Oil discoveries hit new lows in 2013, 2014; oil firms cutting spending, including exploration. Spending cut could hit oil price with a lag. Costs soar, making many project unviable. The rate of oil discoveries continues to disappoint after a…
Bibby Offshore announced its continued international expansion with the opening of an office in Stavanger, Norway. The Norwegian office for Bibby Offshore will be headed by Arne Lier. Bibby Offshore has a leading subsea services position in the U.K.
Nordic Maritime’s latest fleet addition wins first work with energy giant. Nordic Maritime has announced its newest DP2 vessel, Mokul Nordic, has been contracted for a 30 days firm plus an optional 15 days charter in the North Sea by international energy provider Statoil.
The Edvard Grieg oil field off Norway is expected on stream in October next year, its operator Lundin Petroleum said on Monday. "We should be on production in October next year," Torstein Sannes, Lundin Petroleum's chief in Norway, told a news conference.
Strandpromenaden 50, Horten, Vestfold, Norway 3183 T: +47 32 28 50 00 E: email@example.com W: http://km.kongsberg.com CEO/President: Geir Håøy VP: Bjørn Jalving, EVP, Subsea Division Number of Employees: 4396 The Company Company Mission: Maximizing performance by providing The Full Picture.