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Norway’s Arctic Oil Bonanza Gets Reality Check in Pipe Limbo

Business

Category: Energy

Norway is grappling with how to turn last year’s oil and gas finds in the Arctic Circle into real money as the world’s seventh-largest crude exporter seeks to sustain output after more than 40 years of extraction.

Source: Bloomberg


Published: 26.04.2012


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GON Proposes Doubling CO2 Tax on Oil Sector

Business

Category: Energy

Norway's government is proposing to nearly double the carbon dioxide tax on the country's vast oil and gas sector to encourage companies to use more electricity from onshore source to power oil platforms, the government said in a white paper.

Source: Reuters


Published: 25.04.2012


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Statoil Awards Compression Contract to Schlumberger Unit

Business

Category: Energy

Norwegian energy company Statoil has contracted Framo Engineering, a unit of Schlumberger, to design and build one of the world's first subsea gas-compression plants for the Gullfaks field off Norway, Statoil said on Thursday.

Source: Reuters


Published: 12.04.2012


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First Oil from Caesar Tonga Field in the Gulf of Mexico

Business

Category: Energy

Statoil’s operations in North America got another boost when operator Anadarko Petroleum and co-owners Shell and Chevron 12 March announced the beginning of first production from the Caesar Tonga deep-water project in the Gulf of Mexico.

Source: Maritime & Energy


Published: 13.03.2012


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