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Statoil is re-evaluating an earlier proposed $15bn concept for its Johan Castberg discovery in the Barents Sea involving a semi-submersible with pipeline to onshore terminal, and is in favour of a possible FPSO concept.
Following on from our article last week on the Budget’s tax breaks for North Sea Oil production, there is even more good news for engineers looking to work there – a number of announcements have been made of additional projects and investments in the North Sea. 177 more words
Gwladys Fouche & Balazs Koranyi
Wednesday, March 26, 2014
OSLO, March 26 (Reuters) – On a mission to crush costs, global oil firms are rewriting the rule book on how they deal with service companies. 740 more words