctic. StatoilHydro last month started deliveries of liquefied natural gas from an offshore field inside the Arctic circle with its Snohvit project. Over the next 18 months or so, StatoilHydro test the area around the development to see if it can find enough to justify building a second LNG line. Lund suggested in an interview with the newspaper that he wants Norway to work with Russia on future development of Arctic resources. StatoilHydro was chosen by Gazprom as one of the foreign partners in developing the massive Shtokman gas field off Russias north coast. Source: Forbes
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

IRS on Talent Acquisition Spree

IRClass, the Leading Ship Classification Society has hired 17 of the brightest and best Naval Architecture students from the elite technical institutes of India.

Titan, Svitzer Merger Creates Global Salvage Giant

Svitzer, salvage division of AP Moller-Maersk and Titan Salvage, a division of Crowley Maritime Corp are merging their salvage operations to create a new market leader.

SAAM SMIT Towage Brazil Signs on with Helm

Helm Operations has signed on Brazilian harbor services company SAAM SMIT Towage to its Helm Marine Operations software to manage its billing and dispatch.    SAAM

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Repair Sonar
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: 0.1487 sec (7 req/sec)