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

Lagos Port Drags on Africa's Top Economy

Ruling party reforms improved Apapa port; shippers still face delays and corruption. The road leading to the Lagos port, which handles nearly everything that Africa's biggest economy imports,

Golden Ocean Reshuffles Fleet, Delays Newbuilds

Golden Ocean Group Limited has entered into several agreements concerning its fleet. Golden Ocean has agreed with Ship Finance International Ltd ("Ship Finance")

Double Order for Super Gloria Reachstacker

Kalmar, part of Cargotec, has gained an order for two Super Gloria reachstackers from Tadarsa Logistics S.L. in Aviles, Spain. The largest reachstackers ever built,

 
 
Maritime Contracts Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction 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: 0.1133 sec (9 req/sec)