Norwegian Oil Industry: Open More Offshore

Wednesday, June 25, 2008

's oil industry called on the new Petroleum and Energy Minister Terje Riis-Johansen to open up quickly more area for offshore oil and gas exploration.
With oil output from ageing North Sea fields in decline, the industry sees access to new acreage as the best way to sustain a boom which has turned from the poorest country in the Nordic region to the richest in less than two generations.
The lobby group said exploration drilling had picked up on the Norwegian shelf this year, with 26 wells begun in 2008 against 32 in all of last year. Twenty-two of the wells have already been completed an 15 of them struck oil or gas.
Source:  Reuters

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

Offshore

Havyard OSV Delivered, Christened in Iceland

‘Polarsyssel’, a Havyard 832 L WE designed offshore supply vessel has been delivered from Havyard Ship Technology’s yard in Leirvik in Sogn to the Icelandic shipping company Fafnir Offshore.

Nigerian Minister Pledges $1.3 bln for Power Companies

Nigeria's oil minister announced a 213 billion naira (1.3 billion US dollar) bail-out package for power companies on Saturday, nearly a year after the sector was privatised.

Rosneft says Exxon Still Continues to Work With it in Arctic

Russia's biggest oil producer Rosneft said on Saturday that Exxon Mobil was still continuing exploration drilling at their joint project in the Arctic Kara Sea.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.3402 sec (3 req/sec)