Login
Forus-East-Statoil
Photo: Harald Pettersen/Statoil

Statoil hopes to hit the jackpot in 2017

Offshore:

Statoil will drill six high impact wells next year, which might contain large volumes of oil. The company has high expectations for the Korpfjell field in the Barents Sea. The field may hold up to three times as much oil as Johan Castberg.


BY NIKLAS KRIGSLUND
Published 04.01.17 at 14:11

Log in to read articles

Some of our content is exclusively for subscribers.

Try ShippingWatch free for 14 days

Get 14 days free trial access

Sign up for ShippingWatch newsletter
Most read Offshore

SAL Heavy Lift shuts down its offshore unit

csm_doublebanking_01_2029a26108.jpg Offshore:

Germany's SAL Heavy Lift, which was acquired by Bremen-based Harren & Partner this summer, is shutting down its offshore business unit.

Analysts: First phase in the oil upswing is in progress

Offshore:

A comprehensive report from SEB concludes that the oil industry is on the way up after a long period of slashing costs on a mass scale.

John Fredriksen is racing against time to save his empire

Offshore:

A multiple year boom could be coming to an end for the colorful Norwegian shipping magnate John Fredriksen's crown jewel, Seadrill, as the company has turned out to be USD 14 billion in debt and at which a race against time and unsatisfied bond holders has begun.

Surging demand for staff in Norwegian offshore

Offshore:

Norwegian recruiting agencies are now reporting a surge in demand from oil and gas companies as the oil price stabilizes. But demand is still much lower than before the crisis.

Norwegian shipping magnates behind new offshore giant

Offshore:

Norwegian shipping magnates John Fredriksen and Kjell Inge Røkke seem to be the main architects behind a plan to create a consolidated supply shipping company by joining the fleets of Farstad Shipping, Deep Sea Supply, and Solstad.

Seadrill settles rescue plan in the nick of time

Offshore:

John Fredriksen's struggling rig company Seadrill will get more than USD 1 billion in fresh capital and will postpone debt payments for several years. The plan will be implemented under US Chapter 11.

Current front page

A.P. Moller Holding A/S buys Maersk Tankers

Maersk Etienne1.jpg Tanker:

The Maersk family's A.P. Moller Holding buys Maersk Tankers for USD 1.17 billion, informs the holding company Wednesday.

Dry bulk shipowners have drained yards' newbuild stockpiles

Carriers:

Shipyards have virtually no newbuild resale vessels left from canceled contracts to sell, says Celsius Shipping CEO Jeppe Jensen.

Dockworkers block automation of vehicles in West Coast ports

Container:

The powerful US dockworker union ILWU has succeeded in slowing the development towards automation in Los Angeles and Long Beach. A new law holds that environmentally-friendly vehicles in the ports must not be fully automated or remote controlled in order to secure subsidies.

Saadé: Container stronger than it has been for years

Container:

The chief executive of France's CMA CGM, Rodolphe Saadé, sees no crises in the years to come for container carriers, which are currently benefiting from consolidation and stronger economic growth.

Kuehne + Nagel heralds more acquisitions

Services:

Transport and logistics firm Kuehne + Nagel is hosting its capital markets day in London, and the group has heralded news about its strategy plan.

Surging demand for staff in Norwegian offshore

Offshore:

Norwegian recruiting agencies are now reporting a surge in demand from oil and gas companies as the oil price stabilizes. But demand is still much lower than before the crisis.

ADVERTISEMENT
ADVERTISEMENT

Vacancies

ADVERTISEMENT