Norwegian Petroleum Directorate Names New Senior Management Team
The Norwegian oil and gas regulator Norwegian Petroleum Directorate has appointed new senior management team."The six directors who will make up the Norwegian Petroleum Directorate’s senior management team along with Director General Ingrid Sølvberg have now been employed," NPD said Thursday.The positions were advertised at the end of April, and, according to Director-General Sølvberg there were a total of around 150 applicants for them.Sølvberg said there had been an intense period where "we have interviewed many good candidates.""We have recruited
"Soil Shift" Shuts Down Statoil Snorre B Platform
the personnel there after detecting a soil shift under a drilling template and then oil leak, the company said on Monday. The Snorre field in the northern part of the North Sea is Norway's fourth-biggest oil producer with output averaging 88,000 barrels of oil per day in 2013, data from Norwegian Petroleum Directorate (NPD) showed. The field has two production platforms but Statoil declined to provide a breakdown between Snorre B and Snorre A, which is operating normally. Production at Snorre B was first shut on Saturday after a subsea robot detected a pit under the drilling template, which
Offshore O&G: Cuts, Delays in Norway as Costs Soar
More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off, Bente Nyland, the head of the Norwegian Petroleum Directorate said on Thursday. Most vulnerable will be small fields, projects to increase the recovery from producing assets, and new finds further than 40 km from existing infrastructure, Nyland told Reuters. Oil firms are cutting back on capital spending across the world as years of cost inflation has squeezed margins, cutting back their ability to pay dividends. Norway, where the per
