Cost Cuts Appear to Harm Norway Oil Industry Safety -Watchdog
By Nerijus Adomaitis OSLO, Feb 20 (Reuters) – Cost cuts by Norway’s oil and gas industry appear to have contributed to a rise in accidents in
By Nerijus Adomaitis OSLO, Feb 20 (Reuters) – Cost cuts by Norway’s oil and gas industry appear to have contributed to a rise in accidents in
By Gwladys Fouche and Jonathan Saul OSLO/LONDON, Feb 6 (Reuters) – The pace of consolidation in the crisis-hit shipping industry accelerated on Monday
OSLO, Jan 26 (Reuters) – Subcontractors to the oil industry, including supply vessel owners, seismic shippers and rig firms, will continue to face
By Mikael Holter (Bloomberg) — Cost cuts are painful, but for Norway’s oil industry making every penny count has also yielded a surprising
By Sveinung Sleire (Bloomberg) — Reducing Norway’s oil dependency and living up to campaign promises is proving a costly affair for Prime Minister Erna
By Mikael Holter (Bloomberg) — The man overseeing energy policy in western Europe’s biggest oil-producing nation says the worst downturn in the
Norwegian offshore service vessel owner Farstad has announced it has been secured work for a total of six vessels offshore Australia. The company said Friday
By Mikael Holter (Bloomberg) — Norway has this year politely declined invitations from OPEC to join talks on curbing oil production. Its strategy is now
By Mikael Holter (Bloomberg) — Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore
Update: The fire on board the Scarabeo 5 has been brought under control. All 106 crew are safe and accounted for. A fire broke out Tuesday in the engine
By Mikael Holter (Bloomberg) — The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is
By Mikael Holter (Bloomberg) — As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for
Icelandic shipping company Eimskip has entered into an agreement to aquire Norwegian shipping and logistics company Nor Lines. Eimskip described Nor Lines as a
by Mikael Holter (Bloomberg) Oil and gas companies operating in Norway, western Europe’s biggest producer, cut investment forecasts further for this year and
By Stephen Treloar (Bloomberg) — Norway is facing the first oil worker strike since 2012 as government-mediated talks for platform
A 230-foot long replica of Noah’s Ark collided with a Norwegian Coast Guard vessel as it arrived in Oslo, Norway on Friday, causing damage to both
By Mikael Holter (Bloomberg) — Norway’s oil companies and the industry’s biggest union had set aside two days to negotiate over wages for offshore
By Mikael Holter (Bloomberg) — The oil market is rebalancing, but don’t count on ever seeing prices at $100 a barrel again: that’s the clear message
Norwegian oil company Statoil and the greater offshore community are mourning the loss of 13 people who died in Friday’s helicopter crash in
Update: Statoil has identified the victims as coming from Halliburton, Aker Solutions, Schlumberger, Welltec, Karsten Moholt and Statoil. The two pilots are
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