Shipping, Oil & Gas

Shipping, Oil and Gas

Norway and Kenya to cooperate in Oil for Development

Kenya has requested assistance from Norway in developing its petroleum sector. Through the programme Oil for Development, Norway will support Kenya in improving management of its natural resources and protection of the environment.

Reduced Q3 result for Statoil

Statoil's report for the third quarter of 2015 shows that adjusted earnings were NOK 16.7 billion, compared to NOK 30.9 billion in the same period in 2014. Net operating income according to IFRS for the quarter was NOK 7.3 billion, compared to NOK 17.0 billion in the same period in 2014.

Major Statoil contracts to Kvaerner Verdal

On behalf of the Johan Sverdrup licence, Norway's Statoil has awarded contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore S.A. The contract awarded to Kvaerner Verdal has a value of approximately NOK 1 billion.

18°C

Norway

Sunny

Humidity: 40%

Wind: 22.53 km/h

  • 18 Oct 2017 19°C 1°C
  • 19 Oct 2017 22°C 5°C
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