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

Contracts

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

C-Job Designs Flettner Freighter for Switijnk

The Dutch shipping company family Switijnk has contracted C-Job Naval Architects to develop a Rotor Sail-equipped design to meet their specific loading and sailing profile.

Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.0689 sec (15 req/sec)