Vår Energi Names VP Field Development
and long experience will be of high value going forward," says Vår Energi CEO, Kristin F. Kragseth.Ribesen has over 25 years operational and strategic experience from the international oil and gas industry. In Vår Energi, he will be in charge of the company’s development projects; Balder X being the most prominent.The project represents an overall investment of over NOK 20 billion (USD 1,92 billion), and involves an upgrade of the Balder and Ringhorne fields in the North Sea. The project will extend production from the area to 2045.As said earlier, the position VP Field Development
Norwegian Unions Say 755 O&G Workers Could Strike
receive pay increases matching those in other industries. The Industri Energi union said it would take out 524 members if the talks break down, affecting the Statoil-operated Oseberg, Gullfaks and Kvitebjoern fields. The SAFE union said it would take out 156 workers on ExxonMobil's Balder, Jotun and Ringhorne fields. In addition, 75 workers on Engie's Gjoea field would also go on strike, the smaller Lederne union said. Engie said it would shut Gjoea in the event of a strike, while ExxonMobil said a strike would affect its operations. Statoil declined to
