Storms, alarms shut in additional norwegian oil, gas production

London (Platts)–19Jan2006 Fierce winter storms and fire scares shut within 120,000 b/d of Statoil’s Norwegian oil production Thursday additionally to stopping 43-mil cm/day’s gas and 118,000 b/d of condensate output the 2009 week. Statoil, Norway’s largest oil company, stated it shut lower the 35,000 b/d Visund field within the North Ocean night time Wednesday and …

Pandora’s box

  Before Shawn Fanning founded Napster from a Northeastern College dorm room in 1999, the background music industry was on the top around the globe. Pop radio minted money. Revenue for that world’s greatest record labels was $38 billion—more at that time compared to combined earnings of Apple and Microsoft. In 2 years, Napster devastated …

Statoil’s trestakk development plan approved by norwegian

STAVANGER — Norwegian government bodies have approved the program for Development and Operation (PDO) from the Trestakk discovery around the Halten Bank within the Norwegian Ocean. Investments are calculated at NOK 5.5 billion, nearly half from the original estimate. Trestakk is discovered in 1986, and expected recoverable volumes are 76 MMboe, mainly oil. Tied in …