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  • The Hammerfest LNG plant on Melkøya, the Snøhvit plant, has shipped its 1,000th cargo some 140 500 cm of LNG via the Arctic Discoverer. The cargo is destined for Bilbao in Spain.The total sales value of all the LNG cargos since the field came onstream in 2007 is in the range of NKr130150bn ($...

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  • Norsk Hydro and Elf are to join forces to develop three minor gas fields, Vale, Skrirne and Byggve, as satellites to the Heimdal field. Investment will concentrate on drilling, sub sea templates and pipelines.

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    • Record type: News Item

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    • Record type: Book

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  • OSLO Shell's 200,000 bpd Draugen oilfield offshore Norway stayed closed today after a plunge in temperatures halted production at the weekend. The company is discussing how to re-start production now that temperatures are hovering around zero degrees centigrade. Production problems took about 600,00...

    • Availability: Online
    • Record type: News Item

  • STAVANGER Statoil plans to create a new global exploration unit employing around 100 geologists before the end of the year. The new unit will be responsible for accessing and proving new high potential acreage, with an initial focus on Norway's 17th licensing round, the Barents Sea (except the Troms...

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  • Statoil, Norway's state-owned oil company, still hopes for a partial privatisation by the end of next year despite a surprise blow dealt to the privatisation process by the ruling Labour party this week.

  • Kvaerner on Thursday revealed plans to break up the company, by the third quarter, into three distinct business areas. This would be achieved by combining oil and gas with engineering and construction (E&C), shipbuilding with other non-core assets, leaving pulp and paper as the third business.

  • Fourteen companies have applied for acreage in Norway's sixteenth licencing round, thought to be focussing on the Voring and More deepwater areas. There were 38 applications for the 48 blocks on offer. The applicants were Agip, BP Amoco, Chevron, Conoco, Elf, Enterprise, Exxon-Mobil, Norsk Hydro, Fo...

    • Availability: Online
    • Record type: News Item

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