Tag Archives: offshore

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Want USA Colleges to be Free? Nationalize Energy; Tax Churches; Halt Offshore

Want USA Colleges to be Free? Nationalize Energy; Tax Churches; Halt Offshore
Norway's state-owned oil company – Statoil – provides “free education, healthcare, and pensions to all of the nation's citizens.” Truth is, none of my ideas are original or “radical.” A Forbes article recently called for taxing churches, and concern …
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Job uncertainty grips Norwegians
Oil, offshore and Industrial employees aren't the only ones losing their jobs now, as cuts spread to other sectors in Norway. Jobs likes these with the state railroad may be more secure, but uncertainty is also spreading within the public sector, where …
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Oil services firms face end-2016 order vacuum as clients axe projects
“The backlogs of oil service companies tend to look light in aggregate for second half 2016 due to the time lag of installation work start-up from project sanction and award,” said Rohan Murphy, energy equities analyst at Allianz Global Investors …
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Oil patch takes aim at R&D spending to make way for more cuts
A visitor looks out toward a flare stack on the Oseberg A offshore gas platform operated by Statoil ASA in the North Sea, 140 kilometres from Bergen, Norway, in 2014. Bloomberg … “You can still get that work done, you can still advance it,” he said …
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Oil jobs exit Norway as era of richest rewards peters out
"We can not sit and wait while unemployment rises and our world leading offshore expertise disappears for good," Arve Bakke, head of the Norwegian United Federation of Trade Unions, said in a statement Thursday. Norway is also counting on its biggest …
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Oil jobs flow out of Norway amid slump
She has promised a budget proposal for next year that includes a "sharp increase" in funding for measures to create new jobs for unemployed oil engineers, according to a local media report. Norway is also counting on its biggest offshore project in …
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SAS scraps Norway-Texas 'oil route' flights as business dips
STAVANGER, Norway (AP) — Scandinavian Airlines says it will stop flying between the Norwegian city of Stavanger and Houston, Texas, because of "a severe decrease" in demand following a downturn in the oil industry. SAS Group spokesman Eivind Roald …
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Ocean Installer to set-up UFRs in Moho Nord field, offshore Congo
Norwegian subsea company Ocean Installer has secured a contract with Total E&P Congo to install umbilicals, flowlines, risers (UFR) at the Moho Nord field off the coast of the Republic of Congo. Ocean Installer CEO Steinar Riise said: "We are delighted …
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Offshore Service Operation Vessels: From Idea to Completion
Finally, the vessels were designed by Havyard Ship Technology, and work on the shell of the SOV “Esvagt Froude” started during the summer of 2013 at Turkey's Cemre shipyard (see the launch of SOV “Esvagt Faraday” here). Once the carcass had been …
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Norway Has Nothing To Fear From Oil's Downturn
The show, which features a Norwegian moratorium on oil production and a subsequent EU-sanctioned Russian-led takeover of Norway's oil production , has ruffled feathers among those in Russia who conflate fact with fiction. For what … While not …
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Solstad Offshore culls another 300 jobs
Norway's Solstad Offshore made another 300 workers redundant on Friday in a bid to help the company survive the weak demand for offshore support vessels. Around 150 of the dismissed workers will be from Scandinavia, mainly Norwegians, the company's …
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