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It costs money, requires big investments, but the revenue potential is enormous.
We need an all-out effort to ensure that the most critical resources in the big fields don’t go to waste
Industries tied to modifications and drilling will see a high level of activity ... Everything that has to do with drilling of wells, mapping of reservoirs and maintenance will do well. The big oil service companies stand to gain.
newsday's coverage more stories
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Iraq inks oil deal with Russia's Lukoil
...to boost the output of a resource crucial to its postwar reconstruction efforts.Lukoil had partnered with Norway 's Statoil ASA to bid to develop the 12.88 billion barrel West Qurna Phase 2 field, the crown jewel of the 15 fields offered during Iraq's second... |more
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McDermott buys stakes in 2 construction vessels
...J. Ray McDermott SA has purchased a 50 percent stake in North Ocean 102 and a 75 percent stake in North Ocean 105 from Oceanteam ASA . McDermott said it will charter the vessels for five years, after which it will have the option to purchase Oceanteam's stake... |more
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Statoil gas platform shut down after leak
...(AP) â A gas leak shut down production Friday at a North Sea natural gas platform operated by Statoil ASA , the company said.Production was halted at the unmanned Sleipner B platform after an alarm alerted workers at a nearby processing facility to the leak,... |more
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Key dates in EU antitrust action against Microsoft
...order sets a precedent for other parts of its business, such as Office and Vista.— Dec. 13: Web browser developer Opera Software ASA asks European regulators to force Microsoft Corp. to give users a choice of Internet software with its Windows operating system.2008—... |more
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Microsoft, EU close chapter of antitrust battle
...European Commission's Web browser investigation began with a complaint from Norwegian Web browser maker Opera Software ASA in late 2007. At first, Microsoft offered to sell a Europe-only version of Windows with no browser at all, which regulators denounced... |more
around the web more stories
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Halliburton, Aker May Gain From Norway’s Push for Oil Spending
...to spend more to keep its aging offshore oilfields alive. The government is urging producers such as state-controlled Statoil ASA and ConocoPhillips to improve recovery rates from the country’s oil deposits. Output has almost halved in the past decade after... |more
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I am an adult and I think I may have Asperger’s Syndrome (AS). How and why should I get diagnosed if in fact I do have AS?
...location is to contact The Global and Regional Asperger Syndrome Partnership (GRASP), and the Autism Society of America (ASA). These organization may have chapters in your area. If not, they can provide you with the names of professionals who would know someone... |more
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Commitment to Responsible Coaching and Parenting Earns Liberty Mutual Grants for 20 Youth Sports Organizations
...is the National Governing Body of softball in the United States and a member of the United States Olympic Committee. The ASA has become one of the nation's largest sports organizations and now sanctions competition in every state through a network of 83 local... |more
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Reign offer opportunity to sample the product
...against his daughter for the first time. As it turned out, their spirited battle in the top five was among the highlights of the ASA Transcontinental Free State 500 at Phakisa Freeway Circuit in Welkom, Free State, South Africa. Toni was the race leader on... |more
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Cnooc to Boost Oil, Gas Output by 28% to Meet Demand (Update2)
...today, declining to give details. The company, which agreed to buy exploration licenses in the U.S. Gulf of Mexico from Statoil ASA last year, is driven more by value than by location in its drive to acquire overseas assets, he said. “Mexico could be good... |more
