Tagged: oil and gas industry

Norway signs agreement with coastal states in Africa

Minister of the Environment and International Development Erik Solheim will sign an agreement with six countries in Africa that will help them to gain jurisdiction over their own oil and gas resources. Norway and...

Aker Solutions Declines as Profit Misses Estimates

Aker Solutions ASA slumped the most in six months in Oslo trading after Norway’s biggest maker of oil platforms and equipment reported lower sales and earnings that missed analysts’ estimates. The shares fell as...

Kevin Costner to Attend ONS

Kevin Costner is a founder of the companies Blue Planet Solutions and Ocean Therapy Solutions, and also a celebrated actor, businessman and environmental campaigner, will be attending ONS in August. Costner is among those...

Stability Crucial to US Investment, Warns Statoil

Statoil has warned U.S. authorities that oil companies need a “stable and predictable” regulatory environment if they are to press ahead with investments in the Gulf of Mexico after the BP oil spill. The...

Gjøa gets connected

On July 11, Statoil switched on the power, making Gjøa Norway’s first floating platform to get electricity from the mainland. “This is a good example of how Statoil can play a part in solving...

From oil to medicine & beyond

Norway is known for its groundbreaking technology within the field of petroleum research. Less known is that this very same technology has been transferred to the car and aerospace industries and can be used...

HitecVision acquires Tampnet from Statoil

Statoil and HitecVision have signed an agreement under which HitecVision will acquire Statoil’s subsidiary Tampnet AS. Tampnet operates a large high capacity communication network between offshore installations. Established by Statoil in 2001, Tampnet has...