Norwegian operator Statoil has been hit with a number of improvement points by the Norwegian Petroleum Safety Authority (PSA) after an audit was carried out on its management of barriers at Kvitebjorn.
The oil market is rebalancing, but don’t count on ever seeing prices at $100 a barrel again: that’s the message from Norway’s petroleum and energy minister.
Sevan Marine said it could take legal action over “potential breaches” of Norwegian corporate law regarding a review of agreements and a convertible loan with Logitel Offshore.
The disbelief in my initial reaction, to yet another tragic helicopter accident, was surpassed quickly by an overwhelming and heartfelt sadness that, once again, we had lost more colleagues as they simply travelled home from another offshore trip.
While the rest of Scandinavia turns into a laboratory for negative rate policies, the Norwegians are finding that billions of dollars in government support may spare them such extreme monetary experiments.
Norwegian operator Statoil expects to receive on critical environmental resolution on its oil and gas exploration at its AGM - from a pressure group set up by a group of grandparents against climate change.
A petition to ground all Super Puma EC225 helicopters from use in North Sea offshore operations would need European-wide approval, according to the Civil Aviation Authority (CAA).
The UK's Government's axing of support for major carbon capture and storage projects was been seen as a setback for the CCS sector, but it has also served to highlight the disparity between Britain and Norway, where the technology is being moving ahead.
On April 29th a North sea helicopter crashed on its return journey from Statoil's Gullfaks B platform killing all 13 people on board. A week on from the crash here's what we now so far from the investigation.
Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf.
More than 23,000 people have so far signed a petition calling for the Civil Aviation Authority to permanently remove the Airbus EC225 Super Puma from service.
Norwegian investigators said yesterday a North Sea helicopter crash which killed 13 people was most likely caused by a technical fault rather than “human error”.
A petition calling for the Civil Aviation Authority to permanently remove the Airbus EC225 Super Puma from service has reached more than 18,000 signatures.
Norway’s $870 billion sovereign wealth fund will back proposals to force Exxon Mobil Corp. and Chevron Corp., two of the biggest oil companies, to assess how climate-change policies can affect their business.
The helicopter crash that killed 13 people on their way back from an oil platform off Norway’s west coast has sparked a debate over whether the industry’s deepest cost cuts in 15 years are imperiling safety.
Airbus Helicopters said it following additional information gathered since a North Sea helicopter crash, that it has no plans to suspend flights for the Super Puma EC225.