Energy Ticker

26/03/2015

New CEO in the Norwegian oil and gas association

The board of the Norwegian Oil Industry Association has appointed Karl Eirik Schjøtt-Pedersen as the associations new CEO. - We have considered many qualified candidates. With his unique political experience and leadership skills, Schjøtt-Pedersen was our first choice. We have been looking for someone that can lead our efforts to ensure favorable conditions for the industry, says Chairman Tor Arnesen in a message. Schjøtt-Pedersen has been Minister of Minister of Finance, Minister of Fisheries and Council of state at the Prime Minister's Office for the Labor Party. For many years, he was one of former Prime Minister Jens Stoltenberg's most trusted supporters.

Source: Tu.no

26/03/2015

The work with Polarled started this week

Pipelay vessel "Solitaire" arrived in Nyhamna on Wednesday. On Thursday, the vessel started working on the 48-mile long gas pipeline that will go to the Aasta Hansteen field. The plan is for Polarled to open a completely new province on the Norwegian shelf. On June 7 2013, when the Storting decided to go for the enormous development project worth NOK 57 billion (€ 6.6 billion) the oil and gas prices were on a different level than today. This is why Rystad Energy stated that Aasta Hansteen and Polarled would not be developed with current prices. Aasta Hansteen will be operated from Harstad, Statoil's new operational area in the north. Aasta Hansteen will be developed with a floating Spar Platform, the largest of its kind.

Source: Petro.no

Press Contact


Verena Sattel
Communication Manager North Sea, Spokesperson

verena.sattel[at]wintershall.com