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With the recent divestiture against coal and a campaign highlighting the risks of climate action, we look at what the future may hold for Norway’s oil industry, as well as profiling at the pros and cons of opening up the basin in the Eastern Gulf of Mexico.
In the latest issue, we investigate whether exploration in the Arctic will end before it has even begun as financial strain continues to tighten belts across the offshore sector and learn what is behind Statoil’s Norne field’s impressive performance, and how would it have to be adapted for another 15 years of operation.
Moreover, we take a look at the factors that led to the environmental success story of Alaska’s Bristol Bay and ask whether US President Barack Obama’s announcement of an indefinite hold on any oil and gas exploration in the area could set a precedent for further blocks on exploration in fragile environments, in addition to finding out more about the repair project of an engine replacement for a deck crane on an offshore platform in the Dutch North Sea.
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By GlobalDataIn this issue
The Future of Norway
With a recent divestment drive against coal and a concerted campaign to highlight the risks of climate action against offshore operations, Adam Leach looks at what the future holds for Norway’s oil industry?
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Opening up the Eastern Gulf
The America Petroleum Institute estimates ending the oil and gas moratorium in the Eastern Gulf of Mexico could have vast economic benefits. Heidi Vella-Starr finds out more.
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Anti-Arctic
As financial strain continues to tighten belts across the offshore sector, a number of companies have backed away from plans to explore for oil in the Arctic. Chris Lo discovers
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Staying Power
Statoil plans to extend the life of its prolific Norne field in the Norwegian Sea to 2030. Julian Turner reveals how robust maintenance and new discoveries could help the multinational to exploit the area
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Mixed Messages
Obama has pledged to stonewall Alaska’s Bristol Bay from offshore exploration and also announced new drilling leases will be sold in the Atlantic Ocean. Ross Davies asks is the US leader sending out mixed messages
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Raise the Stakes
German crane manufacturer JD Neuhaus and Dutch engineering specialist Gerritsen On- & Offshore Services recently completed a complex deck crane engine replacement project. Julian Turner finds out more.
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Next issue preview
It is becoming increasingly difficult for companies to secure financial aid for projects in a low oil price environment. We discover what is needed before a project can gain finance.
Also, we profile PEMEX after more eyes have been on them since the deadly fire on their Abkatun-A Permanente shallow-water platform, as well as catching up with the female CEO of Nigeria-based company LADOL to find out more about their latest project.
Moreover, we investigate the rise of eco activist shareholders, look at ultra-deep offshore projects to analyse whether it is safe for the edgy market, and find out more about the collaboration between Aptomar and Transas to develop, what they are calling, the world’s most advanced oil spill combating simulator centre in Norway.
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