OSLO, July 15 (Reuters) - A Norwegian union for workers on offshore oil and gas drilling rigs stepped up a six-day strike on Monday that has slightly hit oil output after employers did not respond to demands for higher wages and pension benefits. The union is adding 900 workers to the strike, under a plan announced last week, after failing to win concessions before a … [Read more...]
Norway’s Wildcat Wells Get Best Results Since 2010 Bonanza
By Mikael Holter (Bloomberg) -- Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best exploration results in almost a decade. If they keep that pace up, explorers could find close to 1 billion barrels of new oil and gas this year for the first time since the landmark discovery of the giant Johan Sverdrup oil field in … [Read more...]
Some 2,500 Offshore Oil Workers in Norway Threaten to Strike
OSLO, June 21 (Reuters) - Some 2,250 workers on Norwegian offshore oil drilling rigs and in drilling and catering services on oil producing platforms could go on strike this summer after rejecting a proposed wage deal, the Safe labour union said on Thursday. Industri Energi, the largest labour union representing more than 4,000 drillers, last month agreed to a deal, while … [Read more...]
Norway Rejects Plan for Fish Farm on ‘World’s Largest Ship’
OSLO, May 22 (Reuters) - Norway's Directorate of Fisheries has rejected Pure Atlantic's application for 45 salmon farming development licenses, arguing that the plan did not bring significant innovation to the industry, it said in a letter dated May 16. Pure Atlantic had planned to construct what would have been the world's largest ship, some 500 metres (546 yards) long and … [Read more...]
Photos: Aasta Hansteen Spar Tow-Away from Stord, Norway
Five tugs with a combined 150,000 horsepower have started the 500 nautical mile tow-out of the giant Aasta Hansteen spar platform from Stord, Norway to the Aasta Hansteen field in the Norwegian Sea. Located in approximately 1,300 meters of water and 300 km from land, the Aasta Hansteen gas field is being developed with a Spar FPSO platform that will be the first on the … [Read more...]